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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 27, 2015
Dec. 27, 2014
Current assets:    
Cash and cash equivalents $ 317,523 $ 371,579
Receivables, net 491,706 536,918
Inventories 379,897 359,522
Prepaid expenses 56,653 56,912
Refundable and deferred income taxes 44,072 68,010
Total current assets 1,289,851 1,392,941
Property, plant and equipment, at cost 1,123,885 1,139,569
Less accumulated depreciation and amortization 552,908 533,116
Net property, plant and equipment 570,977 606,453
Goodwill 380,086 385,111
Other intangible assets, net 189,892 202,004
Other assets 136,586 143,159
Total assets 2,567,392 2,729,668
Current liabilities:    
Current installments of long-term debt 1,096 1,181
Notes payable to banks 7,914 13,952
Accounts payable 186,421 196,565
Accrued employee compensation and benefits 75,155 87,950
Accrued expenses 89,983 88,480
Dividends payable 8,733 9,086
Total current liabilities 369,302 397,214
Deferred income taxes 62,959 71,797
Long-term debt, excluding current installments 765,272 766,654
Defined benefit pension liability 135,068 150,124
Deferred compensation 51,056 47,932
Other noncurrent liabilities $ 43,142 $ 45,542
Shareholders' equity:    
Preferred stock of $1 par value - Authorized 500,000 shares; none issued    
Common stock of $1 par value - Authorized 75,000,000 shares; issued 27,900,000 shares $ 27,900 $ 27,900
Retained earnings 1,762,534 1,718,662
Accumulated other comprehensive income (loss) (171,508) (134,433)
Treasury stock (525,877) (410,296)
Total Valmont Industries, Inc. shareholders' equity 1,093,049 1,201,833
Noncontrolling interest in consolidated subsidiaries 47,544 48,572
Total shareholders' equity 1,140,593 1,250,405
Total liabilities and shareholders' equity $ 2,567,392 $ 2,729,668