Earnings Per Share

6 Months Ended

Jul. 02, 2022

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 attributable to Mohawk Industries, Inc. 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
	July 2, 2022		July 3, 2021	July 2, 2022	July 3, 2021
Net earnings attributable to Mohawk Industries, Inc.	$	280,431	336,285	525,760	573,092
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	63,540		69,432	64,116	69,809
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	258		313	258	293
Weighted-average common shares outstanding-diluted	63,798		69,745	64,374	70,102
Earnings per share attributable to Mohawk Industries, Inc.
Basic	$	4.41	4.84	8.20	8.21
Diluted	$	4.40	4.82	8.17	8.18