XML 33 R21.htm IDEA: XBRL DOCUMENT v3.23.2
Earnings Per Share
6 Months Ended
Jul. 01, 2023
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 EndedSix Months Ended
 July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Net earnings attributable to Mohawk Industries, Inc.$101,217 280,431 181,455 525,760 
Weighted-average common shares outstanding—basic and diluted:
Weighted-average common shares outstanding—basic63,680 63,540 63,630 64,116 
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net220 258 234 258 
Weighted-average common shares outstanding-diluted63,900 63,798 63,864 64,374 
Earnings per share attributable to Mohawk Industries, Inc.
Basic$1.59 4.41 2.85 8.20 
Diluted$1.58 4.40 2.84 8.17