Investment in Unconsolidated Subsidiary (Tables)

6 Months Ended

Jul. 03, 2021

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

Selected financial information for the Company's DGD Joint Venture is as follows (in thousands):

(in thousands)	June 30, 2021		December 31, 2020
Assets:
Total current assets	$	464,631	$	383,557
Property, plant and equipment, net	1,727,979		1,238,726
Other assets	35,369		36,082
Total assets	$	2,227,979	$	1,658,365
Liabilities and members' equity:
Total current portion of long term debt	$	581	$	517
Total other current liabilities	205,484		99,787
Total long term debt	8,635		8,705
Total other long term liabilities	8,555		3,758
Total members' equity	2,004,724		1,545,598
Total liabilities and members' equity	$	2,227,979	$	1,658,365

	Three Months Ended				Six Months Ended
(in thousands)	June 30, 2021		June 30, 2020		June 30, 2021		June 30, 2020
Revenues:
Operating revenues	$	571,859	$	295,826	$	1,003,492	$	654,441
Expenses:
Total costs and expenses less depreciation, amortization and accretion expense	307,857		157,611		523,091		308,958
Depreciation, amortization and accretion expense	11,995		11,114		23,682		22,888
Total costs and expenses	319,852		168,725		546,773		331,846
Operating income	252,007		127,101		456,719		322,595
Other income	353		200		411		661
Interest and debt expense, net	(784)		(317)		(1,104)		(632)
Net income	$	251,576	$	126,984	$	456,026	$	322,624