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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2018
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 30, 2018:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
32,960

 
$

 
$
32,960

Shares outstanding (000 omitted)
22,438

 
135

 
22,573

Per share amount
$
1.47

 
$
(0.01
)
 
$
1.46

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

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

 
$

 
$
72,241

Shares outstanding (000 omitted)
22,523

 
161

 
22,684

Per share amount
$
3.21

 
$
(0.03
)
 
$
3.18

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