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EARNINGS PER SHARE
6 Months Ended
Jun. 27, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table provides a reconciliation between Basic and Diluted earnings per share (EPS):
Basic EPSDilutive
Effect of
Stock
Options
Diluted EPS
Thirteen weeks ended June 27, 2020:
Net earnings attributable to Valmont Industries, Inc.
$22,607  $—  $22,607  
Weighted average shares outstanding (000's)
21,312  81  21,393  
Per share amount
$1.06  $—  $1.06  
Thirteen weeks ended June 29, 2019:
Net earnings attributable to Valmont Industries, Inc.
$39,719$—  $39,719  
Weighted average shares outstanding (000's)
21,734  97  21,831  
Per share amount
$1.83  $(0.01) $1.82  
Twenty-six weeks ended June 27, 2020
Net earnings attributable to Valmont Industries, Inc.
$65,536  $—  $65,536  
Weighted average shares outstanding (000's)
21,383  88  21,471  
Per share amount
$3.06  $(0.01) $3.05  
Twenty-six weeks ended June 29, 2019:
Net earnings attributable to Valmont Industries, Inc.
$75,823  $—  $75,823  
Weighted average shares outstanding (000's)
21,810  87  21,897  
Per share amount
$3.48  $(0.02) $3.46  

        At June 27, 2020 and June 29, 2019, there were 296,490 and 297,170 outstanding stock options with exercise prices exceeding the market price of common stock that were excluded from the computation of diluted earnings per share, respectively.