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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of amortized intangible assets
The components of amortized intangible assets at September 28, 2019 and December 29, 2018 were as follows:
 
September 28, 2019
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
236,029

 
$
143,306

 
13 years
Patents & Proprietary Technology
22,936

 
5,945

 
14 years
Other
7,494

 
6,886

 
5 years
 
$
266,459

 
$
156,137

 
 
 
December 29, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
219,508

 
$
132,180

 
13 years
Patents & Proprietary Technology
23,662

 
4,837

 
14 years
Other
7,971

 
6,891

 
5 years
 
$
251,141

 
$
143,908

 
 

Schedule of amortization expense for intangible assets
Amortization expense for intangible assets for the thirteen and thirty-nine weeks ended September 28, 2019 and September 29, 2018, respectively was as follows:
Thirteen weeks ended
 
Thirty-nine weeks ended
2019
 
2018
 
2019
 
2018
$
4,484

 
$
3,721

 
$
13,506

 
$
11,176


Schedule of future estimated amortization expense
Estimated annual amortization expense related to finite‑lived intangible assets is as follows:
 
Estimated
Amortization
Expense
2019
$
17,687

2020
17,821

2021
15,523

2022
13,286

2023
11,594


Schedule of non-amortized intangible assets at September 28, 2019 and December 29, 2018 are as follows:
 
September 28,
2019
 
December 29,
2018
 
Year Acquired
Newmark
$
11,111

 
$
11,111

 
2004
Webforge
8,587

 
8,872

 
2010
Convert Italia S.p.A
8,203

 
8,580

 
2018
Valmont SM
7,799

 
8,155

 
2014
Ingal EPS/Ingal Civil Products
7,001

 
7,233

 
2010
Walpar
3,500

 
4,300

 
2018
Shakespeare
4,000

 
4,000

 
2014
Other
17,211

 
16,472

 
 
 
$
67,412

 
$
68,723

 
 

Schedule of carrying amount of goodwill
The carrying amount of goodwill by segment as of September 28, 2019 and December 29, 2018 was as follows:
 
Engineered
Support
Structures
Segment
 
Utility
Support
Structures
Segment
 
Coatings
Segment
 
Irrigation
Segment
 
Total
Gross Balance December 29, 2018
$
204,735

 
$
123,618

 
$
80,937

 
$
25,164

 
$
434,454

Accumulated impairment losses
(18,670
)
 
(14,355
)
 
(16,222
)
 

 
(49,247
)
Balance at December 29, 2018
186,065

 
109,263

 
64,715

 
25,164

 
385,207

Acquisitions
21,043

 
7,889

 
11,715

 

 
40,647

Foreign currency translation
(2,652
)
 
(1,758
)
 
(133
)
 
368

 
(4,175
)
Balance at September 28, 2019
$
204,456

 
$
115,394

 
$
76,297

 
$
25,532

 
$
421,679