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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 29, 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 September 29, 2018:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
4,448

 
$

 
$
4,448

Shares outstanding (000 omitted)
22,215

 
137

 
22,352

Per share amount
$
0.20

 
$

 
$
0.20

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

Thirty-nine weeks ended September 29, 2018:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
76,689

 
$

 
$
76,689

Shares outstanding (000 omitted)
22,421

 
153

 
22,574

Per share amount
$
3.42

 
$
(0.02
)
 
$
3.40

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