CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 26, 2020	Sep. 28, 2019	Sep. 26, 2020	Sep. 28, 2019
Net sales	$ 733,970	$ 690,340	$ 2,096,978	$ 2,083,350
Total cost of sales	543,223	517,053	1,536,045	1,567,260
Gross profit	190,747	173,287	560,933	516,090
Selling, general and administrative expenses	129,268	112,223	372,481	338,950
Impairment of goodwill and trade names	0	0	16,638	0
Operating income	61,479	61,064	171,814	177,140
Other income (expenses):
Interest expense	(10,454)	(9,976)	(30,566)	(29,971)
Interest income	430	969	1,931	2,815
Gain on investments (unrealized)	900	402	1,102	4,754
Other	233	768	1,349	1,938
Total other income (expenses)	(8,891)	(7,837)	(26,184)	(20,464)
Earnings before income taxes	52,588	53,227	145,630	156,676
Income tax expense (benefit):
Current	14,968	11,675	42,922	31,668
Deferred	(2,884)	1,388	(3,750)	7,098
Total income tax expense (benefit)	12,084	13,063	39,172	38,766
Earnings before equity in earnings of nonconsolidated subsidiaries	40,504	40,164	106,458	117,910
Equity in loss of nonconsolidated subsidiaries	(276)	0	(755)	0
Net earnings	40,228	40,164	105,703	117,910
Less: earnings attributable to noncontrolling interests	(886)	(2,119)	(825)	(4,042)
Net earnings attributable to Valmont Industries, Inc.	$ 39,342	$ 38,045	$ 104,878	$ 113,868
Earnings per share:
Basic (in dollars per share)	$ 1.85	$ 1.76	$ 4.91	$ 5.24
Diluted (in dollars per share)	$ 1.84	$ 1.75	$ 4.89	$ 5.22
Product sales
Net sales	$ 657,703	$ 605,439	$ 1,874,199	$ 1,829,919
Total cost of sales	494,812	460,549	1,392,595	1,398,775
Services sales
Net sales	76,267	84,901	222,779	253,431
Total cost of sales	$ 48,411	$ 56,504	$ 143,450	$ 168,485