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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
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:
 
2016
 
2015
 
2014
Earnings attributable to Mohawk Industries, Inc.
$
930,362

 
615,302

 
531,965

Accretion of redeemable noncontrolling interest (a)
(123
)
 
(194
)
 
—

Net earnings available to common stockholders
$
930,239

 
615,108

 
531,965

 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
Weighted-average common shares outstanding - basic
74,104

 
73,516

 
72,837

Add weighted-average dilutive potential common shares - options and RSU’s to purchase common shares, net
464

 
527

 
526

Weighted-average common shares outstanding-diluted
74,568

 
74,043

 
73,363

Earnings per share attributable to Mohawk Industries, Inc.
 
 
 
 
 
  Basic
$
12.55

 
8.37

 
7.30

  Diluted
$
12.48

 
8.31

 
7.25


(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. See Note 2 - Acquisitions for further information.
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, 2016, 2015 and 2014 are as follows:
 
Foreign currency translation adjustments
 
Pensions and post-retirement benefits
 
Total
Balance as of December 31, 2013
$
178,846

 
(157
)
 
178,689

Current period other comprehensive income (loss) before reclassifications
(607,351
)
 
(659
)
 
(608,010
)
Amounts reclassified from accumulated other comprehensive loss
—

 
—

 
—

Balance as of December 31, 2014
(428,505
)
 
(816
)
 
(429,321
)
Current period other comprehensive income (loss) before reclassifications
(360,147
)
 
(4,100
)
 
(364,247
)
Amounts reclassified from accumulated other comprehensive income
—

 
—

 
—

Balance as of December 31, 2015
(788,652
)
 
(4,916
)
 
(793,568
)
Current period other comprehensive income (loss) before reclassifications
(36,702
)
 
(2,757
)
 
(39,459
)
Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
—

Balance as of December 31, 2016
$
(825,354
)
 
(7,673
)
 
(833,027
)