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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 339,568 $ 362,894
Receivables, net 450,280 426,683
Inventories 440,600 393,782
Prepaid expenses 27,881 25,765
Refundable and deferred income taxes 42,263 43,819
Total current assets 1,300,592 1,252,943
Property, plant and equipment, at cost 945,457 911,642
Less accumulated depreciation and amortization 476,125 456,765
Net property, plant and equipment 469,332 454,877
Goodwill 320,617 314,662
Other intangible assets 168,259 168,083
Other assets 124,169 115,511
Total assets 2,382,969 2,306,076
Current liabilities:    
Current installments of long-term debt 264 235
Notes payable to banks 12,293 11,403
Accounts payable 235,743 234,537
Accrued employee compensation and benefits 68,907 83,613
Accrued expenses 82,479 73,515
Dividends payable 4,778 4,767
Total current liabilities 404,464 408,070
Deferred income taxes 86,798 85,497
Long-term debt, excluding current installments 474,015 474,415
Defined benefit pension liability 60,577 68,024
Deferred compensation 33,348 30,741
Other noncurrent liabilities 42,764 41,418
Shareholders' equity:    
Preferred stock of $1 par value - 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 1,130,655 1,079,698
Accumulated other comprehensive income 90,834 64,052
Treasury stock (23,918) (24,688)
Total Valmont Industries, Inc. shareholders' equity 1,225,471 1,146,962
Noncontrolling interest in consolidated subsidiaries 55,532 50,949
Total shareholders' equity 1,281,003 1,197,911
Total liabilities and shareholders' equity $ 2,382,969 $ 2,306,076