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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 25, 2022
Jun. 26, 2021
Jun. 25, 2022
Jun. 26, 2021
Statement of Comprehensive Income [Abstract]        
Net earnings $ 77,207 $ 62,657 $ 140,113 $ 117,658
Foreign currency translation adjustments:        
Unrealized translation gain (loss) (43,666) 10,690 (32,050) (1,943)
Gain (loss) on hedging activities:        
Cash flow hedges 0 (313) 0 (291)
Amortization cost included in interest expense (16) (16) (32) (32)
Commodity hedges (19,512) 16,308 1,048 26,254
Realized (gain) loss on commodity hedges recorded in earnings 1,545 (270) (498) (270)
Cross currency swaps 3,470 (2,095) 5,281 1,511
Actuarial gain on defined benefit pension plan 124 843 256 1,675
Other comprehensive income (loss) (58,055) 25,147 (25,995) 26,904
Comprehensive income 19,152 87,804 114,118 144,562
Comprehensive (income) loss attributable to noncontrolling interests 932 (1,573) (756) (1,087)
Comprehensive income attributable to Valmont Industries, Inc. $ 20,084 $ 86,231 $ 113,362 $ 143,475