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EARNINGS PER SHARE
3 Months Ended
Mar. 26, 2022
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 March 26, 2022:
Net earnings attributable to Valmont Industries, Inc.
$62,311 $— $62,311 
Weighted average shares outstanding (000's)
21,279 213 21,492 
Per share amount
$2.93 $(0.03)$2.90 
Thirteen weeks ended March 27, 2021:
Net earnings attributable to Valmont Industries, Inc.
$55,014 $— $55,014 
Weighted average shares outstanding (000's)
21,179 250 21,429 
Per share amount
$2.60 $(0.03)$2.57 
At March 26, 2022 and March 27, 2021, there were 47,223 and 0 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.