EARNINGS (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 28, 2024

EARNINGS (LOSS) PER SHARE

Schedule of Reconciliation of Basic and Diluted Earnings Per Share

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

	Thirteen weeks ended				Thirty-nine weeks ended
	September 28,		September 30,		September 28,		September 30,
	2024		2023		2024		2023
Net earnings (loss) attributable to Valmont Industries, Inc.	$	83,068	$	(49,028)	$	270,606	$	114,888
Weighted average shares outstanding (in thousands):
Basic		20,092		20,951		20,152		21,083
Dilutive effect of various stock awards		142		—		131		207
Diluted		20,234		20,951		20,283		21,290
Net earnings (loss) attributable to Valmont Industries, Inc. per share:
Basic	$	4.13	$	(2.34)	$	13.43	$	5.45
Dilutive effect of various stock awards		(0.02)		—		(0.09)		(0.05)
Diluted	$	4.11	$	(2.34)	$	13.34	$	5.40