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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 27, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of components of amortized intangible assets | The components of amortized intangible assets at June 27, 2020 and December 28, 2019 were as follows:
| June 27, 2020 |  |  |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Life
Customer Relationships | $ | 230,235 |  |  | $ | 142,425 |  |  | 13 years
Patents & Proprietary Technology | 24,484 |  |  | 7,190 |  |  | 14 years
Other | 7,362 |  |  | 6,604 |  |  | 4 years
| $ | 262,081 |  |  | $ | 156,219 |  |  |
| December 28, 2019 |  |  |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Life
Customer Relationships | $ | 237,626 |  |  | $ | 149,720 |  |  | 13 years
Patents & Proprietary Technology | 24,068 |  |  | 6,358 |  |  | 14 years
Other | 8,054 |  |  | 7,035 |  |  | 5 years
| $ | 269,748 |  |  | $ | 163,113 |  |  |
Schedule of amortization expense for intangible assets | Amortization expense for intangible assets for the thirteen and twenty-six weeks ended June 27, 2020 and June 29, 2019, respectively was as follows:
Thirteen weeks ended |  |  |  | Twenty-six weeks ended |  |
2020 |  | 2019 |  | 2020 |  | 2019
$ | 4,511 |  |  | $ | 4,632 |  |  | $ | 9,103 |  |  | $ | 9,022 |
Schedule of future estimated amortization expense | Estimated annual amortization expense related to finite-lived intangible assets is as follows:
| Estimated Amortization Expense
2020 | $ | 17,214 |
2021 | 14,838 |
2022 | 12,959 |
2023 | 11,116 |
2024 | 9,389 |
Schedule of non-amortized intangible assets | The carrying value of trade names at June 27, 2020 and December 28, 2019 are as follows:
| June 27, 2020 |  | December 28, 2019 |  | Year Acquired
Newmark | $ | 11,111 |  |  | $ | 11,111 |  |  | 2004
Webforge | 7,250 |  |  | 9,143 |  |  | 2010
Convert Italia S.p.A | 8,412 |  |  | 8,378 |  |  | 2018
Valmont SM | 8,010 |  |  | 7,966 |  |  | 2014
Ingal EPS/Ingal Civil Products | 7,029 |  |  | 7,454 |  |  | 2010
Walpar | 3,500 |  |  | 3,500 |  |  | 2018
Shakespeare | 4,000 |  |  | 4,000 |  |  | 2014
Other | 14,570 |  |  | 17,555 |  |  |
| $ | 63,882 |  |  | $ | 69,107 |  |  |
Schedule of carrying amount of goodwill | The carrying amount of goodwill by segment as of June 27, 2020 and December 28, 2019 was as follows:
| Engineered Support Structures Segment |  | Utility Support Structures Segment |  | Coatings Segment |  | Irrigation Segment |  |  |  | Total
Gross Balance December 28, 2019 | $ | 228,634 |  |  | $ | 130,594 |  |  | $ | 93,747 |  |  | $ | 25,136 |  |  |  |  | $ | 478,111 |
Accumulated impairment losses | (18,670) |  |  | (14,355) |  |  | (16,222) |  |  | — |  |  |  |  | (49,247) |
Balance at December 28, 2019 | 209,964 |  |  | 116,239 |  |  | 77,525 |  |  | 25,136 |  |  |  |  | 428,864 |
Acquisitions | — |  |  | 1,100 |  |  | — |  |  | 5,127 |  |  |  |  | 6,227 |
Asset impairment | (12,575) |  |  | — |  |  | — |  |  | — |  |  |  |  | (12,575) |
Foreign currency translation | (4,301) |  |  | 141 |  |  | (790) |  |  | 102 |  |  |  |  | (4,848) |
Balance at June 27, 2020 | $ | 193,088 |  |  | $ | 117,480 |  |  | $ | 76,735 |  |  | $ | 30,365 |  |  |  |  | $ | 417,668 |

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