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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of amortized intangible assets
he components of amortized intangible assets at September 29, 2018 and December 30, 2017 were as follows:
 
September 29, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
218,492

 
$
130,082

 
13 years
Patents & Proprietary Technology
23,846

 
4,440

 
14 years
Other
7,991

 
6,868

 
5 years
 
$
250,329

 
$
141,390

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

 
$
131,062

 
13 years
Patents & Proprietary Technology
6,693

 
3,999

 
11 years
Other
8,532

 
7,228

 
5 years
 
$
216,035

 
$
142,289

 
 
Schedule of amortization expense for intangible assets
Amortization expense for intangible assets for the thirteen and thirty-nine weeks ended September 29, 2018 and September 30, 2017, respectively was as follows:
Thirteen Weeks Ended
 
Thirty-nine Weeks Ended
2018
 
2017
 
2018
 
2017
3,721

 
4,025

 
11,176

 
11,792

Schedule of future estimated amortization expense
Estimated annual amortization expense related to finite‑lived intangible assets is as follows:
 
Estimated
Amortization
Expense
2018
$
15,264

2019
16,081

2020
14,969

2021
12,885

2022
10,740

Schedule of non-amortized intangible assets
The carrying values of trade names at September 29, 2018 and December 30, 2017 were as follows:
 
September 29,
2018
 
December 30,
2017
 
Year Acquired
Newmark
$
11,111

 
$
11,111

 
2004
Valmont SM
8,283

 
9,973

 
2014
Webforge
9,105

 
9,432

 
2010
Convert Italia S.p.A
8,703

 

 
2018
Ingal EPS/Ingal Civil Products
7,424

 
7,690

 
2010
Shakespeare
4,000

 
4,000

 
2014
Other
21,128

 
22,647

 
 
 
$
69,754

 
$
64,853

 
 
Schedule of carrying amount of goodwill
The carrying amount of goodwill by segment as of September 29, 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
40,919

 
41,432

 

 
5,503

 

 
87,854

Asset impairment

 
(14,355
)
 

 

 

 
(14,355
)
Divestiture of grinding media

 

 

 

 
(15,814
)
 
(15,814
)
Foreign currency translation
(4,797
)
 
(489
)
 
(380
)
 
(145
)
 

 
(5,811
)
Balance at September 29, 2018
$
187,528

 
$
116,836

 
$
60,094


$
25,136

 
$

 
$
389,594