Goodwill (Tables)

12 Months Ended

Dec. 30, 2023

GOODWILL [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill (in thousands):

	Feed Ingredients		Food Ingredients		Fuel Ingredients		Total
Balance at January 1, 2022
Goodwill	$	814,863	$	332,866	$	119,342	$	1,267,071
Accumulated impairment losses	(15,914)		(461)		(31,580)		(47,955)
	798,949		332,405		87,762		1,219,116
Goodwill acquired during year	767,382		399		30,355		798,136
Goodwill impairment during year	—		(2,709)		—		(2,709)
Foreign currency translation	(25,390)		(12,458)		(6,318)		(44,166)
Balance at December 31, 2022
Goodwill	1,556,855		320,807		143,379		2,021,041
Accumulated impairment losses	(15,914)		(3,170)		(31,580)		(50,664)
	1,540,941		317,637		111,799		1,970,377
Goodwill acquired during year	3,247		626,202		—		629,449
Measurement period adjustments	(21,270)		(74,484)		(66)		(95,820)
Out-of-period correction (1)	(85,144)		—		—		(85,144)
Foreign currency translation	33,548		28,182		3,910		65,640
Balance at December 30, 2023
Goodwill	1,487,236		900,707		147,223		2,535,166
Accumulated impairment losses	(15,914)		(3,170)		(31,580)		(50,664)
	$	1,471,322	$	897,537	$	115,643	$	2,484,502

(1)    As disclosed in Note 1 (16), the immaterial out-of-period correction made during the quarter ended July 1, 2023 resulted in a reduction of goodwill recorded associated with the FASA Acquisition of approximately $85.1 million, which is included in the Feed Ingredients segment.