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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2016
Accounting Policies [Abstract] |
Computations of Basic and Diluted Earnings (Loss) Per Share | Computations of basic and diluted earnings per share are presented in the following table:
| 2016 |  | 2015 |  | 2014
Earnings attributable to Mohawk Industries, Inc. | $ | 930,362 |  |  | 615,302 |  |  | 531,965 |
Accretion of redeemable noncontrolling interest (a) | (123 | ) |  | (194 | ) |  | — |
Net earnings available to common stockholders | $ | 930,239 |  |  | 615,108 |  |  | 531,965 |
Weighted-average common shares outstanding-basic and diluted: |  |  |  |  |
Weighted-average common shares outstanding - basic | 74,104 |  |  | 73,516 |  |  | 72,837 |
Add weighted-average dilutive potential common shares - options and RSU’s to purchase common shares, net | 464 |  |  | 527 |  |  | 526 |
Weighted-average common shares outstanding-diluted | 74,568 |  |  | 74,043 |  |  | 73,363 |
Earnings per share attributable to Mohawk Industries, Inc. |  |  |  |  |
Basic | $ | 12.55 |  |  | 8.37 |  |  | 7.30 |
Diluted | $ | 12.48 |  |  | 8.31 |  |  | 7.25 |
(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. See Note 2 - Acquisitions for further information.
Changes in Accumulated Other Comprehensive Income (Loss) | The changes in accumulated other comprehensive income (loss) by component, net of tax, for years ended December 31, 2016, 2015 and 2014 are as follows:
| Foreign currency translation adjustments |  | Pensions and post-retirement benefits |  | Total
Balance as of December 31, 2013 | $ | 178,846 |  |  | (157 | ) |  | 178,689 |
Current period other comprehensive income (loss) before reclassifications | (607,351 | ) |  | (659 | ) |  | (608,010 | )
Amounts reclassified from accumulated other comprehensive loss | — |  |  | — |  |  | — |
Balance as of December 31, 2014 | (428,505 | ) |  | (816 | ) |  | (429,321 | )
Current period other comprehensive income (loss) before reclassifications | (360,147 | ) |  | (4,100 | ) |  | (364,247 | )
Amounts reclassified from accumulated other comprehensive income | — |  |  | — |  |  | — |
Balance as of December 31, 2015 | (788,652 | ) |  | (4,916 | ) |  | (793,568 | )
Current period other comprehensive income (loss) before reclassifications | (36,702 | ) |  | (2,757 | ) |  | (39,459 | )
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | — |
Balance as of December 31, 2016 | $ | (825,354 | ) |  | (7,673 | ) |  | (833,027 | )

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