Disaggregation of Revenue |
The following tables present the Company revenues disaggregated by geographic area and major product types by reportable segment for the three and six months ended June 28, 2025 and June 29, 2024 (in thousands):
| | | | | | | | | | | | | | | | Three Months Ended June 28, 2025 | | Feed Ingredients | Food Ingredients | Fuel Ingredients | Total | Geographic Area | | | | | North America | $ | 708,823 | | $ | 111,049 | | $ | — | | $ | 819,872 | | Europe | 103,686 | | 184,750 | | 158,844 | | 447,280 | | China | 7,319 | | 53,825 | | — | | 61,144 | | South America | 113,049 | | 26,100 | | — | | 139,149 | | Other | 3,655 | | 10,418 | | — | | 14,073 | | Total net sales | $ | 936,532 | | $ | 386,142 | | $ | 158,844 | | $ | 1,481,518 | | | | | | | Major product types | | | | | Fats | $ | 389,991 | | $ | 44,681 | | $ | — | | $ | 434,672 | | Used cooking oil | 85,260 | | — | | — | | 85,260 | | Proteins | 326,983 | | — | | — | | 326,983 | | Bakery | 51,552 | | — | | — | | 51,552 | | Other rendering | 70,801 | | — | | — | | 70,801 | | Food ingredients | — | | 311,348 | | — | | 311,348 | | Bioenergy | — | | — | | 158,844 | | 158,844 | | | | | | | Other | 11,945 | | 30,113 | | — | | 42,058 | | Total net sales | $ | 936,532 | | $ | 386,142 | | $ | 158,844 | | $ | 1,481,518 | |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 28, 2025 | | Feed Ingredients | Food Ingredients | Fuel Ingredients | Total | Geographic Area | | | | | North America | $ | 1,397,526 | | $ | 209,010 | | $ | — | | $ | 1,606,536 | | Europe | 208,738 | | 352,797 | | 293,915 | | 855,450 | | China | 10,984 | | 104,195 | | — | | 115,179 | | South America | 208,373 | | 47,737 | | — | | 256,110 | | Other | 7,194 | | 21,643 | | — | | 28,837 | | Total net sales | $ | 1,832,815 | | $ | 735,382 | | $ | 293,915 | | $ | 2,862,112 | | | | | | | Major product types | | | | | Fats | $ | 731,515 | | $ | 89,050 | | $ | — | | $ | 820,565 | | Used cooking oil | 164,200 | | — | | — | | 164,200 | | Proteins | 678,200 | | — | | — | | 678,200 | | Bakery | 102,200 | | — | | — | | 102,200 | | Other rendering | 133,000 | | — | | — | | 133,000 | | Food ingredients | — | | 589,930 | | — | | 589,930 | | Bioenergy | — | | — | | 293,915 | | 293,915 | | | | | | | Other | 23,700 | | 56,402 | | — | | 80,102 | | Total net sales | $ | 1,832,815 | | $ | 735,382 | | $ | 293,915 | | $ | 2,862,112 | |
| | | | | | | | | | | | | | | | Three Months Ended June 29, 2024 | | Feed Ingredients | Food Ingredients | Fuel Ingredients | Total | Geographic Area | | | | | North America | $ | 719,783 | | $ | 100,562 | | $ | — | | $ | 820,345 | | Europe | 107,777 | | 166,102 | | 142,304 | | 416,183 | | China | 8,058 | | 61,927 | | — | | 69,985 | | South America | 94,908 | | 37,173 | | — | | 132,081 | | Other | 3,621 | | 13,077 | | — | | 16,698 | | Total net sales | $ | 934,147 | | $ | 378,841 | | $ | 142,304 | | $ | 1,455,292 | | | | | | | Major product types | | | | | Fats | $ | 314,675 | | $ | 38,074 | | $ | — | | $ | 352,749 | | Used cooking oil | 96,126 | | — | | — | | 96,126 | | Proteins | 382,556 | | — | | — | | 382,556 | | Bakery | 48,504 | | — | | — | | 48,504 | | Other rendering | 79,541 | | — | | — | | 79,541 | | Food ingredients | — | | 315,317 | | — | | 315,317 | | Bioenergy | — | | — | | 142,304 | | 142,304 | | | | | | | Other | 12,745 | | 25,450 | | — | | 38,195 | | Total net sales | $ | 934,147 | | $ | 378,841 | | $ | 142,304 | | $ | 1,455,292 | |
| | | | | | | | | | | | | | | | | | | | | Six Months Ended June 29, 2024 | | Feed Ingredients | Food Ingredients | Fuel Ingredients | Total | Geographic Area | | | | | North America | $ | 1,411,629 | | $ | 207,626 | | $ | — | | $ | 1,619,255 | | Europe | 208,570 | | 335,555 | | 281,473 | | 825,598 | | China | 12,836 | | 123,396 | | — | | 136,232 | | South America | 183,753 | | 77,446 | | — | | 261,199 | | Other | 7,207 | | 26,100 | | — | | 33,307 | | Total net sales | $ | 1,823,995 | | $ | 770,123 | | $ | 281,473 | | $ | 2,875,591 | | | | | | | Major product types | | | | | Fats | $ | 625,922 | | $ | 76,364 | | $ | — | | $ | 702,286 | | Used cooking oil | 171,926 | | — | | — | | 171,926 | | Proteins | 750,156 | | — | | — | | 750,156 | | Bakery | 93,404 | | — | | — | | 93,404 | | Other rendering | 156,242 | | — | | — | | 156,242 | | Food ingredients | — | | 646,348 | | — | | 646,348 | | Bioenergy | — | | — | | 281,473 | | 281,473 | | | | | | | Other | 26,345 | | 47,411 | | — | | 73,756 | | Total net sales | $ | 1,823,995 | | $ | 770,123 | | $ | 281,473 | | $ | 2,875,591 | | | | | | |
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