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EARNINGS PER SHARE
9 Months Ended
Sep. 26, 2020
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 EPSDilutive
Effect of
Stock
Options
Diluted EPS
Thirteen weeks ended September 26, 2020:
Net earnings attributable to Valmont Industries, Inc.
$39,342 $— $39,342 
Weighted average shares outstanding (000's)
21,309 107 21,416 
Per share amount
$1.85 $(0.01)$1.84 
Thirteen weeks ended September 28, 2019:
Net earnings attributable to Valmont Industries, Inc.
$38,045 $— $38,045 
Weighted average shares outstanding (000's)
21,556 128 21,684 
Per share amount
$1.76 $(0.01)$1.75 
Thirty-nine weeks ended September 26, 2020
Net earnings attributable to Valmont Industries, Inc.
$104,878 $— $104,878 
Weighted average shares outstanding (000's)
21,358 95 21,453 
Per share amount
$4.91 $(0.02)$4.89 
Thirty-nine weeks ended September 28, 2019:
Net earnings attributable to Valmont Industries, Inc.
$113,868 $— $113,868 
Weighted average shares outstanding (000's)
21,725 101 21,826 
Per share amount
$5.24 $(0.02)$5.22 

    At September 26, 2020 and September 28, 2019, there were 296,966 and 177,153 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.