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Earnings per share
9 Months Ended
Oct. 01, 2016
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
 
Nine Months Ended
 
October 1,
2016
 
October 3,
2015
 
October 1,
2016
 
October 3,
2015
Net earnings attributable to Mohawk Industries, Inc.
$
269,878

 
214,905

 
696,614

 
423,743

Accretion of redeemable noncontrolling interest
(53
)
 
(31
)
 
(53
)
 
(191
)
Net earnings available to common stockholders
$
269,825

 
214,874

 
696,561

 
423,552

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
74,154

 
73,915

 
74,084

 
73,384

Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net
459

 
523

 
467

 
523

Weighted-average common shares outstanding-diluted
74,613

 
74,438

 
74,551

 
73,907

 
 
 
 
 
 
 
 
Earnings per share attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
3.64

 
2.91

 
9.40

 
5.77

Diluted
$
3.62

 
2.89

 
9.34

 
5.73