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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
CONSOLIDATED STATEMENTS OF EARNINGS      
Product sales $ 2,976,359 $ 2,721,512 $ 2,353,470
Services sales 327,852 308,029 308,010
Net sales 3,304,211 3,029,541 2,661,480
Product cost of sales 2,144,942 2,032,030 1,788,908
Services cost of sales 214,041 195,055 205,762
Total cost of sales 2,358,983 2,227,085 1,994,670
Gross profit 945,228 802,456 666,810
Selling, general and administrative expenses 472,159 420,160 403,500
Operating income 473,069 382,296 263,310
Other income (expenses):      
Interest expense (32,502) (31,625) (36,175)
Interest income 6,477 8,272 9,265
Other 2,373 347 (2,643)
Total other income (expenses) (23,652) (23,006) (29,553)
Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries 449,417 359,290 233,757
Income tax expense (benefit):      
Current 167,922 122,782 89,552
Deferred (10,141) 3,720 (84,962)
Total income tax expense (benefit) 157,781 126,502 4,590
Earnings before equity in earnings of nonconsolidated subsidiaries 291,636 232,788 229,167
Equity in earnings of nonconsolidated subsidiaries 835 6,128 8,059
Loss from deconsolidation of subsidiary (12,011)    
Net earnings 280,460 238,916 237,226
Less: Earnings attributable to noncontrolling interests (1,971) (4,844) (8,918)
Net earnings attributable to Valmont Industries, Inc. $ 278,489 $ 234,072 $ 228,308
Earnings per share:      
Basic (in dollars per share) $ 10.45 $ 8.84 $ 8.67
Diluted (in dollars per share) $ 10.35 $ 8.75 $ 8.60
Cash dividends declared per share (in dollars per share) $ 0.975 $ 0.855 $ 0.705