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Earnings per share
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share

Basic net earnings per share (“EPS”) is calculated using net earnings available to common stockholders divided by the weighted-average number of shares of common stock outstanding for the period. Diluted EPS is similar to basic EPS except that the weighted-average number of shares is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued.

Dilutive common stock options are included in the diluted EPS calculation using the treasury stock method. Common stock options and unvested restricted shares (units) that were not included in the diluted EPS computation because the price was greater than the average market price of the common shares for the six months ended June 30, 2012 and July 2, 2011 were 987 and 1,125, respectively.
 
 
Three Months Ended
 
Six Months Ended
 
June 30,
2012
 
July 2,
2011
 
June 30,
2012
 
July 2,
2011
Net earnings available to common stockholders
$
73,188

 
60,903

 
113,565

 
84,345

Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
68,984

 
68,744

 
68,923

 
68,709

Add weighted-average dilutive potential common shares—options and RSUs to purchase common shares, net
275

 
237

 
281

 
233

Weighted-average common shares outstanding-diluted
69,259

 
68,981

 
69,204

 
68,942

Basic earnings per share attributable to Mohawk Industries, Inc.
$
1.06

 
0.89

 
1.65

 
1.23

Diluted earnings per share attributable to Mohawk Industries, Inc.
$
1.06

 
0.88

 
1.64

 
1.22