| Address:
|
251 O CONNOR RIDGE BLVD
STE 300 |
| City: |
IRVING |
|
State: |
TX |
|
Zip Code: |
75038 |
| Telephone: |
972-717-0300 |
|
Description of Business
|
Primary SIC Code:
2070 |
| (As filed with the SEC)
|
|
|
Founded by the Swift meat packing interests and the Darling family in 1882,
Darling International Inc. ("Darling", and together with its subsidiaries, the
"Company") was incorporated in Delaware in 1962 under the name "Darling-Delaware
Company, Inc." On December 28, 1993, Darling changed its name from
"Darling-Delaware Company, Inc." to "Darling International Inc." The address of
Darling's principal executive office is 251 O'Connor Ridge Boulevard, Suite 300,
Irving, Texas, 75038, and its telephone number at this address is (972)
717-0300.
The Company is a leading provider of rendering, cooking oil and bakery waste
recycling and recovery solutions to the nation's food industry. The Company
collects and recycles animal by-products, bakery waste and used cooking oil from
poultry and meat processors, commercial bakeries, grocery stores, butcher shops,
and food service establishments and provides grease trap cleaning services to
many of the same establishments. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 1.34 | NA | 9.40 | | 06/2011 | 1.12 | NA | 15.80 | | 03/2011 | 0.82 | NA | 18.74 | | 12/2010 | 0.53 | NA | 25.06 | | 09/2010 | 0.52 | NA | 16.38 | | 06/2010 | 0.59 | NA | 12.73 | | 03/2010 | 0.59 | NA | 15.19 | | 12/2009 | 0.51 | NA | 16.43 |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.15 | Total Liab/Total Assets | 0.66 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 0.75 | | Net Inc/Inv Cap | 0.04 | Total Liab/Comm Equity | 3.20 | | Pretax Inc/Net Sales | 0.10 | Interest Coverage Ratio | 9.05 | | Net Inc/Net Sales | 0.06 | Curr Debt/Equity | 0.01 | | Cash Flow/Net Sales | 0.11 | LTD/Equity | 1.52 | | SG&A/NetSales | 0.09 | Total Debt/Equity | 1.53 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 8.79 | Quick Ratio | 0.90 | | Inventory Turnover | 16.44 | Current Ratio | 1.20 | | Inventory Day Sales | 0.03 | Net Rec/Curr Assets | 0.60 | | Net Sales/Work Cap | 23.57 | Inv/Curr Assets | 0.25 | | Net Sales/PP&E | 1.84 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
455.88
|
470.61
|
439.90
|
227.23
|
|
Cost of Goods Sold
|
326.67
|
325.23
|
301.39
|
161.74
|
|
Selling & Admin Exps
|
35.49
|
34.09
|
30.69
|
19.95
|
|
Operating Income
|
74.76
|
92.24
|
88.13
|
24.70
|
|
Interest Exp
|
7.41
|
7.75
|
14.23
|
6.08
|
|
Pretax Income
|
66.14
|
82.49
|
73.34
|
16.92
|
|
Other Income
|
-1.04
|
-0.83
|
-0.57
|
-1.69
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
41.13
|
52.23
|
46.56
|
10.01
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
28.92
|
12.82
|
38.43
|
19.58
|
|
Receivables - Total
|
116.12
|
124.00
|
120.93
|
111.57
|
|
Inventories - Total
|
66.55
|
63.14
|
49.77
|
45.61
|
|
Total Current Assets
|
222.78
|
212.31
|
218.72
|
185.59
|
|
Net Property, Plant & Equipment
|
399.32
|
396.00
|
393.31
|
393.42
|
|
Total Assets
|
1,416.53
|
1,403.82
|
1,405.07
|
1,382.26
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
146.12
|
151.39
|
172.20
|
151.82
|
|
Debt in Current Liabilities
|
0.31
|
0.16
|
0.01
|
3.01
|
|
Total Current Liabilities
|
146.43
|
151.55
|
172.21
|
154.83
|
|
Long-Term Debt
|
309.72
|
329.87
|
370.03
|
707.03
|
|
Total Liabilities
|
514.04
|
543.09
|
598.00
|
917.96
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
1.18
|
1.18
|
1.18
|
0.93
|
|
Retained Earnings
|
338.51
|
297.38
|
245.15
|
198.59
|
|
Treasury Stock
|
-5.47
|
-5.46
|
-5.41
|
-4.34
|
|
Total Stockholders' Equity
|
902.49
|
860.73
|
807.07
|
464.30
|
|
Total Liabilities and Stockholders' Equity
|
1,416.53
|
1,403.82
|
1,405.07
|
1,382.26
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
55.66
|
37.80
|
80.70
|
33.37
|
|
Net Cash Provided by Investing Activities
|
-19.32
|
-24.03
|
-14.09
|
-748.36
|
|
Net Cash Provided by Financing Activities
|
-20.24
|
-39.38
|
-47.77
|
657.11
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 406.99 | 5.11 | 0.12 | | 01/2007 | 645.31 | 45.53 | 0.07 | | 01/2009 | 807.49 | 54.56 | 0.66 | | 01/2010 | 597.81 | 41.79 | 0.51 | | 01/2011 | 724.91 | 44.24 | 0.53 | | Growth Rates | 15.52 | 71.56 | 44.97 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 252 | 105,138 | 89.82 |
|
Report Date :
2/6/2012
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