XML 62 R39.htm IDEA: XBRL DOCUMENT
v3.6.0.2

GOODWILL AND INTANGIBLE ASSETS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of components of amortized intangible assets | The components of amortized intangible assets at December 31, 2016 and December 26, 2015 were as follows:
| 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 |  |  |
| December 26, 2015
| Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Life
Customer Relationships | $ | 201,801 |  |  | $ | 101,614 |  |  | 13 years
Proprietary Software & Database | 3,571 |  |  | 2,966 |  |  | 8 years
Patents & Proprietary Technology | 6,815 |  |  | 3,421 |  |  | 11 years
Other | 3,752 |  |  | 3,671 |  |  | 3 years
| $ | 215,939 |  |  | $ | 111,672 |  |  |
Schedule of future estimated amortization expense | Estimated annual amortization expense related to finite‑lived intangible assets is as follows:
| Estimated Amortization Expense
2017 | $ | 15,063 |
2018 | 13,434 |
2019 | 12,694 |
2020 | 11,634 |
2021 | 9,586 |
Schedule of non-amortized intangible assets | The carrying values of trade names at December 31, 2016 and December 26, 2015 were as follows: (7) GOODWILL AND INTANGIBLE ASSETS (Continued)
| December 31, 2016 |  | December 26, 2015 |  | Year Acquired
Webforge | $ | 8,624 |  |  | $ | 10,430 |  |  | 2010
Valmont SM | 8,765 |  |  | 8,919 |  |  | 2014
Newmark | 11,111 |  |  | 11,111 |  |  | 2004
Ingal EPS/Ingal Civil Products | 7,032 |  |  | 8,504 |  |  | 2010
Donhad | 5,305 |  |  | 6,415 |  |  | 2010
Shakespeare | 4,000 |  |  | 4,000 |  |  | 2014
Industrial Galvanizers | 2,201 |  |  | 2,662 |  |  | 2010
Other | 13,747 |  |  | 13,889 |  |  |
| $ | 60,785 |  |  | $ | 65,930 |  |  |
Schedule of carrying amount of goodwill | The carrying amount of goodwill by segment as of December 31, 2016 and December 26, 2015 was as follows:
| Engineered Support Structures Segment |  | Energy and Mining Segment |  | Utility Support Structures Segment |  | Coatings Segment |  | Irrigation Segment |  | Total
Gross Balance at December 26, 2015 | $ | 101,275 |  |  | $ | 99,829 |  |  | $ | 75,404 |  |  | $ | 75,941 |  |  | $ | 19,359 |  |  | $ | 371,808 |
Accumulated impairment losses | — |  |  | (18,670 | ) |  | — |  |  | (16,222 | ) |  | — |  |  | (34,892 | )
Balance at December 26, 2015 | 101,275 |  |  | 81,159 |  |  | 75,404 |  |  | 59,719 |  |  | 19,359 |  |  | 336,916 |
Foreign currency translation | (6,961 | ) |  | (8,947 | ) |  | — |  |  | (150 | ) |  | 252 |  |  | (15,806 | )
Balance at December 31, 2016 | $ | 94,314 |  |  | $ | 72,212 |  |  | $ | 75,404 |  |  | $ | 59,569 |  |  | $ | 19,611 |  |  | $ | 321,110 |
(7) GOODWILL AND INTANGIBLE ASSETS (Continued)
| Engineered Support Structures Segment |  | Energy and Mining Segment |  | Utility Support Structures Segment |  | Coatings Segment |  | Irrigation Segment |  | Total
Balance at December 27, 2014 | $ | 107,868 |  |  | $ | 106,770 |  |  | $ | 75,404 |  |  | $ | 75,533 |  |  | $ | 19,536 |  |  | $ | 385,111 |
Impairment | — |  |  | (18,670 | ) |  | — |  |  | (16,222 | ) |  | — |  |  | (34,892 | )
Acquisition | — |  |  | — |  |  | — |  |  | 3,019 |  |  | — |  |  | 3,019 |
Foreign currency translation | (4,856 | ) |  | (6,941 | ) |  | — |  |  | (2,611 | ) |  | (177 | ) |  | (14,585 | )
Divestiture of business | (1,737 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,737 | )
Balance at December 26, 2015 | $ | 101,275 |  |  | $ | 81,159 |  |  | $ | 75,404 |  |  | $ | 59,719 |  |  | $ | 19,359 |  |  | $ | 336,916 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration