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EARNINGS PER SHARE (Tables) | 6 Months Ended
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Jun. 27, 2020
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 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 |

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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/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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