XML 32 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
EARNINGS PER SHARE (Tables)
6 Months Ended
Jul. 01, 2017
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 July 1, 2017:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
45,664

 
$

 
$
45,664

Shares outstanding (000 omitted)
22,517

 
223

 
22,740

Per share amount
$
2.03

 
$
(0.02
)
 
$
2.01

Thirteen weeks ended June 25, 2016:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
42,026

 
$

 
$
42,026

Shares outstanding (000 omitted)
22,602

 
147

 
22,749

Per share amount
$
1.86

 
$
(0.01
)
 
$
1.85

Twenty-six weeks ended July 1, 2017:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
84,643

 
$

 
$
84,643

Shares outstanding (000 omitted)
22,494

 
206

 
22,700

Per share amount
$
3.76

 
$
(0.03
)
 
$
3.73

Twenty-six weeks ended June 25, 2016:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
74,995

 
$

 
$
74,995

Shares outstanding (000 omitted)
22,651

 
131

 
22,782

Per share amount
$
3.31

 
$
(0.02
)
 
$
3.29