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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2017
Mar. 26, 2016
Income Statement [Abstract]    
Product sales $ 572,952 $ 532,940
Services sales 64,521 63,665
Net sales 637,473 596,605
Product cost of sales 426,847 393,492
Services cost of sales 46,021 42,144
Total cost of sales 472,868 435,636
Gross profit 164,605 160,969
Selling, general and administrative expenses 100,103 98,604
Operating income 64,502 62,365
Other income (expenses):    
Interest expense (11,304) (11,054)
Interest income 927 811
Other 1,199 (1,678)
Total other income (expenses) (9,178) (11,921)
Earnings before income taxes 55,324 50,444
Income tax expense:    
Current 1,298 10,514
Deferred 14,065 5,759
Total income tax expense (benefit) 15,363 16,273
Earnings before equity in earnings of nonconsolidated subsidiaries 39,961 34,171
Equity in earnings of nonconsolidated subsidiaries 0 0
Net earnings 39,961 34,171
Less: Earnings attributable to noncontrolling interests (982) (1,202)
Net earnings attributable to Valmont Industries, Inc. $ 38,979 $ 32,969
Earnings per share:    
Basic (in dollars per share) $ 1.73 $ 1.45
Diluted (in dollars per share) 1.72 1.45
Cash dividends declared per share (in dollars per share) $ 0.375 $ 0.375
Weighted average number of shares of common stock outstanding - Basic (in shares) 22,472 22,700
Weighted average number of shares of common stock outstanding - Diluted (in shares) 22,660 22,816