XML 46 R36.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Treasury Stock (Details) - USD ($) $ / shares in Units, $ in Thousands |  |  | 3 Months Ended |  |
--- | --- | --- | --- | --- | ---
Nov. 30, 2023 | May 31, 2014 | Mar. 30, 2024 | Dec. 30, 2023 | Apr. 01, 2023 | Feb. 28, 2023 | Oct. 31, 2018
Equity, Class of Treasury Stock [Line Items] |  |  |  |  |  |  |
Additional authorized amount |  |  |  |  |  | $ 400,000 | $ 250,000
Authorized amount |  | $ 500,000 |  |  |  | $ 1,400,000 |
Length of authorization period |  | 12 months |  |  |  |  |
Shares acquired under share repurchase program |  | 7,991,948 | 96,224 |  | 356,887 |  |
Amount paid for share repurchase |  | $ 1,263,892 |  |  |  |  |
Accelerated Purchase Agreement - November 2023 ASR | CitiBank, N.A. |  |  |  |  |  |  |
Equity, Class of Treasury Stock [Line Items] |  |  |  |  |  |  |
Authorized amount | $ 120,000 |  |  |  |  |  |
Pre-paid amount of share repurchase program |  |  |  | $ 120,000 |  |  |
Shares received at an initial delivery |  |  | 96,224 | 438,917 |  |  |
Average purchase price | $ 224.24 |  |  |  |  |  |

X
- Definition Final price paid per share for the purchase of the targeted number of shares, determined by an average market price over a fixed period of time. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Section 25 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481138/505-30-25-5 + Details
Name: | us-gaap_AcceleratedShareRepurchasesFinalPricePaidPerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
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_EquityClassOfTreasuryStockLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of stock repurchase plan authorized. + References No definition available. + Details
Name: | us-gaap_StockRepurchaseProgramAuthorizedAmount1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Period which shares may be purchased under a stock repurchase plan authorized by an entity's Board of Directors, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_StockRepurchaseProgramPeriodInForce1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Cost basis for treasury stock acquired for purposes other than retirement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481549/505-30-45-1 + Details
Name: | us-gaap_TreasuryStockCarryingBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Number of shares that have been repurchased during the period and are being held in treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_TreasuryStockSharesAcquired
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of prepaid related to share repurchase program made. + References No definition available. + Details
Name: | vmi_ShareRepurchaseProgramPrepaidAmountMade
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The Value of additional shares authorized to be repurchased by an entity's Board of Directors under a stock repurchase plan. + References No definition available. + Details
Name: | vmi_StockRepurchaseProgramAdditionalSharesAuthorizedToBeRepurchasedAmount
Namespace Prefix: | vmi_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of shares that have been repurchased during the initial delivery and are being held in treasury. + References No definition available. + Details
Name: | vmi_TreasuryStockSharesAcquiredAtInitialDelivery
Namespace Prefix: | vmi_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=vmi_AcceleratedPurchaseAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=vmi_CitiBankMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |