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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 145,473 $ 126,502
Restricted cash 4,086 292
Inventories 687,485 758,739
Prepaid expenses 97,619 105,657
Income taxes refundable 32,464 23,599
Other current assets 28,247 42,586
Total current assets 1,619,310 1,855,666
Property, plant and equipment, less accumulated depreciation of $2,431,378 at March 30, 2024 and $2,360,342 at December 30, 2023 2,910,335 2,935,185
Intangible assets, less accumulated amortization of $523,801 at March 30, 2024 and $748,646 at December 30, 2023 1,057,123 1,075,892
Goodwill 2,498,457 2,484,502
Investment in unconsolidated subsidiaries 2,378,531 2,251,629
Operating lease right-of-use assets 215,880 205,539
Other assets 246,561 234,960
Deferred income taxes 16,572 17,711
Total assets 10,942,769 11,061,084
Current liabilities:    
Current portion of long-term debt 103,075 60,703
Accounts payable, principally trade 343,388 425,588
Income taxes payable 11,657 15,522
Current operating lease liabilities 59,480 55,325
Accrued expenses 449,694 440,999
Total current liabilities 967,294 998,137
Long-term debt, net of current portion 4,362,856 4,366,370
Long-term operating lease liabilities 161,296 154,903
Other non-current liabilities 303,927 349,809
Deferred income taxes 464,406 498,174
Total liabilities 6,259,779 6,367,393
Commitments and contingencies
Stockholders’ equity:    
     Common stock, $0.01 par value; 250,000,000 shares authorized; 174,853,704 and 174,427,981 shares issued at March 30, 2024 and December 30, 2023, respectively 1,749 1,744
Additional paid-in capital 1,712,349 1,697,787
     Treasury stock, at cost; 15,074,147 and 14,894,192 shares at        March 30, 2024 and December 30, 2023, respectively (636,916) (629,008)
Accumulated other comprehensive loss (298,464) (198,346)
Retained earnings 3,814,411 3,733,254
Total Darling's stockholders’ equity 4,593,129 4,605,431
Noncontrolling interests 89,861 88,260
Total stockholders' equity 4,682,990 4,693,691
Total liabilities and stockholders' equity 10,942,769 11,061,084
Nonrelated Party    
Current assets:    
Accounts receivable 623,936 626,008
Related Party    
Current assets:    
Accounts receivable $ 0 $ 172,283