Investment in Unconsolidated Subsidiary (Tables)

12 Months Ended

Dec. 30, 2023

Investment in Affiliate [Abstract]

Equity Method Investments

Selected financial information for the Company’s DGD Joint Venture is as follows:

(in thousands)	December 31, 2023		December 31, 2022
Assets:
Total current assets	$	1,877,430	$	1,304,805
Property, plant and equipment, net	3,838,800		3,866,854
Other assets	89,697		61,665
Total assets	$	5,805,927	$	5,233,324
Liabilities and members' equity:
Total current portion of long term debt	$	278,639	$	217,066
Total other current liabilities	417,918		515,023
Total long term debt	737,097		774,783
Total other long term liabilities	16,996		17,249
Total members' equity	4,355,277		3,709,203
Total liabilities and member's equity	$	5,805,927	$	5,233,324

	Year Ended December 31,
(in thousands)	2023		2022		2021
Revenues:
Operating revenues	$	6,990,622	$	5,501,166	$	2,342,332
Expenses:
Total costs and expenses less lower of cost or market inventory valuation adjustment and depreciation, amortization and accretion expense	5,925,778		4,614,192		1,575,494
Lower of cost or market (LCM) inventory valuation adjustment	60,871		—		—
Depreciation, amortization and accretion expense	230,921		125,656		58,326
Operating income	773,052		761,318		708,512
Other income	10,317		3,170		678
Interest and debt expense, net	(49,857)		(19,796)		(5,936)
Income before income tax expense	$	733,512	$	744,692	$	703,254
Income tax expense	752		—		—
Net income	$	732,760	$	744,692	$	703,254