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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of amortized intangible assets
he components of amortized intangible assets at March 31, 2018 and December 30, 2017 were as follows:
 
March 31, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
191,117

 
$
126,168

 
13 years
Proprietary Software & Database
3,659

 
3,115

 
8 years
Patents & Proprietary Technology
6,748

 
4,115

 
11 years
Other
5,035

 
4,248

 
3 years
 
$
206,559

 
$
137,646

 
 
 
December 30, 2017
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
200,810

 
$
131,062

 
13 years
Proprietary Software & Database
3,671

 
3,107

 
8 years
Patents & Proprietary Technology
6,693

 
3,999

 
11 years
Other
4,861

 
4,121

 
3 years
 
$
216,035

 
$
142,289

 
 
Schedule of amortization expense for intangible assets
Amortization expense for intangible assets for the thirteen weeks ended March 31, 2018 and April 1, 2017, respectively was as follows:
Thirteen Weeks Ended
2018
 
2017
3,883

 
3,863

Schedule of future estimated amortization expense
Estimated annual amortization expense related to finite‑lived intangible assets is as follows:
 
Estimated
Amortization
Expense
2018
$
14,167

2019
12,986

2020
11,879

2021
9,796

2022
7,494

Schedule of non-amortized intangible assets
The carrying values of trade names at March 31, 2018 and December 30, 2017 were as follows:
 
March 31,
2018
 
December 30,
2017
 
Year Acquired
Webforge
$
9,793

 
$
9,432

 
2010
Valmont SM
10,243

 
9,973

 
2014
Newmark
11,111

 
11,111

 
2004
Ingal EPS/Ingal Civil Products
7,985

 
7,690

 
2010
Shakespeare
4,000

 
4,000

 
2014
Other
17,495

 
22,647

 
 
 
$
60,627

 
$
64,853

 
 
Schedule of carrying amount of goodwill
The carrying amount of goodwill by segment as of March 31, 2018 and December 30, 2017 was as follows:
 
Engineered
Support
Structures
Segment
 
Utility
Support
Structures
Segment
 
Coatings
Segment
 
Irrigation
Segment
 
Other
 
Total
Gross Balance at December 30, 2017
$
170,076

 
$
90,248

 
$
76,696

 
$
19,778

 
$
15,814

 
$
372,612

Accumulated impairment losses
(18,670
)
 
$

 
(16,222
)
 
$

 
$

 
$
(34,892
)
Balance at December 30, 2017
$
151,406

 
$
90,248

 
$
60,474

 
$
19,778

 
$
15,814

 
$
337,720

Acquisitions

 

 

 
3,922

 

 
3,922

Assets held for sale

 

 

 

 
(16,420
)
 
(16,420
)
Foreign currency translation
1,984

 
402

 
(200
)
 
(140
)
 
606

 
2,652

Balance at March 31, 2018
$
153,390

 
$
90,650

 
$
60,274


$
23,560

 
$

 
$
327,874