CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands	3 Months Ended
	Mar. 27, 2021	Mar. 28, 2020
Net sales	$ 774,886	$ 674,200
Total cost of sales	570,332	487,951
Gross profit	204,554	186,249
Selling, general and administrative expenses	127,343	119,354
Operating income	77,211	66,895
Other income (expenses):
Interest expense	(9,999)	(10,014)
Interest income	311	1,043
Loss on investments (unrealized)	(109)	(2,308)
Other	3,449	1,810
Total other income (expenses)	(6,348)	(9,469)
Earnings before income taxes	70,863	57,426
Income tax expense:
Current	8,547	6,309
Deferred	6,955	8,177
Total income tax expense (benefit)	15,502	14,486
Earnings before equity in earnings of nonconsolidated subsidiaries	55,361	42,940
Equity in loss of nonconsolidated subsidiaries	(360)	(219)
Net earnings	55,001	42,721
Less: loss attributable to noncontrolling interests	13	208
Net earnings attributable to Valmont Industries, Inc.	$ 55,014	$ 42,929
Earnings per share:
Basic (in dollars per share)	$ 2.60	$ 2.00
Diluted (in dollars per share)	$ 2.57	$ 1.99
Product sales
Net sales	$ 694,965	$ 598,909
Total cost of sales	518,634	438,788
Services sales
Net sales	79,921	75,291
Total cost of sales	$ 51,698	$ 49,163