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Business Segments
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Business Segments Business Segments
The Company sells its products domestically and internationally, operating within three industry segments: Feed Ingredients, Food Ingredients and Fuel Ingredients. The measure of segment income/(loss) includes all revenues, operating expenses (excluding certain amortization of intangibles), and selling, general and administrative expenses incurred at all operating locations and excludes corporate activities.

Included in corporate activities are general corporate expenses and the amortization of certain intangibles. Assets of corporate activities include cash, unallocated prepaid expenses, deferred tax assets, prepaid pension, and miscellaneous other assets.

Feed Ingredients
Feed Ingredients consists principally of (i) the Company's U.S. ingredients business, including the Company's fats and proteins, used cooking oil, trap grease, Darling Canada, and the ingredients and specialty products businesses conducted by Darling Ingredients International under the Sonac and FASA names (proteins, fats, and blood products) and (ii) the Company's bakery residuals business. Feed Ingredients operations process animal by-products and used cooking oil into fats, proteins and hides.


Food Ingredients
Food Ingredients consists principally of (i) the collagen business conducted by Darling Ingredients International under the Rousselot and Gelnex names, (ii) the natural casings and meat-by-products business conducted by Darling Ingredients International under the CTH name and (iii) certain specialty products businesses conducted by Darling Ingredients International under the Sonac name.


Fuel Ingredients
The Company's Fuel Ingredients segment consists of (i) the Company's investment in the DGD Joint Venture and (ii) the bioenergy business conducted by Darling Ingredients International under the Ecoson and Rendac names.

Business Segments (in thousands):
Feed IngredientsFood IngredientsFuel IngredientsCorporateTotal
Three Months Ended September 30, 2023
Net Sales$1,047,796 $455,744 $121,664 $— $1,625,204 
Cost of sales and operating expenses804,312 338,208 96,213 — 1,238,733 
Gross Margin243,484 117,536 25,451 — 386,471 
Loss/(gain) on sale of assets833 117 (21)— 929 
Selling, general and administrative expenses80,985 31,463 5,666 19,583 137,697 
Acquisition and integration costs— — — 3,430 3,430 
Change in fair value of contingent consideration(5,559)— — — (5,559)
Depreciation and amortization88,954 25,418 9,026 2,596 125,994 
Equity in net income of Diamond Green Diesel
— — 54,389 — 54,389 
Segment operating income/(loss)78,271 60,538 65,169 (25,609)178,369 
Equity in net income of other unconsolidated subsidiaries
1,534 — — — 1,534 
Segment income/(loss)79,805 60,538 65,169 (25,609)179,903 
Total other expense(67,186)
Income before income taxes$112,717 


Feed IngredientsFood IngredientsFuel IngredientsCorporateTotal
Three Months Ended October 1, 2022
Net Sales$1,273,142 $347,902 $126,555 $— $1,747,599 
Cost of sales and operating expenses1,012,899 256,557 101,781 — 1,371,237 
Gross Margin260,243 91,345 24,774 — 376,362 
Gain on sale of assets(2,290)(809)(17)— (3,116)
Selling, general and administrative expenses63,973 23,909 1,724 15,474 105,080 
Acquisition and integration costs— — — 4,503 4,503 
Depreciation and amortization80,679 14,408 7,284 2,607 104,978 
Equity in net income of Diamond Green Diesel
— — 103,414 — 103,414 
Segment operating income/(loss)117,881 53,837 119,197 (22,584)268,331 
Equity in net income of other unconsolidated subsidiaries2,301 — — — 2,301 
Segment income/(loss)120,182 53,837 119,197 (22,584)270,632 
Total other expense(43,116)
Income before income taxes$227,516 
Feed IngredientsFood IngredientsFuel IngredientsCorporateTotal
Nine Months Ended September 30, 2023
Net Sales$3,426,950 $1,328,229 $418,818 $— $5,173,997 
Cost of sales and operating expenses2,630,797 999,418 335,193 — 3,965,408 
Gross Margin796,153 328,811 83,625 — 1,208,589 
Loss/(gain) on sale of assets813 99 (51)— 861 
Selling, general and administrative expenses233,082 98,269 16,829 61,734 409,914 
Restructuring and asset impairment charges92 5,328 — — 5,420 
Acquisition and integration costs— — — 12,158 12,158 
Change in fair value of contingent consideration(13,058)— — — (13,058)
Depreciation and amortization261,849 68,336 25,986 7,915 364,086 
Equity in net income of Diamond Green Diesel
— — 361,690 — 361,690 
Segment operating income/(loss)313,375 156,779 402,551 (81,807)790,898 
Equity in net income of other unconsolidated subsidiaries
3,503 — — — 3,503 
Segment income/(loss)316,878 156,779 402,551 (81,807)794,401 
Total other expense(168,946)
Income before income taxes$625,455 
Segment assets at September 30, 2023$4,690,902 $2,617,325 $2,491,075 $1,011,035 $10,810,337 


Feed IngredientsFood IngredientsFuel IngredientsCorporateTotal
Nine Months Ended October 1, 2022
Net Sales$3,322,927 $1,071,897 $369,297 $— $4,764,121 
Cost of sales and operating expenses2,522,728 807,833 292,760 — 3,623,321 
Gross Margin800,199 264,064 76,537 — 1,140,800 
Gain on sale of assets(3,595)(891)(74)— (4,560)
Selling, general and administrative expenses185,045 73,608 9,921 46,314 314,888 
Restructuring and asset impairment charges8,557 — — — 8,557 
Acquisition and integration costs— — — 13,634 13,634 
Depreciation and amortization203,967 44,307 20,894 8,169 277,337 
Equity in net income of Diamond Green Diesel
— — 248,898 — 248,898 
Segment operating income/(loss)406,225 147,040 294,694 (68,117)779,842 
Equity in net income of other unconsolidated subsidiaries5,933 — — — 5,933 
Segment income/(loss)412,158 147,040 294,694 (68,117)785,775 
Total other expense(89,283)
Income before income taxes$696,492 
Segment assets at December 31, 2022$4,866,351 $1,251,473 $2,307,199 $777,347 $9,202,370