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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 75,973 $ 126,502
Restricted cash 37,579 292
Inventories 576,837 758,739
Prepaid expenses 81,286 105,657
Income taxes refundable 35,063 23,599
Other current assets 42,114 42,586
Total current assets 1,439,436 1,855,666
Property, plant and equipment, net 2,713,669 2,935,185
Intangible assets, net 898,412 1,075,892
Goodwill 2,322,593 2,484,502
Investment in unconsolidated subsidiaries 2,263,709 2,251,629
Operating right-of-use assets, net 210,692 205,539
Other assets 199,594 234,960
Deferred income taxes 22,368 17,711
Total assets 10,070,473 11,061,084
Current liabilities:    
Current portion of long-term debt 133,020 60,703
Accounts payable, principally trade 348,705 425,588
Income taxes payable 9,723 15,522
Operating lease liability, current 62,761 55,325
Accrued expenses 489,295 440,999
Total current liabilities 1,043,504 998,137
Long-term debt, net of current portion 3,908,978 4,366,370
Operating lease liability, non-current 152,327 154,903
Other noncurrent liabilities 208,350 349,809
Deferred income taxes 293,022 498,174
Total liabilities 5,606,181 6,367,393
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value; 250,000,000 shares authorized, 174,965,834 and 174,427,981 shares issued at December 28, 2024 and December 30, 2023, respectively 1,750 1,744
Additional paid-in capital 1,720,877 1,697,787
Treasury stock, at cost; 16,068,364 and 14,894,192 shares at December 28, 2024 and December 30, 2023, respectively (672,710) (629,008)
Accumulated other comprehensive loss (684,241) (198,346)
Retained earnings 4,012,134 3,733,254
Total Darling's stockholders’ equity 4,377,810 4,605,431
Noncontrolling interests 86,482 88,260
Total stockholders’ equity 4,464,292 4,693,691
Total liabilities and stockholders' equity 10,070,473 11,061,084
Nonrelated Party    
Current assets:    
Accounts receivable 581,108 626,008
Related Party    
Current assets:    
Accounts receivable $ 9,476 $ 172,283