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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 27, 2014
Dec. 28, 2013
Dec. 29, 2012
Cash flows from operating activities:      
Net earnings $ 189,318us-gaap_ProfitLoss $ 280,460us-gaap_ProfitLoss $ 238,916us-gaap_ProfitLoss
Adjustments to reconcile net earnings to net cash flows from operations:      
Depreciation and amortization 89,328us-gaap_DepreciationDepletionAndAmortization 77,436us-gaap_DepreciationDepletionAndAmortization 70,218us-gaap_DepreciationDepletionAndAmortization
Loss on investment 3,795us-gaap_GainLossOnInvestments    
Deconsolidation of subsidiary   12,011us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax  
Impairment of property, plant and equipment 0vmi_ImpairmentOfPropertyPlantAndEquipment 12,161vmi_ImpairmentOfPropertyPlantAndEquipment  
Non-cash debt refinancing costs (2,478)vmi_NoncashDebtRefinancingCosts    
Stock-based compensation 6,730us-gaap_ShareBasedCompensation 6,513us-gaap_ShareBasedCompensation 5,829us-gaap_ShareBasedCompensation
Defined benefit pension plan expense 2,638us-gaap_PensionExpense 6,569us-gaap_PensionExpense 4,281us-gaap_PensionExpense
Contribution to defined benefit pension plan (18,173)us-gaap_PensionContributions (17,619)us-gaap_PensionContributions (11,591)us-gaap_PensionContributions
Change in fair value of contingent consideration (4,300)vmi_ReversalOfContingentConsideration    
(Gain) loss on sale of property, plant and equipment 392us-gaap_GainLossOnSaleOfPropertyPlantEquipment (4,318)us-gaap_GainLossOnSaleOfPropertyPlantEquipment 321us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Equity in earnings in nonconsolidated subsidiaries (29)us-gaap_IncomeLossFromEquityMethodInvestments (835)us-gaap_IncomeLossFromEquityMethodInvestments (6,128)us-gaap_IncomeLossFromEquityMethodInvestments
Deferred income taxes 5,251us-gaap_DeferredIncomeTaxExpenseBenefit (10,141)us-gaap_DeferredIncomeTaxExpenseBenefit 3,720us-gaap_DeferredIncomeTaxExpenseBenefit
Changes in assets and liabilities (net of the effect from acquisitions):      
Receivables 907us-gaap_IncreaseDecreaseInReceivables (12,708)us-gaap_IncreaseDecreaseInReceivables (84,890)us-gaap_IncreaseDecreaseInReceivables
Inventories 21,458us-gaap_IncreaseDecreaseInInventories 13,431us-gaap_IncreaseDecreaseInInventories (13,613)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses (13,594)us-gaap_IncreaseDecreaseInPrepaidExpense 4,115us-gaap_IncreaseDecreaseInPrepaidExpense 1,243us-gaap_IncreaseDecreaseInPrepaidExpense
Accounts payable (34,321)us-gaap_IncreaseDecreaseInAccountsPayable 12,448us-gaap_IncreaseDecreaseInAccountsPayable (6,249)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued expenses (34,778)us-gaap_IncreaseDecreaseInAccruedLiabilities 21,698us-gaap_IncreaseDecreaseInAccruedLiabilities 20,640us-gaap_IncreaseDecreaseInAccruedLiabilities
Other noncurrent liabilities 1,755us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (1,474)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (4,350)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Income taxes payable (refundable) (39,803)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (3,305)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (21,250)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net cash flows from operating activities 174,096us-gaap_NetCashProvidedByUsedInOperatingActivities 396,442us-gaap_NetCashProvidedByUsedInOperatingActivities 197,097us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Purchase of property, plant and equipment (73,023)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (106,753)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (97,074)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Acquisitions (net of cash acquired) (185,710)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (63,152)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (45,687)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Proceeds from sale of assets 2,489us-gaap_ProceedsFromSaleOfProductiveAssets 37,582us-gaap_ProceedsFromSaleOfProductiveAssets 6,025us-gaap_ProceedsFromSaleOfProductiveAssets
Other, net (619)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 602us-gaap_PaymentsForProceedsFromOtherInvestingActivities 44us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash flows from investing activities (256,863)us-gaap_NetCashProvidedByUsedInInvestingActivities (131,721)us-gaap_NetCashProvidedByUsedInInvestingActivities (136,692)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Net borrowings under short-term agreements (4,472)us-gaap_ProceedsFromRepaymentsOfShortTermDebt 5,510us-gaap_ProceedsFromRepaymentsOfShortTermDebt 1,828us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Proceeds from long-term borrowings 652,211us-gaap_ProceedsFromIssuanceOfLongTermDebt 274us-gaap_ProceedsFromIssuanceOfLongTermDebt 39,126us-gaap_ProceedsFromIssuanceOfLongTermDebt
Principal payments on long-term obligations (357,858)us-gaap_RepaymentsOfLongTermDebt (591)us-gaap_RepaymentsOfLongTermDebt (39,564)us-gaap_RepaymentsOfLongTermDebt
Cash decrease due to deconsolidation of subsidiary   (11,615)vmi_PaymentsOnDeconsolidationOfSubsidiary  
Dividends paid (32,443)us-gaap_PaymentsOfDividendsCommonStock (25,414)us-gaap_PaymentsOfDividendsCommonStock (21,520)us-gaap_PaymentsOfDividendsCommonStock
Dividends to noncontrolling interest (2,919)us-gaap_PaymentsOfDividendsMinorityInterest (1,767)us-gaap_PaymentsOfDividendsMinorityInterest (1,944)us-gaap_PaymentsOfDividendsMinorityInterest
Purchase of noncontrolling interest   (9,324)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries  
Proceeds from sale of partial ownership interest     1,404us-gaap_ProceedsFromMinorityShareholders
Settlement of financial derivative 4,981us-gaap_PaymentsForDerivativeInstrumentFinancingActivities    
Debt issuance fees (7,644)us-gaap_PaymentsOfDebtIssuanceCosts   (1,747)us-gaap_PaymentsOfDebtIssuanceCosts
Proceeds from exercises under stock plans 14,572us-gaap_ProceedsFromStockPlans 16,348us-gaap_ProceedsFromStockPlans 21,827us-gaap_ProceedsFromStockPlans
Excess tax benefits from stock option exercises 4,264us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 5,306us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 5,494us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Purchase of treasury shares (395,045)us-gaap_PaymentsForRepurchaseOfCommonStock    
Purchase of common treasury shares-stock plan exercises (15,403)vmi_PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises (16,107)vmi_PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises (21,259)vmi_PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises
Net cash flows from financing activities (139,756)us-gaap_NetCashProvidedByUsedInFinancingActivities (37,380)us-gaap_NetCashProvidedByUsedInFinancingActivities (16,355)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (19,604)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (27,764)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 7,185us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net change in cash and cash equivalents (242,127)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 199,577us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 51,235us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents-beginning of year 613,706us-gaap_CashAndCashEquivalentsAtCarryingValue 414,129us-gaap_CashAndCashEquivalentsAtCarryingValue 362,894us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents-end of year $ 371,579us-gaap_CashAndCashEquivalentsAtCarryingValue $ 613,706us-gaap_CashAndCashEquivalentsAtCarryingValue $ 414,129us-gaap_CashAndCashEquivalentsAtCarryingValue