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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Statement of Comprehensive Income [Abstract]        
Net earnings $ 42,346 $ 34,680 $ 79,801 $ 75,160
Foreign currency translation adjustments:        
Unrealized translation gain 1,049 (46,953) 3,315 (40,149)
Realized loss on divestiture of grinding media business recorded in earnings 0 9,203 0 9,203
Gain (loss) on hedging activities:        
Net investment hedges 711 2,396 780 1,607
Realized loss on net investment hedge for grinding media business recorded in earnings 0 1,215 0 1,215
Amortization cost included in interest expense (16) 25 (32) 44
Deferred loss on interest rate hedges 0 (2,467) 0 (2,467)
Commodity hedges (2,109) 1,438 (2,109) 1,345
Cross currency swaps (3,933) 0 (1,672) 0
Other comprehensive income (4,298) (35,143) 282 (29,202)
Comprehensive income 38,048 (463) 80,083 45,958
Comprehensive income attributable to noncontrolling interests (983) (1,114) (2,092) (5,861)
Comprehensive income attributable to Valmont Industries, Inc. $ 37,065 $ (1,577) $ 77,991 $ 40,097