Darling ingredients inc. (DAR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Net sales

852,842

859,428

842,049

827,324

835,104

853,130

812,576

846,646

875,374

952,549

936,262

894,930

878,510

881,090

853,856

877,341

779,641

803,484

853,762

859,315

874,694

1,000,203

978,665

1,031,283

946,292

507,467

425,786

423,593

445,422

496,038

452,732

436,674

387,108

430,866

455,875

470,610

439,898

227,232

168,685

166,210

162,782

159,936

155,298

Costs and expenses:
Cost of sales and operating expenses

646,908

640,533

652,923

644,716

650,913

668,107

647,929

652,239

678,099

745,959

742,511

699,244

687,966

688,158

671,167

677,115

598,893

629,907

671,321

668,276

684,521

794,299

764,161

789,505

775,206

397,122

310,089

309,922

322,686

385,211

327,909

314,138

276,469

314,784

326,882

325,204

301,351

161,786

125,650

123,853

120,410

113,273

113,353

Loss (gain) on disposal of property, plant, equipment and other assets

-61

-263

2,669

13,926

4,250

-

-172

-762

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

96,193

108,954

83,549

81,017

85,003

76,357

67,447

78,558

86,902

89,894

82,153

84,532

86,923

77,417

76,508

76,158

81,469

70,432

75,026

84,294

86,631

94,840

95,077

94,630

90,033

45,151

42,588

40,793

42,293

38,927

38,523

36,894

37,369

35,863

35,487

34,092

30,693

19,946

16,094

16,237

15,765

15,240

15,446

Restructuring Costs and Asset Impairment Charges

-

-

0

0

-

-

0

14,965

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

84,671

86,453

80,407

79,486

79,164

85,277

78,842

78,454

78,619

80,794

77,202

72,990

71,114

77,468

70,653

69,531

72,256

69,934

67,327

66,245

66,398

69,039

67,311

67,498

65,669

31,713

23,131

22,076

21,867

22,413

20,524

21,674

20,760

21,220

18,953

19,055

19,681

10,055

7,623

7,206

7,024

6,027

6,223

Acquisition and integration costs

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

70

331

492

1,280

1,208

5,319

2,363

2,191

4,165

15,948

14,945

8,326

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

827,833

836,203

814,210

791,293

810,830

829,516

794,390

824,978

843,620

916,410

901,866

856,766

846,003

843,043

818,328

822,874

752,949

770,765

814,954

820,023

842,869

960,541

928,740

955,798

946,856

488,931

384,134

372,791

386,846

446,551

386,956

372,706

334,598

371,867

381,322

378,351

351,725

202,585

149,367

147,296

143,199

134,540

135,022

Equity in net income of Diamond Green Diesel

97,820

-

32,020

-

24,277

-

-2,630

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating income

122,829

331,380

59,859

36,031

48,551

186,023

15,556

21,668

31,754

64,378

34,396

38,164

32,507

38,047

35,528

54,467

26,692

32,719

38,808

39,292

31,825

39,662

49,925

75,485

-564

18,536

41,652

50,802

58,576

49,487

65,776

63,968

52,510

58,999

74,553

92,259

88,173

24,647

19,318

18,914

19,583

25,396

20,276

Other expense:
Interest Revenue (Expense), Net

-19,090

138,762

-19,359

-20,853

-19,876

152,649

-20,080

-23,016

-23,124

112,223

-22,531

-22,446

21,680

22,439

23,867

23,980

23,901

23,308

24,828

34,285

23,109

24,633

25,355

26,571

58,857

21,501

5,313

5,669

5,625

5,508

5,868

5,753

6,925

7,781

7,409

7,745

14,228

6,081

857

889

910

714

784

Gain (Loss) on Extinguishment of Debt

-

-

0

-12,126

-

-

0

-23,509

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency gain/(loss)

1,664

-657

466

-388

-732

651

-2,106

-3,495

-1,481

-2,468

-2,055

-2,111

-264

387

354

8

-2,603

-1,612

-2,461

1,622

-2,460

-1,267

1,522

11

-13,814

28,107

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

-

-

0

0

-

-

3,038

-15,538

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Nonoperating Income (Expense)

-1,881

487

-2,614

-2,019

-2,525

-3,459

-2,786

1,199

-2,516

-418

-2,533

-3,797

-2,053

-848

-2,007

-2,373

-1,305

-6,135

1,004

-1,199

-509

271

2,053

-887

-1,138

-928

-3,268

-418

1,067

1,866

232

270

-608

-662

-833

-854

-606

-1,643

-757

-448

-534

137

-218

Total other expense

-19,307

-15,789

-21,507

-35,386

-23,133

-23,062

-21,934

-64,359

-27,121

-26,040

-27,119

-28,354

-23,997

-22,900

-25,520

-26,345

-27,809

-31,055

-26,285

-33,862

-26,078

-25,629

-21,780

-27,447

-73,809

5,678

-8,581

-6,087

-4,558

-3,642

-5,636

-5,483

-7,533

-8,443

-8,242

-8,599

-14,834

-7,724

-1,614

-1,337

-1,444

-577

-1,002

Equity in net income/(loss) of other unconsolidated subsidiaries

869

-36,578

-665

38,175

-504

-112,778

-162

15,236

97,154

-16,404

7,703

8,260

706

32,746

18,138

13,852

5,643

83,073

-12,021

4,172

-1,808

59,547

-1,055

2,040

5,077

-1,136

11,953

-1,962

-1,195

-937

-833

-656

-236

-228

-170

-1,174

0

-

0

0

-

-

-

Income before income taxes

104,391

279,013

37,687

38,820

24,914

50,183

-6,540

-27,455

101,787

21,934

14,980

18,070

9,216

47,893

28,146

41,974

4,526

84,737

502

9,602

3,939

73,580

27,090

50,078

-69,296

23,078

45,024

42,753

52,823

44,908

59,307

57,829

44,741

50,328

66,141

82,486

73,339

16,923

17,704

17,577

18,139

24,819

19,274

Income tax expense

18,300

35,567

10,850

7,776

5,274

8,039

-1,403

1,683

3,712

-85,010

6,296

7,742

1,818

6,213

-744

7,983

1,863

-1,138

7,859

4,665

2,115

4,792

11,136

15,503

-18,290

585

17,373

16,335

20,418

16,106

22,135

21,604

16,170

20,831

25,009

30,259

26,777

6,911

6,322

6,206

6,661

8,746

7,575

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

86,091

243,446

26,837

31,044

19,640

42,144

-5,137

-29,138

98,075

106,944

8,684

10,328

7,398

41,680

28,890

33,991

2,663

85,875

-7,357

4,937

1,824

68,788

15,954

34,575

-51,006

22,493

27,651

26,418

32,405

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income/(loss), net of tax:
Net income attributable to noncontrolling interests

581

837

1,116

4,786

1,628

1,496

900

1,282

770

1,215

923

1,179

1,569

1,139

196

1,992

1,584

1,446

1,730

1,857

1,715

-1,155

1,636

1,818

1,797

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to Darling

85,510

242,609

25,721

26,258

18,012

40,648

-6,037

-30,420

97,305

105,729

7,761

9,149

5,829

40,541

28,694

31,999

1,079

84,429

-9,087

3,080

109

69,943

14,318

32,757

-52,803

22,493

27,651

26,418

32,405

28,802

37,172

36,225

28,571

29,497

41,132

52,227

46,562

10,012

11,382

11,371

11,478

16,073

11,699

Net income per share:
Earnings Per Share, Basic

0.52

1.47

0.16

0.16

0.11

0.25

-0.04

-0.18

0.59

0.63

0.05

0.06

0.04

0.25

0.17

0.19

0.01

0.52

-0.06

0.02

0.00

0.42

0.09

0.20

-0.32

0.19

0.23

0.22

0.27

0.24

0.32

0.31

0.24

0.24

0.35

0.45

0.43

0.11

0.14

0.14

0.14

0.20

0.14

Earnings Per Share, Diluted

0.51

1.44

0.15

0.16

0.11

0.24

-0.04

-0.18

0.58

0.63

0.05

0.05

0.04

0.25

0.17

0.19

0.01

0.52

-0.06

0.02

0.00

0.42

0.09

0.20

-0.32

0.19

0.23

0.22

0.27

0.25

0.31

0.31

0.24

0.25

0.35

0.44

0.43

0.11

0.14

0.14

0.14

0.19

0.14