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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Dec. 28, 2019
Statement of Comprehensive Income [Abstract]      
Net earnings $ 197,725 $ 142,149 $ 152,105
Foreign currency translation adjustments:      
Unrealized translation gains (losses) (31,405) 21,483 (2,506)
Foreign currency translation adjustments (31,405) 21,483 (2,506)
Gain/(loss) on hedging activities:      
Commodity hedges 20,019 0 (2,130)
Realized (gain) loss on commodity hedges recorded in earnings (25,821) 0 2,130
Unrealized gain (loss) on cross currency swaps 6,093 (5,751) 1,815
Cash flow hedges 0 1,598 0
Realized (gain) loss on cash flow hedges recorded in earnings 0 (1,598) 0
Amortization cost included in interest expense (64) (64) (64)
Unrealized gain on net investment hedges, net of tax expense (benefit) of $— in 2021, $2,428 in 2020, $384 in 2019 0 7,289 1,154
Other Comprehensive Income Loss, Hedging Activities, Gain (loss), after Reclassification and Tax 227 1,474 2,905
Actuarial gain (loss) on defined benefit pension plan, net of tax expense (benefit) of $25,736 in 2021, $(4,183) in 2020, $(2,710) in 2019 76,718 (17,349) (10,828)
Other comprehensive income (loss) 45,540 5,608 (10,429)
Comprehensive income 243,265 147,757 141,676
Comprehensive (income) loss attributable to noncontrolling interests (976) (3,428) (5,505)
Comprehensive income attributable to Valmont Industries, Inc. $ 242,289 $ 144,329 $ 136,171