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EARNINGS PER SHARE
6 Months Ended
Jun. 26, 2021
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 June 26, 2021:
Net earnings attributable to Valmont Industries, Inc.
$62,110 $— $62,110 
Weighted average shares outstanding (000's)
21,193 276 21,469 
Per share amount
$2.93 $(0.04)$2.89 
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 
Twenty-six weeks ended June 26, 2021
Net earnings attributable to Valmont Industries, Inc.
$117,124 $— $117,124 
Weighted average shares outstanding (000's)
21,186 263 21,449 
Per share amount
$5.53 $(0.07)$5.46 
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 
    At June 26, 2021 and June 27, 2020, there were 0 and 296,490 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.