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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Computations Of Basic And Diluted Earnings (Loss) Per Share
Computations of basic and diluted earnings per share from continuing operations are presented in the following table:
 
2014
 
2013
 
2012
Earnings from continuing operations attributable to Mohawk Industries, Inc.
$
531,965

 
366,681

 
250,258

Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
Weighted-average common shares outstanding - basic
72,837

 
71,773

 
68,988

Add weighted-average dilutive potential common shares - options and RSU’s to purchase common shares, net
526

 
528

 
318

Weighted-average common shares outstanding-diluted
73,363

 
72,301

 
69,306

Earnings per share from continuing operations attributable to Mohawk Industries, Inc.
 
 
 
 
 
  Basic
$
7.30

 
5.11

 
3.63

  Diluted
$
7.25

 
5.07

 
3.61


Changes in Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) by component, net of tax, for years ended December 31, 2014, 2013 and 2012 are as follows:
 
Foreign currency translation adjustments
 
Pensions (1)
 
Total
Balance as of December 31, 2011
$
134,976

 
663

 
135,639

Current period other comprehensive income (loss) before reclassifications
25,685

 
(1,591
)
 
24,094

Amounts reclassified from accumulated other comprehensive loss

 

 

Balance as of December 31, 2012
160,661

 
(928
)
 
159,733

Current period other comprehensive income (loss) before reclassifications
18,185

 
771

 
18,956

Amounts reclassified from accumulated other comprehensive income

 

 

Balance as of December 31, 2013
178,846

 
(157
)
 
178,689

Current period other comprehensive income (loss) before reclassifications
(607,351
)
 
(659
)
 
(608,010
)
Amounts reclassified from accumulated other comprehensive income

 

 

Balance as of December 31, 2014
$
(428,505
)
 
(816
)
 
(429,321
)

(1) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Note 13).