XML 76 R66.htm IDEA: XBRL DOCUMENT
v3.19.2

GUARANTOR/NON-GUARANTOR FINANCIAL INFORMATION - Condensed Consolidated Statements of Cash Flows (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 29, 2019 | Jun. 30, 2018 | Jun. 29, 2019 | Jun. 30, 2018
Cash flows from operating activities: |  |  |  |
Net earnings | $ 42,346 | $ 34,680 | $ 79,801 | $ 75,160
Adjustments to reconcile net earnings to net cash flows from operations: |  |  |  |
Depreciation and amortization |  |  | 40,583 | 41,657
Noncash loss on trading securities |  |  | 28 | 229
Impairment of property, plant and equipment |  |  | 0 | 2,791
Loss on divestiture of grinding media business | 0 | 6,084 | 0 | 6,084
Stock-based compensation |  |  | 6,370 | 5,374
Defined benefit pension plan benefit |  |  | (259) | (1,159)
Contribution to defined benefit pension plan |  |  | (13,682) | (731)
Gain on sale of property, plant and equipment |  |  | (278) | (287)
Equity in earnings in nonconsolidated subsidiaries | 0 | 0 | 0 | 0
Deferred income taxes | (3,952) | (2,319) | 5,710 | 2,500
Changes in assets and liabilities: |  |  |  |
Net working capital |  |  | 7,677 | (73,192)
Other noncurrent liabilities |  |  | (5,582) | (480)
Income taxes payable (refundable) |  |  | (6,931) | (4,288)
Net cash flows from operating activities |  |  | 113,437 | 53,658
Cash flows from investing activities: |  |  |  |
Purchase of property, plant and equipment |  |  | (49,310) | (31,816)
Proceeds from sale of assets |  |  | 466 | 64,393
Acquisitions, net of cash acquired |  |  | (81,841) | (9,300)
Settlement of net investment hedge |  |  | 11,184 | (1,621)
Other, net |  |  | 3,893 | 2,404
Net cash flows from investing activities |  |  | (115,608) | 24,060
Cash flows from financing activities: |  |  |  |
Proceeds from short-term agreements |  |  | 9,886 | 130
Proceeds from long-term borrowings |  |  | 31,000 | 237,641
Principal payments on long-term borrowings |  |  | (10,386) | (495)
Settlement of financial derivatives |  |  | 0 | (2,467)
Debt issuance costs |  |  | 0 | (2,322)
Principal payments on long-term intercompany note |  |  | 0 |
Dividends paid |  |  | (16,425) | (17,003)
Dividends to noncontrolling interest |  |  | (4,459) | (4,852)
Intercompany dividends |  |  | 0 | 0
Purchase of noncontrolling interest |  |  | (27,845) | (5,510)
Intercompany capital contribution |  |  | 0 | 0
Purchase of treasury shares |  |  | (38,350) | (43,999)
Proceeds from exercises under stock plans |  |  | 1,744 | 5,711
Purchase of common treasury shares - stock plan exercises |  |  | (827) | (1,769)
Net cash flows from financing activities |  |  | (55,662) | 165,065
Effect of exchange rate changes on cash and cash equivalents |  |  | 1,567 | (13,000)
Net change in cash and cash equivalents |  |  | (56,266) | 229,783
Cash, cash equivalents, and restricted cash—beginning of year |  |  | 313,210 | 492,805
Cash, cash equivalents, and restricted cash—end of year | 256,944 | 722,588 | 256,944 | 722,588
Eliminations |  |  |  |
Cash flows from operating activities: |  |  |  |
Net earnings | (21,286) | (52,879) | (51,760) | (78,620)
Adjustments to reconcile net earnings to net cash flows from operations: |  |  |  |
Depreciation and amortization |  |  | 0 | 0
Noncash loss on trading securities |  |  | 0 | 0
Impairment of property, plant and equipment |  |  |  | 0
Loss on divestiture of grinding media business |  | 0 |  | 0
Stock-based compensation |  |  | 0 | 0
Defined benefit pension plan benefit |  |  | 0 | 0
Contribution to defined benefit pension plan |  |  | 0 | 0
Gain on sale of property, plant and equipment |  |  | 0 | 0
Equity in earnings in nonconsolidated subsidiaries | 20,785 | 52,460 | 51,578 | 79,776
Deferred income taxes |  |  | 0 | 0
Changes in assets and liabilities: |  |  |  |
Net working capital |  |  | 175 | (1,244)
Other noncurrent liabilities |  |  | 0 | 0
Income taxes payable (refundable) |  |  | (909) | 0
Net cash flows from operating activities |  |  | (916) | (88)
Cash flows from investing activities: |  |  |  |
Purchase of property, plant and equipment |  |  | 0 | 0
Proceeds from sale of assets |  |  | 0 | 0
Acquisitions, net of cash acquired |  |  | 0 | 0
Settlement of net investment hedge |  |  | 0 | 0
Other, net |  |  | 916 | 88
Net cash flows from investing activities |  |  | 916 | 88
Cash flows from financing activities: |  |  |  |
Proceeds from short-term agreements |  |  | 0 | 0
Proceeds from long-term borrowings |  |  | 0 | 0
Principal payments on long-term borrowings |  |  | 0 | 0
Settlement of financial derivatives |  |  |  | 0
Debt issuance costs |  |  |  | 0
Principal payments on long-term intercompany note |  |  | 0 |
Dividends paid |  |  | 0 | 0
Dividends to noncontrolling interest |  |  | 0 | 0
Intercompany dividends |  |  | 0 | 0
Purchase of noncontrolling interest |  |  | 0 | 0
Intercompany capital contribution |  |  | 0 | 0
Purchase of treasury shares |  |  | 0 | 0
Proceeds from exercises under stock plans |  |  | 0 | 0
Purchase of common treasury shares - stock plan exercises |  |  | 0 | 0
Net cash flows from financing activities |  |  | 0 | 0
Effect of exchange rate changes on cash and cash equivalents |  |  | 0 | 0
Net change in cash and cash equivalents |  |  | 0 | 0
Cash, cash equivalents, and restricted cash—beginning of year |  |  | 0 | 0
Cash, cash equivalents, and restricted cash—end of year | 0 | 0 | 0 | 0
Parent |  |  |  |
Cash flows from operating activities: |  |  |  |
Net earnings | 41,397 | 32,960 | 77,878 | 72,241
Adjustments to reconcile net earnings to net cash flows from operations: |  |  |  |
Depreciation and amortization |  |  | 13,094 | 12,871
Noncash loss on trading securities |  |  | 0 | 0
Impairment of property, plant and equipment |  |  |  | 0
Loss on divestiture of grinding media business |  | 2,518 |  | 2,518
Stock-based compensation |  |  | 6,370 | 5,374
Defined benefit pension plan benefit |  |  | 0 | 0
Contribution to defined benefit pension plan |  |  | 0 | 0
Gain on sale of property, plant and equipment |  |  | 132 | 10
Equity in earnings in nonconsolidated subsidiaries | (17,903) | (21,291) | (44,752) | (45,878)
Deferred income taxes |  |  | 1,317 | 3,343
Changes in assets and liabilities: |  |  |  |
Net working capital |  |  | 15,058 | (15,781)
Other noncurrent liabilities |  |  | 3,596 | 640
Income taxes payable (refundable) |  |  | (265) | (11,054)
Net cash flows from operating activities |  |  | 72,428 | 24,284
Cash flows from investing activities: |  |  |  |
Purchase of property, plant and equipment |  |  | (26,526) | (10,051)
Proceeds from sale of assets |  |  | 6 | 5
Acquisitions, net of cash acquired |  |  | 0 | 0
Settlement of net investment hedge |  |  | 11,184 | (1,621)
Other, net |  |  | (68,443) | 6,335
Net cash flows from investing activities |  |  | (83,779) | (5,332)
Cash flows from financing activities: |  |  |  |
Proceeds from short-term agreements |  |  | 0 | 0
Proceeds from long-term borrowings |  |  | 31,000 | 237,641
Principal payments on long-term borrowings |  |  | (10,000) | 0
Settlement of financial derivatives |  |  |  | (2,467)
Debt issuance costs |  |  |  | (2,322)
Principal payments on long-term intercompany note |  |  | 0 |
Dividends paid |  |  | (16,425) | (17,003)
Dividends to noncontrolling interest |  |  | 0 | 0
Intercompany dividends |  |  | 63,650 | 75,325
Purchase of noncontrolling interest |  |  | (22,805) | 0
Intercompany capital contribution |  |  | (13,284) | (3,492)
Purchase of treasury shares |  |  | (38,350) | (43,999)
Proceeds from exercises under stock plans |  |  | 1,744 | 5,711
Purchase of common treasury shares - stock plan exercises |  |  | (827) | (1,769)
Net cash flows from financing activities |  |  | (5,297) | 247,625
Effect of exchange rate changes on cash and cash equivalents |  |  | 0 | 0
Net change in cash and cash equivalents |  |  | (16,648) | 266,577
Cash, cash equivalents, and restricted cash—beginning of year |  |  | 104,256 | 83,329
Cash, cash equivalents, and restricted cash—end of year | 87,608 | 349,906 | 87,608 | 349,906
Guarantors |  |  |  |
Cash flows from operating activities: |  |  |  |
Net earnings | 10,459 | 44,967 | 34,020 | 55,956
Adjustments to reconcile net earnings to net cash flows from operations: |  |  |  |
Depreciation and amortization |  |  | 6,888 | 7,063
Noncash loss on trading securities |  |  | 0 | 0
Impairment of property, plant and equipment |  |  |  | 0
Loss on divestiture of grinding media business |  | 0 |  | 0
Stock-based compensation |  |  | 0 | 0
Defined benefit pension plan benefit |  |  | 0 | 0
Contribution to defined benefit pension plan |  |  | 0 | 0
Gain on sale of property, plant and equipment |  |  | 44 | (7)
Equity in earnings in nonconsolidated subsidiaries | (2,882) | (31,169) | (6,826) | (33,898)
Deferred income taxes |  |  | 0 | 1,791
Changes in assets and liabilities: |  |  |  |
Net working capital |  |  | (29,557) | (43,990)
Other noncurrent liabilities |  |  | (5,461) | 0
Income taxes payable (refundable) |  |  | (1,819) | (843)
Net cash flows from operating activities |  |  | (2,711) | (13,928)
Cash flows from investing activities: |  |  |  |
Purchase of property, plant and equipment |  |  | (3,213) | (6,770)
Proceeds from sale of assets |  |  | 38 | 209
Acquisitions, net of cash acquired |  |  | (63,141) | 0
Settlement of net investment hedge |  |  | 0 | 0
Other, net |  |  | 64,103 | 13,752
Net cash flows from investing activities |  |  | (2,213) | 7,191
Cash flows from financing activities: |  |  |  |
Proceeds from short-term agreements |  |  | 0 | 0
Proceeds from long-term borrowings |  |  | 0 | 0
Principal payments on long-term borrowings |  |  | 0 | 0
Settlement of financial derivatives |  |  |  | 0
Debt issuance costs |  |  |  | 0
Principal payments on long-term intercompany note |  |  | (42,574) |
Dividends paid |  |  | 0 | 0
Dividends to noncontrolling interest |  |  | 0 | 0
Intercompany dividends |  |  | 47,541 | 11,296
Purchase of noncontrolling interest |  |  | 0 | 0
Intercompany capital contribution |  |  | 0 | 3,492
Purchase of treasury shares |  |  | 0 | 0
Proceeds from exercises under stock plans |  |  | 0 | 0
Purchase of common treasury shares - stock plan exercises |  |  | 0 | 0
Net cash flows from financing activities |  |  | 4,967 | 14,788
Effect of exchange rate changes on cash and cash equivalents |  |  | 54 | (657)
Net change in cash and cash equivalents |  |  | 97 | 7,394
Cash, cash equivalents, and restricted cash—beginning of year |  |  | 5,518 | 5,304
Cash, cash equivalents, and restricted cash—end of year | 5,615 | 12,698 | 5,615 | 12,698
Non- Guarantors |  |  |  |
Cash flows from operating activities: |  |  |  |
Net earnings | 11,776 | 9,632 | 19,663 | 25,583
Adjustments to reconcile net earnings to net cash flows from operations: |  |  |  |
Depreciation and amortization |  |  | 20,601 | 21,723
Noncash loss on trading securities |  |  | 28 | 229
Impairment of property, plant and equipment |  |  |  | 2,791
Loss on divestiture of grinding media business |  | 3,566 |  | 3,566
Stock-based compensation |  |  | 0 | 0
Defined benefit pension plan benefit |  |  | (259) | (1,159)
Contribution to defined benefit pension plan |  |  | (13,682) | (731)
Gain on sale of property, plant and equipment |  |  | (454) | (290)
Equity in earnings in nonconsolidated subsidiaries | 0 | 0 | 0 | 0
Deferred income taxes |  |  | 4,393 | (2,634)
Changes in assets and liabilities: |  |  |  |
Net working capital |  |  | 22,001 | (12,177)
Other noncurrent liabilities |  |  | (3,717) | (1,120)
Income taxes payable (refundable) |  |  | (3,938) | 7,609
Net cash flows from operating activities |  |  | 44,636 | 43,390
Cash flows from investing activities: |  |  |  |
Purchase of property, plant and equipment |  |  | (19,571) | (14,995)
Proceeds from sale of assets |  |  | 422 | 64,179
Acquisitions, net of cash acquired |  |  | (18,700) | (9,300)
Settlement of net investment hedge |  |  | 0 | 0
Other, net |  |  | 7,317 | (17,771)
Net cash flows from investing activities |  |  | (30,532) | 22,113
Cash flows from financing activities: |  |  |  |
Proceeds from short-term agreements |  |  | 9,886 | 130
Proceeds from long-term borrowings |  |  | 0 | 0
Principal payments on long-term borrowings |  |  | (386) | (495)
Settlement of financial derivatives |  |  |  | 0
Debt issuance costs |  |  |  | 0
Principal payments on long-term intercompany note |  |  | 42,574 |
Dividends paid |  |  | 0 | 0
Dividends to noncontrolling interest |  |  | (4,459) | (4,852)
Intercompany dividends |  |  | (111,191) | (86,621)
Purchase of noncontrolling interest |  |  | (5,040) | (5,510)
Intercompany capital contribution |  |  | 13,284 | 0
Purchase of treasury shares |  |  | 0 | 0
Proceeds from exercises under stock plans |  |  | 0 | 0
Purchase of common treasury shares - stock plan exercises |  |  | 0 | 0
Net cash flows from financing activities |  |  | (55,332) | (97,348)
Effect of exchange rate changes on cash and cash equivalents |  |  | 1,513 | (12,343)
Net change in cash and cash equivalents |  |  | (39,715) | (44,188)
Cash, cash equivalents, and restricted cash—beginning of year |  |  | 203,436 | 404,172
Cash, cash equivalents, and restricted cash—end of year | $ 163,721 | $ 359,984 | $ 163,721 | $ 359,984

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

X
- Definition Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3044-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586 + Details
Name: | us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 230 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585 + Details
Name: | us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 6.I.7) -URI http://asc.fasb.org/extlink&oid=34349781&loc=d3e330036-122817 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
Name: | us-gaap_DeferredIncomeTaxExpenseBenefit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationDepletionAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 230 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906 + Details
Name: | us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of gain (loss) from sale and disposal of integrated set of activities and assets capable of being conducted and managed for purpose of providing return in form of dividend, lower cost, or other economic benefit to investor, owner, member and participant. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4582445-111684 + Details
Name: | us-gaap_GainLossOnSaleOfBusiness
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(12)) -URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(10)) -URI http://asc.fasb.org/extlink&oid=114873790&loc=SL114874131-224263 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(13)(f)) -URI http://asc.fasb.org/extlink&oid=114873765&loc=SL114874048-224260 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109237563&loc=d3e33749-111570 + Details
Name: | us-gaap_IncomeLossFromEquityMethodInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

X
- Definition Amount of increase (decrease) in operating liabilities classified as other. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585 + Details
Name: | us-gaap_NetCashProvidedByUsedInFinancingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

X
- Definition Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585 + Details
Name: | us-gaap_NetCashProvidedByUsedInInvestingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

X
- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3536-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 24 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3521-108585 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_NetCashProvidedByUsedInOperatingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition The cash outflow for derivative instruments during the period, which are classified as financing activities, excluding those designated as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3505-108585 + Details
Name: | us-gaap_PaymentsForDerivativeInstrumentFinancingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow or inflow for a financial contract that meets the hedge criteria as either a cash flow hedge, fair value hedge, or hedge of a net investment in a foreign operation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
Name: | us-gaap_PaymentsForProceedsFromHedgeInvestingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cash (inflow) outflow from investing activities classified as other. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3213-108585 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3179-108585 + Details
Name: | us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow to reacquire common stock during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsForRepurchaseOfCommonStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDebtIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cash outflow in the form of ordinary dividends to common shareholders of the parent entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDividendsCommonStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cash outflow in the form of ordinary dividends provided by the non-wholly owned subsidiary to noncontrolling interests. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfDividendsMinorityInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow associated with the purchase of noncontrolling interest during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cash outflow for pension benefit. Includes, but is not limited to, employer contribution to fund plan asset and payment to retiree. Excludes other postretirement benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3536-108585 + Details
Name: | us-gaap_PensionContributions
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of cost (reversal of cost) for pension benefits. Excludes other postretirement benefits. + References No definition available. + Details
Name: | us-gaap_PensionExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net cash inflow or outflow for borrowing having initial term of repayment within one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24072-122690 + Details
Name: | us-gaap_ProceedsFromRepaymentsOfShortTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow from the sale of property, plant and equipment (capital expenditures), software, and other intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromSaleOfProductiveAssets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow associated with the amount received from the stock plan during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromStockPlans
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669619-108580 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1B -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669625-108580 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4J -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591551-111686 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3000-108585 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 55 -Paragraph 4K -URI http://asc.fasb.org/extlink&oid=84234705&loc=SL4591552-111686 + Details
Name: | us-gaap_ProfitLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_ShareBasedCompensation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of investments, not including unrealized gains or losses on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, held at each balance sheet date and included in earnings for the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=109223946&loc=d3e3602-108585 + Details
Name: | us-gaap_UnrealizedGainLossOnInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash outflow from the distribution of intercompany dividends. + References No definition available. + Details
Name: | vmi_IncreaseDecreasePaymentsofIntercompanyDividends
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Net working capital + References No definition available. + Details
Name: | vmi_Networkingcapital
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow to reacquire common treasury shares issued under stock plans during the period. + References No definition available. + Details
Name: | vmi_PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Repayment of Long-term Intercompany Note Payable + References No definition available. + Details
Name: | vmi_RepaymentofLongtermIntercompanyNotePayable
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition vmi_ImpairmentOfPropertyPlantAndEquipment + References No definition available. + Details
Name: | vmi_Vmi_ImpairmentOfPropertyPlantAndEquipment
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition vmi_ProceedsFromRepaymentOfIntercompanyCapitalContribution + References No definition available. + Details
Name: | vmi_Vmi_ProceedsFromRepaymentOfIntercompanyCapitalContribution
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_ConsolidationItemsAxis=srt_ConsolidationEliminationsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_GuarantorSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_NonGuarantorSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |