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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Jun. 29, 2019
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
Thirteen weeks ended June 29, 2019: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 41,397 |  |  | $ | — |  |  | $ | 41,397 |
Weighted average shares outstanding (000's) | 21,734 |  |  | 97 |  |  | 21,831 |
Per share amount | $ | 1.90 |  |  | $ | — |  |  | $ | 1.90 |
Thirteen weeks ended June 30, 2018: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 32,960 |  |  | $ | — |  |  | $ | 32,960 |
Weighted average shares outstanding (000's) | 22,438 |  |  | 135 |  |  | 22,573 |
Per share amount | $ | 1.47 |  |  | $ | (0.01 | ) |  | $ | 1.46 |
Twenty-six weeks ended June 29, 2019 |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 77,878 |  |  | $ | — |  |  | $ | 77,878 |
Weighted average shares outstanding (000's) | 21,810 |  |  | 87 |  |  | 21,897 |
Per share amount | $ | 3.57 |  |  | $ | (0.01 | ) |  | $ | 3.56 |
Twenty-six Weeks Ended June 30, 2018: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 72,241 |  |  | $ | — |  |  | $ | 72,241 |
Weighted average shares outstanding (000's) | 22,523 |  |  | 161 |  |  | 22,684 |
Per share amount | $ | 3.21 |  |  | $ | (0.03 | ) |  | $ | 3.18 |

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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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