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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2019
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:
| 2019 |  | 2018 |  | 2017
Earnings attributable to Mohawk Industries, Inc. | $ | 744,211 |  |  | 861,704 |  |  | 971,638 |
Accretion of redeemable noncontrolling interest (a) | — |  |  | (3,892 | ) |  | (46 | )
Net earnings available to common stockholders | $ | 744,211 |  |  | 857,812 |  |  | 971,592 |
Weighted-average common shares outstanding-basic and diluted: |  |  |  |  |
Weighted-average common shares outstanding - basic | 71,986 |  |  | 74,413 |  |  | 74,357 |
Add weighted-average dilutive potential common shares - options and RSUs to purchase common shares, net | 278 |  |  | 360 |  |  | 482 |
Weighted-average common shares outstanding-diluted | 72,264 |  |  | 74,773 |  |  | 74,839 |
Earnings per share attributable to Mohawk Industries, Inc. |  |  |  |  |
Basic | $ | 10.34 |  |  | 11.53 |  |  | 13.07 |
Diluted | $ | 10.30 |  |  | 11.47 |  |  | 12.98 |
(a) Represents the accretion of the Company’s redeemable noncontrolling interest to redemption value. The holder put this option to the Company on December 20, 2018 for $33,884
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, 2019, 2018 and 2017 are as follows:
| Foreign currency translation adjustments |  | Pensions and post-retirement benefits |  | Total
Balance as of December 31, 2016 | $ | (825,354 | ) |  | (7,673 | ) |  | (833,027 | )
Current period other comprehensive income (loss) before reclassifications | 277,427 |  |  | (2,927 | ) |  | 274,500 |
Amounts reclassified from accumulated other comprehensive loss | — |  |  | — |  |  | — |
Balance as of December 31, 2017 | (547,927 | ) |  | (10,600 | ) |  | (558,527 | )
Current period other comprehensive income (loss) before reclassifications | (234,175 | ) |  | 1,094 |  |  | (233,081 | )
Amounts reclassified from accumulated other comprehensive income | — |  |  | — |  |  | — |
Balance as of December 31, 2018 | (782,102 | ) |  | (9,506 | ) |  | (791,608 | )
Current period other comprehensive income (loss) before reclassifications | 28,994 |  |  | (3,210 | ) |  | 25,784 |
Amounts reclassified from accumulated other comprehensive income (loss) | — |  |  | — |  |  | — |
Balance as of December 31, 2019 | $ | (753,108 | ) |  | (12,716 | ) |  | (765,824 | )

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