CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands	Jun. 25, 2011	Dec. 25, 2010
Current assets:
Cash and cash equivalents	$ 326,790	$ 346,904
Receivables, net	453,066	410,566
Inventories	366,185	280,223
Prepaid expenses and other current assets	30,862	23,806
Refundable and deferred income taxes	34,850	32,727
Total current assets	1,211,753	1,094,226
Property, plant and equipment, at cost	906,706	865,287
Less accumulated depreciation and amortization	458,689	425,678
Net property, plant and equipment	448,017	439,609
Goodwill	322,350	314,847
Other intangible assets, net	182,740	185,535
Other assets	58,420	56,526
Total assets	2,223,280	2,090,743
Current liabilities:
Current installments of long-term debt	272	238
Notes payable to banks	11,415	8,824
Accounts payable	223,948	179,814
Accrued employee compensation and benefits	65,841	75,981
Accrued expenses	75,427	77,705
Income tax payable	13,740
Dividends payable	4,757	4,352
Total current liabilities	395,400	346,914
Deferred income taxes	86,606	89,922
Long-term debt, excluding current installments	489,130	468,596
Defined benefit pension liability	100,069	104,171
Deferred compensation	31,130	23,300
Other noncurrent liabilities	45,118	47,713
Shareholders' equity:
Preferred stock Authorized 500,000 shares; none issued
Common stock of $1 par value Authorized 75,000,000 shares; 27,900,000 issued	27,900	27,900
Retained earnings	927,712	850,269
Accumulated other comprehensive income	91,259	63,645
Treasury stock	(25,288)	(25,922)
Total Valmont Industries, Inc. shareholders' equity	1,021,583	915,892
Noncontrolling interest in consolidated subsidiaries	54,244	94,235
Total shareholders' equity	1,075,827	1,010,127
Total liabilities and shareholders' equity	$ 2,223,280	$ 2,090,743