BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 26, 2015

Summary by Business



	2015		2014		2013
SALES:
Engineered Support Structures segment:
Lighting, Traffic, and Roadway Products	$	600,280	$	648,352	$	660,423
Communication Products	171,173		161,618		139,888
Engineered Support Structures segment	771,453		809,970		800,311
Energy and Mining segment:
Offshore and Other Complex Steel Structures	103,068		146,432		—
Grinding Media	96,442		116,056		138,634
Access Systems	138,349		181,495		201,498
Energy and Mining segment	337,859		443,983		340,132
Utility Support Structures segment:
Steel	578,996		714,427		853,459
Concrete	95,581		110,589		108,579
Utility Support Structures segment	674,577		825,016		962,038
Coatings segment	302,385		333,853		357,635
Irrigation segment	612,201		846,326		970,890
Other	7,247		10,108		51,645
Total	2,705,722		3,269,256		3,482,651
INTERSEGMENT SALES:
Engineered Support Structures	23,003		74,963		103,974
Energy and Mining	4,652		295		332
Utility Support Structures	1,239		2,451		2,343
Coatings	46,912		55,418		56,649
Irrigation	6,430		6,609		6,523
Other	4,562		6,377		8,619
Total	86,798		146,113		178,440
NET SALES:
Engineered Support Structures segment	748,450		735,007		696,337
Energy and Mining segment	333,207		443,688		339,800
Utility Support Structures segment	673,338		822,565		959,695
Coatings segment	255,473		278,435		300,986
Irrigation segment	605,771		839,717		964,367
Other	2,685		3,731		43,026
Total	$	2,618,924	$	3,123,143	$	3,304,211

(18) BUSINESS SEGMENTS (Continued)



	2015			2014			2013
OPERATING INCOME (LOSS):
Engineered Support Structures	$	59,592		$	66,024		$	65,861
Energy and Mining	(18,762		)	41,342			35,087
Utility Support Structures	37,847			95,118			174,740
Coatings	27,369			60,921			74,917
Irrigation	84,537			151,508			206,394
Other	(9,802		)	(1,535		)	(7,213		)
Corporate	(49,086		)	(55,662		)	(76,717		)
Total	131,695			357,716			473,069
Interest expense, net	(41,325		)	(30,744		)	(26,025		)
Costs associated with refinancing of debt	—			(38,705		)	—
Other	2,637			(4,084		)	2,373
Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries	$	93,007		$	284,183		$	449,417

TOTAL ASSETS:
Engineered Support Structures	$	611,201		$	640,132		$	616,231
Energy and Mining	396,366			500,407			353,018
Utility Support Structures	422,021			470,720			524,113
Coatings	270,793			301,707			315,663
Irrigation	310,967			360,883			351,742
Other	2,267			4,930			2,538
Corporate	385,813			450,889			613,189
Total	$	2,399,428		$	2,729,668		$	2,776,494



CAPITAL EXPENDITURES:
Engineered Support Structures	$	11,445	$	11,849	$	12,905
Energy and Mining	3,544		4,893		4,515
Utility Support Structures	11,815		9,014		39,347
Coatings	6,836		14,029		12,206
Irrigation	7,756		21,113		26,039
Other	1,396		1,181		105
Corporate	2,676		10,944		11,636
Total	$	45,468	$	73,023	$	106,753

(18) BUSINESS SEGMENTS (Continued)



	2015		2014		2013
DEPRECIATION AND AMORTIZATION:
Engineered Support Structures	$	22,810	$	22,363	$	22,037
Energy and Mining	20,733		22,146		13,167
Utility Support Structures	17,959		17,811		14,375
Coatings	12,962		14,615		14,656
Irrigation	11,746		10,471		7,859
Other	570		123		2,336
Corporate	4,364		1,799		3,006
Total	$	91,144	$	89,328	$	77,436

Summary by Geographical Area by Location of Valmont Facilities: