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EARNINGS PER SHARE (Tables)
3 Months Ended
Apr. 01, 2023
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 

Various Stock

Diluted 

Basic EPS

Awards

EPS

Thirteen weeks ended April 1, 2023:

Net earnings attributable to Valmont Industries, Inc.

$

74,540

$

$

74,540

Weighted average shares outstanding (000’s)

 

21,269

 

243

 

21,512

Per share amount

$

3.50

$

(0.03)

$

3.47

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