Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Computations of Basic and Diluted Earnings Per Share

Computations of basic and diluted earnings per share are presented in the following table:


	2021		2020	2019


Net earnings available to common stockholders	$	1,033,159	515,595	744,211

Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	68,852		71,214	71,986
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	293		187	278
Weighted-average common shares outstanding-diluted	69,145		71,401	72,264

Earnings per share attributable to Mohawk Industries, Inc.
Basic	$	15.01	7.24	10.34
Diluted	$	14.94	7.22	10.30

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, 2021, 2020 and 2019 are as follows:


	Foreign currency translation adjustments		Prior pension and post-retirement benefit service cost and actuarial gain (loss)	Total
Balance as of December 31, 2018	$	(782,102)	(9,506)	(791,608)
Current period other comprehensive income (loss) before reclassifications	28,994		(3,210)	25,784

Balance as of December 31, 2019	(753,108)		(12,716)	(765,824)
Current period other comprehensive income (loss) before reclassifications	72,853		(2,174)	70,679

Balance as of December 31, 2020	(680,255)		(14,890)	(695,145)
Current period other comprehensive income (loss) before reclassifications	(278,944)		7,137	(271,807)

Balance as of December 31, 2021	$	(959,199)	(7,753)	(966,952)