ACQUISITIONS (Tables)

3 Months Ended

Mar. 28, 2015

Valmont SM, AgSense, Locker, Armorflex and Shakespeare acquisitions

Pro forma results of operations

	Thirteen weeks Ended March 29, 2014
Net sales	$	800,265
Net earnings	$	58,692
Earnings per share—diluted	$	2.18

Valmont SM

Summary of preliminary fair values of the assets acquired and liabilities assumed

	At March 3, 2014
Current assets	$	73,421
Property, plant and equipment		85,645
Intangible assets		30,340
Goodwill		14,317
Total fair value of assets acquired	$	203,723
Current liabilities		50,953
Deferred income taxes		14,114
Intercompany note payable		37,448
Long-term debt		8,941
Total fair value of liabilities assumed		111,456
Non-controlling interests		9,232
Net assets acquired	$	83,035

Summary of the major classes of acquired intangible assets and the respective weighted average amortization periods

	Amount		Weighted Average Amortization Period (Years)
Trade Names	$	11,470		Indefinite
Backlog		3,145		1.5
Customer Relationships		15,725		12.0
Total Intangible Assets	$	30,340

Shakespeare

Summary of preliminary fair values of the assets acquired and liabilities assumed

	At October 6, 2014
Current assets	$	12,532
Property, plant and equipment		10,694
Intangible assets		13,500
Goodwill		15,416
Total fair value of assets acquired	$	52,142
Current liabilities		3,870
Net assets acquired	$	48,272

Summary of the major classes of acquired intangible assets and the respective weighted average amortization periods

	Amount		Weighted Average Amortization Period (Years)
Trade Names	$	4,000		Indefinite
Customer Relationships		9,500		12.0
Total Intangible Assets	$	13,500