Investment in Unconsolidated Subsidiary (Tables)

9 Months Ended

Oct. 01, 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)	September 30, 2022		December 31, 2021
Assets:
Total current assets	$	933,332	$	686,294
Property, plant and equipment, net	3,292,831		2,710,747
Other assets	46,736		51,514
Total assets	$	4,272,899	$	3,448,555
Liabilities and members' equity:
Total current portion of long term debt	$	115,506	$	165,092
Total other current liabilities	316,345		295,860
Total long term debt	332,794		344,309
Total other long term liabilities	16,973		17,531
Total members' equity	3,491,281		2,625,763
Total liabilities and members' equity	$	4,272,899	$	3,448,555

	Three Months Ended				Nine Months Ended
(in thousands)	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Revenues:
Operating revenues	$	1,470,036	$	401,900	$	3,906,614	$	1,405,392
Expenses:
Total costs and expenses less depreciation, amortization and accretion expense	1,229,371		281,848		3,311,608		804,939
Depreciation, amortization and accretion expense	31,793		10,991		89,602		34,673
Total costs and expenses	1,261,164		292,839		3,401,210		839,612
Operating income	208,872		109,061		505,404		565,780
Other income	1,215		113		1,926		524
Interest and debt expense, net	(3,259)		(1,272)		(9,534)		(2,376)
Net income	$	206,828	$	107,902	$	497,796	$	563,928