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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jun. 25, 2022
Jul. 01, 2023
Jun. 25, 2022
Statement of Comprehensive Income [Abstract]        
Net earnings $ 88,798 $ 77,207 $ 161,143 $ 140,113
Foreign currency translation adjustments:        
Unrealized translation gain (loss) 11,967 (43,666) 20,156 (32,050)
Hedging activities:        
Unrealized gain (loss) on commodity hedges (1,339) (19,512) (2,815) 1,048
Realized (gain) loss on commodity hedges recorded in earnings 925 1,545 3,797 (498)
Unrealized gain (loss) on cross currency swaps (760) 3,470 (1,351) 5,281
Amortization cost included in interest expense (12) (16) (28) (32)
Total hedging activities (1,186) (14,513) (397) 5,799
Net gain on defined benefit pension plan 95 124 186 256
Other comprehensive income (loss) 10,876 (58,055) 19,945 (25,995)
Comprehensive income 99,674 19,152 181,088 114,118
Comprehensive (income) loss attributable to noncontrolling interests 233 932 2,135 (756)
Comprehensive income attributable to Valmont Industries, Inc. $ 99,907 $ 20,084 $ 183,223 $ 113,362