XML 25 R14.htm IDEA: XBRL DOCUMENT v3.21.2
EARNINGS PER SHARE
 9 Months Ended
Sep. 25, 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 September 25, 2021:
Net earnings attributable to Valmont Industries, Inc.
$51,650 $— $51,650 
Weighted average shares outstanding (000's)
21,175 377 21,552 
Per share amount
$2.44 $(0.04)$2.40 
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 
Thirty-nine weeks ended September 25, 2021
Net earnings attributable to Valmont Industries, Inc.
$168,774 $— $168,774 
Weighted average shares outstanding (000's)
21,182 301 21,483 
Per share amount
$7.97 $(0.11)$7.86 
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 
    At September 25, 2021 and September 26, 2020, there were 0 and 296,966 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.