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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 28, 2015
Mar. 29, 2014
Cash flows from operating activities:    
Net earnings $ 31,507us-gaap_ProfitLoss $ 56,563us-gaap_ProfitLoss
Adjustments to reconcile net earnings to net cash flows from operations:    
Depreciation and amortization 23,901us-gaap_DepreciationDepletionAndAmortization 19,601us-gaap_DepreciationDepletionAndAmortization
Noncash loss on trading securities 4,415us-gaap_GainLossOnInvestments 3,386us-gaap_GainLossOnInvestments
Stock-based compensation 1,761us-gaap_ShareBasedCompensation 1,880us-gaap_ShareBasedCompensation
Defined benefit pension plan expense (150)us-gaap_PensionExpense 662us-gaap_PensionExpense
Contribution to defined benefit pension plan (15,735)us-gaap_PensionContributions (17,484)us-gaap_PensionContributions
Gain on sale of property, plant and equipment (136)us-gaap_GainLossOnSaleOfPropertyPlantEquipment (127)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Deferred income taxes 5,164us-gaap_DeferredIncomeTaxExpenseBenefit (2,923)us-gaap_DeferredIncomeTaxExpenseBenefit
Changes in assets and liabilities (net of acquisitions):    
Receivables 18,584us-gaap_IncreaseDecreaseInReceivables 31,668us-gaap_IncreaseDecreaseInReceivables
Inventories (27,041)us-gaap_IncreaseDecreaseInInventories (37,911)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses 4,954us-gaap_IncreaseDecreaseInPrepaidExpense (9,148)us-gaap_IncreaseDecreaseInPrepaidExpense
Accounts payable (1,261)us-gaap_IncreaseDecreaseInAccountsPayable (12,471)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued expenses (5,324)us-gaap_IncreaseDecreaseInAccruedLiabilities (29,889)us-gaap_IncreaseDecreaseInAccruedLiabilities
Other noncurrent liabilities 1,684us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 1,551us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Income taxes refundable 13,205us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 16,559us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Net cash flows from operating activities 55,528us-gaap_NetCashProvidedByUsedInOperatingActivities 21,917us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Purchase of property, plant and equipment (16,615)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (23,526)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of assets 185us-gaap_ProceedsFromSaleOfProductiveAssets 1,391us-gaap_ProceedsFromSaleOfProductiveAssets
Acquisitions, net of cash acquired   (120,483)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Other, net 2,930us-gaap_PaymentsForProceedsFromOtherInvestingActivities (990)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash flows from investing activities (13,500)us-gaap_NetCashProvidedByUsedInInvestingActivities (143,608)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Net borrowings under short-term agreements 1,155us-gaap_ProceedsFromRepaymentsOfShortTermDebt (4,056)us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Principal payments on long-term borrowings (224)us-gaap_RepaymentsOfLongTermDebt (63)us-gaap_RepaymentsOfLongTermDebt
Dividends paid (9,086)us-gaap_PaymentsOfDividendsCommonStock (6,706)us-gaap_PaymentsOfDividendsCommonStock
Dividends to noncontrolling interest (1,290)us-gaap_PaymentsOfDividendsMinorityInterest (351)us-gaap_PaymentsOfDividendsMinorityInterest
Purchase of treasury shares (72,900)us-gaap_PaymentsForRepurchaseOfCommonStock  
Proceeds from exercises under stock plans 1,760us-gaap_ProceedsFromStockPlans 7,860us-gaap_ProceedsFromStockPlans
Excess tax benefits from stock option exercises 345us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 2,296us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Purchase of common treasury shares - stock plan exercises (2,156)vmi_PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises (8,574)vmi_PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises
Net cash flows from financing activities (82,396)us-gaap_NetCashProvidedByUsedInFinancingActivities (9,594)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and cash equivalents (12,845)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 5,774us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net change in cash and cash equivalents (53,213)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (125,511)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents - beginning of year 371,579us-gaap_CashAndCashEquivalentsAtCarryingValue 613,706us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents - end of period $ 318,366us-gaap_CashAndCashEquivalentsAtCarryingValue $ 488,195us-gaap_CashAndCashEquivalentsAtCarryingValue