CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands	3 Months Ended
	Mar. 28, 2020	Mar. 30, 2019
Net sales	$ 674,200	$ 692,139
Total cost of sales	487,951	527,512
Gross profit	186,249	164,627
Selling, general and administrative expenses	119,354	110,025
Operating income	66,895	54,602
Other income (expenses):
Interest expense	(10,014)	(9,878)
Interest income	1,043	810
Gain (loss) on investments (unrealized)	(2,308)	2,832
Other	1,810	1,014
Total other income (expenses)	(9,469)	(5,222)
Earnings before income taxes	57,426	49,380
Income tax expense:
Current	6,309	2,640
Deferred	8,177	9,662
Total income tax expense (benefit)	14,486	12,302
Earnings before equity in earnings of nonconsolidated subsidiaries	42,940	37,078
Equity in earnings (loss) of nonconsolidated subsidiaries	(219)	0
Net earnings	42,721	37,078
Less: loss (earnings) attributable to noncontrolling interests	208	(974)
Net earnings attributable to Valmont Industries, Inc.	$ 42,929	$ 36,104
Earnings per share:
Basic (in dollars per share)	$ 2.00	$ 1.65
Diluted (in dollars per share)	$ 1.99	$ 1.64
Product sales
Net sales	$ 598,909	$ 614,964
Total cost of sales	438,788	474,897
Services sales
Net sales	75,291	77,175
Total cost of sales	$ 49,163	$ 52,615