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Earnings per share
6 Months Ended
Jun. 29, 2013
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share

Basic net earnings per share (“EPS”) is calculated using net earnings available to common stockholders divided by the weighted-average number of shares of common stock outstanding for the period. Diluted EPS is similar to basic EPS except that the weighted-average number of shares is increased to include the number of additional common shares that would have been outstanding if the potentially dilutive common shares had been issued.

Dilutive common stock options are included in the diluted EPS calculation using the treasury stock method. Common stock options and unvested restricted shares (units) that were not included in the diluted EPS computation because the price was greater than the average market price of the common shares for the six months ended June 29, 2013 and June 30, 2012 were 0 and 987, respectively.  
 
Three Months Ended
 
Six Months Ended
 
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
Earnings from continuing operations attributable to Mohawk Industries, Inc.
$
85,933

 
73,188

 
136,428

 
113,565

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
72,406

 
68,984

 
70,907

 
68,923

Add weighted-average dilutive potential common shares—options and RSUs to purchase common shares, net
461

 
275

 
498

 
281

Weighted-average common shares outstanding-diluted
72,867

 
69,259

 
71,405

 
69,204

 
 
 
 
 
 
 
 
Earnings from continuing operations attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
1.19

 
1.06

 
1.92

 
1.65

Diluted
$
1.18

 
1.06

 
1.91

 
1.64