2013 Q4 Form 10-K Financial Statement

#000104746914001292 Filed on February 25, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q2 2012 Q4
Revenue $827.9M $926.5M $815.0M
YoY Change 1.58% 13.74% 8.28%
Cost Of Revenue $605.1M $617.2M $590.7M
YoY Change 2.44% 8.68% 5.9%
Gross Profit $222.8M $261.5M $224.3M
YoY Change -0.68% 31.13% 15.11%
Gross Profit Margin 26.91% 28.22% 27.53%
Selling, General & Admin $122.1M $117.2M $112.6M
YoY Change 8.44% 14.86% -4.25%
% of Gross Profit 54.8% 44.83% 50.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.00M $19.00M $17.90M
YoY Change 11.73% 11.11% -16.36%
% of Gross Profit 8.98% 7.27% 7.98%
Operating Expenses $122.1M $117.2M $112.6M
YoY Change 8.44% 14.86% -4.25%
Operating Profit $100.7M $144.3M $111.7M
YoY Change -9.86% 48.19% 44.56%
Interest Expense -$6.400M $8.025M -$5.800M
YoY Change 10.34% 8.14% -18.31%
% of Operating Profit -6.35% 5.56% -5.19%
Other Income/Expense, Net $1.300M -$6.050M -$600.0K
YoY Change -316.67% -19.2% -68.42%
Pretax Income $95.60M $98.68M $105.4M
YoY Change -9.3% 44.84% 54.09%
Income Tax $31.70M $47.17M $39.50M
% Of Pretax Income 33.16% 47.8% 37.48%
Net Earnings $54.90M $91.32M $65.00M
YoY Change -15.54% 49.31% -43.33%
Net Earnings / Revenue 6.63% 9.86% 7.98%
Basic Earnings Per Share $2.06 $3.36 $2.45
Diluted Earnings Per Share $2.04 $3.33 $2.43
COMMON SHARES
Basic Shares Outstanding 26.79M shares 26.65M shares 26.63M shares
Diluted Shares Outstanding 26.91M shares

Balance Sheet

Concept 2013 Q4 2013 Q2 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $613.7M $490.5M $414.1M
YoY Change 48.2% 49.36% 14.11%
Cash & Equivalents $613.7M $490.5M $414.1M
Short-Term Investments
Other Short-Term Assets $23.00M $33.60M $25.10M
YoY Change -8.37% 12.75% -2.71%
Inventory $380.0M $413.4M $412.4M
Prepaid Expenses
Receivables $515.4M $513.8M $515.9M
Other Receivables $65.70M $68.10M $58.40M
Total Short-Term Assets $1.598B $1.519B $1.426B
YoY Change 12.06% 14.0% 13.81%
LONG-TERM ASSETS
Property, Plant & Equipment $534.2M $530.5M $512.6M
YoY Change 4.21% 13.91% 12.69%
Goodwill $349.6M $332.4M $330.8M
YoY Change 5.7% 6.26% 5.13%
Intangibles $170.9M $168.5M $172.3M
YoY Change -0.79% 4.02% 2.49%
Long-Term Investments
YoY Change
Other Assets $123.9M $100.9M $126.9M
YoY Change -2.4% -18.3% 9.89%
Total Long-Term Assets $1.179B $1.132B $1.143B
YoY Change 3.15% 6.42% 8.5%
TOTAL ASSETS
Total Short-Term Assets $1.598B $1.519B $1.426B
Total Long-Term Assets $1.179B $1.132B $1.143B
Total Assets $2.776B $2.652B $2.569B
YoY Change 8.1% 10.63% 11.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $216.1M $212.1M $212.4M
YoY Change 1.74% -4.55% -1.99%
Accrued Expenses $71.56M $80.99M $78.50M
YoY Change -8.84% 4.97% 6.79%
Deferred Revenue
YoY Change
Short-Term Debt $19.00M $16.00M $13.40M
YoY Change 41.79% -8.05% 17.54%
Long-Term Debt Due $202.0K $457.0K $224.0K
YoY Change -9.82% 84.27% -4.68%
Total Short-Term Liabilities $436.6M $416.8M $412.4M
YoY Change 5.85% 3.73% 1.07%
LONG-TERM LIABILITIES
Long-Term Debt $470.9M $471.7M $472.6M
YoY Change -0.36% -0.41% -0.38%
Other Long-Term Liabilities $51.73M $48.85M $44.25M
YoY Change 16.9% 18.21% 6.84%
Total Long-Term Liabilities $522.6M $520.5M $516.8M
YoY Change 1.12% 1.09% 0.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $436.6M $416.8M $412.4M
Total Long-Term Liabilities $522.6M $520.5M $516.8M
Total Liabilities $959.2M $937.3M $929.3M
YoY Change 3.22% 2.25% 0.58%
SHAREHOLDERS EQUITY
Retained Earnings $1.563B $1.458B $1.301B
YoY Change 20.16% 22.9% 20.45%
Common Stock $27.90M $27.90M $27.90M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $20.86M $21.32M $22.46M
YoY Change -7.1% -8.57% -9.04%
Treasury Stock Shares 1.075M shares 1.226M shares
Shareholders Equity $1.522B $1.446B $1.350B
YoY Change
Total Liabilities & Shareholders Equity $2.776B $2.652B $2.569B
YoY Change 8.1% 10.63% 11.38%

Cashflow Statement

Concept 2013 Q4 2013 Q2 2012 Q4
OPERATING ACTIVITIES
Net Income $54.90M $91.32M $65.00M
YoY Change -15.54% 49.31% -43.33%
Depreciation, Depletion And Amortization $20.00M $19.00M $17.90M
YoY Change 11.73% 11.11% -16.36%
Cash From Operating Activities $147.3M $111.0M $79.40M
YoY Change 85.52% 1080.85% -7.24%
INVESTING ACTIVITIES
Capital Expenditures -$31.70M -$32.50M -$38.40M
YoY Change -17.45% 70.16% 4.63%
Acquisitions
YoY Change
Other Investing Activities -$12.60M $8.300M -$45.30M
YoY Change -72.19% 107.5% 1124.32%
Cash From Investing Activities -$44.30M -$24.10M -$83.70M
YoY Change -47.07% 59.6% 106.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.20M -2.100M -7.800M
YoY Change 223.08% -184.0% -65.94%
NET CHANGE
Cash From Operating Activities 147.3M 111.0M 79.40M
Cash From Investing Activities -44.30M -24.10M -83.70M
Cash From Financing Activities -25.20M -2.100M -7.800M
Net Change In Cash 77.80M 84.80M -12.10M
YoY Change -742.98% -2750.0% -154.5%
FREE CASH FLOW
Cash From Operating Activities $147.3M $111.0M $79.40M
Capital Expenditures -$31.70M -$32.50M -$38.40M
Free Cash Flow $179.0M $143.5M $117.8M
YoY Change 51.95% 403.51% -3.68%

Facts In Submission

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CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
137087000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
35756000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
36657000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
57787000 USD
CY2012Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
4151000 USD
CY2013Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
3938000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
5463000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
6552000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
42031000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
51413000 USD
CY2012Q4 us-gaap Deferred Tax Assets Gross
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258066000 USD
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257801000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
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107767000 USD
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120979000 USD
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60134000 USD
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DeferredTaxLiabilitiesOther
11198000 USD
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DeferredTaxLiabilitiesOther
7206000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities
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107088000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
101650000 USD
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DeferredTaxAssetsLiabilitiesNet
29999000 USD
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DeferredTaxAssetsLiabilitiesNet
48384000 USD
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0.50 pure
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750000 USD
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4304000 USD
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3370000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
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4727000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
37000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
1464000 USD
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3000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
328000 USD
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1336000 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1443000 USD
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1296000 USD
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541000 USD
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UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
756000 USD
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639000 USD
CY2013 vmi Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations Domestic
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938000 USD
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351000 USD
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491000 USD
CY2013 vmi Schedule Of Share Based Compensation Nonvested Stock And Restricted Stock Unit Activity Table Textblock
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UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
314000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
405000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4491000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3164000 USD
CY2013 vmi American Taxpayer Relief Act2012 Period Of Extended Tax Credit
AmericanTaxpayerReliefAct2012PeriodOfExtendedTaxCredit
P2Y
CY2013Q4 vmi Deferred Tax Assets Included In Refundable And Deferred Income Taxes
DeferredTaxAssetsIncludedInRefundableAndDeferredIncomeTaxes
57344000 USD
CY2012Q4 vmi Deferred Tax Assets Included In Refundable And Deferred Income Taxes
DeferredTaxAssetsIncludedInRefundableAndDeferredIncomeTaxes
57209000 USD
CY2013Q4 vmi Deferred Tax Assets Included In Other Assets
DeferredTaxAssetsIncludedInOtherAssets
69964000 USD
CY2012Q4 vmi Deferred Tax Assets Included In Other Assets
DeferredTaxAssetsIncludedInOtherAssets
61090000 USD
CY2013Q4 vmi Deferred Tax Assets Tax Credit And Net Operating Loss Carryforwards Resulting From Acquisitions
DeferredTaxAssetsTaxCreditAndNetOperatingLossCarryforwardsResultingFromAcquisitions
146473000 USD
CY2012Q4 vmi Deferred Tax Assets Tax Credit And Net Operating Loss Carryforwards Resulting From Acquisitions
DeferredTaxAssetsTaxCreditAndNetOperatingLossCarryforwardsResultingFromAcquisitions
161348000 USD
CY2013Q4 vmi Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions Resulting From Acquisitions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsResultingFromAcquisitions
30879000 USD
CY2012Q4 vmi Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions Resulting From Acquisitions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsResultingFromAcquisitions
25770000 USD
CY2012 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
293000 shares
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
470907000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
202000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
235000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
229000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
15000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
7000 USD
CY2013 vmi Income Tax Expense Recorded On Undistributed Earnings Of Foreign Subsidiaries Not Considered Permanently Invested
IncomeTaxExpenseRecordedOnUndistributedEarningsOfForeignSubsidiariesNotConsideredPermanentlyInvested
1326000 USD
CY2013 vmi Undistributed Earnings Of Foreign Subsidiaries Not Considered Permanently Invested
UndistributedEarningsOfForeignSubsidiariesNotConsideredPermanentlyInvested
8572000 USD
CY2013Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
644290000 USD
CY2012Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
586198000 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
-88300000 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
472817000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
471109000 USD
CY2012Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
224000 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
202000 USD
CY2012Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
472593000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1476466 shares
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
234072000 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
228308000 USD
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26471000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26329000 shares
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.84
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
8.67
CY2013 vmi Defined Contribution Plan Employee Contribution Limit Percentage Of Compensation
DefinedContributionPlanEmployeeContributionLimitPercentageOfCompensation
0.50 pure
CY2011 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
221000 shares
CY2012 vmi Earnings Per Share Dilutive Securities Stock Options Per Share
EarningsPerShareDilutiveSecuritiesStockOptionsPerShare
0.09
CY2011 vmi Earnings Per Share Dilutive Securities Stock Options Per Share
EarningsPerShareDilutiveSecuritiesStockOptionsPerShare
0.07
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
234072000 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
228308000 USD
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26764000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26550000 shares
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.75
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
8.60
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
137000000 shares
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
20000000 shares
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
278489000 USD
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26641000 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
10.45
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
258000 shares
CY2013 vmi Earnings Per Share Dilutive Securities Stock Options Per Share
EarningsPerShareDilutiveSecuritiesStockOptionsPerShare
0.10
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
278489000 USD
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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26899000 shares
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
10.35
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1200000 shares
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
10000000 USD
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
8700000 USD
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11600000 USD
CY2012Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
20087000 USD
CY2013Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
27133000 USD
CY2012Q4 vmi Deferred Compensation Liabilities Noncurrent
DeferredCompensationLiabilitiesNoncurrent
20087000 USD
CY2013Q4 vmi Deferred Compensation Liabilities Noncurrent
DeferredCompensationLiabilitiesNoncurrent
27133000 USD
CY2013Q4 us-gaap Deferred Compensation Arrangement With Individual Distributions Paid
DeferredCompensationArrangementWithIndividualDistributionsPaid
1626000 USD
CY2012Q4 us-gaap Deferred Compensation Arrangement With Individual Distributions Paid
DeferredCompensationArrangementWithIndividualDistributionsPaid
250000 USD
CY2013Q4 vmi Annual Consolidated Natural Gas Purchase Requirements
AnnualConsolidatedNaturalGasPurchaseRequirements
1113800
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
13586000 USD
CY2012Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
15333000 USD
CY2013Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
20711000 USD
CY2013 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
15193000 USD
CY2012 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
202000 USD
CY2013 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-782000 USD
CY2012 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
14997000 USD
CY2013 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
9033000 USD
CY2012 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
16542000 USD
CY2013 vmi Defined Benefit Plan Percentage Of Salary Retirement Benefits
DefinedBenefitPlanPercentageOfSalaryRetirementBenefits
0.0167 pure
CY2013 vmi Defined Benefit Plan Age For Retirement Benefits
DefinedBenefitPlanAgeForRetirementBenefits
P65Y
CY2012Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
1.6121
CY2013Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
1.6469
CY2012Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
597767000 USD
CY2011Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
492519000 USD
CY2013Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
651857000 USD
CY2012 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
23445000 USD
CY2013 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
26431000 USD
CY2013 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
11573000 USD
CY2012 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
11722000 USD
CY2012 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-69859000 USD
CY2013 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-37235000 USD
CY2012 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
23666000 USD
CY2013 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
14978000 USD
CY2012Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
485724000 USD
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
497460000 USD
CY2011Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
424495000 USD
CY2012 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
11591000 USD
CY2013 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
17619000 USD
CY2013 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
7676000 USD
CY2012 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
41345000 USD
CY2013 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Plan Assets
DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets
10995000 USD
CY2012 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Plan Assets
DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets
20015000 USD
CY2011Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-68024000 USD
CY2012Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-112043000 USD
CY2013Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-154397000 USD
CY2011Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
60014000 USD
CY2012Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
12617000 USD
CY2013Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
-38808000 USD
CY2012Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-48524000 USD
CY2013Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-49421000 USD
CY2012Q4 vmi Defined Benefit Plan Accumulated Other Comprehensive Income Currency Translation Gain Loss Before Tax
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1127000 USD
CY2013Q4 vmi Defined Benefit Plan Accumulated Other Comprehensive Income Currency Translation Gain Loss Before Tax
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-2004000 USD
CY2013 us-gaap Defined Benefit Plan Amount To Be Amortized From Accumulated Other Comprehensive Income Loss Next Fiscal Year
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0 USD
CY2012Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0460 pure
CY2013Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0445 pure
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0460 pure
CY2012 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
19168000 USD
CY2013 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
19862000 USD
CY2012 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
4277000 USD
CY2013 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
6569000 USD
CY2012 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0480 pure
CY2012 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0440 pure
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0420 pure
CY2013Q4 vmi Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years After Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsAfterYearFour
76087000 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
16469000 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
10000000 GBP
CY2013 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
1812000 USD
CY2013 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
1100000 GBP
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
12681000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
13175000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
13669000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
14163000 USD
CY2013 vmi Defined Benefit Plan Weighted Average Maturity Period Of Debt Portfolio
DefinedBenefitPlanWeightedAverageMaturityPeriodOfDebtPortfolio
P13Y
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
3029541000 USD
CY2011 us-gaap Sales Revenue Net
SalesRevenueNet
2661480000 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
3304211000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
382296000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
263310000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
473069000 USD
CY2012 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-23353000 USD
CY2011 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-26910000 USD
CY2013 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-26025000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
347000 USD
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2643000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2373000 USD
CY2011Q4 us-gaap Assets
Assets
2306076000 USD
CY2012Q4 us-gaap Assets
Assets
2568551000 USD
CY2013Q4 us-gaap Assets
Assets
2776494000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
83069000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
97074000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
106753000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
74560000 USD
CY2013Q4 vmi Subsidiary Guarantors Percentage Owned
SubsidiaryGuarantorsPercentageOwned
1.00 pure
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
15741000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
70218000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
77436000 USD
CY2011Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1053133000 USD
CY2012Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1142611000 USD
CY2013Q4 us-gaap Noncurrent Assets
NoncurrentAssets
1178654000 USD
CY2011Q2 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
150000000 USD
CY2013 us-gaap Cost Of Revenue
CostOfRevenue
2358983000 USD
CY2012 us-gaap Cost Of Revenue
CostOfRevenue
2227085000 USD
CY2011 us-gaap Cost Of Revenue
CostOfRevenue
1994670000 USD
CY2012 us-gaap Gross Profit
GrossProfit
802456000 USD
CY2011 us-gaap Gross Profit
GrossProfit
666810000 USD
CY2013 us-gaap Gross Profit
GrossProfit
945228000 USD
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
403500000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
420160000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
472159000 USD
CY2011 us-gaap Interest Expense
InterestExpense
36175000 USD
CY2012 us-gaap Interest Expense
InterestExpense
31625000 USD
CY2012 us-gaap Investment Income Interest
InvestmentIncomeInterest
8272000 USD
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-23006000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
122782000 USD
CY2012 vmi Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
232788000 USD
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6128000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
238916000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4844000 USD
CY2011 us-gaap Investment Income Interest
InvestmentIncomeInterest
9265000 USD
CY2011 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-29553000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
89552000 USD
CY2011 vmi Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
229167000 USD
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8059000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
237226000 USD
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8918000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
167922000 USD
CY2013 vmi Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
291636000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
835000 USD
CY2013Q4 us-gaap Assets Current
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1597840000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
280460000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1971000 USD
CY2013 us-gaap Interest Expense
InterestExpense
32502000 USD
CY2013 us-gaap Investment Income Interest
InvestmentIncomeInterest
6477000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
9174000 USD
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
15741000 USD
CY2012 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
400000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-18879000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
220037000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6079000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
213958000 USD
CY2011 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-21976000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1500000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
235726000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7011000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
228715000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
5829000 USD
CY2012 us-gaap Pension Expense
PensionExpense
4281000 USD
CY2012 us-gaap Pension Contributions
PensionContributions
11591000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-321000 USD
CY2012 vmi Guarantor Nonguarantor Income Loss From Equity Method Investments
GuarantorNonguarantorIncomeLossFromEquityMethodInvestments
6128000 USD
CY2012 vmi Deferred Income Tax Expense Benefit Cash Flow Impact
DeferredIncomeTaxExpenseBenefitCashFlowImpact
3720000 USD
CY2013 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-71698000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-57945000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-400000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
41282000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
181633000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
172459000 USD
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
35020000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-136692000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-131721000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84063000 USD
CY2012 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
84890000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
13613000 USD
CY2012 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1243000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6249000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
20640000 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-4350000 USD
CY2012 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-21250000 USD
CY2012 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6025000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
45687000 USD
CY2012 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-44000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16355000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2012 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
1828000 USD
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
39126000 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
39564000 USD
CY2012 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1944000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21520000 USD
CY2012 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1747000 USD
CY2012 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
21827000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5494000 USD
CY2012 vmi Payments For Repurchase Of Common Treasury Shares Stock Plan Exercises
PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises
21259000 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
7185000 USD
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-27764000 USD
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3707000 USD
CY2012Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
515902000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
51235000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
199577000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
6513000 USD
CY2013 us-gaap Pension Expense
PensionExpense
6569000 USD
CY2013 us-gaap Pension Contributions
PensionContributions
17619000 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4318000 USD
CY2013 vmi Guarantor Nonguarantor Income Loss From Equity Method Investments
GuarantorNonguarantorIncomeLossFromEquityMethodInvestments
835000 USD
CY2013 vmi Deferred Income Tax Expense Benefit Cash Flow Impact
DeferredIncomeTaxExpenseBenefitCashFlowImpact
-10141000 USD
CY2013 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
12708000 USD
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-13431000 USD
CY2013 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-4115000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12448000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
21698000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1474000 USD
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-3305000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
63152000 USD
CY2013 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
37582000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-602000 USD
CY2013 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
5510000 USD
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
274000 USD
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
591000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25414000 USD
CY2013 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1767000 USD
CY2013 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
16348000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5306000 USD
CY2013 vmi Payments For Repurchase Of Common Treasury Shares Stock Plan Exercises
PaymentsForRepurchaseOfCommonTreasurySharesStockPlanExercises
16107000 USD
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
15990000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
362894000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
414129000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
613706000 USD
CY2012 us-gaap Proceeds From Minority Shareholders
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1404000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
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2568551000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
25144000 USD
CY2012Q4 vmi Income Taxes Receivable And Deferred Tax Assets Liabilities Net Current
IncomeTaxesReceivableAndDeferredTaxAssetsLiabilitiesNetCurrent
58381000 USD
CY2012Q4 us-gaap Assets Current
AssetsCurrent
1425940000 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
482162000 USD
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
512612000 USD
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
172270000 USD
CY2012Q4 us-gaap Other Assets Miscellaneous Noncurrent
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126938000 USD
CY2012Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
13375000 USD
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
212424000 USD
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
101905000 USD
CY2012Q4 vmi Accrued Expenses Current
AccruedExpensesCurrent
78503000 USD
CY2012Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6002000 USD
CY2012Q4 us-gaap Liabilities Current
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412433000 USD
CY2012Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
112043000 USD
CY2012Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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31920000 USD
CY2012Q4 vmi Liabilities Noncurrent Other Than Longterm Debt And Deferred Taxes
LiabilitiesNoncurrentOtherThanLongtermDebtAndDeferredTaxes
44252000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
27900000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
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1300529000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
22455000 USD
CY2012Q4 us-gaap Stockholders Equity
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1349912000 USD
CY2012Q4 us-gaap Minority Interest
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57098000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1407010000 USD
CY2013Q4 us-gaap Receivables Net Current
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515440000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
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22997000 USD
CY2013Q4 vmi Income Taxes Receivable And Deferred Tax Assets Liabilities Net Current
IncomeTaxesReceivableAndDeferredTaxAssetsLiabilitiesNetCurrent
65697000 USD
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1075039 shares
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
482916000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
534210000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
349632000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
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170917000 USD
CY2013Q4 us-gaap Other Assets Miscellaneous Noncurrent
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123895000 USD
CY2013Q4 us-gaap Short Term Bank Loans And Notes Payable
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19024000 USD
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
216121000 USD
CY2013Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
122967000 USD
CY2013Q4 vmi Accrued Expenses Current
AccruedExpensesCurrent
71560000 USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
717350000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
767315000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
729839000 USD
CY2013Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6706000 USD
CY2013Q4 us-gaap Liabilities Current
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436580000 USD
CY2012Q4 us-gaap Sales Revenue Net
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815037000 USD
CY2013Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
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CY2012Q1 us-gaap Gross Profit
GrossProfit
186314000 USD
CY2013Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
154397000 USD
CY2013Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
39109000 USD
CY2013Q4 vmi Liabilities Noncurrent Other Than Longterm Debt And Deferred Taxes
LiabilitiesNoncurrentOtherThanLongtermDebtAndDeferredTaxes
51731000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
27900000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1562670000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2012Q2 us-gaap Gross Profit
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199395000 USD
CY2013Q4 us-gaap Treasury Stock Value
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20860000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1522025000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
192402000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
22821000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1544846000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
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2776494000 USD
CY2012Q4 us-gaap Gross Profit
GrossProfit
224345000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
52325000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
59980000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
56731000 USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
65036000 USD
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.27
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.14
CY2012Q4 us-gaap Earnings Per Share Basic
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CY2011 us-gaap Sales Revenue Goods Net
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CY2012Q4 us-gaap Common Stock Shares Authorized
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CY2011 us-gaap Increase Decrease In Receivables
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CY2011 us-gaap Payments Of Dividends Common Stock
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CY2011 us-gaap Payments To Acquire Additional Interest In Subsidiaries
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CY2011 us-gaap Payments Of Debt Issuance Costs
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CY2011 us-gaap Proceeds From Stock Plans
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CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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CY2011 us-gaap Payments For Repurchase Of Common Stock
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CY2011 vmi Payments For Repurchase Of Common Treasury Shares Stock Plan Exercises
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CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2012 us-gaap Dividends Common Stock Cash
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CY2013 us-gaap Dividends Common Stock Cash
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CY2011 us-gaap Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable
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CY2012 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
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1944000 USD
CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2012 vmi Treasury Stock Value Acquired Stock Plan Cost Method
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21259000 USD
CY2011 vmi Treasury Stock Value Acquired Stock Plan Cost Method
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CY2013 vmi Treasury Stock Value Acquired Stock Plan Cost Method
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CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2012 us-gaap Stock Option Plan Expense
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StockIssuedValueRestrictedStockUnitsLongTermIncentivePaymentsInShares
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2662000 USD
CY2011 us-gaap Common Stock Dividends Per Share Cash Paid
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0.855
CY2013 us-gaap Common Stock Dividends Per Share Cash Paid
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0.975
CY2011 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
53847 shares
CY2012 vmi Treasury Stock Shares Acquired Stock Plan
TreasuryStockSharesAcquiredStockPlan
174943 shares
CY2011 vmi Treasury Stock Shares Acquired Stock Plan
TreasuryStockSharesAcquiredStockPlan
184639 shares
CY2013 vmi Treasury Stock Shares Acquired Stock Plan
TreasuryStockSharesAcquiredStockPlan
103023 shares
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
341090 shares
CY2011 us-gaap Stock Issued During Period Shares Stock Options Exercised
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306218 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
216105 shares
CY2012 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
20998 shares
CY2011 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
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23968 shares
CY2013 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
33721 shares
CY2013 dei Entity Registrant Name
EntityRegistrantName
VALMONT INDUSTRIES INC
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0000102729
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-28
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-28
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
3830994339 USD
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
26829691 shares
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Fiscal Period Focus
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FY
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ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
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ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
464377 shares
CY2013 us-gaap Sales Revenue Goods Net
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2976359000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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CY2013Q4 us-gaap Other Assets Noncurrent
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CY2013 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
400000 USD
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-20530000 USD
CY2013 us-gaap Goodwill Acquired During Period
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21189000 USD
CY2013 us-gaap Goodwill Translation Adjustments
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-2348000 USD
CY2013Q4 vmi Acquired Finite And Indefinite Lived Intangible Assets Amount
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11205000 USD
CY2011 vmi Guarantor Nonguarantor Income Loss From Equity Method Investments
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8059000 USD
CY2013 us-gaap Sales Revenue Services Net
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CY2013 us-gaap Cost Of Goods Sold
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CY2013Q4 us-gaap Accrued Liabilities Current
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CY2013Q4 us-gaap Other Liabilities Noncurrent
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CY2013 us-gaap Minority Interest Decrease From Redemptions
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9324000 USD
CY2013 us-gaap Noncontrolling Interest Increase From Business Combination
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325000 USD
CY2011 vmi Deferred Income Tax Expense Benefit Cash Flow Impact
DeferredIncomeTaxExpenseBenefitCashFlowImpact
-84962000 USD
CY2013 vmi Active Members Of Defined Benefit Retirement Plan
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0 item
CY2011Q2 us-gaap Debt Instrument Face Amount
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CY2013 us-gaap Defined Benefit Plan Settlements Benefit Obligation
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CY2013 us-gaap Defined Benefit Plan Settlements Plan Assets
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CY2013Q4 vmi Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Consumer Price Index Inflation Rate
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0.0270 pure
CY2012Q4 vmi Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Consumer Price Index Inflation Rate
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0.0270 pure
CY2013Q4 vmi Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Retail Prices Index Inflation Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRetailPricesIndexInflationRate
0.0360 pure
CY2012Q4 vmi Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Retail Prices Index Inflation Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationRetailPricesIndexInflationRate
0.0320 pure
CY2013 vmi Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Retail Price Index Inflation Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate
0.0320 pure
CY2012 vmi Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Retail Price Index Inflation Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRetailPriceIndexInflationRate
0.0320 pure
CY2013 vmi Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Consumer Price Index Inflation Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate
0.0270 pure
CY2012 vmi Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Consumer Price Index Inflation Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostConsumerPriceIndexInflationRate
0.0230 pure
CY2013 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
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CY2013 vmi Other Comprehensive Income Foreign Currency Transaction And Translation Realized Gain Loss On Deconsolidation Of Subsidiary
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationRealizedGainLossOnDeconsolidationOfSubsidiary
8559000 USD
CY2013 vmi Impairment Of Property Plant And Equipment
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12161000 USD
CY2013 vmi Payments On Deconsolidation Of Subsidiary
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CY2013 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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20316000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
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197097000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
396442000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
149671000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-10143000 USD
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-12377000 USD
CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
8697000 USD
CY2011 vmi Current Federal State Foreign Income Tax Expense Benefit Total
CurrentFederalStateForeignIncomeTaxExpenseBenefitTotal
91207000 USD

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