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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 27, 2020
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 EPSDilutive
Effect of
Stock
Options
Diluted EPS
Thirteen weeks ended June 27, 2020:
Net earnings attributable to Valmont Industries, Inc.
$22,607  $—  $22,607  
Weighted average shares outstanding (000's)
21,312  81  21,393  
Per share amount
$1.06  $—  $1.06  
Thirteen weeks ended June 29, 2019:
Net earnings attributable to Valmont Industries, Inc.
$39,719$—  $39,719  
Weighted average shares outstanding (000's)
21,734  97  21,831  
Per share amount
$1.83  $(0.01) $1.82  
Twenty-six weeks ended June 27, 2020
Net earnings attributable to Valmont Industries, Inc.
$65,536  $—  $65,536  
Weighted average shares outstanding (000's)
21,383  88  21,471  
Per share amount
$3.06  $(0.01) $3.05  
Twenty-six weeks ended June 29, 2019:
Net earnings attributable to Valmont Industries, Inc.
$75,823  $—  $75,823  
Weighted average shares outstanding (000's)
21,810  87  21,897  
Per share amount
$3.48  $(0.02) $3.46