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EARNINGS PER SHARE (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
EARNINGS PER SHARE |
Reconciliation of basic and diluted earnings per share (EPS) |
|  | Basic EPS |  | Dilutive Effect of Stock Options |  | Diluted EPS |
--- | --- | --- | --- | --- | --- | --- | ---
2011: |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. |  | $ | 228,308 |  | $ | — |  | $ | 228,308 |
Weighted average shares outstanding (000's) |  |  | 26,329 |  |  | 221 |  |  | 26,550 |
Per share amount |  | $ | 8.67 |  | $ | 0.07 |  | $ | 8.60 |
2010: |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. |  | $ | 94,379 |  | $ | — |  | $ | 94,379 |
Weighted average shares outstanding (000's) |  |  | 26,100 |  |  | 322 |  |  | 26,422 |
Per share amount |  | $ | 3.62 |  | $ | 0.05 |  | $ | 3.57 |
2009: |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. |  | $ | 150,562 |  | $ | — |  | $ | 150,562 |
Weighted average shares outstanding (000's) |  |  | 25,951 |  |  | 338 |  |  | 26,289 |
Per share amount |  | $ | 5.80 |  | $ | 0.07 |  | $ | 5.73 |

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- Definition Tabular disclosure of the reconciliation of basic net earnings per share (or unit) to diluted earnings per share (or unit). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 260 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph -Name Accounting Standards Codification -Paragraph 1 -Section 50 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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