v3.25.2
Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales $ 1,481,518 $ 1,455,292 $ 2,862,112 $ 2,875,591
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
Gross margin 345,917 326,871 657,268 630,504
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
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
Equity in net income of other unconsolidated subsidiaries 2,526 3,017 5,154 5,327
Segment income/(loss) 78,394 151,519 109,422 290,998
Total other expense (b) (60,064) (69,380) (116,060) (123,364)
Income/(loss) before income taxes 18,330 82,139 (6,638) 167,634
Investment Income, Interest 3,000 1,800 10,600 8,400
Casualty Gain (Loss) (900) 100 (1,500) 7,900
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component (6,200) (400) (6,700) (900)
Other Nonoperating Income (Expense), Miscellaneous (2,400) (2,000) (5,600) (7,300)
Corporate        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales 0 0 0 0
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 0 0 0 0
Gross margin 0 0 0 0
Loss/(gain) on sale of assets 0 0 0 0
Selling, general and administrative expenses 17,591 18,463 27,563 39,979
Acquisition and integration costs 3,383 1,130 4,917 5,184
Change in fair value of contingent consideration 0 0 0 0
Depreciation and amortization 1,489 2,066 3,043 4,471
Equity in net income/(loss) of Diamond Green Diesel 0 0 0 0
Operating income (22,463) (21,659) (35,523) (49,634)
Equity in net income of other unconsolidated subsidiaries 0 0 0 0
Segment income/(loss) (22,463) (21,659) (35,523) (49,634)
Feed Ingredients        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales 936,532 934,147 1,832,815 1,823,995
Feed Ingredients | Operating Segments        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales 936,532 934,147 1,832,815 1,823,995
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 722,081 737,871 1,436,096 1,443,640
Gross margin 214,451 196,276 396,719 380,355
Loss/(gain) on sale of assets 1,085 205 1,200 337
Selling, general and administrative expenses 77,464 74,015 149,035 151,153
Acquisition and integration costs 0 0 0 0
Change in fair value of contingent consideration 12,583 (33,122) 18,024 (58,371)
Depreciation and amortization 83,419 86,444 167,549 174,013
Equity in net income/(loss) of Diamond Green Diesel 0 0 0 0
Operating income 39,900 68,734 60,911 113,223
Equity in net income of other unconsolidated subsidiaries 2,526 3,017 5,154 5,327
Segment income/(loss) 42,426 71,751 66,065 118,550
Food Ingredients        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales 386,142 378,841 735,382 770,123
Food Ingredients | Operating Segments        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales 386,142 378,841 735,382 770,123
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 282,233 276,760 529,014 574,905
Gross margin 103,909 102,081 206,368 195,218
Loss/(gain) on sale of assets (24) 37 31 (257)
Selling, general and administrative expenses 33,987 28,844 65,459 60,588
Acquisition and integration costs 0 0 0 0
Change in fair value of contingent consideration 0 0 0 0
Depreciation and amortization 27,391 27,372 56,953 56,240
Equity in net income/(loss) of Diamond Green Diesel 0 0 0 0
Operating income 42,555 45,828 83,925 78,647
Equity in net income of other unconsolidated subsidiaries 0 0 0 0
Segment income/(loss) 42,555 45,828 83,925 78,647
Fuel Ingredients        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales 158,844 142,304 293,915 281,473
Fuel Ingredients | Operating Segments        
Segment Reporting, Revenue Reconciling Item [Line Items]        
Net sales 158,844 142,304 293,915 281,473
Cost of sales and operating expenses (excludes depreciation and amortization, shown separately below) 131,287 113,790 239,734 226,542
Gross margin 27,557 28,514 54,181 54,931
Loss/(gain) on sale of assets (109) (20) (217) (432)
Selling, general and administrative expenses 9,027 8,409 17,568 17,154
Acquisition and integration costs 0 0 0 0
Change in fair value of contingent consideration 0 0 0 0
Depreciation and amortization 8,763 8,723 17,352 17,390
Equity in net income/(loss) of Diamond Green Diesel 6,000 44,197 (24,523) 122,616
Operating income 15,876 55,599 (5,045) 143,435
Equity in net income of other unconsolidated subsidiaries 0 0 0 0
Segment income/(loss) $ 15,876 $ 55,599 $ (5,045) $ 143,435