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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net income/(loss) $ (9,549) $ 162,953
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Depreciation and amortization 244,897 252,114
Loss/(gain) on sale of assets 1,014 (352)
Change in fair value of contingent consideration 18,024 (58,371)
Gain on insurance proceeds from insurance settlements 0 (5,942)
Deferred taxes (28,225) (84,927)
Increase in long-term pension liability 5,633 1,045
Stock-based compensation expense 1,652 23,590
Loss on early retirement of debt 2,978 0
Deferred loan cost amortization 2,886 2,790
Equity in net loss/(income) of Diamond Green Diesel and other unconsolidated subsidiaries 19,369 (127,943)
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries 131,131 0
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable 7,147 212,664
Income taxes refundable/payable 16,312 (12,629)
Inventories and prepaid expenses 14,893 123,271
Accounts payable and accrued expenses (32,765) (37,879)
Other (630) (39,958)
Net cash provided by operating activities 394,767 410,426
Cash flows from investing activities:    
Capital expenditures (133,943) (191,728)
Acquisitions, net of cash acquired 0 (116,914)
Investment in Diamond Green Diesel (40,150) (90,000)
Loan to Diamond Green Diesel 0 (100,000)
Loan repayment from Diamond Green Diesel 0 100,000
Gross proceeds from disposal of property, plant and equipment and other assets 4,555 5,058
Proceeds from insurance settlement 10,173 5,942
Payments related to routes and other intangibles (7) (7)
Net cash used in investing activities (159,372) (387,649)
Cash flows from financing activities:    
Proceeds from long-term debt 1,081,421 3,925
Payments on long-term debt (1,572,999) (29,875)
Borrowings from revolving credit facility 868,809 1,121,915
Payments on revolving credit facility (486,207) (1,122,883)
Net cash overdraft financing (24,840) 32,713
Acquisition hold-back payments (26,927) 0
Deferred loan costs (14,053) 0
Issuance of common stock 413 437
Repurchase of common stock (34,668) (29,192)
Minimum withholding taxes paid on stock awards (6,715) (7,209)
Distributions to noncontrolling interests 0 (2,044)
Net cash used in financing activities (215,766) (32,213)
Effect of exchange rate changes on cash (18,227) 10,578
Net increase in cash, cash equivalents and restricted cash 1,402 1,142
Cash, cash equivalents and restricted cash at beginning of period 217,307 264,450
Cash, cash equivalents and restricted cash at end of period $ 218,709 $ 265,592