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EARNINGS PER SHARE | 6 Months Ended
--- | ---
Jun. 29, 2013
EARNINGS PER SHARE |
EARNINGS PER SHARE | (5) 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 |
--- | --- | --- | --- | --- | --- | --- | ---
Thirteen weeks ended June 29, 2013: |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. |  | $ | 89,563 |  | $ | — |  | $ | 89,563 |
Shares outstanding |  |  | 26,648 |  |  | 262 |  |  | 26,910 |
Per share amount |  | $ | 3.36 |  | $ | (0.03 | ) | $ | 3.33 |
Thirteen weeks ended June 30, 2012: |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. |  | $ | 59,980 |  | $ | — |  | $ | 59,980 |
Shares outstanding |  |  | 26,467 |  |  | 291 |  |  | 26,758 |
Per share amount |  | $ | 2.27 |  | $ | (0.03 | ) | $ | 2.24 |
Twenty-six weeks ended June 29, 2013: |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. |  | $ | 167,132 |  | $ | — |  | $ | 167,132 |
Shares outstanding |  |  | 26,615 |  |  | 269 |  |  | 26,884 |
Per share amount |  | $ | 6.28 |  | $ | (0.06 | ) | $ | 6.22 |
Twenty-six weeks ended June 30, 2012: |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. |  | $ | 112,305 |  | $ | — |  | $ | 112,305 |
Shares outstanding |  |  | 26,432 |  |  | 286 |  |  | 26,718 |
Per share amount |  | $ | 4.25 |  | $ | (0.05 | ) | $ | 4.20 |
At June 29, 2013 there were 1,172 outstanding stock options with exercise prices exceeding the market price of common stock that were excluded from the computation of diluted earnings per share for the thirteen weeks and twenty-six weeks ending June 29, 2013. At June 30, 2012, there were no outstanding stock options with exercise prices exceeding the market price of common stock.

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