XML 13 R3.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Jun. 28, 2025
Jun. 29, 2024
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Net earnings (loss) $ (3,291) $ 101,150 $ 83,372 $ 189,579
Foreign currency translation adjustments:        
Unrealized translation gain (loss) 37,347 (18,768) 59,589 (40,186)
Hedging activities:        
Unrealized gain (loss) on commodity hedges 760 (1,498) 857 (2,059)
Realized loss (gain) on commodity hedges included in net earnings (630) 298 297 (419)
Unrealized gain (loss) on cross currency swaps (4,966) 816 (6,306) 1,011
Amortization cost included in interest expense (12) (12) (24) (24)
Total hedging activities (4,848) (396) (5,176) (1,491)
Net realized loss on defined benefit pension plan 356 381 694 762
Total other comprehensive income (loss), net of tax 32,855 (18,783) 55,107 (40,915)
Comprehensive income 29,564 82,367 138,479 148,664
Comprehensive income attributable to redeemable noncontrolling interests (2,009) (1,269) (987) (1,719)
Comprehensive income attributable to Valmont Industries, Inc. $ 27,555 $ 81,098 $ 137,492 $ 146,945