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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share (EPS)

The following table provides a reconciliation between basic and diluted earnings per share (“EPS”):

    

    

Dilutive

    

 Effect of 

Stock 

Diluted 

Basic EPS

Options

EPS

2022:

Net earnings attributable to Valmont Industries, Inc.

$

250,863

$

$

250,863

Weighted average shares outstanding (000’s)

 

21,311

 

269

 

21,580

Per share amount

$

11.77

$

(0.15)

$

11.62

2021:

 

  

 

  

 

  

Net earnings attributable to Valmont Industries, Inc.

$

195,630

$

$

195,630

Weighted average shares outstanding (000’s)

 

21,193

 

300

 

21,493

Per share amount

$

9.23

$

(0.13)

$

9.10

2020:

 

  

 

  

 

  

Net earnings attributable to Valmont Industries, Inc.

$

140,693

$

$

140,693

Weighted average shares outstanding (000’s)

 

21,315

 

110

 

21,425

Per share amount

$

6.60

$

(0.03)

$

6.57