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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Net sales $ 1,481,518 $ 1,455,292 $ 2,862,112 $ 2,875,591
Costs and expenses:        
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 1,135,601 1,128,421 2,204,844 2,245,087
Loss/(gain) on sale of assets 952 222 1,014 (352)
Selling, general and administrative expenses 138,069 129,731 259,625 268,874
Acquisition and integration costs 3,383 1,130 4,917 5,184
Change in fair value of contingent consideration 12,583 (33,122) 18,024 (58,371)
Depreciation and amortization 121,062 124,605 244,897 252,114
Total costs and expenses 1,411,650 1,350,987 2,733,321 2,712,536
Equity in net income/(loss) of Diamond Green Diesel 6,000 44,197 (24,523) 122,616
Operating income 75,868 148,502 104,268 285,671
Other expense:        
Interest expense (51,873) (69,225) (109,840) (132,101)
Loss on early retirement of debt (2,978) 0 (2,978) 0
Foreign currency gain/(loss) 1,313 413 (49) 649
Other income/(expense), net (6,526) (568) (3,193) 8,088
Total other expense (60,064) (69,380) (116,060) (123,364)
Equity in net income of other unconsolidated subsidiaries 2,526 3,017 5,154 5,327
Income/(loss) before income taxes 18,330 82,139 (6,638) 167,634
Income tax expense 4,065 774 2,911 4,681
Net income/(loss) 14,265 81,365 (9,549) 162,953
Net income attributable to noncontrolling interests (1,604) (2,499) (3,950) (2,930)
Net income/(loss) attributable to Darling $ 12,661 $ 78,866 $ (13,499) $ 160,023
Basic income per share (in dollars per share) $ 0.08 $ 0.49 $ (0.09) $ 1.00
Diluted income per share (in dollars per share) $ 0.08 $ 0.49 $ (0.09) $ 0.99
Nonrelated Party        
Net sales $ 1,189,988 $ 1,220,755 $ 2,352,630 $ 2,394,317
Related Party        
Net sales $ 291,530 $ 234,537 $ 509,482 $ 481,274