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BUSINESS SEGMENTS | 12 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
BUSINESS SEGMENTS | BUSINESS SEGMENTS The Company has five reportable segments based on its management structure. Each segment is global in nature with a manager responsible for segment operational performance and the allocation of capital within the segment. Net corporate expense is net of certain service‑related expenses that are allocated to business units generally on the basis of employee headcounts and sales dollars. Reportable segments are as follows: ENGINEERED SUPPORT STRUCTURES: This segment consists of the manufacture of engineered structures and components for the global lighting and traffic, wireless communication, and roadway safety industries; ENERGY AND MINING: This segment, all outside of the United States, consists of the manufacture of access systems applications, forged steel grinding media, on and off shore oil, gas, and wind energy structures; UTILITY SUPPORT STRUCTURES: This segment consists of the manufacture of engineered steel and concrete structures for the global utility industry; COATINGS: This segment consists of galvanizing, anodizing and powder coating services on a global basis; and IRRIGATION: This segment consists of the manufacture of agricultural irrigation equipment and related parts and services for the global agricultural industry and tubular products for industrial customers. In addition to these five reportable segments, the Company had other businesses and activities that individually are not more than 10% of consolidated sales. Due to the business reorganization that occurred in the fourth quarter of 2015, there are no longer business operations included in Other. The accounting policies of the reportable segments are the same as those described in Note 1. The Company evaluates the performance of its business segments based upon operating income and invested capital. The Company does not allocate interest expense, non-operating income and deductions, or income taxes to its business segments. (19) BUSINESS SEGMENTS (Continued) Summary by Business
| 2016 |  | 2015 |  | 2014
SALES: |  |  |  |  |
Engineered Support Structures segment: |  |  |  |  |
Lighting, Traffic, and Roadway Products | $ | 632,455 |  |  | $ | 600,280 |  |  | $ | 648,352 |
Communication Products | 168,070 |  |  | 171,173 |  |  | 161,618 |
Engineered Support Structures segment | 800,525 |  |  | 771,453 |  |  | 809,970 |
Energy and Mining segment: |  |  |  |  |  |  |  |
Offshore and Other Complex Steel Structures | 107,824 |  |  | 103,068 |  |  | 146,432 |
Grinding Media | 83,110 |  |  | 96,442 |  |  | 116,056 |
Access Systems | 131,703 |  |  | 138,349 |  |  | 181,495 |
Energy and Mining segment | 322,637 |  |  | 337,859 |  |  | 443,983 |
Utility Support Structures segment: |  |  |  |  |
Steel | 541,295 |  |  | 578,996 |  |  | 714,427 |
Concrete | 90,256 |  |  | 95,581 |  |  | 110,589 |
Utility Support Structures segment | 631,551 |  |  | 674,577 |  |  | 825,016 |
Coatings segment | 289,481 |  |  | 302,385 |  |  | 333,853 |
Irrigation segment | 575,204 |  |  | 612,201 |  |  | 846,326 |
Other | — |  |  | 7,247 |  |  | 10,108 |
Total | 2,619,398 |  |  | 2,705,722 |  |  | 3,269,256 |
INTERSEGMENT SALES: |  |  |  |  |
Engineered Support Structures | 36,013 |  |  | 23,003 |  |  | 74,963 |
Energy and Mining | 8,105 |  |  | 4,652 |  |  | 295 |
Utility Support Structures | 769 |  |  | 1,239 |  |  | 2,451 |
Coatings | 45,604 |  |  | 46,912 |  |  | 55,418 |
Irrigation | 7,231 |  |  | 6,430 |  |  | 6,609 |
Other | — |  |  | 4,562 |  |  | 6,377 |
Total | 97,722 |  |  | 86,798 |  |  | 146,113 |
NET SALES: |  |  |  |  |
Engineered Support Structures segment | 764,512 |  |  | 748,450 |  |  | 735,007 |
Energy and Mining segment | 314,532 |  |  | 333,207 |  |  | 443,688 |
Utility Support Structures segment | 630,782 |  |  | 673,338 |  |  | 822,565 |
Coatings segment | 243,877 |  |  | 255,473 |  |  | 278,435 |
Irrigation segment | 567,973 |  |  | 605,771 |  |  | 839,717 |
Other | — |  |  | 2,685 |  |  | 3,731 |
Total | $ | 2,521,676 |  |  | $ | 2,618,924 |  |  | $ | 3,123,143 |
(19) BUSINESS SEGMENTS (Continued)
| 2016 |  | 2015 |  | 2014
OPERATING INCOME (LOSS): |  |  |  |  |
Engineered Support Structures | $ | 71,398 |  |  | $ | 59,592 |  |  | $ | 66,024 |
Energy and Mining | 11,851 |  |  | (18,762 | ) |  | 41,342 |
Utility Support Structures | 69,077 |  |  | 37,847 |  |  | 95,118 |
Coatings | 46,596 |  |  | 27,369 |  |  | 60,921 |
Irrigation | 87,835 |  |  | 84,537 |  |  | 151,508 |
Other | — |  |  | (9,802 | ) |  | (1,535 | )
Corporate | (43,253 | ) |  | (49,086 | ) |  | (55,662 | )
Total | 243,504 |  |  | 131,695 |  |  | 357,716 |
Interest expense, net | (41,304 | ) |  | (41,325 | ) |  | (30,744 | )
Costs associated with refinancing of debt | — |  |  | — |  |  | (38,705 | )
Other | 18,254 |  |  | 2,637 |  |  | (4,084 | )
Earnings before income taxes and equity in earnings of nonconsolidated subsidiaries | $ | 220,454 |  |  | $ | 93,007 |  |  | $ | 284,183 |
TOTAL ASSETS: |  |  |  |  |
Engineered Support Structures | $ | 610,366 |  |  | $ | 611,201 |  |  | $ | 640,132 |
Energy and Mining | 364,658 |  |  | 396,366 |  |  | 500,407 |
Utility Support Structures | 410,448 |  |  | 422,021 |  |  | 470,720 |
Coatings | 274,666 |  |  | 270,793 |  |  | 301,707 |
Irrigation | 313,982 |  |  | 310,967 |  |  | 360,883 |
Other | — |  |  | 2,267 |  |  | 4,930 |
Corporate | 417,611 |  |  | 378,767 |  |  | 443,176 |
Total | $ | 2,391,731 |  |  | $ | 2,392,382 |  |  | $ | 2,721,955 |
CAPITAL EXPENDITURES: |  |  |  |  |
Engineered Support Structures | $ | 16,045 |  |  | $ | 11,445 |  |  | $ | 11,849 |
Energy and Mining | 3,427 |  |  | 3,544 |  |  | 4,893 |
Utility Support Structures | 3,411 |  |  | 11,815 |  |  | 9,014 |
Coatings | 24,873 |  |  | 6,836 |  |  | 14,029 |
Irrigation | 8,836 |  |  | 7,756 |  |  | 21,113 |
Other | — |  |  | 1,396 |  |  | 1,181 |
Corporate | 1,328 |  |  | 2,676 |  |  | 10,944 |
Total | $ | 57,920 |  |  | $ | 45,468 |  |  | $ | 73,023 |
(19) BUSINESS SEGMENTS (Continued)
| 2016 |  | 2015 |  | 2014
DEPRECIATION AND AMORTIZATION: |  |  |  |  |
Engineered Support Structures | $ | 21,048 |  |  | $ | 22,810 |  |  | $ | 22,363 |
Energy and Mining | 17,425 |  |  | 20,733 |  |  | 22,146 |
Utility Support Structures | 16,492 |  |  | 17,959 |  |  | 17,811 |
Coatings | 12,883 |  |  | 12,962 |  |  | 14,615 |
Irrigation | 12,097 |  |  | 11,746 |  |  | 10,471 |
Other | — |  |  | 570 |  |  | 123 |
Corporate | 2,472 |  |  | 4,364 |  |  | 1,799 |
Total | $ | 82,417 |  |  | $ | 91,144 |  |  | $ | 89,328 |
Summary by Geographical Area by Location of Valmont Facilities:
| 2016 |  | 2015 |  | 2014
NET SALES: |  |  |  |  |
United States | $ | 1,535,321 |  |  | $ | 1,586,702 |  |  | $ | 1,808,427 |
Australia | 315,470 |  |  | 347,975 |  |  | 439,530 |
Denmark | 99,719 |  |  | 98,628 |  |  | 146,432 |
Other | 571,166 |  |  | 585,619 |  |  | 728,754 |
Total | $ | 2,521,676 |  |  | $ | 2,618,924 |  |  | $ | 3,123,143 |
LONG-LIVED ASSETS: |  |  |  |  |
United States | $ | 568,085 |  |  | $ | 575,737 |  |  | $ | 609,005 |
Australia | 216,416 |  |  | 259,326 |  |  | 316,382 |
Denmark | 85,654 |  |  | 90,463 |  |  | 111,161 |
Other | 268,360 |  |  | 240,004 |  |  | 292,466 |
Total | $ | 1,138,515 |  |  | $ | 1,165,530 |  |  | $ | 1,329,014 |
No single customer accounted for more than 10% of net sales in 2016, 2015, or 2014. Net sales by geographical area are based on the location of the facility producing the sales and do not include sales to other operating units of the company. While Australia accounted for approximately 13% of the Company's net sales in 2016, no other foreign country accounted for more than 5% of the Company’s net sales. Operating income by business segment are based on net sales less identifiable operating expenses and allocations and includes profits recorded on sales to other operating units of the company. Long-lived assets consist of property, plant and equipment, net of depreciation, goodwill, other intangible assets and other assets. Long-lived assets by geographical area are based on location of facilities.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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