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EARNINGS PER SHARE (Tables) | 12 Months Ended
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Dec. 29, 2018
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
2018: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 94,351 |  |  | $ | — |  |  | $ | 94,351 |
Weighted average shares outstanding (000's) | 22,306 |  |  | 140 |  |  | 22,446 |
Per share amount | $ | 4.23 |  |  | $ | 0.03 |  |  | $ | 4.20 |
2017: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 116,240 |  |  | $ | — |  |  | $ | 116,240 |
Weighted average shares outstanding (000's) | 22,520 |  |  | 218 |  |  | 22,738 |
Per share amount | $ | 5.16 |  |  | $ | 0.05 |  |  | $ | 5.11 |
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 |

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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://fasb.org/us-gaap/role/ref/legacyRef -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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