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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Net earnings $ 101,150 $ 88,798 $ 189,579 $ 161,143
Foreign currency translation adjustments:        
Unrealized translation gain (loss) (18,768) 11,967 (40,186) 20,156
Hedging activities:        
Unrealized loss on commodity hedges (1,498) (1,339) (2,059) (2,815)
Realized loss (gain) on commodity hedges included in earnings 298 925 (419) 3,797
Unrealized gain (loss) on cross currency swaps 816 (760) 1,011 (1,351)
Amortization cost included in interest expense (12) (12) (24) (28)
Total hedging activities (396) (1,186) (1,491) (397)
Net gain on defined benefit pension plan 381 95 762 186
Total other comprehensive income, (loss), net of tax (18,783) 10,876 (40,915) 19,945
Comprehensive income 82,367 99,674 148,664 181,088
Comprehensive loss (income) attributable to redeemable noncontrolling interests (1,269) 233 (1,719) 2,135
Comprehensive income attributable to Valmont Industries, Inc. $ 81,098 $ 99,907 $ 146,945 $ 183,223