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Earnings per share
6 Months Ended
Jul. 04, 2015
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 4,
2015
 
June 28,
2014
 
July 4,
2015
 
June 28,
2014
Earnings from continuing operations attributable to Mohawk Industries, Inc.
$
186,492

 
152,750

 
208,838

 
233,831

Accretion of redeemable noncontrolling interest (a)
(160
)
 

 
(160
)
 

Net earnings available to common stockholders
$
186,332

 
152,750

 
208,678

 
233,831

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
73,264

 
72,832

 
73,123

 
72,788

Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net
492

 
465

 
521

 
514

Weighted-average common shares outstanding-diluted
73,756

 
73,297

 
73,644

 
73,302

 
 
 
 
 
 
 
 
Earnings per share from continuing operations attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
2.54

 
2.10

 
2.85

 
3.21

Diluted
$
2.53

 
2.08

 
2.83

 
3.19



(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. See Note 2, Acquisitions for further information.