Basic EPS

Dilutive
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