Schedule II-Valuation and Qualifying Accounts

12 Months Ended

Dec. 26, 2020

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 26, 2020
Reserve deducted in balance sheet from the asset to which it applies—
Allowance for doubtful receivables	$	9,548	7,957	260	(1,813)	$	15,952
Allowance for deferred income tax asset valuation	35,215		11,450	1,064	(3,278)	44,451
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

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*    The deductions from reserves are net of recoveries.