XML 52 R42.htm IDEA: XBRL DOCUMENT
v3.8.0.1

BUSINESS SEGMENTS (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2017 | Sep. 24, 2016 | Sep. 30, 2017 | Sep. 24, 2016
Business Segments |  |  |  |
Net sales | $ 680,779 | $ 610,247 | $ 2,030,989 | $ 1,847,101
Operating income | 59,923 | 53,240 | 202,715 | 187,411
Inventory Valuation [Member] |  |  |  |
Business Segments |  |  |  |
Operating income | (1,626) | (2,066) | (2,839) | (3,192)
Engineered Support Structures Segment |  |  |  |
Business Segments |  |  |  |
Net sales | 209,772 | 193,108 | 571,248 | 554,869
Operating income | 16,226 | 20,323 | 45,683 | 53,615
Energy and Mining Segment |  |  |  |
Business Segments |  |  |  |
Net sales | 79,749 | 81,233 | 234,928 | 231,307
Operating income | 1,417 | 3,941 | 9,195 | 9,184
Utility Support Structures Segment |  |  |  |
Business Segments |  |  |  |
Net sales | 178,528 | 150,391 | 536,545 | 445,894
Operating income | 22,108 | 16,195 | 65,005 | 48,201
Coatings Segment |  |  |  |
Business Segments |  |  |  |
Net sales | 67,680 | 60,003 | 191,612 | 182,183
Operating income | 14,577 | 11,696 | 36,091 | 37,132
Irrigation Segment |  |  |  |
Business Segments |  |  |  |
Net sales | 145,050 | 125,512 | 496,656 | 432,848
Operating income | 18,235 | 15,308 | 83,196 | 75,216
Corporate |  |  |  |
Business Segments |  |  |  |
Operating income | (11,014) | (12,157) | (33,616) | (32,745)
Operating Segment |  |  |  |
Business Segments |  |  |  |
Sales | 711,043 | 633,294 | 2,132,355 | 1,917,732
Operating Segment | Engineered Support Structures Segment |  |  |  |
Business Segments |  |  |  |
Sales | 221,508 | 203,184 | 619,647 | 584,071
Operating Segment | Engineered Support Structures Segment | Lighting, Traffic, and Roadway Products |  |  |  |
Business Segments |  |  |  |
Sales | 175,184 | 159,089 | 498,034 | 468,582
Operating Segment | Engineered Support Structures Segment | Communication Products |  |  |  |
Business Segments |  |  |  |
Sales | 46,324 | 44,095 | 121,613 | 115,489
Operating Segment | Energy and Mining Segment |  |  |  |
Business Segments |  |  |  |
Sales | 79,755 | 81,552 | 234,934 | 234,693
Operating Segment | Energy and Mining Segment | Offshore Structures |  |  |  |
Business Segments |  |  |  |
Sales | 25,046 | 27,330 | 75,372 | 76,207
Operating Segment | Energy and Mining Segment | Grinding Media [Member] |  |  |  |
Business Segments |  |  |  |
Sales | 19,800 | 20,681 | 60,466 | 61,189
Operating Segment | Energy and Mining Segment | Access Systems |  |  |  |
Business Segments |  |  |  |
Sales | 34,909 | 33,541 | 99,096 | 97,297
Operating Segment | Utility Support Structures Segment |  |  |  |
Business Segments |  |  |  |
Sales | 179,759 | 150,667 | 538,993 | 446,432
Operating Segment | Utility Support Structures Segment | Steel |  |  |  |
Business Segments |  |  |  |
Sales | 160,948 | 131,085 | 471,072 | 379,157
Operating Segment | Utility Support Structures Segment | Concrete |  |  |  |
Business Segments |  |  |  |
Sales | 18,811 | 19,582 | 67,921 | 67,275
Operating Segment | Coatings Segment |  |  |  |
Business Segments |  |  |  |
Sales | 82,593 | 70,082 | 235,842 | 213,961
Operating Segment | Irrigation Segment |  |  |  |
Business Segments |  |  |  |
Sales | 147,428 | 127,809 | 502,939 | 438,575
Intersegment |  |  |  |
Business Segments |  |  |  |
Sales | 30,264 | 23,047 | 101,366 | 70,631
Intersegment | Engineered Support Structures Segment |  |  |  |
Business Segments |  |  |  |
Sales | 11,736 | 10,076 | 48,399 | 29,202
Intersegment | Energy and Mining Segment |  |  |  |
Business Segments |  |  |  |
Sales | 6 | 319 | 6 | 3,386
Intersegment | Utility Support Structures Segment |  |  |  |
Business Segments |  |  |  |
Sales | 1,231 | 276 | 2,448 | 538
Intersegment | Coatings Segment |  |  |  |
Business Segments |  |  |  |
Sales | 14,913 | 10,079 | 44,230 | 31,778
Intersegment | Irrigation Segment |  |  |  |
Business Segments |  |  |  |
Sales | $ 2,378 | $ 2,297 | $ 6,283 | $ 5,727

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References No definition available. + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_Revenues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_SalesRevenueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ChangeInAccountingEstimateByTypeAxis=us-gaap_InventoryValuationAndObsolescenceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vmi_EngineeredSupportStructuresSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vmi_EnergyandMiningSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vmi_UtilitySupportStructuresSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vmi_CoatingsSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=vmi_IrrigationSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_MaterialReconcilingItemsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=vmi_LightingAndTrafficMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=vmi_CommunicationStructuresMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=vmi_OffshoreStructuresMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=vmi_GrindingMediaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=vmi_AccessSystemsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=vmi_SteelMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ProductOrServiceAxis=vmi_ConcreteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_IntersegmentEliminationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |