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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Sep. 28, 2013
Sep. 29, 2012
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS        
Product sales $ 693,480 $ 652,822 $ 2,228,268 $ 1,983,502
Services sales 84,552 77,017 248,053 231,002
Net sales 778,032 729,839 2,476,321 2,214,504
Product cost of sales 499,190 488,739 1,591,657 1,490,885
Services cost of sales 53,278 48,698 162,260 145,508
Total cost of sales 552,468 537,437 1,753,917 1,636,393
Gross profit 225,564 192,402 722,404 578,111
Selling, general and administrative expenses 115,663 102,020 350,048 307,559
Operating income 109,901 90,382 372,356 270,552
Other income (expenses):        
Interest expense (8,149) (8,429) (24,364) (23,657)
Interest income 1,560 2,093 4,765 6,081
Other (584) 1,307 1,095 907
Total other income (expenses) (7,173) (5,029) (18,504) (16,669)
Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries 102,728 85,353 353,852 253,883
Income tax expense (benefit):        
Current 40,458 27,928 127,328 90,942
Deferred 3,454 519 (1,275) (3,937)
Total income tax expense (benefit) 43,912 28,447 126,053 87,005
Earnings before equity in earnings of nonconsolidated subsidiaries 58,816 56,906 227,799 166,878
Equity in earnings of nonconsolidated subsidiaries 75 1,536 548 5,311
Net earnings 58,891 58,442 228,347 172,189
Less: Earnings attributable to noncontrolling interests (2,402) (1,711) (4,726) (3,153)
Net earnings attributable to Valmont Industries, Inc. $ 56,489 $ 56,731 $ 223,621 $ 169,036
Earnings per share:        
Basic (in dollars per share) $ 2.12 $ 2.14 $ 8.40 $ 6.39
Diluted (in dollars per share) $ 2.10 $ 2.12 $ 8.31 $ 6.32
Cash dividends declared per share (in dollars per share) $ 0.250 $ 0.225 $ 0.725 $ 0.630
Weighted average number of shares of common stock outstanding - Basic (000 omitted) (in shares) 26,665 26,502 26,632 26,455
Weighted average number of shares of common stock outstanding - Diluted (000 omitted) (in shares) 26,919 26,806 26,896 26,748