Summary of Significant Accounting Policies (Tables)

3 Months Ended

9 Months Ended

Sep. 28, 2024

Sep. 28, 2024

Accounting Policies [Abstract]

Restrictions on Cash and Cash Equivalents

A reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash flows is as follows (in thousands):

	September 28, 2024		December 30, 2023
Cash and cash equivalents	$	114,778	$	126,502
Restricted cash	39,387		292
Restricted cash included in other long-term assets	106,775		137,656
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	260,940	$	264,450

Net Income per Common Share

Basic income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares including non-vested and restricted shares outstanding during the period.  Diluted income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares outstanding during the period increased by dilutive common equivalent shares determined using the treasury stock method.

	Net Income per Common Share (in thousands, except per share data)
	Three Months Ended
			September 28, 2024					September 30, 2023
	Income		Shares	Per Share		Income		Shares	Per Share
Basic:
Net Income attributable to Darling	$	16,949	159,200	$	0.11	$	125,026	159,727	$	0.78
Diluted:
Effect of dilutive securities:
Add: Option shares in the money and dilutive effect of non-vested stock awards			2,875					3,409
Less: Pro forma treasury shares			(1,084)					(711)
Diluted:
Net income attributable to Darling	$	16,949	160,991	$	0.11	$	125,026	162,425	$	0.77

	Net Income per Common Share (in thousands, except per share data)
	Nine Months Ended
			September 28, 2024					September 30, 2023
	Income		Shares	Per Share		Income		Shares	Per Share
Basic:
Net Income attributable to Darling	$	176,972	159,609	$	1.11	$	563,210	159,894	$	3.52
Diluted:
Effect of dilutive securities:
Add: Option shares in the money and dilutive effect of non-vested stock awards			2,937					3,378
Less: Pro forma treasury shares			(1,012)					(735)
Diluted:
Net income attributable to Darling	$	176,972	161,534	$	1.10	$	563,210	162,537	$	3.47