XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Net sales $ 2,806,223 $ 3,015,663
Cost of sales 2,162,781 2,213,535
Gross profit 643,442 802,128
Selling, general and administrative expenses 517,652 481,327
Operating income 125,790 320,801
Interest expense 17,137 11,481
Other (income) expense, net (566) 2,438
Earnings before income taxes 109,219 306,882
Income tax expense 28,943 61,448
Net earnings including noncontrolling interests 80,276 245,434
Less: net earnings attributable to noncontrolling interests 38 105
Net earnings attributable to Mohawk Industries, Inc. $ 80,238 $ 245,329
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share) $ 1.26 $ 3.79
Weighted-average common shares outstanding-basic (in shares) 63,582 64,686
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share) $ 1.26 $ 3.78
Weighted-average common shares outstanding-diluted (in shares) 63,846 64,970