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EARNINGS PER SHARE | 6 Months Ended
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Jun. 25, 2022
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 25, 2022: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 76,108 |  |  | $ | — |  |  | $ | 76,108 |
Weighted average shares outstanding (000's) | 21,313 |  |  | 228 |  |  | 21,541 |
Per share amount | $ | 3.57 |  |  | $ | (0.04) |  |  | $ | 3.53 |
Thirteen weeks ended June 26, 2021: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 62,110 |  |  | $ | — |  |  | $ | 62,110 |
Weighted average shares outstanding (000's) | 21,193 |  |  | 276 |  |  | 21,469 |
Per share amount | $ | 2.93 |  |  | $ | (0.04) |  |  | $ | 2.89 |
Twenty-six weeks ended June 25, 2022 |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 138,419 |  |  | $ | — |  |  | $ | 138,419 |
Weighted average shares outstanding (000's) | 21,296 |  |  | 220 |  |  | 21,516 |
Per share amount | $ | 6.50 |  |  | $ | (0.07) |  |  | $ | 6.43 |
Twenty-six weeks ended June 26, 2021: |  |  |  |  |
Net earnings attributable to Valmont Industries, Inc. | $ | 117,124 |  |  | $ | — |  |  | $ | 117,124 |
Weighted average shares outstanding (000's) | 21,186 |  |  | 263 |  |  | 21,449 |
Per share amount | $ | 5.53 |  |  | $ | (0.07) |  |  | $ | 5.46 |
At June 25, 2022 and June 26, 2021, there were 47,223 and 0 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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