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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 27, 2014
GOODWILL AND INTANGIBLE ASSETS  
Components of amortized intangible assets
 
  September 27, 2014
 
  Gross
Carrying
Amount
  Accumulated
Amortization
  Weighted
Average
Life

Customer Relationships

  $ 203,018   $ 86,175   13 years

Proprietary Software & Database

    3,872     2,983   6 years

Patents & Proprietary Technology

    12,694     8,258   8 years

Other

    4,499     2,584   3 years
             

 

  $ 224,083   $ 100,000    
             
             

 

 
  December 28, 2013
 
  Gross
Carrying
Amount
  Accumulated
Amortization
  Weighted
Average
Life

Customer Relationships

  $ 177,495   $ 76,024   13 years

Proprietary Software & Database

    3,896     2,896   6 years

Patents & Proprietary Technology

    11,334     7,239   8 years

Other

    1,620     1,438   6 years
             

 

  $ 194,345   $ 87,597    
             
             
Amortization expense for intangible assets

 

Thirteen Weeks
Ended
  Thirty-nine Weeks
Ended
 
2014   2013   2014   2013  
$ 4,702   $ 3,750   $ 13,439   $ 11,446  
Schedule of future estimated amortization expense

 

 

 
  Estimated
Amortization
Expense
 

2014

  $ 19,489  

2015

    17,182  

2016

    16,719  

2017

    16,519  

2018

    14,863  
Non-amortized intangible assets

 

 

 
  September 27,
2014
  December 28,
2013
  Year
Acquired
 

Webforge

  $ 17,595   $ 17,787     2010  

Valmont SM

    11,285         2014  

Newmark

    11,111     11,111     2004  

Ingal EPS/Ingal Civil Products

    9,286     9,387     2010  

Donhad

    7,006     7,082     2010  

Industrial Galvanizers

    4,073     4,117     2010  

Other

    15,380     14,685        
                 

 

  $ 75,736   $ 64,169        
                 
                 
Carrying amount of goodwill
 
  Engineered
Infrastructure
Products
Segment
  Utility
Support
Structures
Segment
  Coatings
Segment
  Irrigation
Segment
  Other   Total  

Balance at December 28, 2013

  $ 175,442   $ 75,404   $ 77,062   $ 2,420   $ 19,304   $ 349,632  

Acquisitions

    14,317             17,343         31,660  

Foreign currency translation

    (6,194 )       (729 )   (18 )   (207 )   (7,148 )
                           

Balance at September 27, 2014

  $ 183,565   $ 75,404   $ 76,333   $ 19,745   $ 19,097   $ 374,144