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ACQUISITIONS (Details) $ / shares in Units, $ in Thousands |  |  |  | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | --- | ---
Oct. 06, 2014 USD ($) facility | Aug. 25, 2014 USD ($) | Mar. 03, 2014 USD ($) item | Jun. 27, 2015 USD ($) | Jun. 28, 2014 USD ($) $ / shares | Jun. 27, 2015 USD ($) | Jun. 28, 2014 USD ($) $ / shares | Dec. 27, 2014 USD ($)
Fair values of the assets acquired and liabilities assumed |  |  |  |  |  |  |  |
Goodwill |  |  |  | $ 380,086 |  | $ 380,086 |  | $ 385,111
Pro forma results of operations |  |  |  |  |  |  |  |
Net sales |  |  |  |  | $ 858,068 |  | $ 1,658,333 |
Net earnings |  |  |  |  | $ 64,525 |  | $ 123,441 |
Earnings per share-diluted | $ / shares |  |  |  |  | $ 2.40 |  | $ 4.59 |
Valmont SM, AgSense, Locker, Armorflex and Shakespeare acquisitions |  |  |  |  |  |  |  |
Net sales and net earnings included in Consolidated Statements of Earnings |  |  |  |  |  |  |  |
Net sales included in Consolidated Statements of Earnings |  |  |  | 44,271 |  | 86,195 |  |
Net earnings included in Consolidated Statements of Earnings |  |  |  | $ 2,935 |  | $ 4,933 |  |
Valmont SM |  |  |  |  |  |  |  |
Acquisitions |  |  |  |  |  |  |  |
Ownership percentage acquired |  |  | 90.00% |  |  |  |  |
Annual sales |  |  | $ 190,000 |  |  |  |  |
Number of manufacturing locations operated | item |  |  | 2 |  |  |  |  |
Cash acquired |  |  | $ 56 |  |  |  |  |
Cash paid for acquisition |  |  | 120,483 |  |  |  |  |
Fair value of contingent consideration |  |  | 0 |  |  |  |  |
Fair values of the assets acquired and liabilities assumed |  |  |  |  |  |  |  |
Current assets |  |  | 73,421 |  |  |  |  |
Property, plant and equipment |  |  | 85,638 |  |  |  |  |
Intangible assets |  |  | 30,340 |  |  |  |  |
Goodwill |  |  | 16,803 |  |  |  |  |
Total fair value of assets acquired |  |  | 206,202 |  |  |  |  |
Current liabilities |  |  | 47,754 |  |  |  |  |
Deferred income taxes |  |  | 19,715 |  |  |  |  |
Intercompany note payable |  |  | 37,448 |  |  |  |  |
Long-term debt |  |  | 8,941 |  |  |  |  |
Total fair value of liabilities assumed |  |  | 113,858 |  |  |  |  |
Non-controlling interests |  |  | 9,309 |  |  |  |  |
Net assets acquired |  |  | $ 83,035 |  |  |  |  |
Shakespeare |  |  |  |  |  |  |  |
Acquisitions |  |  |  |  |  |  |  |
Annual sales | $ 55,000 |  |  |  |  |  |  |
Number of manufacturing locations operated | facility | 2 |  |  |  |  |  |  |
Cash paid for acquisition | $ 48,272 |  |  |  |  |  |  |
Fair values of the assets acquired and liabilities assumed |  |  |  |  |  |  |  |
Current assets | 12,532 |  |  |  |  |  |  |
Property, plant and equipment | 10,694 |  |  |  |  |  |  |
Intangible assets | 13,500 |  |  |  |  |  |  |
Goodwill | 15,416 |  |  |  |  |  |  |
Total fair value of assets acquired | 52,142 |  |  |  |  |  |  |
Current liabilities | 3,870 |  |  |  |  |  |  |
Net assets acquired | $ 48,272 |  |  |  |  |  |  |
AgSense LLC |  |  |  |  |  |  |  |
Acquisitions |  |  |  |  |  |  |  |
Ownership percentage acquired |  | 51.00% |  |  |  |  |  |
Cash paid for acquisition |  | $ 17,000 |  |  |  |  |  |
Fair values of the assets acquired and liabilities assumed |  |  |  |  |  |  |  |
Goodwill |  | 17,193 |  |  |  |  |  |
Customer relationships, trade name and other intangible assets |  | $ 16,083 |  |  |  |  |  |

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