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Schedule II-Valuation and Qualifying Accounts
 12 Months Ended
Dec. 28, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II-Valuation and Qualifying Accounts
Schedule II

VALMONT INDUSTRIES, INC. AND SUBSIDIARIES
Valuation and Qualifying Accounts
(Dollars in thousands)
 
Balance at
beginning of
period
 
Charged to
profit and loss
 
Currency Translation Adjustment
 
Deductions
from
reserves*
 
Balance at
close of
period
Fifty-two weeks ended December 28, 2019
 
 
 
 
 
 
 
 
 
Reserve deducted in balance sheet from the asset to which it applies—
 
 
 
 
 
 
 
 
 
Allowance for doubtful receivables
$
8,277

 
2,543

 
(76
)
 
(1,196
)
 
$
9,548

Allowance for deferred income tax asset valuation
33,228

 
4,141

 
(296
)
 
(1,858
)
 
35,215

Fifty-two weeks ended December 29, 2018
 
 
 
 
 
 
 
 
 
Reserve deducted in balance sheet from the asset to which it applies—
 
 
 
 
 
 
 
 
 
Allowance for doubtful receivables
$
9,813

 
994

 
(365
)
 
(2,165
)
 
$
8,277

Allowance for deferred income tax asset valuation
27,864

 
10,769

 
(384
)
 
(5,021
)
 
33,228

Fifty-two weeks ended December 30, 2017
 
 
 
 
 
 
 
 
 
Reserve deducted in balance sheet from the asset to which it applies—
 
 
 
 
 
 
 
 
 
Allowance for doubtful receivables
$
18,991

 
2,060

 
510

 
(11,748
)
 
$
9,813

Allowance for deferred income tax asset valuation
81,923

 
7,728

 
5,762

 
(67,549
)
 
27,864

______________________________________________
*
The deductions from reserves are net of recoveries.