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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 26, 2015
Dec. 27, 2014
Current assets:    
Cash and cash equivalents $ 312,851 $ 371,579
Receivables, net 501,403 536,918
Inventories 368,290 359,522
Prepaid expenses 52,208 56,912
Refundable and deferred income taxes 44,736 68,010
Total current assets 1,279,488 1,392,941
Property, plant and equipment, at cost 1,083,211 1,139,569
Less accumulated depreciation and amortization 539,976 533,116
Net property, plant and equipment 543,235 606,453
Goodwill 362,683 385,111
Other intangible assets, net 175,157 202,004
Other assets 129,138 143,159
Total assets 2,489,701 2,729,668
Current liabilities:    
Current installments of long-term debt 1,099 1,181
Notes payable to banks 1,496 13,952
Accounts payable 186,581 196,565
Accrued employee compensation and benefits 70,249 87,950
Accrued expenses 104,779 88,480
Dividends payable 8,649 9,086
Total current liabilities 372,853 397,214
Deferred income taxes 66,200 71,797
Long-term debt, excluding current installments 764,823 766,654
Defined benefit pension liability 129,600 150,124
Deferred compensation 48,637 47,932
Other noncurrent liabilities 41,811 45,542
Shareholders’ equity:    
Preferred stock of $1 par value - Authorized 500,000 shares; none issued 0 0
Common stock of $1 par value - Authorized 75,000,000 shares; issued 27,900,000 issued 27,900 27,900
Retained earnings 1,767,621 1,718,662
Accumulated other comprehensive income (loss) (223,007) (134,433)
Treasury stock (552,780) (410,296)
Total Valmont Industries, Inc. shareholders’ equity 1,019,734 1,201,833
Noncontrolling interest in consolidated subsidiaries 46,043 48,572
Total shareholders’ equity 1,065,777 1,250,405
Total liabilities and shareholders’ equity $ 2,489,701 $ 2,729,668