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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 31, 2016
Earnings Per Share [Abstract] |
Reconciliation of basic and diluted earnings per share (EPS) | The following table provides a reconciliation between Basic and Diluted earnings per share (EPS):
| Basic EPS |  | Dilutive Effect of Stock Options |  | Diluted EPS
2016: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 173,232 |  |  | $ | — |  |  | $ | 173,232 |
Weighted average shares outstanding (000's) | 22,562 |  |  | 147 |  |  | 22,709 |
Per share amount | $ | 7.68 |  |  | $ | 0.05 |  |  | $ | 7.63 |
2015: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 40,117 |  |  | $ | — |  |  | $ | 40,117 |
Weighted average shares outstanding (000's) | 23,288 |  |  | 117 |  |  | 23,405 |
Per share amount | $ | 1.72 |  |  | $ | 0.01 |  |  | $ | 1.71 |
2014: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 183,976 |  |  | $ | — |  |  | $ | 183,976 |
Weighted average shares outstanding (000's) | 25,719 |  |  | 213 |  |  | 25,932 |
Per share amount | $ | 7.15 |  |  | $ | 0.06 |  |  | $ | 7.09 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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