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Earnings per share
9 Months Ended
Sep. 28, 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 exercise price was greater than the average market price of the common shares for the nine months ended September 28, 2013 and September 29, 2012 were 0 and 948, respectively.  
 
Three Months Ended
 
Nine Months Ended
 
September 28,
2013
 
September 29,
2012
 
September 28,
2013
 
September 29,
2012
Earnings from continuing operations attributable to Mohawk Industries, Inc.
$
119,621

 
70,304

 
256,049

 
183,869

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
72,575

 
69,010

 
71,467

 
68,952

Add weighted-average dilutive potential common shares—options and RSUs to purchase common shares, net
512

 
327

 
508

 
295

Weighted-average common shares outstanding-diluted
73,087

 
69,337

 
71,975

 
69,247

 
 
 
 
 
 
 
 
Earnings per share from continuing operations attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
1.65

 
1.02

 
3.59

 
2.67

Diluted
$
1.64

 
1.01

 
3.56

 
2.66