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EARNINGS PER SHARE | 6 Months Ended
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Jun. 27, 2020
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 June 27, 2020: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 22,607 |  |  | $ | — |  |  | $ | 22,607 |
Weighted average shares outstanding (000's) | 21,312 |  |  | 81 |  |  | 21,393 |
Per share amount | $ | 1.06 |  |  | $ | — |  |  | $ | 1.06 |
Thirteen weeks ended June 29, 2019: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $39,719 |  | $ | — |  |  | $ | 39,719 |
Weighted average shares outstanding (000's) | 21,734 |  |  | 97 |  |  | 21,831 |
Per share amount | $ | 1.83 |  |  | $ | (0.01) |  |  | $ | 1.82 |
Twenty-six weeks ended June 27, 2020 |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 65,536 |  |  | $ | — |  |  | $ | 65,536 |
Weighted average shares outstanding (000's) | 21,383 |  |  | 88 |  |  | 21,471 |
Per share amount | $ | 3.06 |  |  | $ | (0.01) |  |  | $ | 3.05 |
Twenty-six weeks ended June 29, 2019: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 75,823 |  |  | $ | — |  |  | $ | 75,823 |
Weighted average shares outstanding (000's) | 21,810 |  |  | 87 |  |  | 21,897 |
Per share amount | $ | 3.48 |  |  | $ | (0.02) |  |  | $ | 3.46 |
At June 27, 2020 and June 29, 2019, there were 296,490 and 297,170 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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