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GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 27, 2015

GOODWILL AND INTANGIBLE ASSETS

Components of amortized intangible assets

		June 27, 2015
		Gross Carrying Amount			Accumulated Amortization			Weighted Average Life
Customer Relationships		$	206,053		$	96,178		13 years
Proprietary Software & Database			3,676			2,985		8 years
Patents & Proprietary Technology			13,029			9,290		8 years
Other			3,858			3,486		3 years
​	​	​	​	​	​	​	​	​
		$	226,616		$	111,939
​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​

		December 27, 2014
		Gross Carrying Amount			Accumulated Amortization			Weighted Average Life
Customer Relationships		$	207,509		$	88,538		13 years
Proprietary Software & Database			3,769			2,977		8 years
Patents & Proprietary Technology			12,394			8,537		8 years
Other			4,355			2,998		3 years
​	​	​	​	​	​	​	​	​
		$	228,027		$	103,050
​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​

Amortization expense for intangible assets

Thirteen Weeks Ended						Twenty-six Weeks Ended
2015			2014			2015			2014
$	4,737		$	4,634		$	9,650		$	8,737

Schedule of future estimated amortization expense

		Estimated Amortization Expense
2015		$	18,124
2016			16,322
2017			16,276
2018			14,622
2019			13,795

Non-amortized intangible assets

		June 27, 2015			December 27, 2014			Year Acquired
Webforge		$	16,997		$	16,801			2010
Valmont SM			9,294			10,818			2014
Newmark			11,111			11,111			2004
Ingal EPS/Ingal Civil Products			8,971			8,867			2010
Donhad			6,767			6,689			2010
Shakespeare			4,000			4,000			2014
Industrial Galvanizers			3,935			3,889			2010
Other			14,140			14,852
​	​	​	​	​	​	​	​	​	​	​
		$	75,215		$	77,027
​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​

Carrying amount of goodwill

Engineered Infrastructure Products Segment

Utility Support Structures Segment

Coatings Segment

Irrigation Segment

Other

Total

Balance at December 27, 2014

$

197,074

$

75,404

$

74,862

$

19,536

$

18,235

$

385,111

Impairment

(1,737

)

—

—

—

—

(1,737

)

Foreign currency translation

(2,789

)

—

(634

)

(78

)

213

(3,288

)

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Balance at June 27, 2015

$

192,548

$

75,404

$

74,228

$

19,458

$

18,448

$

380,086

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