XML 29 R20.htm IDEA: XBRL DOCUMENT
v3.23.3

ACQUISITIONS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Conceal Fab |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The following table summarizes the fair values of the assets acquired and liabilities assumed of ConcealFab as of the date of acquisition:
​ | ​ | ​ | ​
​ | ​ | June 1,
​ | ​ | 2022
Current assets | ​ | $ | 21,133
Property, plant, and equipment | ​ |  | 3,813
Goodwill | ​ |  | 42,465
Customer relationships | ​ |  | 26,200
Trade name | ​ |  | 5,000
Other non-current assets | ​ |  | 9,108
Total fair value of assets acquired | ​ | $ | 107,719
Current liabilities | ​ |  | 6,658
Long-term debt | ​ |  | 2,038
Operating lease liabilities | ​ |  | 7,812
Deferred income taxes | ​ |  | 5,464
Other non-current liabilities | ​ |  | 12
Total fair value of liabilities assumed | ​ | $ | 21,984
Noncontrolling interest in consolidated subsidiaries | ​ |  | 41,693
Net assets acquired | ​ | $ | 44,042
HR Products |
Business Acquisition [Line Items] |
Schedule of Business Acquisitions, by Acquisition | The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed of HR Products as of the date of acquisition:
​ | ​ | ​ | ​
​ | ​ | August 31,
​ | ​ | 2023
Current assets | ​ | $ | 24,816
Property, plant, and equipment | ​ |  | 222
Goodwill | ​ |  | 17,645
Other non-current assets | ​ |  | 4,819
Total fair value of assets acquired | ​ | $ | 47,502
Current liabilities | ​ |  | 4,216
Operating lease liabilities | ​ |  | 3,581
Total fair value of liabilities assumed | ​ | $ | 7,797
Net assets acquired | ​ | $ | 39,705

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 Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-5 + Details
Name: | us-gaap_BusinessAcquisitionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
Name: | us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=vmi_ConcealFabMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=vmi_HrProductsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |