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GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 25, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of amortized intangible assets
he components of amortized intangible assets at June 25, 2016 and December 26, 2015 were as follows:
 
June 25, 2016
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
198,175

 
$
107,359

 
13 years
Proprietary Software & Database
3,632

 
3,031

 
8 years
Patents & Proprietary Technology
6,922

 
3,687

 
11 years
Other
3,856

 
3,790

 
3 years
 
$
212,585

 
$
117,867

 
 


(4) GOODWILL AND INTANGIBLE ASSETS (Continued)
 
December 26, 2015
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
201,801

 
$
101,614

 
13 years
Proprietary Software & Database
3,571

 
2,966

 
8 years
Patents & Proprietary Technology
6,815

 
3,421

 
11 years
Other
3,752

 
3,671

 
3 years
 
$
215,939

 
$
111,672

 
 
Schedule of amortization expense for intangible assets
Amortization expense for intangible assets for the thirteen and twenty-six weeks ended June 25, 2016 and June 27, 2015, respectively was as follows:
Thirteen Weeks Ended
 
Twenty-six Weeks Ended
2016
 
2015
 
2016
 
2015
$
4,078

 
$
4,737

 
$
8,073

 
$
9,650

Schedule of future estimated amortization expense
Estimated annual amortization expense related to finite‑lived intangible assets is as follows:
 
Estimated
Amortization
Expense
2016
$
15,906

2017
15,624

2018
13,990

2019
13,209

2020
12,158

Schedule of non-amortized intangible assets
The carrying values of trade names at June 25, 2016 and December 26, 2015 were as follows:
 
June 25,
2016
 
December 26,
2015
 
Year Acquired
Webforge
$
9,545

 
$
10,430

 
2010
Valmont SM
9,246

 
8,919

 
2014
Newmark
11,111

 
11,111

 
2004
Ingal EPS/Ingal Civil Products
7,781

 
8,504

 
2010
Donhad
5,870

 
6,415

 
2010
Shakespeare
4,000

 
4,000

 
2014
Industrial Galvanizers
2,436

 
2,662

 
2010
Other
14,107

 
13,889

 
 
 
$
64,096

 
$
65,930

 
 
Schedule of carrying amount of goodwill
The carrying amount of goodwill by segment as of June 25, 2016 and December 26, 2015 was as follows:
 
Engineered
Support
Structures
Segment
 
Energy & Mining Segment
 
Utility
Support
Structures
Segment
 
Coatings
Segment
 
Irrigation
Segment
 
 
Total
Gross goodwill at December 26, 2015
$
101,275

 
$
99,829

 
$
75,404

 
$
75,941

 
$
19,359

 
 
$
371,808

Accumulated impairment losses

 
(18,670
)
 

 
(16,222
)
 

 
 
(34,892
)
Balance at December 26, 2015
$
101,275

 
$
81,159

 
$
75,404

 
$
59,719

 
$
19,359

 
 
$
336,916

Foreign currency translation
(2,589
)
 
(3,200
)
 

 
411

 
65

 
 
(5,313
)
Balance at June 25, 2016
$
98,686

 
$
77,959

 
$
75,404

 
$
60,130


$
19,424

 
 
$
331,603