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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 26, 2016
Mar. 28, 2015
Income Statement [Abstract]    
Product sales $ 532,940 $ 603,894
Services sales 63,665 66,504
Net sales 596,605 670,398
Product cost of sales 393,492 459,541
Services cost of sales 42,144 45,403
Total cost of sales 435,636 504,944
Gross profit 160,969 165,454
Selling, general and administrative expenses 98,604 107,771
Operating income 62,365 57,683
Other income (expenses):    
Interest expense (11,054) (11,128)
Interest income 811 874
Other (1,678) 1,016
Total other income (expenses) (11,921) (9,238)
Earnings before income taxes 50,444 48,445
Income tax expense (benefit):    
Current 10,514 11,774
Deferred 5,759 5,164
Total income tax expense (benefit) 16,273 16,938
Earnings before equity in earnings of nonconsolidated subsidiaries 34,171 31,507
Equity in earnings of nonconsolidated subsidiaries 0 0
Net earnings 34,171 31,507
Less: Earnings attributable to noncontrolling interests (1,202) (768)
Net earnings attributable to Valmont Industries, Inc. $ 32,969 $ 30,739
Earnings per share:    
Basic (in dollars per share) $ 1.45 $ 1.29
Diluted (in dollars per share) 1.45 1.28
Cash dividends declared per share (in dollars per share) $ 0.375 $ 0.375
Weighted average number of shares of common stock outstanding - Basic (in shares) 22,700 23,868
Weighted average number of shares of common stock outstanding - Diluted (in shares) 22,816 23,982