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EARNINGS PER SHARE | 9 Months Ended
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Sep. 25, 2021
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 September 25, 2021: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 51,650 |  |  | $ | — |  |  | $ | 51,650 |
Weighted average shares outstanding (000's) | 21,175 |  |  | 377 |  |  | 21,552 |
Per share amount | $ | 2.44 |  |  | $ | (0.04) |  |  | $ | 2.40 |
Thirteen weeks ended September 26, 2020: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 39,342 |  |  | $ | — |  |  | $ | 39,342 |
Weighted average shares outstanding (000's) | 21,309 |  |  | 107 |  |  | 21,416 |
Per share amount | $ | 1.85 |  |  | $ | (0.01) |  |  | $ | 1.84 |
Thirty-nine weeks ended September 25, 2021 |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 168,774 |  |  | $ | — |  |  | $ | 168,774 |
Weighted average shares outstanding (000's) | 21,182 |  |  | 301 |  |  | 21,483 |
Per share amount | $ | 7.97 |  |  | $ | (0.11) |  |  | $ | 7.86 |
Thirty-nine weeks ended September 26, 2020: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 104,878 |  |  | $ | — |  |  | $ | 104,878 |
Weighted average shares outstanding (000's) | 21,358 |  |  | 95 |  |  | 21,453 |
Per share amount | $ | 4.91 |  |  | $ | (0.02) |  |  | $ | 4.89 |
At September 25, 2021 and September 26, 2020, there were 0 and 296,966 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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