XML 98 R20.htm IDEA: XBRL DOCUMENT
v2.4.0.6

EARNINGS PER SHARE | 12 Months Ended
--- | ---
Dec. 31, 2011
EARNINGS PER SHARE |
EARNINGS PER SHARE |
(11) EARNINGS PER SHARE The following table provides a reconciliation between 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 |
At the end of fiscal years 2011, 2010 and 2009, there were approximately 20,000, 8,000, and 255,000 options outstanding, respectively, with exercise prices exceeding the market value of common stock that were therefore excluded from the computation of diluted shares outstanding.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1278-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration