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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Sep. 24, 2011
Dec. 25, 2010
Current assets:  
Cash and cash equivalents$ 336,908$ 346,904
Receivables, net449,431410,566
Inventories377,525280,223
Prepaid expenses and other current assets28,83223,806
Refundable and deferred income taxes35,21632,727
Total current assets1,227,9121,094,226
Property, plant and equipment, at cost889,857865,287
Less accumulated depreciation and amortization452,718425,678
Net property, plant and equipment437,139439,609
Goodwill315,140314,847
Other intangible assets, net174,946185,535
Other assets54,04056,526
Total assets2,209,1772,090,743
Current liabilities:  
Current installments of long-term debt236238
Notes payable to banks11,0228,824
Accounts payable221,909179,814
Accrued employee compensation and benefits75,39275,981
Accrued expenses82,84477,705
Dividends payable4,7604,352
Total current liabilities396,163346,914
Deferred income taxes85,53189,922
Long-term debt, excluding current installments494,775468,596
Defined benefit pension liability96,990104,171
Deferred compensation29,40123,300
Other noncurrent liabilities43,06847,713
Shareholders' equity:  
Preferred stock Authorized 500,000 shares; none issued  
Common stock of $1 par value Authorized 75,000,000 shares; 27,900,000 issued27,90027,900
Retained earnings966,872850,269
Accumulated other comprehensive income41,76863,645
Treasury stock(25,117)(25,922)
Total Valmont Industries, Inc. shareholders' equity1,011,423915,892
Noncontrolling interest in consolidated subsidiaries51,82694,235
Total shareholders' equity1,063,2491,010,127
Total liabilities and shareholders' equity$ 2,209,177$ 2,090,743