XML 25 R40.htm IDEA: XBRL DOCUMENT v3.2.0.727
GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION (Details 2) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Jun. 27, 2015
Jun. 28, 2014
Condensed consolidated financial information for the Company (Parent), the guarantor subsidiaries and the non-guarantor subsidiaries        
Net earnings $ 29,439 $ 65,852 $ 60,946 $ 122,415
Foreign currency translation adjustments:        
Unrealized translation gain (loss) 18,328 13,869 (39,850) 25,506
Unrealized gain/(loss) on cash flow hedge:        
Amortization cost included in interest expense 19 (33) 37 67
Gain on cash flow hedges 751   1,045  
Actuarial gain (loss) in defined benefit pension plan liability   (614)   (847)
Other comprehensive income (loss) 19,098 13,222 (38,768) 24,726
Comprehensive income (loss) 48,537 79,074 22,178 147,141
Comprehensive loss (income) attributable to noncontrolling interests (1,968) (1,792) (641) (1,704)
Comprehensive income (loss) attributable to Valmont Industries, Inc. 46,569 77,282 21,537 145,437
Parent        
Condensed consolidated financial information for the Company (Parent), the guarantor subsidiaries and the non-guarantor subsidiaries        
Net earnings 27,873 63,976 58,612 119,956
Unrealized gain/(loss) on cash flow hedge:        
Amortization cost included in interest expense 19 100 37 200
Gain on cash flow hedges (301)   (209)  
Equity in other comprehensive income 18,978 13,206 (36,903) 25,281
Other comprehensive income (loss) 18,696 13,306 (37,075) 25,481
Comprehensive income (loss) 46,569 77,282 21,537 145,437
Comprehensive income (loss) attributable to Valmont Industries, Inc. 46,569 77,282 21,537 145,437
Guarantors        
Condensed consolidated financial information for the Company (Parent), the guarantor subsidiaries and the non-guarantor subsidiaries        
Net earnings 8,580 21,402 18,524 37,086
Foreign currency translation adjustments:        
Unrealized translation gain (loss) 76 (126) (8,812) 1,063
Unrealized gain/(loss) on cash flow hedge:        
Other comprehensive income (loss) 76 (126) (8,812) 1,063
Comprehensive income (loss) 8,656 21,276 9,712 38,149
Comprehensive income (loss) attributable to Valmont Industries, Inc. 8,656 21,276 9,712 38,149
Non-Guarantors        
Condensed consolidated financial information for the Company (Parent), the guarantor subsidiaries and the non-guarantor subsidiaries        
Net earnings 11,784 27,420 24,834 37,107
Foreign currency translation adjustments:        
Unrealized translation gain (loss) 18,252 13,995 (31,038) 24,443
Unrealized gain/(loss) on cash flow hedge:        
Amortization cost included in interest expense   (133)   (133)
Gain on cash flow hedges 1,052   1,254  
Actuarial gain (loss) in defined benefit pension plan liability   (614)   (847)
Other comprehensive income (loss) 19,304 13,248 (29,784) 23,463
Comprehensive income (loss) 31,088 40,668 (4,950) 60,570
Comprehensive loss (income) attributable to noncontrolling interests (1,968) (1,792) (641) (1,704)
Comprehensive income (loss) attributable to Valmont Industries, Inc. 29,120 38,876 (5,591) 58,866
Eliminations        
Condensed consolidated financial information for the Company (Parent), the guarantor subsidiaries and the non-guarantor subsidiaries        
Net earnings (18,798) (46,946) (41,024) (71,734)
Unrealized gain/(loss) on cash flow hedge:        
Equity in other comprehensive income (18,978) (13,206) 36,903 (25,281)
Other comprehensive income (loss) (18,978) (13,206) 36,903 (25,281)
Comprehensive income (loss) (37,776) (60,152) (4,121) (97,015)
Comprehensive income (loss) attributable to Valmont Industries, Inc. $ (37,776) $ (60,152) $ (4,121) $ (97,015)