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EARNINGS PER SHARE | 3 Months Ended
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Mar. 30, 2019
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | 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 March 30, 2019 |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 36,481 |  |  | $ | — |  |  | $ | 36,481 |
Weighted average shares outstanding (000's) | 21,886 |  |  | 78 |  |  | 21,964 |
Per share amount | $ | 1.67 |  |  | $ | 0.01 |  |  | $ | 1.66 |
Thirteen Weeks Ended March 31, 2018 |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 39,281 |  |  | $ | — |  |  | $ | 39,281 |
Weighted average shares outstanding (000's) | 22,609 |  |  | 187 |  |  | 22,796 |
Per share amount | $ | 1.74 |  |  | $ | 0.02 |  |  | $ | 1.72 |
At March 30, 2019 and March 31, 2018, there were 297,412 and 147,554 outstanding stock options with exercise prices exceeding the market price of common stock that were excluded from the computation of diluted earnings per share, respectively.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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