XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 84,884 $ 121,665
Receivables, net 1,558,159 1,376,151
Inventories 1,948,663 1,675,751
Prepaid expenses 376,836 267,724
Other current assets 104,425 30,221
Total current assets 4,072,967 3,471,512
Property, plant and equipment, net 4,270,790 3,370,348
Goodwill 2,471,459 2,274,426
Tradenames 644,208 580,147
Other intangible assets, net 247,559 254,459
Deferred income taxes and other non-current assets 387,870 279,704
Total assets 12,094,853 10,230,596
Current liabilities:    
Current portion of long-term debt 1,203,683 1,382,738
Accounts payable and accrued expenses 1,451,672 1,335,582
Total current liabilities 2,655,355 2,718,320
Deferred income taxes 328,103 361,416
Long-term debt, less current portion 1,559,895 1,128,747
Other long-term liabilities 455,028 214,930
Total liabilities 4,998,381 4,423,413
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest 29,463 23,696
Stockholders’ equity:    
Preferred stock, $.01 par value; 60 shares authorized; no shares issued 0 0
Common stock, $.01 par value; 150,000 shares authorized; 81,771 and 81,519 shares issued in 2017 and 2016, respectively 818 815
Additional paid-in capital 1,828,131 1,791,540
Retained earnings 6,004,506 5,032,914
Accumulated other comprehensive loss (558,527) (833,027)
Shareholder's equity before treasury stock 7,274,928 5,992,242
Less treasury stock at cost; 7,350 and 7,351 shares in 2017 and 2016, respectively 215,766 215,791
Total Mohawk Industries, Inc. stockholders’ equity 7,059,162 5,776,451
Noncontrolling interest 7,847 7,036
Total stockholders' equity 7,067,009 5,783,487
Total liabilities and shareholders' equity $ 12,094,853 $ 10,230,596