EARNINGS PER SHARE

3 Months Ended

Mar. 30, 2019

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

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 March 30, 2019
Net earnings attributable to Valmont Industries, Inc.	$	36,481	$	—	$	36,481
Weighted average shares outstanding (000's)	21,886		78		21,964
Per share amount	$	1.67	$	0.01	$	1.66
Thirteen Weeks Ended March 31, 2018
Net earnings attributable to Valmont Industries, Inc.	$	39,281	$	—	$	39,281
Weighted average shares outstanding (000's)	22,609		187		22,796
Per share amount	$	1.74	$	0.02	$	1.72

At March 30, 2019 and March 31, 2018, there were 297,412 and 147,554 outstanding stock options with exercise prices exceeding the market price of common stock that were excluded from the computation of diluted earnings per share, respectively.