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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jan. 01, 2022
Jan. 02, 2021
Current assets:    
Cash and cash equivalents $ 68,906 $ 81,617
Restricted cash 166 103
       Accounts receivable, less allowance for bad debts of $8,196              at January 1, 2022 and $10,815 at January 2, 2021 469,092 405,387
Inventories 457,465 405,922
Prepaid expenses 53,711 47,793
Income taxes refundable 1,075 3,883
Other current assets 38,599 42,289
Total current assets 1,089,014 986,994
Property, plant and equipment, net 1,840,080 1,863,814
Intangible assets, net 397,801 473,680
Goodwill 1,219,116 1,260,240
Investment in unconsolidated subsidiaries 1,349,247 804,682
Operating right-of-use assets, net 155,464 146,563
Other assets 66,795 60,682
Deferred income taxes 16,211 16,676
Total assets 6,133,728 5,613,331
Current liabilities:    
Current portion of long-term debt 24,407 27,538
Accounts payable, principally trade 307,118 255,340
Income taxes payable 32,310 17,497
Operating lease liability, current 38,168 39,459
Accrued expenses 350,681 335,471
Total current liabilities 752,684 675,305
Long-term debt, net of current portion 1,438,974 1,480,531
Operating lease liability, non-current 120,314 109,707
Other noncurrent liabilities 111,029 117,371
Deferred income taxes 362,942 276,208
Total liabilities 2,785,943 2,659,122
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized, 171,734,603 and 169,880,238 shares issued at January 1, 2022 and January 2, 2021, respectively 1,717 1,699
Additional paid-in capital 1,627,816 1,597,429
Treasury stock, at cost; 10,942,599 and 7,679,849 shares at January 1, 2022 and January 2, 2021, respectively (374,721) (151,710)
Accumulated other comprehensive loss (321,690) (252,433)
Retained earnings 2,347,838 1,696,924
Total Darling's stockholders’ equity 3,280,960 2,891,909
Noncontrolling interests 66,825 62,300
Total stockholders’ equity 3,347,785 2,954,209
Total liabilities and stockholders' equity $ 6,133,728 $ 5,613,331
Common stock, par value (in usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 250,000,000 250,000,000