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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 30, 2024
Earnings per share:  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share

The following table provides a reconciliation between the earnings and average share amounts used to compute both basic and diluted earnings per share:

Thirteen weeks ended

March 30,

April 1,

2024

    

2023

Net earnings attributable to Valmont Industries, Inc.

$

87,822

$

74,540

Weighted average shares outstanding (000s):

Basic

20,188

21,269

Dilutive effect of various stock awards

133

243

Diluted

20,321

21,512

Net earnings attributable to Valmont Industries, Inc. per share:

Basic

$

4.35

$

3.50

Dilutive effect of various stock awards

(0.03)

(0.03)

Diluted

$

4.32

$

3.47