Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Computations of Basic and Diluted Earnings Per Share

Computations of basic and diluted earnings per share are presented for the years ended December 31, 2022, 2021 and 2020, respectively, in the following table:


	2022		2021	2020


Net earnings available to common stockholders	$	25,247	1,033,159	515,595

Weighted-average common shares outstanding—basic and diluted:
Weighted-average common shares outstanding—basic	63,826		68,852	71,214
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	236		293	187
Weighted-average common shares outstanding-diluted	64,062		69,145	71,401

Earnings per share attributable to Mohawk Industries, Inc.
Basic	$	0.40	15.01	7.24
Diluted	$	0.39	14.94	7.22

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) by component, net of tax, for the years ended December 31, 2022, 2021 and 2020 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, 2019	$	(753,108)	(12,716)	(765,824)
Current period other comprehensive income (loss)	72,853		(2,174)	70,679

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

Balance as of December 31, 2021	(959,199)		(7,753)	(966,952)
Current period other comprehensive (loss) income	(155,430)		8,124	(147,306)

Balance as of December 31, 2022	$	(1,114,629)	371	(1,114,258)