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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Statement of Comprehensive Income [Abstract]        
Net earnings $ 40,228 $ 40,164 $ 105,703 $ 117,910
Foreign currency translation adjustments:        
Unrealized translation gain (loss) 14,391 (23,781) (16,102) (20,466)
Gain (loss) on hedging activities:        
Net investment hedges 0 2,580 7,284 3,360
Cash flow hedges (26) 0 344 0
Amortization cost included in interest expense (16) (16) (48) (48)
Commodity hedges 0 (21) 0 (2,130)
Realized gain on commodity hedges recorded in earnings 0 1,329 0 1,329
Cross currency swaps (3,725) 5,443 570 3,771
Other comprehensive income (loss) 10,624 (14,466) (7,952) (14,184)
Comprehensive income 50,852 25,698 97,751 103,726
Comprehensive income attributable to noncontrolling interests (1,358) (1,297) (1,785) (3,390)
Comprehensive income attributable to Valmont Industries, Inc. $ 49,494 $ 24,401 $ 95,966 $ 100,336