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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 02, 2021
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 67,188 $ 81,617
Restricted cash 172 103
Accounts receivable, less allowance for bad debts of $10,107 at October 2, 2021 and $10,815 at January 2, 2021 479,575 405,387
Inventories 476,295 405,922
Prepaid expenses 63,633 47,793
Income taxes refundable 3,060 3,883
Other current assets 13,721 42,289
Total current assets 1,103,644 986,994
Property, plant and equipment, less accumulated depreciation of $1,821,115 at October 2, 2021 and $1,702,123 at January 2, 2021 1,834,670 1,863,814
Intangible assets, less accumulated amortization of $552,288 at October 2, 2021 and $568,086 at January 2, 2021 417,409 473,680
Goodwill 1,232,179 1,260,240
Investment in unconsolidated subsidiaries 1,107,834 804,682
Operating Lease, Right-of-Use Asset 160,660 146,563
Other assets 53,887 60,682
Deferred income taxes 15,437 16,676
Total assets 5,925,720 5,613,331
Current liabilities:    
Current portion of long-term debt 55,138 27,538
Accounts payable, principally trade 272,844 255,340
Income taxes payable 34,623 17,497
Operating Lease, Liability, Current 40,182 39,459
Accrued expenses 353,410 335,471
Total current liabilities 756,197 675,305
Long-term debt, net of current portion 1,325,736 1,480,531
Operating Lease, Liability, Noncurrent 123,169 109,707
Other non-current liabilities 115,815 117,371
Deferred income taxes 335,566 276,208
Total liabilities 2,656,483 2,659,122
Commitments and contingencies
Stockholders’ equity:    
     Common stock, $0.01 par value; 250,000,000 shares authorized; 171,665,336 and 169,880,238 shares issued at October 2, 2021 and January 2, 2021, respectively 1,717 1,699
Additional paid-in capital 1,623,264 1,597,429
     Treasury stock, at cost; 9,886,705 and 7,679,849 shares at        October 2, 2021 and January 2, 2021, respectively (302,188) (151,710)
Accumulated other comprehensive loss (309,353) (252,433)
Retained earnings 2,192,084 1,696,924
Total Darling's stockholders’ equity 3,205,524 2,891,909
Noncontrolling interests 63,713 62,300
Total stockholders' equity 3,269,237 2,954,209
Total liabilities and stockholders' equity $ 5,925,720 $ 5,613,331