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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 121,587 $ 126,502
Restricted cash 26,290 292
Inventories 627,692 758,739
Prepaid expenses 88,702 105,657
Income taxes refundable 34,225 23,599
Other current assets 31,936 42,586
Total current assets 1,507,517 1,855,666
Property, plant and equipment, less accumulated depreciation of $2,467,853 at June 29, 2024 and $2,360,342 at December 30, 2023 2,840,682 2,935,185
Intangible assets, less accumulated amortization of $538,205 at June 29, 2024 and $748,646 at December 30, 2023 992,530 1,075,892
Goodwill 2,418,274 2,484,502
Investment in unconsolidated subsidiaries 2,415,502 2,251,629
Operating lease right-of-use assets 210,144 205,539
Other assets 218,810 234,960
Deferred income taxes 17,190 17,711
Total assets 10,620,649 11,061,084
Current liabilities:    
Current portion of long-term debt 92,258 60,703
Accounts payable, principally trade 349,522 425,588
Income taxes payable 13,298 15,522
Current operating lease liabilities 57,794 55,325
Accrued expenses 450,185 440,999
Total current liabilities 963,057 998,137
Long-term debt, net of current portion 4,317,129 4,366,370
Long-term operating lease liabilities 156,451 154,903
Other non-current liabilities 240,416 349,809
Deferred income taxes 400,983 498,174
Total liabilities 6,078,036 6,367,393
Commitments and contingencies
Stockholders’ equity:    
     Common stock, $0.01 par value; 250,000,000 shares authorized; 174,871,971 and 174,427,981 shares issued at June 29, 2024 and December 30, 2023, respectively 1,749 1,744
Additional paid-in capital 1,723,140 1,697,787
     Treasury stock, at cost; 15,888,545 and 14,894,192 shares at        June 29, 2024 and December 30, 2023, respectively (666,545) (629,008)
Accumulated other comprehensive loss (490,672) (198,346)
Retained earnings 3,893,277 3,733,254
Total Darling's stockholders’ equity 4,460,949 4,605,431
Noncontrolling interests 81,664 88,260
Total stockholders' equity 4,542,613 4,693,691
Total liabilities and stockholders' equity 10,620,649 11,061,084
Nonrelated Party    
Current assets:    
Accounts receivable 567,754 626,008
Related Party    
Current assets:    
Accounts receivable $ 9,331 $ 172,283