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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Computations of Basic and Diluted Earnings Per Share | Computations of basic and diluted earnings per share are presented in the following table:
| 2020 |  | 2019 |  | 2018
Net earnings attributable to Mohawk Industries, Inc. | $ | 515,595 |  |  | 744,211 |  |  | 861,704 |
Accretion of redeemable noncontrolling interest(a) | — |  |  | — |  |  | (3,892) |
Net earnings available to common stockholders | $ | 515,595 |  |  | 744,211 |  |  | 857,812 |
Weighted-average common shares outstanding-basic and diluted: |  |  |  |  |
Weighted-average common shares outstanding—basic | 71,214 |  |  | 71,986 |  |  | 74,413 |
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net | 187 |  |  | 278 |  |  | 360 |
Weighted-average common shares outstanding-diluted | 71,401 |  |  | 72,264 |  |  | 74,773 |
Earnings per share attributable to Mohawk Industries, Inc. |  |  |  |  |
Basic | $ | 7.24 |  |  | 10.34 |  |  | 11.53 |
Diluted | $ | 7.22 |  |  | 10.30 |  |  | 11.47 |
(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, 2020, 2019 and 2018 are as follows:
| Foreign currency translation adjustments |  | Pensions and post-retirement benefits |  | Total
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) |
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 |
Balance as of December 31, 2019 | (753,108) |  |  | (12,716) |  |  | (765,824) |
Current period other comprehensive income (loss) before reclassifications | 72,853 |  |  | (2,174) |  |  | 70,679 |
Balance as of December 31, 2020 | $ | (680,255) |  |  | (14,890) |  |  | (695,145) |

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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