XML 22 R3.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 26, 2015
Dec. 27, 2014
Dec. 28, 2013
Statement of Comprehensive Income [Abstract]      
Net earnings $ 45,333 $ 189,318 $ 280,460
Foreign currency translation adjustments:      
Unrealized translation gains (losses) (96,694) (82,275) (71,698)
Realized loss on sale of investment in foreign entity included in other expense 0 0 5,194
Realized loss on deconsolidation of subsidiary 0 0 8,559
Foreign currency translation adjustments (96,694) (82,275) (57,945)
Unrealized gain/(loss) on cash flow hedge:      
Amortization cost included in interest expense 74 594 400
Realized (gain) loss included in net earnings (3,130) 983 0
Unrealized gain (loss) on cash flow hedge 2,855 4,837 0
Derivative adjustment (201) 6,414 400
Actuarial gain (loss) in defined benefit pension plan, net of tax expense (benefit) of ($10,732) in 2015, ($3,450) in 2014, and ($10,143) in 2013 (40,274) (13,709) (41,282)
Other comprehensive income (loss) (137,169) (89,570) (98,827)
Comprehensive income (loss) (91,836) 99,748 181,633
Comprehensive loss (income) attributable to noncontrolling interests (832) (2,520) (9,174)
Comprehensive income (loss) attributable to Valmont Industries, Inc. $ (92,668) $ 97,228 $ 172,459