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GOODWILL AND INTANGIBLE ASSETS (Tables) | 6 Months Ended
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Jun. 26, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of components of amortized intangible assets | The components of amortized intangible assets at June 26, 2021 and December 26, 2020 were as follows:
| June 26, 2021
| Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Life
Customer Relationships | $ | 241,422 |  |  | $ | 164,636 |  |  | 13 years
Patents & Proprietary Technology | 63,413 |  |  | 10,023 |  |  | 9 years
Other | 7,543 |  |  | 6,841 |  |  | 4 years
| $ | 312,378 |  |  | $ | 181,500 |  |  |
| December 26, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Weighted Average Life
Customer Relationships | $ | 237,232 |  |  | $ | 155,760 |  |  | 13 years
Patents & Proprietary Technology | 26,208 |  |  | 8,301 |  |  | 14 years
Other | 7,602 |  |  | 6,786 |  |  | 4 years
| $ | 271,042 |  |  | $ | 170,847 |  |  |
Schedule of amortization expense for intangible assets | Amortization expense for intangible assets for the thirteen and twenty-six weeks ended June 26, 2021 and June 27, 2020, respectively was as follows:
Thirteen weeks ended |  | Twenty-six weeks ended
2021 |  | 2020 |  | 2021 |  | 2020
$ | 5,182 |  |  | $ | 4,511 |  |  | $ | 9,414 |  |  | $ | 9,103 |
Schedule of future estimated amortization expense | Estimated annual amortization expense related to finite-lived intangible assets is as follows:
| Estimated Amortization Expense
2021 | $ | 21,159 |
2022 | 21,161 |
2023 | 19,324 |
2024 | 17,374 |
2025 | 15,929 |
Schedule of non-amortized intangible assets | The carrying value of trade names at June 26, 2021 and December 26, 2020 are as follows:
| June 26, 2021 |  | December 26, 2020 |  | Year Acquired
Newmark | $ | 11,111 |  |  | $ | 11,111 |  |  | 2004
Webforge | 8,158 |  |  | 7,972 |  |  | 2010
Convert Italia S.p.A | 8,951 |  |  | 9,137 |  |  | 2018
Valmont SM | 8,544 |  |  | 8,720 |  |  | 2014
Ingal EPS/Ingal Civil Products | 7,910 |  |  | 7,730 |  |  | 2010
Walpar | 3,500 |  |  | 3,500 |  |  | 2018
Shakespeare | 4,000 |  |  | 4,000 |  |  | 2014
Other | 17,943 |  |  | 14,828 |  |  | Various
| $ | 70,117 |  |  | $ | 66,998 |  |  |
Schedule of carrying amount of goodwill | The carrying amount of goodwill by segment as of June 26, 2021 and December 26, 2020 was as follows:
| Engineered Support Structures Segment |  | Utility Support Structures Segment |  | Coatings Segment |  | Irrigation Segment |  |  |  | Total
Gross Balance December 26, 2020 | $ | 232,323 |  |  | $ | 135,335 |  |  | $ | 94,309 |  |  | $ | 30,177 |  |  |  |  | $ | 492,144 |
Accumulated impairment losses | (31,245) |  |  | (14,355) |  |  | (16,222) |  |  | — |  |  |  |  | (61,822) |
Balance at December 26, 2020 | 201,078 |  |  | 120,980 |  |  | 78,087 |  |  | 30,177 |  |  |  |  | 430,322 |
Acquisitions | — |  |  | — |  |  | — |  |  | 280,659 |  |  |  |  | 280,659 |
Foreign currency translation | 1,948 |  |  | (934) |  |  | 510 |  |  | 226 |  |  |  |  | 1,750 |
Balance at June 26, 2021 | $ | 203,026 |  |  | $ | 120,046 |  |  | $ | 78,597 |  |  | $ | 311,062 |  |  |  |  | $ | 712,731 |

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