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Earnings per share
9 Months Ended
Sep. 29, 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
 
Nine Months Ended
 
September 29,
2018
 
September 30,
2017
 
September 29,
2018
 
September 30,
2017
Net earnings attributable to Mohawk Industries, Inc.
$
227,013

 
270,025

 
632,365

 
731,260

Accretion of redeemable noncontrolling interest (a)
(670
)
 
(46
)
 
(975
)
 
(46
)
Net earnings available to common stockholders
$
226,343

 
269,979

 
631,390

 
731,214

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
74,603

 
74,338

 
74,599

 
74,330

Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net
342

 
503

 
378

 
500

Weighted-average common shares outstanding-diluted
74,945

 
74,841

 
74,977

 
74,830

 
 
 
 
 
 
 
 
Earnings per share attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
3.03

 
3.63

 
8.46

 
9.84

Diluted
$
3.02

 
3.61

 
8.42

 
9.77



(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.