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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2017:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
35,208

 
$

 
$
35,208

Shares outstanding (000 omitted)
22,527

 
224

 
22,751

Per share amount
$
1.56

 
$
(0.01
)
 
$
1.55

Thirteen weeks ended September 24, 2016:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
28,173

 
$

 
$
28,173

Shares outstanding (000 omitted)
22,505

 
154

 
22,659

Per share amount
$
1.25

 
$
(0.01
)
 
$
1.24

Thirty-nine weeks ended September 30, 2017:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
119,851

 
$

 
$
119,851

Shares outstanding (000 omitted)
22,505

 
212

 
22,717

Per share amount
$
5.33

 
$
(0.05
)
 
$
5.28

Thirty-nine weeks ended September 24, 2016:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
103,168

 
$

 
$
103,168

Shares outstanding (000 omitted)
22,602

 
139

 
22,741

Per share amount
$
4.56

 
$
(0.02
)
 
$
4.54