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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 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
2018:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
94,351

 
$

 
$
94,351

Weighted average shares outstanding (000's)
22,306

 
140

 
22,446

Per share amount
$
4.23

 
$
0.03

 
$
4.20

2017:
 
 
 
 
 
Net earnings attributable to Valmont Industries, Inc.
$
116,240

 
$

 
$
116,240

Weighted average shares outstanding (000's)
22,520

 
218

 
22,738

Per share amount
$
5.16

 
$
0.05

 
$
5.11

2016:
 
 
 
 
 
  Net earnings attributable to Valmont Industries, Inc.
$
173,232

 
$

 
$
173,232

  Weighted average shares outstanding (000's)
22,562

 
147

 
22,709

  Per share amount
$
7.68

 
$
0.05

 
$
7.63