Investment in Unconsolidated Subsidiary (Tables)

3 Months Ended

Apr. 01, 2023

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, 2023		December 31, 2022
Assets:
Total current assets	$	1,485,372	$	1,304,805
Property, plant and equipment, net	3,840,139		3,866,854
Other assets	80,310		61,665
Total assets	$	5,405,821	$	5,233,324
Liabilities and members' equity:
Total current portion of long term debt	$	217,282	$	217,066
Total other current liabilities	298,893		515,023
Total long term debt	767,802		774,783
Total other long term liabilities	17,103		17,249
Total members' equity	4,104,741		3,709,203
Total liabilities and members' equity	$	5,405,821	$	5,233,324

	Three Months Ended
(in thousands)	March 31, 2023		March 31, 2022
Revenues:
Operating revenues	$	1,680,050	$	980,692
Expenses:
Total costs and expenses less depreciation, amortization and accretion expense	1,421,404		807,572
Depreciation, amortization and accretion expense	58,607		26,492
Total costs and expenses	1,480,011		834,064
Operating income	200,039		146,628
Other income/(expense)	2,041		(11)
Interest and debt expense, net	(13,406)		(3,009)
Net income	$	188,674	$	143,608