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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of amortized intangible assets
he components of amortized intangible assets at September 30, 2017 and December 31, 2016 were as follows:
 
September 30, 2017
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
200,269

 
$
126,845

 
13 years
Proprietary Software & Database
3,687

 
3,111

 
8 years
Patents & Proprietary Technology
6,633

 
3,859

 
11 years
Other
4,807

 
4,032

 
3 years
 
$
215,396

 
$
137,847

 
 
 
December 31, 2016
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
191,316

 
$
111,342

 
13 years
Proprietary Software & Database
3,616

 
3,056

 
8 years
Patents & Proprietary Technology
6,434

 
3,420

 
11 years
Other
3,713

 
3,668

 
3 years
 
$
205,079

 
$
121,486

 
 
Schedule of amortization expense for intangible assets
Amortization expense for intangible assets for the thirteen and thirty-nine weeks ended September 30, 2017 and September 24, 2016, respectively was as follows:
Thirteen Weeks Ended
 
Thirty-nine Weeks Ended
2017
 
2016
 
2017
 
2016
4,025

 
3,964

 
11,792

 
12,037

Schedule of future estimated amortization expense
Estimated annual amortization expense related to finite‑lived intangible assets is as follows:
 
Estimated
Amortization
Expense
2017
$
15,823

2018
14,492

2019
13,718

2020
12,608

2021
10,474

Schedule of non-amortized intangible assets
The carrying values of trade names at September 30, 2017 and December 31, 2016 were as follows:
 
September 30,
2017
 
December 31,
2016
 
Year Acquired
Webforge
$
9,362

 
$
8,624

 
2010
Valmont SM
9,839

 
8,765

 
2014
Newmark
11,111

 
11,111

 
2004
Ingal EPS/Ingal Civil Products
7,633

 
7,032

 
2010
Donhad
5,758

 
5,305

 
2010
Shakespeare
4,000

 
4,000

 
2014
Industrial Galvanizers
2,390

 
2,201

 
2010
Other
14,448

 
13,747

 
 
 
$
64,541

 
$
60,785

 
 
Schedule of carrying amount of goodwill
The carrying amount of goodwill by segment as of September 30, 2017 and December 31, 2016 was as follows:
 
Engineered
Support
Structures
Segment
 
Energy & Mining Segment
 
Utility
Support
Structures
Segment
 
Coatings
Segment
 
Irrigation
Segment
 
 
Total
Balance at December 31, 2016
$
94,314

 
$
72,212

 
$
75,404

 
$
59,569

 
$
19,611

 
 
$
321,110

Foreign currency translation
4,568

 
6,704

 

 
951

 
94

 
 
12,317

Acquisitions
3,327

 

 

 

 

 
 
3,327

Balance at September 30, 2017
$
102,209

 
$
78,916

 
$
75,404

 
$
60,520


$
19,705

 
 
$
336,754