Investment in Unconsolidated Subsidiary (Tables)

3 Months Ended

Apr. 02, 2022

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)	March 31, 2022		December 31, 2021
Assets:
Total current assets	$	950,802	$	686,294
Property, plant and equipment, net	2,934,686		2,710,747
Other assets	59,196		51,514
Total assets	$	3,944,684	$	3,448,555
Liabilities and members' equity:
Total current portion of long term debt	$	165,356	$	165,092
Total other current liabilities	367,478		295,860
Total long term debt	340,591		344,309
Total other long term liabilities	17,328		17,531
Total members' equity	3,053,931		2,625,763
Total liabilities and members' equity	$	3,944,684	$	3,448,555

	Three Months Ended
(in thousands)	March 31, 2022		March 31, 2021
Revenues:
Operating revenues	$	980,692	$	431,633
Expenses:
Total costs and expenses less depreciation, amortization and accretion expense	807,572		215,234
Depreciation, amortization and accretion expense	26,492		11,687
Total costs and expenses	834,064		226,921
Operating income	146,628		204,712
Other income (expense)	(11)		58
Interest and debt expense, net	(3,009)		(320)
Net income	$	143,608	$	204,450