v3.25.1
Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales $ 1,380,594 $ 1,420,299
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 1,069,243 1,116,666
Gross margin 311,351 303,633
Loss/(gain) on sale of assets 62 (574)
Selling, general and administrative expenses 121,556 139,143
Acquisition and integration costs 1,534 4,054
Change in fair value of contingent consideration 5,441 (25,249)
Depreciation and amortization 123,835 127,509
Equity in net income/(loss) of Diamond Green Diesel (30,523) 78,419
Operating income 28,400 137,169
Equity in net income of other unconsolidated subsidiaries 2,628 2,310
Segment income/(loss) 31,028 139,479
Total other expense (b) (55,996) (53,984)
Income/(loss) before income taxes (24,968) 85,495
Investment Income, Interest 7,600 6,600
Casualty Gain (Loss) (500) 7,800
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component (400) (400)
Other Nonoperating Income (Expense), Miscellaneous (3,400) (5,300)
Corporate    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales 0 0
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 0 0
Gross margin 0 0
Loss/(gain) on sale of assets 0 0
Selling, general and administrative expenses 9,972 21,516
Acquisition and integration costs 1,534 4,054
Change in fair value of contingent consideration 0 0
Depreciation and amortization 1,554 2,405
Equity in net income/(loss) of Diamond Green Diesel 0 0
Operating income (13,060) (27,975)
Equity in net income of other unconsolidated subsidiaries 0 0
Segment income/(loss) (13,060) (27,975)
Feed Ingredients    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales 896,283 889,848
Feed Ingredients | Operating Segments    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales 896,283 889,848
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 714,015 705,769
Gross margin 182,268 184,079
Loss/(gain) on sale of assets 115 132
Selling, general and administrative expenses 71,571 77,138
Acquisition and integration costs 0 0
Change in fair value of contingent consideration 5,441 (25,249)
Depreciation and amortization 84,130 87,569
Equity in net income/(loss) of Diamond Green Diesel 0 0
Operating income 21,011 44,489
Equity in net income of other unconsolidated subsidiaries 2,628 2,310
Segment income/(loss) 23,639 46,799
Food Ingredients    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales 349,240 391,282
Food Ingredients | Operating Segments    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales 349,240 391,282
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 246,781 298,145
Gross margin 102,459 93,137
Loss/(gain) on sale of assets 55 (294)
Selling, general and administrative expenses 31,472 31,744
Acquisition and integration costs 0 0
Change in fair value of contingent consideration 0 0
Depreciation and amortization 29,562 28,868
Equity in net income/(loss) of Diamond Green Diesel 0 0
Operating income 41,370 32,819
Equity in net income of other unconsolidated subsidiaries 0 0
Segment income/(loss) 41,370 32,819
Fuel Ingredients    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales 135,071 139,169
Fuel Ingredients | Operating Segments    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Net sales 135,071 139,169
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 108,447 112,752
Gross margin 26,624 26,417
Loss/(gain) on sale of assets (108) (412)
Selling, general and administrative expenses 8,541 8,745
Acquisition and integration costs 0 0
Change in fair value of contingent consideration 0 0
Depreciation and amortization 8,589 8,667
Equity in net income/(loss) of Diamond Green Diesel (30,523) 78,419
Operating income (20,921) 87,836
Equity in net income of other unconsolidated subsidiaries 0 0
Segment income/(loss) $ (20,921) $ 87,836