XML 39 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 27, 2014
GOODWILL AND INTANGIBLE ASSETS  
Components of amortized intangible assets

                                                                                                                                                                                    

 

 

As of December 27, 2014

 

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Weighted
Average
Life

Customer Relationships

 

$

207,509 

 

$

88,538 

 

13 years

Proprietary Software & Database

 

 

3,769 

 

 

2,977 

 

8 years

Patents & Proprietary Technology

 

 

12,394 

 

 

8,537 

 

8 years

Non-compete Agreements

 

 

4,355 

 

 

2,998 

 

3 years

​  

​  

​  

​  

 

 

$

228,027 

 

$

103,050 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

As of 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

Non-compete Agreements

 

 

1,620 

 

 

1,438 

 

6 years

​  

​  

​  

​  

 

 

$

194,345 

 

$

87,597 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of future estimated amortization expense

                                                                                                                                                                                    

 

 

Estimated
Amortization
Expense

 

2015

 

$

18,176 

 

2016

 

 

16,406 

 

2017

 

 

16,364 

 

2018

 

 

14,703 

 

2019

 

 

13,871 

 

 

Non-amortized intangible assets

                                                                                                                                                                                    

 

 

December 27,
2014

 

December 28,
2013

 

Year
Acquired

Webforge

 

$

16,801 

 

$

17,787 

 

2010

Valmont SM

 

 

10,818 

 

 

 

2014

Newmark

 

 

11,111 

 

 

11,111 

 

2004

Ingal EPS/Ingal Civil Products

 

 

8,867 

 

 

9,387 

 

2010

Donhad

 

 

6,689 

 

 

7,082 

 

2010

Shakespeare

 

 

4,000 

 

 

 

2014

Industrial Galvanizers

 

 

3,889 

 

 

4,117 

 

2010

Other

 

 

14,852 

 

 

14,685 

 

 

​  

​  

​  

​  

 

 

$

77,027 

 

$

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

 

Acquisition

 

 

32,219

 

 

 

 

 

 

17,193

 

 

 

 

49,562

 

Foreign currency translation

 

 

(10,587

)

 

 

 

(2,200

)

 

(77

)

 

(1,069

)

 

(14,083

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance at December 27, 2014

 

$

197,074

 

$

75,404

 

$

74,862

 

$

19,536

 

$

18,235

 

$

385,111

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Engineered
Infrastructure
Products
Segment

 

Utility
Support
Structures
Segment

 

Coatings
Segment

 

Irrigation
Segment

 

Other

 

Total

 

Balance at December 29, 2012

 

$

155,185

 

$

77,141

 

$

77,053

 

$

2,517

 

$

18,895

 

$

330,791

 

Acquisition

 

 

21,189

 

 

 

 

 

 

 

 

 

 

21,189

 

Foreign currency translation

 

 

(2,669

)

 

 

 

9

 

 

(97

)

 

409

 

 

(2,348

)

Other

 

 

1,737

 

 

(1,737

)

 

 

 

 

 

 

 

—  

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Balance at December 28, 2013

 

$

175,442

 

$

75,404

 

$

77,062

 

$

2,420

 

$

19,304

 

$

349,632

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​