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Acquisitions (Tables) | 9 Months Ended
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Sep. 27, 2014
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the allocation of the aggregate purchase price of the Marazzi acquisition to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed:
Enterprise value | $ | 1,522,731 |
Assumed indebtedness | (901,773 | )
Consideration transferred | $ | 620,958 |
Working capital | $ | 428,624 |
Property, plant and equipment, net | 773,594 |
Tradenames | 215,357 |
Customer relationships | 21,792 |
Equity method investments | 32 |
Goodwill | 276,586 |
Other long-term assets | 18,499 |
Long-term debt, including current portion | (901,773 | )
Other long-term liabilities | (70,090 | )
Deferred tax liability | (135,455 | )
Noncontrolling interest | (6,208 | )
Consideration transferred | $ | 620,958 |
Business Acquisition, Pro Forma Information | The following unaudited pro forma consolidated results of operations have been prepared as if the Marazzi acquisition occurred as of January 1, 2012:
|  | Three Months Ended |  | Nine Months Ended
|  | September 27, 2014 |  | September 28, 2013 |  | September 27, 2014 |  | September 28, 2013
Net Sales: |  |  |  |  |  |  |  |
As reported |  | $ | 1,990,658 |  |  | 1,961,536 |  |  | 5,852,000 |  |  | 5,424,650 |
Pro forma |  | $ | 1,990,658 |  |  | 1,961,536 |  |  | 5,852,000 |  |  | 5,687,131 |
Net earnings from continuing operations attributable to Mohawk Industries, Inc.: |  |  |  |  |  |  |  |
As reported |  | $ | 151,266 |  |  | 119,621 |  |  | 385,097 |  |  | 256,049 |
Pro forma |  | $ | 151,266 |  |  | 129,532 |  |  | 385,097 |  |  | 288,682 |
Basic earnings per share from continuing operations attributable to Mohawk Industries, Inc.: |  |  |  |  |  |  |  |
As reported |  | $ | 2.08 |  |  | 1.65 |  |  | 5.29 |  |  | 3.59 |
Pro forma |  | $ | 2.08 |  |  | 1.78 |  |  | 5.29 |  |  | 3.99 |
Diluted earnings per share from continuing operations attributable to Mohawk Industries, Inc.: |  |  |  |  |  |  |  |
As reported |  | $ | 2.06 |  |  | 1.64 |  |  | 5.25 |  |  | 3.56 |
Pro forma |  | $ | 2.06 |  |  | 1.77 |  |  | 5.25 |  |  | 3.96 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472 + Details
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