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BUSINESS SEGMENTS
 12 Months Ended
Dec. 25, 2021
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
    The Company has four reportable segments based on its management structure. Each segment is global in nature with a manager responsible for segment operational performance and the allocation of capital within the segment. Net corporate expense is net of certain service‑related expenses that are allocated to business units generally on the basis of employee headcounts and sales dollars.

Reportable segments are as follows:

ENGINEERED SUPPORT STRUCTURES: This segment consists of the manufacture and distribution of engineered poles, towers, and components for lighting, traffic, and wireless communication markets, engineered access systems, integrated structure solutions for smart cities, and highway safety products;
UTILITY SUPPORT STRUCTURES: This segment consists of the manufacture of engineered steel, concrete and composite structures for utility markets, including transmission, distribution, substations, and renewable energy generation equipment;

COATINGS: This segment consists of galvanizing, painting and anodizing services to preserve and protect metal products; and

IRRIGATION: This segment consists of the manufacture of center pivot and linear irrigation equipment for agricultural markets, including parts, services and tubular products, and advanced technology solutions for water management and precision agriculture.

The accounting policies of the reportable segments are the same as those described in Note 1. The Company evaluates the performance of its business segments based upon operating income and invested capital. The Company's operating income for segment purposes excludes unallocated corporate general and administrative expenses, interest expense, non-operating income and deductions, or income taxes.
Summary by Business
202120202019
SALES:
Utility Support Structures segment:
Steel
$770,104 $635,220 $630,892 
Concrete
165,501 160,544 122,032 
Engineered Solar Tracker Solutions
62,904 86,382 47,450 
Offshore and Other Complex Steel Structures
123,001 120,063 90,206 
Utility Support Structures segment
1,121,510 1,002,209 890,580 
Engineered Support Structures segment:
Lighting, Traffic, and Highway Safety Products717,650 717,216 708,853 
    Communication Products240,171 190,203 188,912 
Access Systems106,940 88,421 114,525 
Engineered Support Structures segment1,064,761 995,840 1,012,290 
Coatings segment
386,313 345,312 367,835 
Irrigation segment:
North America
545,574 378,424 378,613 
    International
483,143 267,407 206,583 
Irrigation segment
1,028,717 645,831 585,196 
Total
3,601,301 2,989,192 2,855,901 
INTERSEGMENT SALES:
Utility Support Structures
506 71 4,972 
Engineered Support Structures321 12,317 10,214 
Coatings
87,232 75,710 67,195 
Irrigation
11,667 5,739 6,544 
Total
99,726 93,837 88,925 
NET SALES:
Utility Support Structures segment
1,121,004 1,002,138 885,608 
Engineered Support Structures segment1,064,440 983,523 1,002,076 
Coatings segment
299,081 269,602 300,640 
Irrigation segment
1,017,050 640,092 578,652 
Total
$3,501,575 $2,895,355 $2,766,976 
202120202019
OPERATING INCOME (LOSS):
Utility Support Structures
$67,624 $100,855 $87,788 
Engineered Support Structures115,417 65,342 65,627 
Coatings
50,365 42,975 51,008 
Irrigation
137,027 83,046 71,687 
Corporate
(83,648)(66,265)(48,205)
Total
286,785 225,953 227,905 
Interest expense, net
(41,420)(38,701)(36,211)
Other
14,718 5,516 8,164 
Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries
$260,083 $192,768 $199,858 
TOTAL ASSETS:
Utility Support Structures
$827,083 $778,127 $742,194 
Engineered Support Structures977,334 932,565 944,428 
Coatings
366,026 360,594 363,070 
Irrigation
1,027,272 465,322 347,887 
Corporate
249,534 416,552 409,637 
Total
$3,447,249 $2,953,160 $2,807,216 
CAPITAL EXPENDITURES:
Utility Support Structures
36,718 34,495 26,306 
Engineered Support Structures16,578 24,447 25,344 
Coatings
19,178 22,132 23,610 
Irrigation
17,509 16,740 15,644 
Corporate
17,807 8,886 6,521 
Total
$107,790 $106,700 $97,425 
202120202019
DEPRECIATION AND AMORTIZATION:
Utility Support Structures
$24,075 $23,641 $23,779 
Engineered Support Structures24,733 25,399 26,280 
Coatings
16,928 15,793 15,907 
Irrigation
17,813 12,098 10,943 
Corporate
9,028 5,961 5,355 
Total
$92,577 $82,892 $82,264 
Summary by Geographical Area by Location of Valmont Facilities:
202120202019
NET SALES:
United States
$2,260,198 $1,919,136 $1,872,840 
Australia
297,720 252,253 255,271 
Brazil200,402 103,591 77,996 
Denmark
123,001 120,063 90,206 
Other
620,254 500,312 470,663 
Total
$3,501,575 $2,895,355 $2,766,976 
LONG-LIVED ASSETS:
United States
$1,172,552 $748,886 $753,545 
Australia
173,240 179,673 193,029 
Brazil28,583 17,151 7,963 
Denmark
21,232 61,546 58,435 
Other
338,879 391,279 362,020 
Total
$1,734,486 $1,398,535 $1,374,992 

No single customer accounted for more than 10% of net sales in 2021, 2020, or 2019. Net sales by geographical area are based on the location of the facility producing the sales and do not include sales to other operating units of the Company. Australia accounted for approximately 9% of the Company's net sales in 2021; no other foreign country accounted for more than 6% of the Company’s net sales.
    Operating income by business segment are based on net sales less identifiable operating expenses and allocations and includes profits recorded on sales to other operating units of the Company. Long-lived assets consist of property, plant and equipment, net of depreciation, goodwill, other intangible assets and other assets. Long-lived assets by geographical area are based on location of facilities.