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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 29, 2019
Earnings Per Share [Abstract]  
Reconciliation of basic and diluted earnings per share (EPS)
The following table provides a reconciliation between Basic and Diluted earnings per share (EPS):
 
Basic EPS
 
Dilutive
Effect of
Stock
Options
 
Diluted EPS
Thirteen weeks ended June 29, 2019:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
41,397

 
$

 
$
41,397

Weighted average shares outstanding (000's)
21,734

 
97

 
21,831

Per share amount
$
1.90

 
$

 
$
1.90

Thirteen weeks ended June 30, 2018:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
32,960

 
$

 
$
32,960

Weighted average shares outstanding (000's)
22,438

 
135

 
22,573

Per share amount
$
1.47

 
$
(0.01
)
 
$
1.46

Twenty-six weeks ended June 29, 2019
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
77,878

 
$

 
$
77,878

Weighted average shares outstanding (000's)
21,810

 
87

 
21,897

Per share amount
$
3.57

 
$
(0.01
)
 
$
3.56

Twenty-six Weeks Ended June 30, 2018:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
72,241

 
$

 
$
72,241

Weighted average shares outstanding (000's)
22,523

 
161

 
22,684

Per share amount
$
3.21

 
$
(0.03
)
 
$
3.18