XML 43 R19.htm IDEA: XBRL DOCUMENT v3.2.0.727
ACQUISITIONS (Tables)
6 Months Ended
Jun. 27, 2015
Pro forma results of operations

 

                                                                                                                                                                                    

 

 

Thirteen Weeks Ended
June 28, 2014

 

Twenty-six Weeks Ended
June 28, 2014

 

Net sales

 

$

858,068 

 

$

1,658,333 

 

Net earnings

 

$

64,525 

 

$

123,441 

 

Earnings per share—diluted

 

$

2.40 

 

$

4.59 

 

 

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

 

 

85,638 

 

Intangible assets

 

 

30,340 

 

Goodwill

 

 

16,803 

 

​  

​  

Total fair value of assets acquired

 

$

206,202 

 

​  

​  

Current liabilities

 

 

47,754 

 

Deferred income taxes

 

 

19,715 

 

Intercompany note payable

 

 

37,448 

 

Long-term debt

 

 

8,941 

 

​  

​  

Total fair value of liabilities assumed

 

 

113,858 

 

Non-controlling interests

 

 

9,309 

 

​  

​  

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 

 

 

 

 

​  

​