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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Income Statement [Abstract]        
Net sales $ 1,650,188 $ 1,198,669 $ 3,016,522 $ 2,245,385
Costs and expenses:        
Cost of sales and operating expenses 1,231,507 878,073 2,252,084 1,650,857
Gain on sale of assets (1,055) (228) (1,444) (292)
Selling, general and administrative expenses 107,776 99,132 209,808 196,530
Restructuring and asset impairment charges 8,557 0 8,557 778
Acquisition and integration costs 5,358 0 9,131 0
Depreciation and amortization 93,113 79,222 172,359 157,756
Total costs and expenses 1,445,256 1,056,199 2,650,495 2,005,629
Equity in net income of Diamond Green Diesel 73,680 125,788 145,484 228,013
Operating income 278,612 268,258 511,511 467,769
Other expense:        
Interest expense (24,008) (15,268) (39,611) (31,696)
Foreign currency loss (4,412) (684) (5,512) (1,094)
Other expense, net (302) (1,198) (1,044) (2,357)
Total other expense (28,722) (17,150) (46,167) (35,147)
Equity in net income of other unconsolidated subsidiaries 2,272 1,940 3,632 2,552
Income before income taxes 252,162 253,048 468,976 435,174
Income tax expense 47,333 54,979 73,416 83,687
Net income 204,829 198,069 395,560 351,487
Net income attributable to noncontrolling interests (2,833) (1,487) (5,511) (3,139)
Net income attributable to Darling $ 201,996 $ 196,582 $ 390,049 $ 348,348
Basic income per share (in dollars per share) $ 1.25 $ 1.21 $ 2.41 $ 2.14
Diluted income per share (in dollars per share) $ 1.23 $ 1.17 $ 2.37 $ 2.08