Earnings (Loss) Per Share

9 Months Ended

Sep. 28, 2024

Basic earnings (loss) per common share is computed by dividing net earnings (loss) available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings (loss) per common share assumes the vesting of RSUs using the treasury stock method when the effects of such assumptions are dilutive. A reconciliation of net earnings (loss) attributable to Mohawk Industries, Inc. and weighted-average common shares outstanding for purposes of calculating basic and diluted earnings (loss) per share is as follows:


	Three Months Ended			Nine Months Ended
(In millions, except per share data)	September 28, 2024		September 30, 2023	September 28, 2024	September 30, 2023
Net earnings (loss) attributable to Mohawk Industries, Inc.	$	162.0	(760.4)	424.5	(579.0)



Weighted-average common shares outstanding—basic and diluted:
Weighted-average common shares outstanding—basic	63.1		63.7	63.5	63.6
Add dilutive potential common shares—RSUs(1)	0.3		—	0.3	—
Weighted-average common shares outstanding—diluted	63.4		63.7	63.8	63.6

Earnings (loss) per share attributable to Mohawk Industries, Inc.
Basic	$	2.57	(11.94)	6.69	(9.10)
Diluted	$	2.55	(11.94)	6.66	(9.10)

(1) Due to the anti-dilutive effect, 252 and 235 shares of common stock equivalents for the three and nine months ended September 30, 2023, respectively, were omitted from the calculation of diluted weighted-average common shares outstanding.