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GOODWILL AND INTANGIBLE ASSETS (Tables)
3 Months Ended
Apr. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of components of amortized intangible assets
he components of amortized intangible assets at April 1, 2017 and December 31, 2016 were as follows:
 
April 1, 2017
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
192,743

 
$
115,792

 
13 years
Proprietary Software & Database
3,671

 
3,089

 
8 years
Patents & Proprietary Technology
6,485

 
3,566

 
11 years
Other
3,749

 
3,713

 
3 years
 
$
206,648

 
$
126,160

 
 
 
December 31, 2016
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Weighted
Average
Life
Customer Relationships
$
191,316

 
$
111,342

 
13 years
Proprietary Software & Database
3,616

 
3,056

 
8 years
Patents & Proprietary Technology
6,434

 
3,420

 
11 years
Other
3,713

 
3,668

 
3 years
 
$
205,079

 
$
121,486

 
 
Schedule of amortization expense for intangible assets
Amortization expense for intangible assets for the thirteen weeks ended April 1, 2017 and March 26, 2016, respectively was as follows:
Thirteen Weeks Ended
2017
 
2016
$
3,863

 
$
3,995

Schedule of future estimated amortization expense
Estimated annual amortization expense related to finite‑lived intangible assets is as follows:
 
Estimated
Amortization
Expense
2017
$
15,243

2018
13,560

2019
12,819

2020
11,749

2021
9,690

Schedule of non-amortized intangible assets
The carrying values of trade names at April 1, 2017 and December 31, 2016 were as follows:
 
April 1,
2017
 
December 31,
2016
 
Year Acquired
Webforge
$
8,770

 
$
8,624

 
2010
Valmont SM
8,874

 
8,765

 
2014
Newmark
11,111

 
11,111

 
2004
Ingal EPS/Ingal Civil Products
7,150

 
7,032

 
2010
Donhad
5,394

 
5,305

 
2010
Shakespeare
4,000

 
4,000

 
2014
Industrial Galvanizers
2,238

 
2,201

 
2010
Other
13,975

 
13,747

 
 
 
$
61,512

 
$
60,785

 
 
Schedule of carrying amount of goodwill
The carrying amount of goodwill by segment as of April 1, 2017 and December 31, 2016 was as follows:
 
Engineered
Support
Structures
Segment
 
Energy & Mining Segment
 
Utility
Support
Structures
Segment
 
Coatings
Segment
 
Irrigation
Segment
 
 
Total
Balance at December 31, 2016
$
94,314

 
$
72,212

 
$
75,404

 
$
59,569

 
$
19,611

 
 
$
321,110

Foreign currency translation
765

 
1,946

 

 
127

 
113

 
 
2,951

Balance at April 1, 2017
$
95,079

 
$
74,158

 
$
75,404

 
$
59,696


$
19,724

 
 
$
324,061