Earnings Per Share

9 Months Ended

Oct. 02, 2021

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
	October 2, 2021		September 26, 2020	October 2, 2021	September 26, 2020
Net earnings attributable to Mohawk Industries, Inc.	$	270,978	205,117	844,070	267,374
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	68,541		71,197	69,389	71,190
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	323		181	294	172
Weighted-average common shares outstanding-diluted	68,864		71,378	69,683	71,362
Earnings per share attributable to Mohawk Industries, Inc.
Basic	$	3.95	2.88	12.16	3.76
Diluted	$	3.93	2.87	12.11	3.75