XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Earnings per share | 6 Months Ended
--- | ---
Jul. 02, 2016
Earnings Per Share [Abstract] |
Earnings per share | Earnings per share Basic earnings per common share is computed by dividing earnings from continuing operations attributable to Mohawk Industries, Inc. by the weighted average number of common shares outstanding during each period. Diluted earnings per common share assumes the exercise of outstanding stock options and the vesting of RSUs using the treasury stock method when the effects of such assumptions are dilutive. A reconciliation of earnings from continuing operations attributable to Mohawk Industries, Inc. and weighted average common shares outstanding for purposes of calculating basic and diluted earnings per share is as follows:
| Three Months Ended |  | Six Months Ended
| July 2, 2016 |  | July 4, 2015 |  | July 2, 2016 |  | July 4, 2015
Net earnings attributable to Mohawk Industries, Inc. | $ | 255,188 |  |  | 186,492 |  |  | 426,736 |  |  | 208,838 |
Accretion of redeemable noncontrolling interest | — |  |  | (160 | ) |  | — |  |  | (160 | )
Net earnings available to common stockholders | $ | 255,188 |  |  | 186,332 |  |  | 426,736 |  |  | 208,678 |
Weighted-average common shares outstanding-basic and diluted: |  |  |  |  |  |  |
Weighted-average common shares outstanding—basic | 74,123 |  |  | 73,264 |  |  | 74,049 |  |  | 73,123 |
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net | 451 |  |  | 492 |  |  | 477 |  |  | 521 |
Weighted-average common shares outstanding-diluted | 74,574 |  |  | 73,756 |  |  | 74,526 |  |  | 73,644 |
Earnings per share attributable to Mohawk Industries, Inc. |  |  |  |  |  |  |
Basic | $ | 3.44 |  |  | 2.54 |  |  | 5.76 |  |  | 2.85 |
Diluted | $ | 3.42 |  |  | 2.53 |  |  | 5.73 |  |  | 2.83 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -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 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration