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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 29, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 427,080 $ 362,894
Receivables, net 470,240 426,683
Inventories 432,689 393,782
Prepaid expenses 30,106 25,765
Refundable and deferred income taxes 49,692 43,819
Total current assets 1,409,807 1,252,943
Property, plant and equipment, at cost 965,326 911,642
Less accumulated depreciation and amortization 489,335 456,765
Net property, plant and equipment 475,991 454,877
Goodwill 319,057 314,662
Other intangible assets, net 162,279 168,083
Other assets 127,326 115,511
Total assets 2,494,460 2,306,076
Current liabilities:    
Current installments of long-term debt 226 235
Notes payable to banks 15,730 11,403
Accounts payable 217,688 234,537
Accrued employee compensation and benefits 87,978 83,613
Accrued expenses 85,720 73,515
Dividends payable 5,991 4,767
Total current liabilities 413,333 408,070
Deferred income taxes 80,980 85,497
Long-term debt, excluding current installments 473,227 474,415
Defined benefit pension liability 62,667 68,024
Deferred compensation 34,320 30,741
Other noncurrent liabilities 42,039 41,418
Shareholders' equity:    
Preferred stock of $1 par value - Authorized 500,000 shares; none issued      
Common stock of $1 par value - Authorized 75,000,000 shares; 27,900,000 issued 27,900 27,900
Retained earnings 1,238,840 1,079,698
Accumulated other comprehensive income 87,149 64,052
Treasury stock (23,018) (24,688)
Total Valmont Industries, Inc. shareholders' equity 1,330,871 1,146,962
Noncontrolling interest in consolidated subsidiaries 57,023 50,949
Total shareholders' equity 1,387,894 1,197,911
Total liabilities and shareholders' equity $ 2,494,460 $ 2,306,076