XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Income Statement [Abstract]        
Net sales $ 3,153,188 $ 2,953,833 $ 6,168,851 $ 5,622,859
Cost of sales 2,279,991 2,051,626 4,493,526 3,928,883
Gross profit 873,197 902,207 1,675,325 1,693,976
Selling, general and administrative expenses 505,270 497,783 986,597 972,037
Operating income 367,927 404,424 688,728 721,939
Interest expense 12,059 14,894 23,540 30,135
Other income, net (2,818) (11,168) (380) (13,395)
Earnings before income taxes 358,686 400,698 665,568 705,199
Income tax expense 78,176 64,245 139,624 131,935
Net earnings including noncontrolling interests 280,510 336,453 525,944 573,264
Net earnings attributable to noncontrolling interests 79 168 184 172
Net earnings attributable to Mohawk Industries, Inc. $ 280,431 $ 336,285 $ 525,760 $ 573,092
Basic earnings per share attributable to Mohawk Industries, Inc.        
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share) $ 4.41 $ 4.84 $ 8.20 $ 8.21
Weighted-average common shares outstanding-basic (in shares) 63,540 69,432 64,116 69,809
Diluted earnings per share attributable to Mohawk Industries, Inc.        
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share) $ 4.40 $ 4.82 $ 8.17 $ 8.18
Weighted-average common shares outstanding-diluted (in shares) 63,798 69,745 64,374 70,102