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Other Comprehensive Income (Tables)
 3 Months Ended
Apr. 01, 2023
Equity [Abstract]  
Schedule of Comprehensive Income (Loss)
The components of other comprehensive income/(loss) and the related tax impacts for the three months ended April 1, 2023 and April 2, 2022 are as follows (in thousands):

Three Months Ended
Before-TaxTax (Expense)Net-of-Tax
Amountor BenefitAmount
April 1, 2023April 2, 2022April 1, 2023April 2, 2022April 1, 2023April 2, 2022
Defined benefit pension plans
Amortization of prior service (cost)/benefit
— 5 — (1)— 4 
Amortization of actuarial loss434 570 (107)(145)327 425 
Total defined benefit pension plans434 575 (107)(146)327 429 
Soybean meal option derivatives
Reclassified to earnings(338)(441)86 112 (252)(329)
Activity recognized in other comprehensive income/(loss)76 120 (19)(31)57 89 
Total soybean meal option derivatives(262)(321)67 81 (195)(240)
Corn option derivatives
Reclassified to earnings(884)4,107 225 (1,043)(659)3,064 
Activity recognized in other comprehensive income/(loss)1,030 (10,885)(262)2,765 768 (8,120)
Total corn option derivatives146 (6,778)(37)1,722 109 (5,056)
Heating oil derivatives
Activity recognized in other comprehensive income/(loss)28,432 (22,470)(7,222)5,708 21,210 (16,762)
Total heating oil derivatives28,432 (22,470)(7,222)5,708 21,210 (16,762)
Interest swap derivatives
Reclassified to earnings1,856 — (471)— 1,385 — 
Activity recognized in other comprehensive income/(loss)(891)— 226 — (665)— 
Total interest swap derivatives965 — (245)— 720 — 
Foreign exchange derivatives
Reclassified to earnings(4,814)(1,071)1,637 360 (3,177)(711)
Activity recognized in other comprehensive income/(loss)13,329 45,422 (4,532)(15,276)8,797 30,146 
Total foreign exchange derivatives8,515 44,351 (2,895)(14,916)5,620 29,435 
Foreign currency translation56,859 2,661 (642)721 56,217 3,382 
Other comprehensive income/(loss)$95,089 $18,018 $(11,081)$(6,830)$84,008 $11,188 
Reclassification out of Accumulated Other Comprehensive Income (Loss)
The following table presents the amounts reclassified out of each component of other comprehensive income/(loss), net of tax for the three months ended April 1, 2023 and April 2, 2022 as follows (in thousands):

Three Months Ended
April 1, 2023April 2, 2022Statement of Operations Classification
Derivative instruments
Soybean meal derivatives$338 $441 Net sales
Foreign exchange contracts4,814 1,071 Net sales
Corn option derivatives884 (4,107)Cost of sales and operating expenses
Interest swaps(1,856)— Foreign currency Gain/(loss)
4,180 (2,595)Total before tax
(1,477)571 Income taxes
2,703 (2,024)Net of tax
Defined benefit pension plans
Amortization of prior service cost
$— $(5)(a)
Amortization of actuarial loss
(434)(570)(a)
(434)(575)Total before tax
107 146 Income taxes
(327)(429)Net of tax
Total reclassifications$2,376 $(2,453)Net of tax

(a)These items are included in the computation of net periodic pension cost. See Note 14 (Employee Benefit Plans) to the Company's Consolidated Financial Statement included herein for additional information.
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents changes in each component of accumulated other comprehensive income/(loss) as of April 1, 2023 as follows (in thousands):
Three Months Ended April 1, 2023
ForeignDefined
CurrencyDerivativeBenefit
TranslationInstrumentsPension PlansTotal
Accumulated Other Comprehensive loss December 31, 2022, attributable to Darling, net of tax$(374,368)$7,176 $(16,682)$(383,874)
Other comprehensive loss before reclassifications56,217 30,167 — 86,384 
Amounts reclassified from accumulated other comprehensive loss
— (2,703)327 (2,376)
Net current-period other comprehensive income56,217 27,464 327 84,008 
Noncontrolling interest
(658)— — (658)
Accumulated Other Comprehensive loss April 1, 2023, attributable to Darling, net of tax$(317,493)$34,640 $(16,355)$(299,208)