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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 30, 2017
Current assets:    
Cash and cash equivalents $ 479,663 $ 492,805
Receivables, net 467,010 503,677
Inventories 370,005 420,948
Prepaid expenses and other assets 127,251 43,643
Assets Held-for-sale, Not Part of Disposal Group, Current, Other 72,665 0
Refundable income taxes 6,749 11,492
Total current assets 1,523,343 1,472,565
Property, plant and equipment, at cost 1,137,152 1,165,687
Less accumulated depreciation and amortization 633,440 646,759
Net property, plant and equipment 503,712 518,928
Goodwill 327,874 337,720
Other intangible assets, net 129,540 138,599
Other assets 133,595 134,438
Total assets 2,618,064 2,602,250
Current liabilities:    
Current installments of long-term debt 951 966
Notes payable to banks 377 161
Accounts payable 190,902 227,906
Accrued employee compensation and benefits 67,928 84,426
Accrued expenses 92,651 81,029
Disposal Group, Including Discontinued Operation, Liabilities, Current 12,960 0
Liabilities held for sale 8,493 8,510
Dividends Payable, Current 8,493 8,510
Total current liabilities 374,262 402,998
Deferred income taxes 39,669 34,906
Long-term debt, excluding current installments 753,647 753,888
Defined benefit pension liability 195,490 189,552
Deferred compensation 48,597 48,526
Other noncurrent liabilities 21,043 20,585
Shareholders’ equity:    
Preferred stock of $1 par value - Authorized 500,000 shares; none issued 0 0
Common stock of $1 par value - Authorized 75,000,000 shares; issued 27,900,000 issued 27,900 27,900
Retained earnings 1,996,474 1,954,344
Accumulated other comprehensive loss (276,629) (279,022)
Treasury stock (602,504) (590,386)
Total Valmont Industries, Inc. shareholders’ equity 1,145,241 1,112,836
Noncontrolling interest in consolidated subsidiaries 40,115 38,959
Total shareholders’ equity 1,185,356 1,151,795
Total liabilities and shareholders’ equity $ 2,618,064 $ 2,602,250