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Business Segments
 3 Months Ended
Mar. 30, 2024
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 March 30, 2024
Net Sales$889,848 $391,282 $139,169 $— $1,420,299 
Cost of sales and operating expenses705,769 298,145 112,752 — 1,116,666 
Gross Margin184,079 93,137 26,417 — 303,633 
Loss/(gain) on sale of assets132 (294)(412)— (574)
Selling, general and administrative expenses77,138 31,744 8,745 21,516 139,143 
Acquisition and integration costs— — — 4,054 4,054 
Change in fair value of contingent consideration(25,249)— — — (25,249)
Depreciation and amortization87,569 28,868 8,667 2,405 127,509 
Equity in net income of Diamond Green Diesel
— — 78,419 — 78,419 
Segment operating income/(loss)44,489 32,819 87,836 (27,975)137,169 
Equity in net income of other unconsolidated subsidiaries
2,310 — — — 2,310 
Segment income/(loss)46,799 32,819 87,836 (27,975)139,479 
Total other expense(53,984)
Income before income taxes$85,495 
Segment assets at March 30, 2024$4,552,622 $2,490,351 $2,679,811 $1,219,985 $10,942,769 
Feed IngredientsFood IngredientsFuel IngredientsCorporateTotal
Three Months Ended April 1, 2023
Net Sales$1,237,494 $396,392 $157,286 $— $1,791,172 
Cost of sales and operating expenses950,072 290,115 126,786 — 1,366,973 
Gross Margin287,422 106,277 30,500 — 424,199 
Loss/(gain) on sale of assets(342)(21)36 — (327)
Selling, general and administrative expenses74,691 33,122 6,192 21,461 135,466 
Restructuring and asset impairment charges92 4,432 — — 4,524 
Acquisition and integration costs— — — 7,022 7,022 
Depreciation and amortization90,320 14,473 8,393 2,820 116,006 
Equity in net income of Diamond Green Diesel
— — 94,337 — 94,337 
Segment operating income/(loss)122,661 54,271 110,216 (31,303)255,845 
Equity in net income of other unconsolidated subsidiaries120 — — — 120 
Segment income/(loss)122,781 54,271 110,216 (31,303)255,965 
Total other expense(39,136)
Income before income taxes$216,829 
Segment assets at December 30, 2023$4,702,593 $2,646,702 $2,589,145 $1,122,644 $11,061,084