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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 29, 2024
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share

The following table provides a reconciliation between the net earnings attributable to Valmont Industries, Inc. and weighted average share amounts used to compute both basic and diluted earnings per share:

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Thirteen weeks ended

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Twenty-six weeks ended

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June 29,

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July 1,

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June 29,

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July 1,

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2024

    

2023

    

2024

    

2023

Net earnings attributable to Valmont Industries, Inc.

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$

99,716

​

$

89,376

​

$

187,538

​

$

163,916

Weighted average shares outstanding (000s):

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​

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Basic

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​

20,175

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​

21,029

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​

20,182

​

​

21,149

Dilutive effect of various stock awards

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​

117

​

​

200

​

​

125

​

​

221

Diluted

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​

20,292

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21,229

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​

20,307

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​

21,370

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

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Basic

​

$

4.94

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$

4.25

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$

9.29

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$

7.75

Dilutive effect of various stock awards

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(0.03)

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​

(0.04)

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​

(0.05)

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​

(0.08)

Diluted

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$

4.91

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$

4.21

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$

9.24

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$

7.67