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Earnings per share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share

Basic earnings per common share is computed by dividing net earnings available to common stockholders 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 net earnings available to common stockholders 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
 
June 30,
2018
 
July 1,
2017
 
June 30,
2018
 
July 1,
2017
Net earnings attributable to Mohawk Industries, Inc.
$
196,586

 
260,681

 
405,352

 
461,235

Accretion of redeemable noncontrolling interest (a)

 

 
(305
)
 

Net earnings available to common stockholders
$
196,586

 
260,681

 
405,047

 
461,235

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
74,597

 
74,327

 
74,525

 
74,269

Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net
340

 
474

 
403

 
504

Weighted-average common shares outstanding-diluted
74,937

 
74,801

 
74,928

 
74,773

 
 
 
 
 
 
 
 
Earnings per share attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
2.64

 
3.51

 
5.44

 
6.21

Diluted
$
2.62

 
3.48

 
5.41

 
6.17



(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemptive value resulting from the May 12, 2015 purchase of approximately 90% of all outstanding shares of the KAI Group. The Company has had the option to call and the holder the option to put this noncontrolling interest since May 12, 2018.