10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________________________________

FORM 10-Q

__________________________________________

[Mark One]

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended October 3, 2015

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from            to      

Commission File Number 01-13697

 __________________________________________

MOHAWK INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

__________________________________________ 

Delaware	52-1604305
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
160 S. Industrial Blvd., Calhoun, Georgia	30701
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (706) 629-7721

__________________________________________ 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	x	Accelerated filer	¨
Non-accelerated filer	¨  (Do not check if a smaller reporting company)	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

The number of shares outstanding of the issuer’s common stock as of November 4, 2015, the latest practicable date, is as follows: 73,926,764 shares of common stock, $.01 par value.

MOHAWK INDUSTRIES, INC.

INDEX

		Page No
Part I.	FINANCIAL INFORMATION
Item 1.	Financial Statements (unaudited)
	Condensed Consolidated Balance Sheets as of October 3, 2015 and December 31, 2014	3
	Condensed Consolidated Statements of Operations for the three and nine months ended October 3, 2015 and September 27, 2014	4
	Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and nine months ended October 3, 2015 and September 27, 2014	5
	Condensed Consolidated Statements of Cash Flows for the nine months ended October 3, 2015 and September 27, 2014	6
	Notes to Condensed Consolidated Financial Statements	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	21
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	31
Item 4.	Controls and Procedures	31
Part II.	OTHER INFORMATION
Item 1.	Legal Proceedings	32
Item 1A.	Risk Factors	33
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	33
Item 3.	Defaults Upon Senior Securities	33
Item 4.	Mine Safety Disclosures	33
Item 5.	Other Information	33
Item 6.	Exhibits	34

2

PART I. FINANCIAL INFORMATION

ITEM I. FINANCIAL STATEMENTS

MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except per share data)

(Unaudited)

	October 3, 2015		December 31, 2014
ASSETS
Current assets:
Cash and cash equivalents	$	110,716	97,877
Receivables, net	1,340,650		1,081,963
Inventories	1,621,154		1,543,313
Prepaid expenses	226,665		225,759
Deferred income taxes	152,899		151,784
Other current assets	47,110		31,574
Total current assets	3,499,194		3,132,270
Property, plant and equipment	5,623,519		5,130,213
Less: accumulated depreciation	2,577,028		2,427,003
Property, plant and equipment, net	3,046,491		2,703,210
Goodwill	2,280,722		1,604,352
Tradenames	639,831		622,691
Other intangible assets subject to amortization, net	278,824		79,318
Deferred income taxes and other non-current assets	319,420		143,703
	$	10,064,482	8,285,544

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt and commercial paper	$	1,927,815		851,305
Accounts payable and accrued expenses	1,371,969			1,104,509
Total current liabilities	3,299,784			1,955,814
Deferred income taxes	485,043			401,674
Long-term debt, less current portion	1,263,176			1,402,135
Other long-term liabilities	238,446			103,108
Total liabilities	5,286,449			3,862,731
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest	22,150			—
Stockholders’ equity:
Preferred stock, $.01 par value; 60 shares authorized; no shares issued	—			—
Common stock, $.01 par value; 150,000 shares authorized; 81,267 and 81,070 shares issued in 2015 and 2014, respectively	813			811
Additional paid-in capital	1,751,219			1,598,887
Retained earnings	3,911,148			3,487,079
Accumulated other comprehensive loss	(698,300		)	(429,321	)
	4,964,880			4,657,456
Less treasury stock at cost; 7,351 and 8,157 shares in 2015 and 2014, respectively	215,795			239,450
Total Mohawk Industries, Inc. stockholders' equity	4,749,085			4,418,006
Nonredeemable noncontrolling interest	6,798			4,807
Total stockholders' equity	4,755,883			4,422,813
	$	10,064,482		8,285,544

See accompanying notes to condensed consolidated financial statements.

3

MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share data)

(Unaudited)

	Three Months Ended				Nine Months Ended
	October 3, 2015		September 27, 2014		October 3, 2015	September 27, 2014
Net sales	$	2,150,656	1,990,658		6,073,566	5,852,000
Cost of sales	1,489,252		1,434,236		4,285,090	4,239,411
Gross profit	661,404		556,422		1,788,476	1,612,589
Selling, general and administrative expenses	372,670		342,729		1,200,152	1,045,913
Operating income	288,734		213,693		588,324	566,676
Interest expense	19,319		34,786		52,606	77,584
Other (income) expense, net	4,249		(2,374	)	6,094	961
Earnings from continuing operations before income taxes	265,166		181,281		529,624	488,131
Income tax expense	49,463		30,021		104,643	102,957
Net earnings including noncontrolling interests	215,703		151,260		424,981	385,174
Net income (loss) attributable to noncontrolling interests	798		(6	)	1,238	77
Net earnings attributable to Mohawk Industries, Inc.	$	214,905	151,266		423,743	385,097
Basic earnings per share attributable to Mohawk Industries, Inc.
Basic earnings per share attributable to Mohawk Industries, Inc.	$	2.91	2.08		5.77	5.29
Weighted-average common shares outstanding—basic	73,915		72,864		73,384	72,814
Diluted earnings per share attributable to Mohawk Industries, Inc.
Diluted earnings per share attributable to Mohawk Industries, Inc.	$	2.89	2.06		5.73	5.25
Weighted-average common shares outstanding—diluted	74,438		73,376		73,907	73,332

See accompanying notes to condensed consolidated financial statements.

4

MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(In thousands)

(Unaudited)

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Net earnings including noncontrolling interests	$	215,703		151,260		424,981		385,174
Other comprehensive income (loss):
Foreign currency translation adjustments	(72,728		)	(258,276	)	(269,061	)	(301,590	)
Pension prior service cost and actuarial gain	—			12		82		16
Other comprehensive income (loss)	(72,728		)	(258,264	)	(268,979	)	(301,574	)
Comprehensive income (loss)	142,975			(107,004	)	156,002		83,600
Comprehensive income (loss) attributable to noncontrolling interests	798			(6	)	1,238		77
Comprehensive income (loss) attributable to Mohawk Industries, Inc.	$	142,177		(106,998	)	154,764		83,523

See accompanying notes to condensed consolidated financial statements.

5

MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

	Nine Months Ended
	October 3, 2015			September 27, 2014
Cash flows from operating activities:
Net earnings	$	424,981		385,174
Adjustments to reconcile net earnings to net cash provided by operating activities:
Restructuring	18,716			14,078
Depreciation and amortization	268,622			249,905
Deferred income taxes	(35,171		)	(44,842	)
Loss on extinguishment of debt	—			16,530
Loss on disposal of property, plant and equipment	349			511
Stock-based compensation expense	24,488			21,497
Changes in operating assets and liabilities, net of effects of acquisitions:
Receivables, net	(147,213		)	(187,243	)
Inventories	(3,219		)	(108,875	)
Accounts payable and accrued expenses	146,025			20,911
Other assets and prepaid expenses	(101,466		)	(28,266	)
Other liabilities	60,840			(15,957	)
Net cash provided by operating activities	656,952			323,423
Cash flows from investing activities:
Additions to property, plant and equipment	(352,070		)	(391,580	)
Acquisitions, net of cash acquired	(1,211,715		)	19
Net cash used in investing activities	(1,563,785		)	(391,561	)
Cash flows from financing activities:
Payments on Senior Credit Facilities	(1,087,338		)	(1,399,286	)
Proceeds from Senior Credit Facilities	1,057,661			1,048,237
Payments on Commercial Paper	(13,456,251		)	(4,589,051	)
Proceeds from Commercial Paper	13,856,454			5,158,101
Repayment of senior notes	—			(200,000	)
Proceeds from 2.00% Senior Notes	564,653			—
Payments of acquired debt and other financings	(9,321		)	(39,921	)
Change in asset securitization borrowings, net	—			200,000
Payments on other debt	—			(52,920	)
Debt issuance costs	(6,859		)	—
Debt extinguishment costs	—			(15,450	)
Change in outstanding checks in excess of cash	1,709			5,327
Proceeds and net tax benefit from stock transactions	9,798			11,550
Net cash provided by financing activities	930,506			126,587
Effect of exchange rate changes on cash and cash equivalents	(10,834		)	(6,946	)
Net change in cash and cash equivalents	12,839			51,503
Cash and cash equivalents, beginning of period	97,877			54,066
Cash and cash equivalents, end of period	$	110,716		105,569

See accompanying notes to condensed consolidated financial statements.

6

MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(In thousands, except per share amounts)

(Unaudited)

1. General

Interim Reporting

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with instructions to Form 10-Q and do not include all of the information and footnotes required by U.S. generally accepted accounting principles ("U.S. GAAP") for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the consolidated financial statements and notes thereto, and the Company’s description of critical accounting policies, included in the Company’s 2014 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. Results for interim periods are not necessarily indicative of the results for the year.

Segment Realignment

During the second quarter of 2015, the Company realigned its reportable segments to reflect how the Company’s results will be reported by management. The Company has reorganized the business into three segments - Global Ceramic, Flooring North America ("Flooring NA") and Flooring Rest of the World ("Flooring ROW"). In order to leverage its relationship and distribution capabilities, the Company organized its carpet, wood, laminate and vinyl operations by geography into the Flooring NA segment and Flooring ROW segment. The Company did not make changes to the Global Ceramic segment. Previously reported segment results have been reclassified to conform to the current period presentation.

This new segment structure is consistent with the strategic objective that management now applies to manage the growth and profitability of the Company’s business. The Global Ceramic segment includes all worldwide tile and natural stone operations. The Flooring NA segment includes North American operations in all product categories except tile and natural stone. The new segment combines the former Carpet segment with the North American operations of the former Laminate and Wood segment and the North American operations of the Company’s newly acquired vinyl flooring businesses. The Flooring ROW segment includes operations outside of North America in all product categories except tile and natural stone. The new segment combines the European and Rest of the World operations of the former Laminate and Wood segment and the European and Rest of the World operations of the Company’s newly acquired vinyl flooring businesses.

Hedges of Net Investments in Non-U.S. Operations

The Company has numerous investments outside the United States. The net assets of these subsidiaries are exposed to changes and volatility in currency exchange rates. The Company uses foreign currency denominated debt to hedge its non-U.S. net investments against adverse movements in exchange rates. The gains and losses on the Company's net investments in its non-U.S. operations are economically offset by losses and gains on its foreign currency borrowings. The Company designated its €500,0002.00% Senior Notes borrowing as a net investment hedge of a portion of its European operations. For the nine months endedOctober 3, 2015, the change in the U.S. dollar value of the Company's euro denominated debt was $3,989 ($2,493 net of taxes), which is recorded in the foreign currency translation adjustment component of other comprehensive income (loss). The increase in the U.S. dollar value of the Company's debt partially offsets the euro-to-dollar translation of the Company's net investment in its European operations.

Recent Accounting Pronouncements

In May 2014, the FASB issued Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers. This topic converges the guidance within U.S. GAAP and International Financial Reporting Standards ("IFRS") and supersedes ASC 605, Revenue Recognition. The new standard requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard will also result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively, and improve guidance for multiple-element arrangements. The new guidance is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period and early application is not permitted. On July 9, 2015, the FASB decided to defer the effective date of ASC 606 for one year. The deferral results in the new revenue standard being effective for fiscal years and interim periods within those fiscal years

7

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

beginning after December 15, 2017. The Company currently plans to adopt the provisions of this new accounting standard at the beginning of fiscal year 2018, and is currently assessing the impact on its consolidated financial statements.

In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. This topic converges the guidance within U.S. GAAP and IFRS. The new standard intends to simplify the presentation of debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, versus recording the costs as a prepaid expense in other assets that is amortized. The new standard will more closely align the presentation of debt issuance costs under U.S. GAAP with the presentation under comparable IFRS. In August 2015, the FASB issued ASU 2015-15, Interest - Imputation of Interest (Subtopic 835-30) to address the measurement of debt issuance costs associated with line-of-credit arrangements. ASU 2015-15 states that an entity can defer and present debt issuance costs as an asset and subsequently amortize the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless if there are outstanding borrowings on the line-of-credit arrangement. The new guidance is effective for annual reporting periods beginning after December 15, 2015, including interim reporting periods within that reporting period and early application is permitted. Accordingly, the Company plans to adopt the provisions of this new accounting standard at the beginning of fiscal year 2016. As this standard impacts only the classification of certain amounts within the consolidated balance sheets, the Company does not expect this ASU to have a material impact on its consolidated financial statements.

In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory. This update changes the measurement principle for inventory for entities using FIFO or average cost from the lower of cost or market to lower of cost and net realizable value. Entities that measure inventory using LIFO or the retail inventory method are not affected. This update will more closely align the accounting for inventory under U.S. GAAP with IFRS. The new guidance is effective for annual reporting periods beginning after December 15, 2016 including interim periods within that reporting period and early adoption is permitted. The Company currently accounts for inventory using the FIFO method. Accordingly, the Company plans to adopt the provisions of this update at the beginning of fiscal year 2017, and is currently assessing the impact on its consolidated financial statements.

In July 2015, the FASB issued ASU 2015-12, Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), Health and Welfare Benefit Plans (Topic 965). There are three parts to ASU 2015-12 that aim to reduce complexity in employee benefit accounting. Part I of this ASU requires fully benefit-responsive investment contracts to be measured at contract value instead of the current fair value measurement. Part II of this ASU requires investments (both participant-directed and nonparticipant-directed investments) of employee benefit plans be grouped only by general type, eliminating the need to disaggregate the investments in multiple ways. Part III of this ASU provides a similar measurement date practical expedient for employee benefit plans as available in ASU No. 2015-04, which allows employers to measure defined benefit plan assets on a month-end date that is nearest to the year’s fiscal year-end when the fiscal period does not coincide with a month-end. Parts I and II of the new guidance should be applied on a retrospective basis. Part III of the new guidance should be applied on a prospective basis. This ASU is effective for fiscal years beginning after December 15, 2015, and for interim periods within those fiscal years. Accordingly, the Company plans to adopt the provisions of this update at the beginning of fiscal year 2016. The adoption is not expected to have a material impact on the Company's consolidated financial statements.

In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments, which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Under this ASU, acquirers must recognize measurement-period adjustments in the period in which they determine the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. This guidance is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. Accordingly, the Company plans to adopt the provisions of this update at the beginning of fiscal year 2017, and is currently assessing the impact on its consolidated financial statements.

2. Acquisitions

IVC Group

On January 13, 2015, the Company entered into a share purchase agreement (the “Share Purchase Agreement”) with Enterhold S.A., a Luxembourg societe anonyme (the “Seller”), to acquire all of the outstanding shares of International Flooring Systems S.A., a Luxembourg societe anonyme, and its subsidiaries (collectively, the “IVC Group”). The IVC Group is a global manufacturer, distributor and marketer of luxury vinyl tile ("LVT") and sheet vinyl. On June 12, 2015, pursuant to the terms of the Share Purchase Agreement, the Company completed the acquisition of IVC Group for  $1,146,438. The results of the IVC Group's operations have been included in the consolidated financial statements since that date in the Flooring NA and the Flooring ROW segments. The IVC Group acquisition will position the Company as a major participant in both the fast growing LVT category and the expanding fiberglass sheet vinyl business.

8

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

Pursuant to the terms of the Share Purchase Agreement, the Seller will indemnify the Company for uncertain tax positions and tax liabilities that were incurred by the Seller. The Company has recorded these tax liabilities and related indemnification asset in the amount of $57,729 as of the acquisition date in other long-term liabilities and other long-term assets, respectively.

The equity value of IVC Group was paid to the Seller in cash and in shares of the Company's common stock (the “Shares”). Pursuant to the Share Purchase Agreement, the Company (i) acquired the entire issued share capital of IVC Group and (ii) acquired $17,122 of indebtedness of the IVC Group, in exchange for a cash payment of $732,191, debt paid of $261,152, and 806 issued Shares for a value of $153,095.

The Company funded the cash portion of the IVC Group acquisition through a combination of proceeds from the 2.00% Senior Notes (as discussed in Note 14), cash on hand and borrowings under the 2015 Senior Credit Facility (as discussed in Note 14).

KAI Group

On May 12, 2015, the Company purchased 90% of all outstanding shares of Advent KAI Luxembourg Holdings S.a r.l., a societe a respsonsabilite limitee, and its subsidiaries(collectively, the "KAI Group"), an eastern European ceramic tile floor manufacturer. The Company completed the acquisition of the KAI Group for $194,613. The results of the KAI Group's operations have been included in the consolidated financial statements since the date of acquisition in the Global Ceramic segment. The KAI Group has a low cost position in the Bulgarian and Romanian markets. The combination with the Company will present opportunities to enhance the group's product offering, upgrade its technology and expand its exports to other countries. The remaining 10% ownership interest in the KAI Group is controlled by a third party. The 10% interest is subject to redemption provisions that are not solely within the Company’s control and therefore is recorded as a redeemable noncontrolling interest in the mezzanine section of the balance sheet for $22,150. Pursuant to the share purchase agreement, the Company (i) acquired 90% of the issued share capital of the KAI Group and (ii) acquired $24 of indebtedness of the KAI Group, in exchange for a cash payment of $169,540 and debt paid of $25,073.

The Company accounted for the acquisitions of the IVC Group and the KAI Group (the “Acquisitions”) using the acquisition method of accounting, with the Company as the acquirer of the IVC Group and the KAI Group. The preliminary estimated combined consideration transferred of $1,341,051, including debt paid and shares issued, was determined in accordance with the respective share purchase agreements. The preliminary consideration transferred is allocated to tangible and intangible assets and liabilities based upon their respective fair values.

During the three and nine months endedOctober 3, 2015, the Company incurred direct transaction costs of $2,725 and $7,403, respectively, for the Acquisitions which were expensed as incurred in selling, general and administrative expenses.

The following table summarizes the preliminary acquisition-date fair value of the consideration transferred for the Acquisitions and the estimated fair value of the consideration transferred to assets acquired and liabilities assumed as of the date of the Acquisitions, and the allocation of the aggregate purchase price of the IVC Group and the KAI Group acquisitions to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):

9

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

Fair value of assets, net of cash acquired	$	1,382,357
Noncontrolling interests in assets acquired	(24,160		)
Assumed indebtedness	(17,146		)
Consideration transferred	$	1,341,051
Working capital	140,606
Property, plant and equipment	363,570
Tradenames	48,563
Customer relationships	224,326
Goodwill	730,736
Other long-term assets	68,556
Long-term debt, including current portion	(17,146		)
Other long-term liabilities	(66,747		)
Deferred tax liability	(127,253		)
Noncontrolling interest	(24,160		)
Consideration transferred	$	1,341,051

The Company is continuing to obtain information to complete its valuation of intangible assets, as well as to determine the fair value of the acquired assets and liabilities including tax accounts, legal liabilities and other attributes. The purchase price allocation is preliminary until the Company obtains final information regarding these fair values.

Intangible assets subject to amortization of $224,326 related to customer relationships have estimated lives of 12 to 14 years. In addition to the amortizable intangible assets, there is an additional $48,563 in indefinite-lived tradename intangible assets. The goodwill of $730,736 was allocated to the Company's segments as disclosed in Note 6, Goodwill and Intangible Assets. The factors contributing to the recognition of the amount of goodwill are based on strategic and synergistic benefits that are expected to be realized from the Acquisitions. These benefits include the opportunities to improve the Company's performance by leveraging best practices, operational expertise, product innovation and manufacturing assets. The recognized goodwill from the Acquisitions is not expected to be deductible for tax purposes.

The amount of revenue and earnings of the Acquisitions since the acquisition date included in the consolidated statements of operations for the three and nine months endedOctober 3, 2015 was not material. The results of operations for the Acquisitions were not significant to the Company's consolidated results of operations and, accordingly, the Company has not provided pro forma information relating to the Acquisitions.

Other Acquisitions

During the first quarter of 2015, the Company acquired certain assets of a distribution business in the Flooring ROW segment for $2,822, resulting in a preliminary goodwill allocation of $2,659.

During the third quarter of 2015, the Company acquired certain assets of a ceramic business in the Global Ceramic segment for $20,423, resulting in a preliminary goodwill allocation of $269.

3. Restructuring, acquisition and integration-related costs

The Company incurs costs in connection with acquiring, integrating and restructuring acquisitions and in connection with its global cost-reduction/productivity initiatives. For example:

• In connection with acquisition activity, the Company typically incurs costs associated with executing the transactions, integrating the acquired operations (which may include expenditures for consulting and the integration of systems and processes), and restructuring the combined company (which may include charges related to employees, assets and activities that will not continue in the combined company); and

• In connection with the Company's cost-reduction/productivity initiatives, it typically incurs costs and charges associated with site closings and other facility rationalization actions and workforce reductions.

10

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

Restructuring, acquisition transaction and integration-related costs consisted of the following during the three and nine months endedOctober 3, 2015 and September 27, 2014:

	Three Months Ended			Nine Months Ended
	October 3, 2015		September 27, 2014	October 3, 2015	September 27, 2014
Cost of sales
Restructuring costs (a)	$	5,828	3,862	26,135	9,396
Acquisition integration-related costs	1,463		3,399	3,473	10,257
Restructuring and integration-related costs	$	7,291	7,261	29,608	19,653
Selling, general and administrative expenses
Restructuring costs (a)	$	150	1,465	1,231	4,682
Acquisition transaction-related costs	2,725		—	7,403	—
Acquisition integration-related costs	2,604		5,287	5,542	12,572
Restructuring, acquisition and integration-related costs	$	5,479	6,752	14,176	17,254

(a) The restructuring costs for 2015 and 2014 primarily relate to the Company's actions taken to lower its cost structure and improve efficiencies of manufacturing and distribution operations as the Company adjusted to changing economic conditions as well as actions related to the Company's recent acquisitions. During the three and nine months endedOctober 3, 2015, restructuring costs included accelerated depreciation of $1,080 and $8,650, respectively.

The restructuring activity for the nine months endedOctober 3, 2015 is as follows:

	Lease impairments			Asset write-downs		Severance		Other restructuring costs		Total
Balance as of December 31, 2014	$	1,741		—		3,037		100		4,878
Provision - Global Ceramic segment	—			1,245		—		(1,014	)	231
Provision - Flooring NA segment	1,877			5,451		1,700		5,369		14,397
Provision - Flooring ROW segment	—			8,667		1,211		2,860		12,738
Cash payments	(3,146		)	—		(3,614	)	(8,210	)	(14,970	)
Non-cash items	—			(15,363	)	—		1,015		(14,348	)
Balance as of October 3, 2015	$	472		—		2,334		120		2,926

The Company expects the remaining lease impairments, severance and other restructuring costs to be paid over the next four years.    

11

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

4. Receivables, net

Receivables, net are as follows:

	October 3, 2015		December 31, 2014
Customers, trade	$	1,350,403	1,081,493
Income tax receivable	14,009		12,301
Other	58,714		60,772
	1,423,126		1,154,566
Less: allowance for discounts, returns, claims and doubtful accounts	82,476		72,603
Receivables, net	$	1,340,650	1,081,963

5. Inventories

The components of inventories are as follows:

	October 3, 2015		December 31, 2014
Finished goods	$	1,073,711	1,021,188
Work in process	145,663		129,471
Raw materials	401,780		392,654
Total inventories	$	1,621,154	1,543,313

6. Goodwill and intangible assets

Pursuant to the segment realignment during the second quarter of 2015, the Company has reclassified certain goodwill and intangible asset balances to reflect the new segment structure. See Note 1, General - Segment Realignment, for further information.  ASC 350, Intangibles - Goodwill and Other, requires that goodwill be tested for impairment at least annually or on an interim basis if an event occurs requiring goodwill to be tested. During the second quarter of 2015, the Company completed an assessment of any potential goodwill impairment for reporting units impacted by the segment realignment and determined that no impairment existed. The Company performs its annual testing during the fourth quarter.

The components of goodwill and other intangible assets are as follows:

Goodwill:

	Global Ceramic segment			Flooring NA segment		Flooring ROW segment		Total
Balance as of December 31, 2014
Goodwill	$	1,395,132		538,515		998,130		2,931,777
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	863,202		195,461		545,689		1,604,352
Goodwill recognized or adjusted during the period	$	100,316		319,528		313,820		733,664
Currency translation during the period	(12,579		)	—		(44,715	)	(57,294	)
Balance as of October 3, 2015
Goodwill	1,482,869			858,043		1,267,235		3,608,147
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	950,939		514,989		814,794		2,280,722

12

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

Intangible assets not subject to amortization:

	Tradenames
Balance as of December 31, 2014	$	622,691
Intangible assets acquired during the period	48,563
Currency translation during the period	(31,423		)
Balance as of October 3, 2015	$	639,831

Intangible assets subject to amortization:

Gross carrying amounts:	Customer relationships			Patents		Other	Total
Balance as of December 31, 2014	$	354,768		270,466		1,479	626,713
Intangible assets acquired during the period	223,825			—		501	224,326
Currency translation during the period	(16,727		)	(20,984	)	—	(37,711	)
Balance as of October 3, 2015	$	561,866		249,482		1,980	813,328
Accumulated amortization:	Customer relationships			Patents		Other	Total
Balance as of December 31, 2014	$	320,851		225,875		669	547,395
Amortization during the period	10,573			10,170		5	20,748
Currency translation during the period	(16,178		)	(17,468	)	7	(33,639	)
Balance as of October 3, 2015	$	315,246		218,577		681	534,504
Intangible assets subject to amortization, net	$	246,620		30,905		1,299	278,824

	Three Months Ended			Nine Months Ended
	October 3, 2015		September 27, 2014	October 3, 2015	September 27, 2014
Amortization expense	$	9,378	6,140	20,748	18,687

Estimated amortization expense for the years ending December 31 are as follows:

2015	$	28,321
2016	34,864
2017	33,449
2018	24,757
2019	21,711

13

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

7. Accounts payable and accrued expenses

Accounts payable and accrued expenses are as follows:

	October 3, 2015		December 31, 2014
Outstanding checks in excess of cash	$	17,787	16,083
Accounts payable, trade	771,006		622,360
Accrued expenses	347,504		269,668
Product warranties	37,762		29,350
Accrued interest	12,659		28,365
Accrued compensation and benefits	185,251		138,683
Total accounts payable and accrued expenses	$	1,371,969	1,104,509

8. Accumulated other comprehensive income (loss)

The changes in accumulated other comprehensive income by component, net of tax, for the nine months endedOctober 3, 2015 are as follows:

	Foreign currency translation adjustments			Pensions (a)		Total
Balance as of December 31, 2014	$	(428,505	)	(816	)	(429,321	)
Current period other comprehensive income (loss) before reclassifications	(269,061		)	82		(268,979	)
Balance as of October 3, 2015	$	(697,566	)	(734	)	(698,300	)

(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Note 13 to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014).

9. Stock-based compensation

The Company recognizes compensation expense for all share-based payments granted based on the grant-date fair value estimated in accordance with the provisions of the FASB ASC 718-10. Compensation expense is recognized on a straight-line basis over the options’ or other awards’ estimated lives for fixed awards with ratable vesting provisions.

Under the Company’s 2012 Incentive Plan (“2012 Plan”), the Company's principal stock compensation plan as of May 9, 2012, the Company reserved up to a maximum of 3,200 shares of common stock for issuance upon the grant or exercise of stock options, restricted stock, restricted stock units (“RSUs”) and other types of awards, to directors and key employees through 2022. Option awards are granted with an exercise price equal to the market price of the Company’s common stock on the date of the grant and generally vest between three and five years with a 10-year contractual term. Restricted stock and RSUs are granted with a price equal to the market price of the Company’s common stock on the date of the grant and generally vest between three and five years.

The Company did not grant any options for the three and nine months endedOctober 3, 2015 and September 27, 2014. The Company recognized stock-based compensation costs related to stock options of $18 ($11 net of taxes) and $191 ($121 net of taxes) for the three months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. The Company recognized stock-based compensation costs related to stock options of $191 ($120 net of taxes) and $666 ($422 net of taxes) for the nine months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. Pre-tax unrecognized compensation expense for stock options granted to employees and outside directors, net of estimated forfeitures, was $54 as of October 3, 2015, and will be recognized as expense over a weighted-average period of approximately 0.89 years.

The fair value of the option award is estimated on the date of grant using the Black-Scholes-Merton valuation model. Expected volatility is based on the historical volatility of the Company’s common stock. The Company uses historical data to estimate option exercise and forfeiture rates within the valuation model.

The Company granted 5 RSUs at a weighted-average grant-date fair value of $203.85 per unit for the three months endedOctober 3, 2015. The Company granted 248 RSUs at a weighted-average grant-date fair value of $185.66 per unit for the nine

14

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

months endedOctober 3, 2015. The Company did not grant any RSUs for the three months endedSeptember 27, 2014. The Company granted 189 RSUs at a weighted average grant-date fair value of $144.75 per unit for the nine months endedSeptember 27, 2014. The Company recognized stock-based compensation costs related to the issuance of RSUs of $8,084 ($5,211 net of taxes) and $7,119 ($4,510 net of taxes) for the three months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. The Company recognized stock-based compensation costs related to the issuance of RSUs of $24,297 ($15,634 net of taxes) and $20,831 ($13,196 net of taxes) for the nine months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. Pre-tax unrecognized compensation expense for unvested RSUs granted to employees, net of estimated forfeitures, was $37,970 as of October 3, 2015, and will be recognized as expense over a weighted-average period of approximately 2.40 years.

10. Other (income) expense, net

Other (income) expense is as follows:

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Foreign currency (gains) losses, net	$	5,612		(163	)	8,692		4,693
All other, net	(1,363		)	(2,211	)	(2,598	)	(3,732	)
Total other (income) expense, net	$	4,249		(2,374	)	6,094		961

11. Earnings per share

Basic earnings per common share is computed by dividing earnings from continuing operations attributable to Mohawk Industries, Inc. 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 earnings from continuing operations 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 Ended				Nine Months Ended
	October 3, 2015			September 27, 2014	October 3, 2015		September 27, 2014
Earnings from continuing operations attributable to Mohawk Industries, Inc.	$	214,905		151,266	423,743		385,097
Accretion of redeemable noncontrolling interest (a)	(31		)	—	(191	)	—
Net earnings available to common stockholders	$	214,874		151,266	423,552		385,097
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	73,915			72,864	73,384		72,814
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	523			512	523		518
Weighted-average common shares outstanding-diluted	74,438			73,376	73,907		73,332
Earnings per share from continuing operations attributable to Mohawk Industries, Inc.
Basic	$	2.91		2.08	5.77		5.29
Diluted	$	2.89		2.06	5.73		5.25

(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. See Note 2, Acquisitions for further information.

15

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

12. Segment reporting

The Company has three reporting segments: the Global Ceramic segment, the Flooring NA segment and the Flooring ROW segment. The Global Ceramic segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone and other products, which it distributes primarily in North America, Europe and Russia through its network of regional distribution centers and Company-operated service centers using company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Flooring NA segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and vinyl products, including luxury vinyl tile ("LVT"), which it distributes through its network of regional distribution centers and satellite warehouses using company-operated trucks, common carrier or rail transportation. The segment’s product lines are sold through various selling channels, including independent floor covering retailers, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial dealers and commercial end users. The Flooring ROW segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard ("MDF"), chipboards, other wood products, sheet vinyl and LVT, which it distributes primarily in Europe and Russia through various selling channels, which include retailers, independent distributors and home centers.

The accounting policies for each operating segment are consistent with the Company’s policies for the consolidated financial statements. Amounts disclosed for each segment are prior to any elimination or consolidation entries. Corporate general and administrative expenses attributable to each segment are estimated and allocated accordingly. Segment performance is evaluated based on operating income. Previously reported segment results have been reclassified to conform to the current period presentation.

Segment information is as follows:

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Net sales:
Global Ceramic segment	$	791,538		779,842		2,301,168		2,271,660
Flooring NA segment	955,099			886,317		2,722,347		2,562,560
Flooring ROW segment	404,026			326,146		1,050,390		1,021,951
Intersegment sales	(7		)	(1,647	)	(339	)	(4,171	)
	$	2,150,656		1,990,658		6,073,566		5,852,000
Operating income (loss):
Global Ceramic segment	$	120,055		101,254		326,571		268,320
Flooring NA segment	125,910			83,623		145,861		207,578
Flooring ROW segment	55,471			35,046		153,164		113,909
Corporate and intersegment eliminations	(12,702		)	(6,230	)	(37,272	)	(23,131	)
	$	288,734		213,693		588,324		566,676

	October 3, 2015		December 31, 2014
Assets:
Global Ceramic segment	$	3,938,242	3,542,594
Flooring NA segment	3,195,904		2,587,151
Flooring ROW segment	2,699,255		1,909,487
Corporate and intersegment eliminations	231,081		246,312
	$	10,064,482	8,285,544

13. Commitments and contingencies

The Company is involved in litigation from time to time in the regular course of its business. Except as noted below, there are no material legal proceedings pending or known by the Company to be contemplated to which the Company is a party or to which any of its property is subject.

16

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

Polyurethane Foam Litigation

Beginning in August 2010, a series of civil lawsuits were initiated in several U.S. federal courts alleging that certain manufacturers of polyurethane foam products and competitors of the Company’s carpet underlay division had engaged in price fixing in violation of U.S. antitrust laws. The Company has been named as a defendant in a number of individual cases (the first filed on August 26, 2010), as well as in two consolidated amended class action complaints (the first filed on February 28, 2011, on behalf of a class of all direct purchasers of polyurethane foam products, and the second filed on March 21, 2011, on behalf of a class of indirect purchasers). All pending cases in which the Company has been named as a defendant were filed in or transferred to the U.S. District Court for the Northern District of Ohio for consolidated pre-trial proceedings under the name In re: Polyurethane Foam Antitrust Litigation, Case No. 1:10-MDL-02196.

In these actions, the plaintiffs, on behalf of themselves and/or a class of purchasers, seek damages allegedly suffered as a result of alleged overcharges in the price of polyurethane foam products from at least 1999 to the present. Any damages actually awarded at trial are subject to being tripled under U.S. antitrust laws.

On March 23, 2015, the Company entered into an agreement to settle all claims brought by the class of direct purchasers, and on April 30, 2015, the Company entered into an agreement to settle all claims brought by the class of indirect purchasers. Both settlement agreements are subject to court approval, which the Company expects to receive. The Company denies all allegations of wrongdoing but settled the class actions to avoid the uncertainty, risk, expense and distraction of protracted litigation.

The Company remains a defendant in a number of cases involving other purchasers of polyurethane foam products not sold by the Company. On April 23, 2015, the Court consolidated twelve of these lawsuits involving non-class claims filed against the Company by direct purchasers of polyurethane foam. These consolidated cases had been scheduled for trial to begin August 18, 2015. The Company has executed agreements to settle all of the cases set for trial in August and ten additional individual cases. The Company has also reached an agreement in principle to settle one additional individual case. Three individual cases remain pending against the Company, all of which were brought by purchasers of polyurethane foam products not sold by the Company. The amount of the damages in the remaining cases varies or has not yet been specified by the plaintiffs. Each plaintiff also seeks attorney fees, pre-judgment and post-judgment interest, court costs and injunctive relief against future violations.

In December 2011, the Company was named as a defendant in a Canadian Class action, Hi! Neighbor Floor Covering Co. Limited v. Hickory Springs Manufacturing Company, et al., filed in the Superior Court of Justice of Ontario, Canada and Options Consommateures v. Vitafoam, Inc. et.al., filed in the Superior Court of Justice of Quebec, Montreal, Canada, both of which allege similar claims against the Company as raised in the U.S. actions and seek unspecified damages and punitive damages. On June 12, 2015, the Company entered into an agreement to settle all claims brought by the class of Canadian plaintiffs. The Company continues to deny all allegations of wrongdoing but is settling to avoid the uncertainty, risk, expense and distraction of protracted litigation.

During the three months ended April 4, 2015 the Company recorded a $125,000 charge within selling, general and administrative expenses for the settlement and defense of the antitrust cases. The Company believes that adequate provisions for resolution of all of these cases have been made. The Company does not believe that the ultimate outcome of the remaining cases will have a material adverse effect on its financial condition.

Belgian Tax Matter

In January 2012, the Company received a €23,789 assessment from the Belgian tax authority related to its year ended December 31, 2008, asserting that the Company had understated its Belgian taxable income for that year. The Company filed a formal protest in the first quarter of 2012 refuting the Belgian tax authority's position. The Belgian tax authority set aside the assessment in the third quarter of 2012 and refunded all related deposits, including interest income of €1,583 earned on such deposits. However, on October 23, 2012, the Belgian tax authority notified the Company of its intent to increase the Company's taxable income for the year ended December 31, 2008 under a revised theory.

    On December 28, 2012, the Belgian tax authority issued assessments for the years ended December 31, 2005 and December 31, 2009, in the amounts of €46,135 and €35,567, respectively, including penalties, but excluding interest. The Company filed a formal protest during the first quarter of 2013 relating to the new assessments. In September 2013, the Belgian tax authority denied the Company's protests, and the Company has brought these two years before the Court of First Appeal in Bruges.

In December 2013, the Belgian tax authority issued additional assessments related to the years ended December 31, 2006, 2007, and 2010, in the amounts of €38,817, €39,635, and €43,117, respectively, including penalties, but excluding interest. The Company filed formal protests during the first quarter of 2014, refuting the Belgian tax authority's position for each of the years

17

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

assessed. In the quarter ended June 28, 2014, the Company received a formal assessment for the year ended December 31, 2008, totaling €30,131, against which the Company also submitted its formal protest. All 4 additional years were brought before the Court of First Appeal in November 2014.

In January of 2015, the Company met with the Court of First Appeal in Bruges and agreed with the Belgian tax authorities to consolidate and argue the issues regarding the years 2005 and 2009, and apply the ruling to all of the open years (to the extent there are no additional facts/procedural arguments in the other years). The case is scheduled to be argued on December 2, 2015.

The Company continues to disagree with the views of the Belgian tax authority on this matter and will persist in its vigorous defense. Although there can be no assurances, the Company believes the ultimate outcome of these actions will not have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, liquidity or cash flows in a given quarter or year.

The Company believes that adequate provisions for resolution of all contingencies, claims and pending litigation have been made for probable losses that are reasonably estimable. These contingencies are subject to significant uncertainties and we are unable to estimate the amount or range of loss, if any, in excess of amounts accrued. The Company does not believe that the ultimate outcome of these actions will have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, cash flows or liquidity in a given quarter or year.

14. Debt

Senior Credit Facility

On September 25, 2013, the Company entered into a $1,000,000, 5-year, senior revolving credit facility (the "2013 Senior Credit Facility"). The 2013 Senior Credit Facility provided for a maximum of $1,000,000 of revolving credit, including limited amounts of credit in the form of letters of credit and swingline loans. The Company paid financing costs of $1,836 in connection with its 2013 Senior Credit Facility. These costs were deferred and, along with unamortized costs of $11,440 related to the Company’s previous credit facility, were amortized over the term of the 2013 Senior Credit Facility.

On March 26, 2015, the Company amended and restated the 2013 Senior Credit Facility increasing its size from $1,000,000 to $1,800,000 and extending the maturity from September 25, 2018 to March 26, 2020 (the "2015 Senior Credit Facility"). The 2015 Senior Credit Facility eliminates certain provisions in the 2013 Senior Credit Facility, including those that: (a) accelerated the maturity date to 90 days prior to the maturity of senior notes due in January 2016 if certain specified liquidity levels were not met; and (b) required that certain subsidiaries guarantee the Company's obligations if the Company’s credit ratings fell below investment grade. The 2015 Senior Credit Facility also modified certain negative covenants to provide the Company with additional flexibility, including that to make acquisitions and incur indebtedness.

At the Company's election, revolving loans under the 2015 Senior Credit Facility bear interest at annual rates equal to either (a) LIBOR for 1, 2, 3 or 6 month periods, as selected by the Company, plus an applicable margin ranging between 1.00% and 1.75%, or (b) the higher of the Wells Fargo Bank, National Association prime rate, the Federal Funds rate plus 0.5%, and a monthly LIBOR rate plus 1.0%, plus an applicable margin ranging between 0.00% and 0.75%. The Company also pays a commitment fee to the Lenders under the 2015 Senior Credit Facility on the average amount by which the aggregate commitments of the Lenders' exceed utilization of the 2015 Senior Credit Facility ranging from 0.10% to 0.225% per annum. The applicable margins and the commitment fee are determined based on whichever of the Company's Consolidated Net Leverage Ratio or its senior unsecured debt rating (or if not available, corporate family rating) results in the lower applicable margins and commitment fee (with applicable margins and the commitment fee increasing as that ratio increases or those ratings decline, as applicable).

The obligations of the Company and its subsidiaries in respect of the 2015 Senior Credit Facility are unsecured.

The 2015 Senior Credit Facility includes certain affirmative and negative covenants that impose restrictions on the Company's financial and business operations, including limitations on liens, subsidiary indebtedness, fundamental changes, asset dispositions, dividends and other similar restricted payments, transactions with affiliates, future negative pledges, and changes in the nature of the Company's business. These limitations are subject to exceptions. The Company is also required to maintain a Consolidated Interest Coverage Ratio of at least 3.0 to 1.0 and a Consolidated Net Leverage Ratio of no more than 3.75 to 1.0, each as of the last day of any fiscal quarter.

The 2015 Senior Credit Facility also contains customary representations and warranties and events of default, subject to customary grace periods.

18

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

The Company paid financing costs of $2,641 in connection with its 2015 Senior Credit Facility. These costs were deferred and, along with unamortized costs of $8,654 related to the Company’s 2013 Senior Credit Facility, are being amortized over the term of the 2015 Senior Credit Facility.

As of October 3, 2015, amounts utilized under the 2015 Senior Credit Facility included $164,727 of borrowings and $1,381 of standby letters of credit related to various insurance contracts and foreign vendor commitments. The outstanding borrowings of $702,272 under the Company's U.S. and European commercial paper programs as of October 3, 2015 reduce the availability of the 2015 Senior Credit Facility. Taking the commercial paper borrowings into account, the Company has utilized $868,380 under the 2015 Senior Credit Facility resulting in a total of $931,620 available under the 2015 Senior Credit Facility.

Commercial Paper

On February 28, 2014, the Company established a U.S. commercial paper program for the issuance of unsecured commercial paper in the United States capital markets. Under the commercial paper program, the Company issues commercial paper notes from time to time, subject to availability under the 2015 Senior Credit Facility. On May 21, 2015, following the amendment and restatement of the 2013 Credit Facility, the Company expanded the amount of borrowings permitted under its U.S. commercial paper program from $1,000,000 to $1,800,000. The U.S. commercial paper notes will have maturities ranging from one day to 397 days and will not be subject to voluntary prepayment by the Company or redemption prior to maturity. The U.S. commercial paper notes will rank pari passu with all of the Company's other unsecured and unsubordinated indebtedness.

On July 31, 2015, the Company established a European commercial paper program for the issuance of unsecured commercial paper in the Eurozone capital markets. Under the European commercial paper program, the Company issues commercial paper notes from time to time, subject to a cap equal to the lower of availability under the 2015 Senior Credit Facility and the euro equivalent of $1,000,000. The European commercial paper notes will have maturities ranging from one day to 183 days and will not be subject to voluntary prepayment by the Company or redemption prior to maturity. The European commercial paper notes will rank pari passu with all of the Company's other unsecured and unsubordinated indebtedness. Payment on the European commercial paper notes will be fully and unconditionally guaranteed by the Company.

The Company uses its 2015 Senior Credit Facility as a liquidity backstop for its commercial paper programs. Accordingly, the total amount due and payable under any of the Company's commercial paper programs may not exceed $1,800,000 (or its equivalent in alternative currencies) at any time.

The proceeds from the sale of commercial paper notes will be available for general corporate purposes. The Company used the initial proceeds from the sale of U.S. commercial paper notes to repay borrowings under its 2013 Senior Credit Facility and certain of its industrial revenue bonds. The Company used the initial proceeds from the sale of European commercial paper notes to repay euro-denominated borrowings under its 2015 Senior Credit Facility. As of October 3, 2015, the amount utilized under the commercial paper programs was $702,272 with a weighted-average interest rate and maturity period of 0.46% and 22.75 days, respectively for the U.S. commercial paper program and 0.04% and 33.5 days, respectively for the European commercial paper program. 

Senior Notes

On June 9, 2015, the Company issued €500,000 aggregate principal amount of 2.00% Senior Notes due January 14, 2022. The Notes are senior unsecured obligations of the Company and rank pari passu with all of the Company’s existing and future unsecured indebtedness. Interest on the Notes is payable annually in cash on January 14 of each year, commencing on January 14, 2016. The Company paid financing costs of $4,218 in connection with the 2.00% Senior Notes. These costs were deferred and are being amortized over the term of the 2.00% Senior Notes.

On January 31, 2013, the Company issued $600,000 aggregate principal amount of 3.85% Senior Notes due February 1, 2023. The Company paid financing costs of $6,000 in connection with the 3.85% Senior Notes. These costs were deferred and are being amortized over the term of the 3.85% Senior Notes.

On January 17, 2006, the Company issued $900,000 aggregate principal amount of 6.125% notes due January 15, 2016. Interest payable on these notes is subject to adjustment if either Moody’s or S&P, or both, upgrades or downgrades the rating assigned to the Company. Each rating agency downgrade results in a 0.25% increase in the interest rate, subject to a maximum increase of 1% per rating agency. If later the rating of these notes improves, then the interest rates would be reduced accordingly. Each 0.25% increase in the interest rate of these notes would increase the Company’s interest expense by approximately $63 per quarter per $100,000 of outstanding notes. The current rate in effect is 6.125%. Any future downgrades in the Company’s credit

19

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

ratings could increase the cost of its existing credit and adversely affect the cost of and ability to obtain additional credit in the future.

On August 15, 2014, the Company purchased for cash approximately $200,000 aggregate principal amount of its outstanding 6.125% senior notes due January 15, 2016 at a price equal to 107.73% of the principal amount, resulting in a premium to redeeming noteholders of approximately $15,450 and fees of $1,080 associated with the redemption. The premium as well as the fees are included in interest expense on the condensed consolidated statement of operations for the three and nine months endedOctober 3, 2015.

On November 3, 2014, the Company purchased for cash approximately $54,400 aggregate principal amount of its outstanding 6.125% senior notes due January 15, 2016 at a price equal to 106.38% of the principal amount, resulting in a premium to redeeming noteholders of approximately $3,500. The premium is included in interest expense on the condensed consolidated statement of operations as at October 3, 2015.

Accounts Receivable Securitization

On December 19, 2012, the Company entered into a three-year on-balance sheet trade accounts receivable securitization agreement (the "Securitization Facility"). On September 11, 2014, the Company made certain modifications to its Securitization Facility, which modifications, among other things, increased the aggregate borrowings available under the facility from $300,000 to $500,000 and decreased the interest margins on certain borrowings. Under the terms of the Securitization Facility, certain subsidiaries of the Company sell at a discount certain of their trade accounts receivable (the “Receivables”) to Mohawk Factoring, LLC (“Factoring”) on a revolving basis. Factoring is a wholly owned, bankruptcy remote subsidiary of the Company, meaning that Factoring is a separate legal entity whose assets are available to satisfy the claims of the creditors of Factoring only, not the creditors of the Company or the Company’s other subsidiaries.  To fund such purchases, Factoring may borrow up to $500,000 based on the amount of eligible Receivables owned by Factoring, and Factoring has granted a security interest in all of such Receivables to the third-party lending group as collateral for such borrowings.  Amounts loaned to Factoring under the Securitization Facility bear interest at commercial paper interest rates, in the case of lenders that are commercial paper conduits, or LIBOR, in the case of lenders that are not commercial paper conduits, in each case, plus an applicable margin of 0.70% per annum. Factoring also pays a commitment fee at a per annum rate of 0.35% on the unused amount of each lender’s commitment.

At October 3, 2015, the amount utilized under the Securitization Facility was $500,000, which was secured by $763,844 of Receivables.

The fair values and carrying values of our debt instruments are detailed as follows:

	October 3, 2015			December 31, 2014
	Fair Value		Carrying Value	Fair Value	Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	605,922	600,000	603,180	600,000
6.125% senior notes, payable January 15, 2016; interest payable semiannually	654,993		645,555	677,833	645,555
2.00% senior notes, payable January 14, 2022; interest payable annually	562,004		560,664	—	—
Commercial paper	702,272		702,272	301,600	301,600
Five-year senior secured credit facility, due March 26, 2020	164,727		164,727	195,665	195,665
Securitization facility	500,000		500,000	500,000	500,000
Capital leases and other	17,773		17,773	10,620	10,620
Total debt	3,207,691		3,190,991	2,288,898	2,253,440
Less current portion of long term debt and commercial paper	1,937,253		1,927,815	851,305	851,305
Long-term debt, less current portion	$	1,270,438	1,263,176	1,437,593	1,402,135

The fair values of the Company’s debt instruments were estimated using market observable inputs, including quoted prices in active markets, market indices and interest rate measurements. Within the hierarchy of fair value measurements, these are Level 2 fair values.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Overview

Mohawk Industries, Inc. (“Mohawk” or the “Company”) is a leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. The Company's vertically integrated manufacturing and distribution processes provide competitive advantages in carpet, rugs, ceramic tile, laminate, wood, stone, LVT and vinyl flooring. The Company's industry-leading innovation has yielded products and technologies that differentiate its brands in the marketplace and satisfy all flooring related remodeling and new construction requirements. The Company's brands are among the most recognized in the industry and include American Olean^®, Bigelow^®, Daltile^®, Durkan^®, IVC^™, Karastan^®, Lees^®, Marazzi^®, Mohawk^®, Pergo^®, Quick-Step^® and Unilin^®. During the past decade, the Company has transformed its business from an American carpet manufacturer into the world's largest flooring company with operations in Australia, Brazil,Canada, Europe, India, Malaysia, Mexico, New Zealand, Russia and the United States. The Company had annual net sales in 2014 of $7.8 billion.

During the second quarter of 2015, the Company realigned its reportable segments to reflect how the Company’s results will be reported by management. The Company has reorganized the business into three segments, Global Ceramic, Flooring North America ("Flooring NA") and Flooring Rest of the World ("Flooring ROW"). In order to leverage its relationship and distribution capabilities, the Company organized its carpet, wood, laminate and vinyl operations by geography into the Flooring NA segment and Flooring ROW segment. The Company did not make any changes to the Global Ceramic segment. Previously reported segment results have been reclassified to conform to the current period presentation.

This new segment structure is consistent with the strategic objective that management now applies to manage the growth and profitability of the Company’s business. The Global Ceramic segment includes all worldwide tile and natural stone operations. The Flooring NA segment includes North American operations in all product categories except tile and natural stone. The new segment combines the former Carpet segment with the North American operations of the former Laminate and Wood segment and the North American operations of the Company’s newly acquired vinyl flooring businesses. The Flooring ROW segment includes operations outside of North America in all product categories except tile and natural stone. The new segment combines the European and Rest of the World operations of the former Laminate and Wood segment and the European and Rest of the World operations of the Company’s newly acquired vinyl flooring businesses.

The Global Ceramic segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone and other products, which it distributes primarily in North America, Europe and Russia through its network of regional distribution centers and Company-operated service centers using Company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Flooring NA segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and vinyl products, including luxury vinyl tile ("LVT"), which it distributes through its network of regional distribution centers and satellite warehouses using Company-operated trucks, common carrier or rail transportation. The segment’s product lines are sold through various selling channels, including independent floor covering retailers, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial dealers and commercial end users. The Flooring ROW segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard ("MDF"), chipboards, other wood products and vinyl products, including LVT, which it distributes primarily in Europe and Russia through various selling channels, which include retailers, independent distributors and home centers.

For the three months endedOctober 3, 2015, net earnings attributable to the Company were $214.9 million, or diluted earnings per share (“EPS”) of $2.89, compared to the net earnings attributable to the Company of $151.3 million, or diluted EPS of $2.06, for the three months endedSeptember 27, 2014. The increase in diluted EPS for the three months endedOctober 3, 2015 was primarily attributable to increased sales volumes, increases in operations productivity and lower input costs, partially offset by the net impact of unfavorable foreign exchange rates.

For the nine months endedOctober 3, 2015, net earnings attributable to the Company were $423.7 million, or diluted EPS of $5.73, compared to the net earnings attributable to the Company of $385.1 million, or diluted EPS of $5.25, for the nine months endedSeptember 27, 2014. The increase in diluted EPS for the nine months endedOctober 3, 2015 was primarily attributable to increased sales volumes, increases in operations productivity, lower input costs, lower taxes due to the geographic dispersion of earnings and losses for the quarter, and lower interest expense, partially offset by a $125 million charge related to the settlement and further defense of the polyurethane foam litigation, the net impact of unfavorable foreign exchange rates, costs associated with investments in new product development, sales personnel and marketing,and the unfavorable net impact of price and product mix.

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A majority of the Company’s sales and long-lived assets are located in the United States and Europe. The Company expects continued strong performance in the United States market as residential housing starts and remodeling continue to rebound. In Europe, the Company’s operations improved on a local basis despite a challenging macro-economic environment. The Company also has operations in Mexico and Russia where the Company is growing market share, especially in its ceramic tile product lines. While the Company is performing well in the local markets where it operates, the Company expects that a strong U.S. dollar will continue to impact the translation of its foreign operating results.

Recent Events

On May 12, 2015, the Company purchased 90% of all outstanding shares of the KAI Group, an eastern European ceramic tile floor manufacturer for $194.6 million. The KAI Group has a low cost position in the Bulgarian and Romanian markets. The combination with the Company will present opportunities to enhance the group's product offering, upgrade its technology and expand its exports to other countries. The KAI Group's results of operations and a preliminary purchase price allocation are included in the condensed consolidated financial statements as of July 4, 2015.

On June 12, 2015, the Company completed the acquisition of the IVC Group, a global manufacturer, distributor and marketer of vinyl flooring products, including LVT. The total value of the acquisition was $1.2 billion. The IVC Group acquisition will position the Company as a major participant in both the fast growing LVT category and the expanding fiberglass sheet vinyl business. The IVC Group's results of operations and a preliminary purchase price allocation are included in the condensed consolidated financial statements as of July 4, 2015.

On July 31, 2015, Mohawk Capital Luxembourg S.A., a wholly owned subsidiary of the Company, established a program for the issuance of unsecured commercial paper (the “Notes”) in European capital markets. Under the program, the Company may issue Notes from time to time in an aggregate amount not to exceed €1.0 billion outstanding at any time. The proceeds from the sale of the Notes will be available to the Company for general corporate purposes. The Company expects to use the initial proceeds from the sale of the Notes to repay euro-denominated borrowings under its 2015 Credit Facility. Payment on the Notes will be fully and unconditionally guaranteed by the Company.

Results of Operations

Quarter Ended October 3, 2015, as compared with Quarter Ended September 27, 2014

Net sales

Net sales for the three months endedOctober 3, 2015 were $2,150.7 million, reflecting an increase of $160.0 million, or 8.0%, from the $1,990.7 million reported for the three months endedSeptember 27, 2014. The increase was primarily attributable to higher sales volume of approximately $325 million, or 16%, partially offset by the net impact of unfavorable foreign exchange rates of approximately $131 million or 6% and the unfavorable net impact of price and product mix of approximately $34 million, or 2%. Of the $325 million increase in sales volume, approximately $178 million was attributable to acquisitions.

Global Ceramic segment—Net sales increased $11.7 million, or 1.5%, to $791.5 million for the three months endedOctober 3, 2015, compared to $779.8 million for the three months endedSeptember 27, 2014. The increase was primarily attributable to the increased sales volume of approximately $56 million, or 7%, and the favorable net impact of price and product mix of approximately $32 million, or 4%, partially offset by the net impact of unfavorable foreign exchange rates of approximately $76 million, or 10%. Of the $56 million increase in sales volume, approximately $27 million was attributable to the KAI Group acquisition.

Flooring NA segment—Net sales increased $68.8 million, or 7.8%, to $955.1 million for the three months ended October 3, 2015, compared to $886.3 million for the three months endedSeptember 27, 2014. The increase was primarily attributable to higher sales volume of approximately $121 million, or 14%, partially offset by the unfavorable net impact of price and product mix of approximately $52 million, or 6%. Of the $121 million increase in sales volume, approximately $38 million was attributable to the IVC Group acquisition.

Flooring ROW segment—Net sales increased $77.9 million, or 23.9%, to $404.0 million for the three months endedOctober 3, 2015, compared to $326.1 million for the three months endedSeptember 27, 2014. The increase was primarily attributable to higher sales volume of approximately $146 million, or 45%, partially offset by the net impact of unfavorable foreign exchange rates of approximately $55 million, or 17%, and the unfavorable net impact of price and product mix of approximately

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$13 million, or 4%. Of the $146 million increase in sales volume, approximately $114 million was attributable to the IVC Group acquisition.

Gross profit

Gross profit for the three months endedOctober 3, 2015 was $661.4 million (30.8% of net sales), an increase of $105.0 million or 18.9%, compared to gross profit of $556.4 million (28.0% of net sales) for the three months endedSeptember 27, 2014. As a percentage of net sales, gross profit increased280 basis points. The increase in gross profit dollars was primarily attributable to higher sales volume of approximately $102 million, operations productivity of approximately $31 million, and lower input costs of approximately $34 million, partially offset by the net impact of unfavorable foreign exchange rates of approximately $40 million, the unfavorable net impact of price and product mix of approximately $12 million, the unfavorable impact of higher restructuring, acquisition and integration-related costs of approximately $7 million and costs associated with investments in expansion of production capacity of approximately $3 million.

Selling, general and administrative expenses

Selling, general and administrative expenses for the three months endedOctober 3, 2015 were $372.7 million (17.3% of net sales), an increase of $30 million compared to $342.7 million (17.2% of net sales) for the three months endedSeptember 27, 2014. As a percentage of net sales, selling, general and administrative expenses increased10 basis points. The increase in selling, general and administrative expenses in dollars was primarily attributable to approximately $37 million due to higher sales volumes, approximately $13 million of costs associated with investments in new product development, sales personnel, and marketing, and increased employee costs of approximately $11 million, partially offset by the positive impact of foreign exchange rates of approximately $19 million, and lower restructuring, acquisition and integration-related costs of approximately $11 million.

Operating income

Operating income for the three months endedOctober 3, 2015 was $288.7 million (13.4% of net sales) reflecting an increase of $75.0 million, or 35.1%, compared to operating income of $213.7 million (10.7% of net sales) for the three months endedSeptember 27, 2014. The increase in operating income was primarily attributable to increased sales volumes of approximately $65 million, lower input costs of approximately $34 million, increases in operations productivity of approximately $31 million and lower restructuring, acquisition and integration-related costs of approximately $4 million, which includes approximately $7 million of costs in the current period related to inventory step-up, partially offset by the net impact of unfavorable foreign exchange rates of approximately $21 million, costs associated with investments in new product development, sales personnel and marketing of approximately $13 million, the unfavorable impact of price and product mix of approximately $12 million, increased employee costs of approximately $11 million, and costs associated with investments in expansion of production capacity of approximately $3 million.

Global Ceramic segment—Operating income was $120.1 million (15.2% of segment net sales) for the three months endedOctober 3, 2015 reflecting an increase of $18.8 million compared to operating income of $101.3 million (13.0% of segment net sales) for the three months endedSeptember 27, 2014. The increase in operating income was primarily attributable to increased sales volumes of approximately $19 million, operations productivity of approximately $10 million, and the favorable net impact of price and product mix of approximately $10 million, partially offset by the net impact of unfavorable foreign exchange rates of approximately $12 million and costs associated with investments in new product development, sales personnel, and marketing of approximately $8 million.

Flooring NA segment—Operating income was $125.9 million (13.2% of segment net sales) for the three months endedOctober 3, 2015 reflecting an increase of $42.3 million compared to operating income of $83.6 million (9.4% of segment net sales) for the three months endedSeptember 27, 2014. The increase in operating income was primarily attributable to lower input costs of approximately $29 million, increases in operations productivity of approximately $25 million, increased sales volume of approximately $14 million, and the favorable impact of lower restructuring, acquisition and integration costs of approximately $4 million, partially offset by the unfavorable net impact of price and product mix of approximately $20 million, increased employee costs of approximately $6 million, and costs associated with investments in new product development, sales personnel, and marketing of approximately $5 million.

Flooring ROW segment—Operating income was $55.5 million (13.7% of segment net sales) for the three months endedOctober 3, 2015 reflecting an increase of $20.4 million compared to operating income of $35.0 million (10.7% of segment net sales) for the three months endedSeptember 27, 2014. The increase in operating income was primarily attributable to higher sales volumes of approximately $32 million and lower input costs of approximately $3 million, partially offset by the net impact of

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unfavorable foreign exchange rates of approximately $9 million, costs associated with investments in expansion of production capacity of approximately $2 million, and the unfavorable net impact of price and product mix of approximately $2 million.

Interest expense

Interest expense was $19.3 million for the three months endedOctober 3, 2015, reflecting a decrease of $15.5 million compared to interest expense of $34.8 million for the three months endedSeptember 27, 2014. The decrease was primarily attributable to the Company purchasing approximately $254.5 million of the 6.125% senior notes in 2014 and lower interest rates.

Other (income) expense, net

Other expense was $4.2 million for the three months endedOctober 3, 2015, reflecting an unfavorable change of $6.6 million compared to other income of $2.4 million for the three months endedSeptember 27, 2014. The increase was primarily attributable to the unfavorable impact of foreign exchange rates on transactions.

Income tax expense

For the three months endedOctober 3, 2015, the Company recorded income tax expense of $49.5 million on earnings from continuing operations before income taxes of $265.2 million for an effective tax rate of 18.7%, as compared to an income tax expense of $30.0 million on earnings from continuing operations before income taxes of $181.3 million, for an effective tax rate of 16.6% for the three months endedSeptember 27, 2014. The difference in the effective tax rate for the comparative period is due to the geographic dispersion of earnings and losses for the periods.

Nine Months Ended October 3, 2015, as compared with Nine Months Ended September 27, 2014

Net sales

Net sales for the nine months endedOctober 3, 2015 were $6,073.6 million, reflecting an increase of $221.6 million, or 3.8%, from the $5,852.0 million reported for the nine months endedSeptember 27, 2014. The increase was primarily attributable to higher sales volume of approximately $551 million, or 9%, and favorable impact of additional shipping days during the period of approximately $105 million, or 2%, partially offset by the net impact of unfavorable foreign exchange rates of approximately $409 million, or 7% and the unfavorable net impact of price and product mix of approximately $25 million. Of the $551 million increase in sales volume, approximately $234 million was attributable to acquisitions.

Global Ceramic segment—Net sales increased $29.5 million, or 1.3%, to $2,301.2 million for the nine months endedOctober 3, 2015, compared to $2,271.7 million for the nine months endedSeptember 27, 2014. The increase was primarily attributable to higher sales volume of approximately $120 million, or 5%, the favorable impact of additional shipping days during the period of approximately $37 million, or 2% and the favorable net impact of price and product mix of approximately $83 million, or 4%, offset by the net impact of unfavorable foreign exchange rates of approximately $211 million, or 9%. Of the $120 million increase in sales volume, approximately $44 million was attributable to the KAI Group acquisition.

Flooring NA segment—Net sales increased $159.8 million, or 6.2%, to $2,722.3 million for the nine months endedOctober 3, 2015, compared to $2,562.6 million for the nine months endedSeptember 27, 2014. The increase was primarily attributable to higher sales volumes of approximately $211 million, or 8%, the favorable impact of additional shipping days during the period of approximately $47 million, or 2%, partially offset by the unfavorable net impact of price and product mix of approximately $98 million, or 4%. Of the $211 increase in sales volume, approximately $48 million was attributable to the IVC Group acquisition.

Flooring ROW segment—Net sales increased $28.4 million, or 2.8%, to $1,050.4 million for the nine months endedOctober 3, 2015, compared to $1,022.0 million for the nine months endedSeptember 27, 2014. The increase was primarily attributable to higher sales volume of approximately $216 million, or 21%, and the favorable impact of additional shipping days during the period of approximately $21 million, or 2%, partially offset by the net impact of unfavorable foreign exchange rates of approximately $197 million, or 19% and the unfavorable net impact of price and product mix of approximately $11 million, or 1%. Of the $216 million increase in sales volume, approximately $142 million was attributable to the IVC Group acquisition.

Gross profit

Gross profit for the nine months endedOctober 3, 2015 was $1,788.5 million (29.4% of net sales), an increase of $175.9 million or 10.9%, compared to gross profit of $1,612.6 million (27.6% of net sales) for the nine months endedSeptember 27,

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2014. As a percentage of net sales, gross profit increased180 basis points. The increase in gross profit dollars was primarily attributable to higher sales volume of approximately $210 million, operations productivity of approximately $93 million, and lower input costs of approximately $58 million, partially offset by the net impact of unfavorable foreign exchange rates of approximately $125 million, the unfavorable net impact of price and product mix of approximately $24 million, the unfavorable impact of higher restructuring, acquisition and integration-related costs of approximately $23 million, and costs associated with investments in expansion of production capacity of approximately $11 million.

Selling, general and administrative expenses

Selling, general and administrative expenses for the nine months endedOctober 3, 2015 were $1,200.2 million (19.8% of net sales), an increase of $154.3 million compared to $1,045.9 million (17.9% of net sales) for the nine months endedSeptember 27, 2014. As a percentage of net sales, selling, general and administrative expenses increased190 basis points. The increase in selling, general and administrative expenses in dollars was primarily attributable to a $125 million charge related to the settlement and further defense of the polyurethane foam litigation described in more detail herein, approximately $55 million due to higher sales volume, approximately $27 million of costs associated with investments in new product development, sales personnel, and marketing, and increased employee costs of approximately $22 million, partially offset by the positive impact of foreign exchange rates of approximately $62 million, lower restructuring, acquisition and integration-related costs of approximately $11 million.

Operating income

Operating income for the nine months endedOctober 3, 2015 was $588.3 million (9.7% of net sales) reflecting an increase of $21.6 million, or 3.8%, compared to operating income of $566.7 million (9.7% of net sales) for the nine months endedSeptember 27, 2014. The increase in operating income was primarily attributable to increased sales volumes of approximately $153 million, increases in operations productivity of approximately $93 million, and lower input costs of approximately $58 million, partially offset by a $125 million charge related to the settlement and further defense of the polyurethane foam litigation described in more detail herein, the net impact of unfavorable foreign exchange rates of approximately $62 million, costs associated with investments in new product development, sales personnel and marketing of approximately $27 million, the unfavorable net impact of price and product mix of approximately $24 million, increased employee costs of approximately $22 million, the unfavorable impact of higher restructuring, acquisition and integration-related costs of approximately $12 million which includes approximately $13 million of costs related to inventory step-up, and costs associated with investments in expansion of production capacity of approximately 11 million.

Global Ceramic segment—Operating income was $326.6 million (14.2% of segment net sales) for the nine months endedOctober 3, 2015 reflecting an increase of $58.3 million compared to operating income of $268.3 million (11.8% of segment net sales) for the nine months endedSeptember 27, 2014. The increase in operating income was primarily attributable to sales volume increases of approximately $57 million, operations productivity of approximately $25 million, the favorable net impact of price and product mix of approximately $25 million and lower restructuring, acquisition and integration-related costs of approximately $3 million, partially offset by the net impact of unfavorable foreign exchange rates of approximately $30 million, costs associated with investments in new product development, sales personnel and marketing of approximately $20 million and investments in expansion of production capacity of approximately $2 million.

Flooring NA segment—Operating income was $145.9 million (5.4% of segment net sales) for the nine months endedOctober 3, 2015 reflecting a decrease of $61.7 million compared to operating income of $207.6 million (8.1% of segment net sales) for the nine months endedSeptember 27, 2014. The decrease in operating income was primarily attributable to a $125 million charge related to the settlement and further defense of the polyurethane foam litigation described in more detail herein, the unfavorable net impact of price and product mix of approximately $44 million, the unfavorable impact of higher restructuring, acquisition and integration-related costs of approximately $14 million, increased employee costs of approximately $8 million, and costs associated with investments in new product development, sales personnel and marketing of approximately $7 million, partially offset by increases in operations productivity of approximately $67 million, lower input costs of approximately $36 million, and sales volume increases of approximately $28 million.

Flooring ROW segment—Operating income was $153.2 million (14.6% of segment net sales) for the nine months endedOctober 3, 2015 reflecting an increase of $39.3 million compared to operating income of $113.9 million (11.1% of segment net sales) for the nine months endedSeptember 27, 2014. The increase in operating income was primarily attributable to higher sales volume of approximately $68 million, lower input costs of approximately $15 million, and lower restructuring, acquisition and integration costs of $5 million, partially offset by the net impact of unfavorable foreign exchange rates of approximately $32 million, costs associated with investments in expansion of production capacity of approximately $8 million, and the unfavorable net impact of price and product mix of approximately $5 million.

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Interest expense

Interest expense was $52.6 million for the nine months endedOctober 3, 2015, reflecting a decrease of $25.0 million compared to interest expense of $77.6 million for the nine months endedSeptember 27, 2014. The decrease was primarily attributable to the Company purchasing approximately $254.5 million of the 6.125% senior notes in 2014 and lower rates.

Other (income) expense, net

Other expense was $6.1 million for the nine months endedOctober 3, 2015, reflecting an unfavorable change of $5.1 million compared to other expense of $1.0 million for the nine months endedSeptember 27, 2014. The increase was primarily attributable to the unfavorable impact of foreign exchange rates on transactions.

Income tax expense

For the nine months endedOctober 3, 2015, the Company recorded income tax expense of $104.6 million on earnings from continuing operations before income taxes of $529.6 million for an effective tax rate of 19.8%, as compared to an income tax expense of $103.0 million on earnings from continuing operations before income taxes of $488.1 million, for an effective tax rate of 21.1% for the nine months endedSeptember 27, 2014. The difference in the effective tax rate for the comparative period is primarily due to the geographic dispersion of earnings and losses for the periods.

Liquidity and Capital Resources

The Company’s primary capital requirements are for working capital, capital expenditures and acquisitions. The Company’s capital needs are met primarily through a combination of internally generated funds, commercial paper, bank credit lines, term and senior notes and credit terms from suppliers.

Net cash provided by operating activities in the first nine months of 2015 was $657.0 million, compared to net cash provided by operating activities of $323.4 million in the first nine months of 2014. The increase of $333.5 million was primarily attributable to changes in working capital. Receivables, inventories and accounts payable used $270.8 million less cash during 2015 compared to 2014. These changes in working capital reflect normal fluctuations relative to the timing and nature of these transactions. Also contributing to the increase in cash provided by operating activities were higher earnings driven by increases in sales volumes, improved operations productivity and decreases in income tax and interest expense, partially offset by the foam litigation charge and the net impact of unfavorable foreign exchange rates.

Net cash used in investing activities in the first nine months of 2015 was $1,563.8 million compared to net cash used in investing activities of $391.6 million in the first nine months of 2014. The increase was primarily attributable to acquisitions of $1,211.7 million in the current year partially offset by lower capital expenditures of $39.5 million in the current year. Capital spending during the remainder of 2015 is expected to range from approximately $150 million to $200 million and is intended to support sales and income growth, promote new product innovations and upgrade the assets of the acquired businesses.

Net cash provided by financing activities in the first nine months of 2015 was $930.5 million compared to net cash provided by financing activities of $126.6 million in the first nine months of 2014. The change in cash provided by financing is primarily attributable to increased borrowings in the current year.

Senior Credit Facility

On September 25, 2013, the Company entered into a $1,000.0 million, 5-year, senior revolving credit facility (the "2013 Senior Credit Facility"). The 2013 Senior Credit Facility provided for a maximum of $1,000.0 million of revolving credit, including limited amounts of credit in the form of letters of credit and swingline loans. The Company paid financing costs of $1.8 million in connection with its 2013 Senior Credit Facility. These costs were deferred and, along with unamortized costs of $11.4 million related to the Company’s previous credit facility, were amortized over the term of the 2013 Senior Credit Facility.

On March 26, 2015, the Company amended and restated the 2013 Senior Credit Facility increasing its size from $1,000.0 million to $1,800.0 million and extending the maturity from September 25, 2018 to March 26, 2020 (the "2015 Senior Credit Facility"). The 2015 Senior Credit Facility eliminates certain provisions in the 2013 Senior Credit Facility, including those that: (a) accelerated the maturity date to 90 days prior to the maturity of senior notes due in January 2016 if certain specified liquidity levels were not met; and (b) required that certain subsidiaries guarantee the Company's obligations if the Company’s credit ratings

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fell below investment grade. The 2015 Senior Credit Facility also modified certain negative covenants to provide the Company with additional flexibility, including that to make acquisitions and incur indebtedness.

At the Company's election, revolving loans under the 2015 Senior Credit Facility bear interest at annual rates equal to either (a) LIBOR for 1, 2, 3 or 6 month periods, as selected by the Company, plus an applicable margin ranging between 1.00% and 1.75%, or (b) the higher of the Wells Fargo Bank, National Association prime rate, the Federal Funds rate plus 0.5%, and a monthly LIBOR rate plus 1.0%, plus an applicable margin ranging between 0.00% and 0.75%. The Company also pays a commitment fee to the Lenders under the 2015 Senior Credit Facility on the average amount by which the aggregate commitments of the Lenders' exceed utilization of the 2015 Senior Credit Facility ranging from 0.10% to 0.225% per annum. The applicable margins and the commitment fee are determined based on whichever of the Company's Consolidated Net Leverage Ratio or its senior unsecured debt rating (or if not available, corporate family rating) results in the lower applicable margins and commitment fee (with applicable margins and the commitment fee increasing as that ratio increases or those ratings decline, as applicable).

The obligations of the Company and its subsidiaries in respect of the 2015 Senior Credit Facility are unsecured.

The 2015 Senior Credit Facility includes certain affirmative and negative covenants that impose restrictions on the Company's financial and business operations, including limitations on liens, subsidiary indebtedness, fundamental changes, asset dispositions, dividends and other similar restricted payments, transactions with affiliates, future negative pledges, and changes in the nature of the Company's business. These limitations are subject to exceptions. The Company is also required to maintain a Consolidated Interest Coverage Ratio of at least 3.0 to 1.0 and a Consolidated Net Leverage Ratio of no more than 3.75 to 1.0, each as of the last day of any fiscal quarter.

The 2015 Senior Credit Facility also contains customary representations and warranties and events of default, subject to customary grace periods.

The Company paid financing costs of $2.6 million in connection with its 2015 Senior Credit Facility. These costs were deferred and, along with unamortized costs of $8.7 million related to the Company’s 2013 Senior Credit Facility, are being amortized over the term of the 2015 Senior Credit Facility.

As of October 3, 2015, amounts utilized under the 2015 Senior Credit Facility included $164.7 million of borrowings and $1.4 million of standby letters of credit related to various insurance contracts and foreign vendor commitments. The outstanding borrowings of $702.3 million under the Company's U.S. and European commercial paper programs as of October 3, 2015 reduce the availability of the 2015 Senior Credit Facility. Taking the commercial paper borrowings into account, the Company has utilized $868.4 million under the 2015 Senior Credit Facility resulting in a total of $931.6 million available under the 2015 Senior Credit Facility.

Commercial Paper

On February 28, 2014, the Company established a U.S. commercial paper program for the issuance of unsecured commercial paper in the United States capital markets. Under the commercial paper program, the Company issues commercial paper notes from time to time, subject to availability under the 2015 Senior Credit Facility. On May 21, 2015, following the amendment and restatement of the 2013 Credit Facility, the Company expanded the amount of borrowings permitted under its U.S. commercial paper program from $1,000.0 million to $1,800.0 million. The U.S. commercial paper notes will have maturities ranging from one day to 397 days and will not be subject to voluntary prepayment by the Company or redemption prior to maturity. The U.S. commercial paper notes will rank pari passu with all of the Company's other unsecured and unsubordinated indebtedness.

On July 31, 2015, the Company established a European commercial paper program for the issuance of unsecured commercial paper in the Eurozone capital markets. Under the European commercial paper program, the Company issues commercial paper notes from time to time, subject to a cap equal to the lower of availability under the 2015 Senior Credit Facility and the euro equivalent of $1,000.0 million. The European commercial paper notes will have maturities ranging from one day to 183 days and will not be subject to voluntary prepayment by the Company or redemption prior to maturity. The European commercial paper notes will rank pari passu with all of the Company's other unsecured and unsubordinated indebtedness. Payment on the European commercial paper notes will be fully and unconditionally guaranteed by the Company.

The Company uses its 2015 Senior Credit Facility as a liquidity backstop for its commercial paper programs. Accordingly, the total amount due and payable under any of the Company's commercial paper programs may not exceed $1,800.0 million (or its equivalent in alternative currencies) at any time.

27

The proceeds from the sale of commercial paper notes will be available for general corporate purposes. The Company used the initial proceeds from the sale of U.S. commercial paper notes to repay borrowings under its 2013 Senior Credit Facility and certain of its industrial revenue bonds. The Company used the initial proceeds from the sale of European commercial paper notes to repay euro-denominated borrowings under its 2015 Senior Credit Facility. As of October 3, 2015, the amount utilized under the commercial paper programs was $702.3 million with a weighted-average interest rate and maturity period of 0.46% and 22.75 days, respectively for the U.S. commercial paper program and 0.04% and 33.5 days, respectively for the European commercial paper program. 

Senior Notes

On June 9, 2015, the Company issued €500.0 million aggregate principal amount of 2.00% Senior Notes due January 14, 2022. The Notes are senior unsecured obligations of the Company and rank pari passu with all of the Company’s existing and future unsecured indebtedness. Interest on the Notes is payable annually in cash on January 14 of each year, commencing on January 14, 2016. The Company paid financing costs of $4.2 million in connection with the 2.00% Senior Notes. These costs were deferred and are being amortized over the term of the 2.00% Senior Notes.

On January 31, 2013, the Company issued $600.0 million aggregate principal amount of 3.85% Senior Notes due February 1, 2023. The Company paid financing costs of $6.0 million in connection with the 3.85% Senior Notes. These costs were deferred and are being amortized over the term of the 3.85% Senior Notes.

On January 17, 2006, the Company issued $900.0 million aggregate principal amount of 6.125% notes due January 15, 2016. Interest payable on these notes is subject to adjustment if either Moody’s or S&P, or both, upgrades or downgrades the rating assigned to the Company. Each rating agency downgrade results in a 0.25% increase in the interest rate, subject to a maximum increase of 1% per rating agency. If later the rating of these notes improves, then the interest rates would be reduced accordingly. Each 0.25% increase in the interest rate of these notes would increase the Company’s interest expense by approximately $63 thousand per quarter per $100.0 million of outstanding notes. The current rate in effect is 6.125%. Any future downgrades in the Company’s credit ratings could increase the cost of its existing credit and adversely affect the cost of and ability to obtain additional credit in the future.

On August 15, 2014, the Company purchased for cash approximately $200.0 million aggregate principal amount of its outstanding 6.125% senior notes due January 15, 2016 at a price equal to 107.73% of the principal amount, resulting in a premium to redeeming noteholders of approximately $15.5 million and fees of $1.1 million associated with the redemption. The premium as well as the fees are included in interest expense on the condensed consolidated statement of operations for the three and nine months endedOctober 3, 2015.

On November 3, 2014, the Company purchased for cash approximately $54.4 million aggregate principal amount of its outstanding 6.125% senior notes due January 15, 2016 at a price equal to 106.38% of the principal amount, resulting in a premium to redeeming noteholders of approximately $3.5 million. The premium is included in interest expense on the condensed consolidated statement of operations as at October 3, 2015.

Accounts Receivable Securitization

On December 19, 2012, the Company entered into a three-year on-balance sheet trade accounts receivable securitization agreement (the "Securitization Facility"). On September 11, 2014, the Company made certain modifications to its Securitization Facility, which modifications, among other things, increased the aggregate borrowings available under the facility from $300.0 million to $500.0 million and decreased the interest margins on certain borrowings. Under the terms of the Securitization Facility, certain subsidiaries of the Company sell at a discount certain of their trade accounts receivable (the “Receivables”) to Mohawk Factoring, LLC (“Factoring”) on a revolving basis. Factoring is a wholly owned, bankruptcy remote subsidiary of the Company, meaning that Factoring is a separate legal entity whose assets are available to satisfy the claims of the creditors of Factoring only, not the creditors of the Company or the Company’s other subsidiaries.  To fund such purchases, Factoring may borrow up to $500.0 million based on the amount of eligible Receivables owned by Factoring, and Factoring has granted a security interest in all of such Receivables to the third-party lending group as collateral for such borrowings.  Amounts loaned to Factoring under the Securitization Facility bear interest at commercial paper interest rates, in the case of lenders that are commercial paper conduits, or LIBOR, in the case of lenders that are not commercial paper conduits, in each case, plus an applicable margin of 0.70% per annum. Factoring also pays a commitment fee at a per annum rate of 0.35% on the unused amount of each lender’s commitment.

At October 3, 2015, the amount utilized under the Securitization Facility was $500.0 million, which was secured by $763.8 million of Receivables.

28

The Company may continue, from time to time, to retire its outstanding debt through cash purchases in the open market, privately negotiated transactions or otherwise. Such repurchases, if any, will depend on prevailing market conditions, the Company’s liquidity requirements, contractual restrictions and other factors. The amount involved may be material.

As of October 3, 2015, the Company had cash of $110.7 million, of which $78.7 million was held outside the United States. While the Company’s plans are to permanently reinvest the cash held outside the United States, the estimated cost of repatriation for the cash as of October 3, 2015 was approximately $27.6 million. The Company believes that its cash and cash equivalents on hand, cash generated from operations and availability under its 2015 Senior Credit Facility and commercial paper programs will be sufficient to meet its capital expenditure, working capital and debt servicing requirements over the next twelve months.

29

Contractual Obligations

There have been no significant changes to the Company’s contractual obligations as disclosed in the Company’s 2014 Annual Report filed on Form 10-K.

Critical Accounting Policies and Estimates

There have been no significant changes to the Company’s critical accounting policies and estimates during the period, except as described in Note 1 in the Notes to Condensed Consolidated Financial Statements of this Form 10-Q under the headings "Segment Realignment" and "Hedges of Net Investments in Non-U.S. Operations." The Company’s critical accounting policies and estimates are described in its 2014 Annual Report filed on Form 10-K.

Recent Accounting Pronouncements

See Note 1 in the Notes to Condensed Consolidated Financial Statements of this Form 10-Q under the heading "Recent Accounting Pronouncements" for a discussion of new accounting pronouncements which is incorporated herein by reference.

Impact of Inflation

Inflation affects the Company’s manufacturing costs, distribution costs and operating expenses. The Company expects raw material prices, many of which are petroleum based, to fluctuate based upon worldwide supply and demand of commodities utilized in the Company’s production processes. Although the Company attempts to pass on increases in raw material, energy and fuel-related costs to its customers, the Company’s ability to do so is dependent upon the rate and magnitude of any increase, competitive pressures and market conditions for the Company’s products. There have been in the past, and may be in the future, periods of time during which increases in these costs cannot be fully recovered. In the past, the Company has often been able to enhance productivity and develop new product innovations to help offset increases in costs resulting from inflation in its operations.

Off-Balance Sheet Arrangements

The Company did not have any off-balance sheet arrangements as of October 3, 2015.

Seasonality

The Company is a calendar year-end company. With respect to its Flooring NA and Global Ceramic segments, its results of operations for the first quarter tend to be the weakest followed by the fourth quarter. The second and third quarters typically produce higher net sales and operating income in these segments. These results are primarily due to consumer residential spending patterns which have historically decreased during the holiday season and the first two months following. The Flooring ROW segment’s second quarter typically produces the highest net sales and earnings followed by a moderate first and fourth quarter and a weaker third quarter.

Forward-Looking Information

Certain of the statements in this Form 10-Q, particularly those anticipating future performance, business prospects, growth and operating strategies, and similar matters, and those that include the words “could,” “should,” “believes,” “anticipates,” “expects” and “estimates” or similar expressions constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. For those statements, Mohawk claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. There can be no assurance that the forward-looking statements will be accurate because they are based on many assumptions, which involve risks and uncertainties. The following important factors could cause future results to differ: changes in economic or industry conditions; competition; inflation and deflation in raw material prices and other input costs; inflation and deflation in consumer markets; energy costs and supply; timing and level of capital expenditures; timing and implementation of price increases for the Company’s products; impairment charges; integration of acquisitions; international operations; introduction of new products; rationalization of operations; tax, product and other claims; litigation; and other risks identified in Mohawk’s SEC reports and public announcements.

30

Item 3. Quantitative and Qualitative Disclosures About Market Risk

As of October 3, 2015, approximately 57% of the Company's debt portfolio was comprised of fixed-rate debt and 43% was floating-rate debt. A 1.0 percentage point change in the interest rate of the floating-rate debt would not have a material impact on the Company's results of operations. There have been no other significant changes to the Company’s exposure to market risk as disclosed in the Company’s 2014 Annual Report filed on Form 10-K.    

Item 4. Controls and Procedures

Based on an evaluation of the effectiveness of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended), which have been designed to provide reasonable assurance that such controls and procedures will meet their objectives, as of the end of the period covered by this report, the Company’s Chief Executive Officer and Chief Financial Officer have concluded that such controls and procedures were effective at a reasonable assurance level for the period covered by this report.

There were no changes in the Company's internal control over financial reporting that occurred during the period covered by this report that materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting other than the integration of the Acquisitions referenced in Note 2 in the Notes to Condensed Consolidated Financial Statements of this Form 10-Q. As a result of these transactions, the Company's internal control over financial reporting now includes controls, procedures and supporting systems with respect to transactions and account balances of the Acquisitions, which are reflected in the Company's consolidated financial statements.

31

PART II. OTHER INFORMATION

Item 1. Legal Proceedings

The Company is involved in litigation from time to time in the regular course of its business. Except as noted below, there are no material legal proceedings pending or known by the Company to be contemplated to which the Company is a party or to which any of its property is subject.

Polyurethane Foam Litigation

Beginning in August 2010, a series of civil lawsuits were initiated in several U.S. federal courts alleging that certain manufacturers of polyurethane foam products and competitors of the Company’s carpet underlay division had engaged in price fixing in violation of U.S. antitrust laws. The Company has been named as a defendant in a number of individual cases (the first filed on August 26, 2010), as well as in two consolidated amended class action complaints (the first filed on February 28, 2011, on behalf of a class of all direct purchasers of polyurethane foam products, and the second filed on March 21, 2011, on behalf of a class of indirect purchasers). All pending cases in which the Company has been named as a defendant were filed in or transferred to the U.S. District Court for the Northern District of Ohio for consolidated pre-trial proceedings under the name In re: Polyurethane Foam Antitrust Litigation, Case No. 1:10-MDL-02196.

In these actions, the plaintiffs, on behalf of themselves and/or a class of purchasers, seek damages allegedly suffered as a result of alleged overcharges in the price of polyurethane foam products from at least 1999 to the present. Any damages actually awarded at trial are subject to being tripled under U.S. antitrust laws.

On March 23, 2015, the Company entered into an agreement to settle all claims brought by the class of direct purchasers, and on April 30, 2015, the Company entered into an agreement to settle all claims brought by the class of indirect purchasers. Both settlement agreements are subject to court approval, which the Company expects to receive. The Company denies all allegations of wrongdoing but settled the class actions to avoid the uncertainty, risk, expense and distraction of protracted litigation.

The Company remains a defendant in a number of cases involving other purchasers of polyurethane foam products not sold by the Company. On April 23, 2015, the Court consolidated twelve of these lawsuits involving non-class claims filed against the Company by direct purchasers of polyurethane foam. These consolidated cases had been scheduled for trial to begin August 18, 2015. The Company has executed agreements to settle all of the cases set for trial in August and ten additional individual cases. The Company has also reached an agreement in principle to settle one additional individual case. Three individual cases remain pending against the Company, all of which were brought by purchasers of polyurethane foam products not sold by the Company. The amount of the damages in the remaining cases varies or has not yet been specified by the plaintiffs. Each plaintiff also seeks attorney fees, pre-judgment and post-judgment interest, court costs and injunctive relief against future violations.

In December 2011, the Company was named as a defendant in a Canadian Class action, Hi! Neighbor Floor Covering Co. Limited v. Hickory Springs Manufacturing Company, et al., filed in the Superior Court of Justice of Ontario, Canada and Options Consommateures v. Vitafoam, Inc. et.al., filed in the Superior Court of Justice of Quebec, Montreal, Canada, both of which allege similar claims against the Company as raised in the U.S. actions and seek unspecified damages and punitive damages. On June 12, 2015, the Company entered into an agreement to settle all claims brought by the class of Canadian plaintiffs. The Company continues to deny all allegations of wrongdoing but is settling to avoid the uncertainty, risk, expense and distraction of protracted litigation.

During the three months ended April 4, 2015 the Company recorded a $125 million charge within selling, general and administrative expenses for the settlement and defense of the antitrust cases. The Company believes that adequate provisions for resolution of all of these cases have been made. The Company does not believe that the ultimate outcome of the remaining cases will have a material adverse effect on its financial condition.

Belgian Tax Matter

In January 2012, the Company received a €23.8 million assessment from the Belgian tax authority related to its year ended December 31, 2008, asserting that the Company had understated its Belgian taxable income for that year. The Company filed a formal protest in the first quarter of 2012 refuting the Belgian tax authority's position. The Belgian tax authority set aside the assessment in the third quarter of 2012 and refunded all related deposits, including interest income of €1.6 million earned on such deposits. However, on October 23, 2012, the Belgian tax authority notified the Company of its intent to increase the Company's taxable income for the year ended December 31, 2008 under a revised theory.

32

    On December 28, 2012, the Belgian tax authority issued assessments for the years ended December 31, 2005 and December 31, 2009, in the amounts of €46.1 million and €35.6 million, respectively, including penalties, but excluding interest. The Company filed a formal protest during the first quarter of 2013 relating to the new assessments. In September 2013, the Belgian tax authority denied the Company's protests, and the Company has brought these two years before the Court of First Appeal in Bruges.

In December 2013, the Belgian tax authority issued additional assessments related to the years ended December 31, 2006, 2007, and 2010, in the amounts of €38.8 million, €39.6 million, and €43.1 million, respectively, including penalties, but excluding interest. The Company filed formal protests during the first quarter of 2014, refuting the Belgian tax authority's position for each of the years assessed. In the quarter ended June 28, 2014, the Company received a formal assessment for the year ended December 31, 2008, totaling €30.1 million, against which the Company also submitted its formal protest. All 4 additional years were brought before the Court of First Appeal in November 2014.

In January of 2015, the Company met with the Court of First Appeal in Bruges and agreed with the Belgian tax authorities to consolidate and argue the issues regarding the years 2005 and 2009, and apply the ruling to all of the open years (to the extent there are no additional facts/procedural arguments in the other years). The case is scheduled to be argued on December 2, 2015.

The Company continues to disagree with the views of the Belgian tax authority on this matter and will persist in its vigorous defense. Although there can be no assurances, the Company believes the ultimate outcome of these actions will not have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, liquidity or cash flows in a given quarter or year.

The Company believes that adequate provisions for resolution of all contingencies, claims and pending litigation have been made for probable losses that are reasonably estimable. These contingencies are subject to significant uncertainties and we are unable to estimate the amount or range of loss, if any, in excess of amounts accrued. The Company does not believe that the ultimate outcome of these actions will have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, cash flows or liquidity in a given quarter or year.

Item 1A. Risk Factors

There have been no material changes in the Company's risk factors from those disclosed in Part I, Item 1A to our Annual Report on Form 10-K for the year ended December 31, 2014. The risk factors disclosed in our Annual Report on Form 10-K, in addition to the other information set forth in this report, could materially affect our business, financial condition or results.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

None.

Item 5. Other Information

None.

33

Item 6. Exhibits

No.	Description
31.1	Certification Pursuant to Rule 13a-14(a).
31.2	Certification Pursuant to Rule 13a-14(a).
32.1	Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2	Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension Schema Document.
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document.

34

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

			MOHAWK INDUSTRIES, INC.
			(Registrant)
Dated:	November 9, 2015	By:	/s/ Jeffrey S. Lorberbaum
			JEFFREY S. LORBERBAUM
			Chairman and Chief Executive Officer
			(principal executive officer)
Dated:	November 9, 2015	By:	/s/ Frank H. Boykin
			FRANK H. BOYKIN
			Chief Financial Officer
			(principal financial officer)

35

EX-31.1

EXHIBIT 31.1

CERTIFICATIONS

I, Jeffrey S. Lorberbaum, certify that:

1.		I have reviewed this quarterly report on Form 10-Q of Mohawk Industries, Inc.;
2.		Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.		Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.		The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.		The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
	(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
	(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 9, 2015

/s/ Jeffrey S. Lorberbaum

Jeffrey S. Lorberbaum

Chairman and Chief Executive Officer

EX-31.2

EXHIBIT 31.2

CERTIFICATIONS

I, Frank H. Boykin, certify that:

1.		I have reviewed this quarterly report on Form 10-Q of Mohawk Industries, Inc.;
2.		Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.		Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.		The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
	(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.		The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
	(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
	(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 9, 2015

/s/ Frank H. Boykin

Frank H. Boykin

Chief Financial Officer

EX-32.1

EXHIBIT 32.1

Statement of Chief Executive Officer of

MOHAWK INDUSTRIES, INC.

Pursuant to 18 U.S.C. Section 1350,

As Adopted Pursuant to

§ 906 of the Sarbanes-Oxley Act of 2002

In connection with the quarterly report of Mohawk Industries, Inc. (the “Company”) on Form 10-Q for the period ended October 3, 2015 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Jeffrey S. Lorberbaum, Chairman and Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that, based on my knowledge:

1.	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Jeffrey S. Lorberbaum

Jeffrey S. Lorberbaum

Chairman and Chief Executive Officer

November 9, 2015

EX-32.2

EXHIBIT 32.2

Statement of Chief Financial Officer of

MOHAWK INDUSTRIES, INC.

Pursuant to 18 U.S.C. Section 1350,

As Adopted Pursuant to

§ 906 of the Sarbanes-Oxley Act of 2002

In connection with the quarterly report of Mohawk Industries, Inc. (the “Company”) on Form 10-Q for the period ended October 3, 2015 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Frank H. Boykin, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. § 1350, as adopted pursuant to § 906 of the Sarbanes-Oxley Act of 2002, that, based on my knowledge:

1.	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Frank H. Boykin

Frank H. Boykin

Chief Financial Officer

November 9, 2015

XML

Goodwill and intangible assets (Schedule of goodwill) (Details) $ in Thousands	9 Months Ended
	Oct. 03, 2015 USD ($)
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	$ 2,931,777
Accumulated impairment losses	(1,327,425)
Goodwill, net, beginning balance	1,604,352
Goodwill recognized or adjusted during the period	733,664
Currency translation during the year	(57,294)
Goodwill, gross, ending balance	3,608,147
Accumulated impairment losses	(1,327,425)
Goodwill, net, ending balance	2,280,722
Global Ceramic Segment [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	1,395,132
Accumulated impairment losses	(531,930)
Goodwill, net, beginning balance	863,202
Goodwill recognized or adjusted during the period	100,316
Currency translation during the year	(12,579)
Goodwill, gross, ending balance	1,482,869
Accumulated impairment losses	(531,930)
Goodwill, net, ending balance	950,939
Flooring NA Segment [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	538,515
Accumulated impairment losses	(343,054)
Goodwill, net, beginning balance	195,461
Goodwill recognized or adjusted during the period	319,528
Currency translation during the year	0
Goodwill, gross, ending balance	858,043
Accumulated impairment losses	(343,054)
Goodwill, net, ending balance	514,989
Flooring ROW Segment [Member]
Goodwill [Roll Forward]
Goodwill, gross, beginning balance	998,130
Accumulated impairment losses	(452,441)
Goodwill, net, beginning balance	545,689
Goodwill recognized or adjusted during the period	313,820
Currency translation during the year	(44,715)
Goodwill, gross, ending balance	1,267,235
Accumulated impairment losses	(452,441)
Goodwill, net, ending balance	$ 814,794

XML

Debt (Fair Value and Carrying Value of Debt Instruments) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Less current portion of long term debt and commercial paper	$ 1,927,815	$ 851,305
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	702,272	301,600
Capital leases and other	17,773	10,620
Total debt	3,207,691	2,288,898
Less current portion of long term debt and commercial paper	1,937,253	851,305
Long-term debt, less current portion	1,270,438	1,437,593
Fair Value [Member] | 3.85% Senior Notes Due February 1,2023 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	605,922	603,180
Fair Value [Member] | 6.125% Notes, Payable January 15, 2016 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	654,993	677,833
Fair Value [Member] | 2.00% Notes, Payable January 14, 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	562,004	0
Fair Value [Member] | Five-year senior secured credit facility, due September 25, 2018 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	164,727	195,665
Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Commercial paper	702,272	301,600
Capital leases and other	17,773	10,620
Total debt	3,190,991	2,253,440
Less current portion of long term debt and commercial paper	1,927,815	851,305
Long-term debt, less current portion	1,263,176	1,402,135
Carrying Value [Member] | 3.85% Senior Notes Due February 1,2023 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	600,000	600,000
Carrying Value [Member] | 6.125% Notes, Payable January 15, 2016 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	645,555	645,555
Carrying Value [Member] | 2.00% Notes, Payable January 14, 2022 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	560,664	0
Carrying Value [Member] | Five-year senior secured credit facility, due September 25, 2018 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Notes payable	164,727	195,665
Secured Credit Facility [Member] | Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securitization facility	500,000	500,000
Secured Credit Facility [Member] | Carrying Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securitization facility	$ 500,000	$ 500,000

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Segment reporting (Summary of segment information) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015 USD ($)	Sep. 27, 2014 USD ($)	Oct. 03, 2015 USD ($) segment	Sep. 27, 2014 USD ($)	Dec. 31, 2014 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			3
Segment Reporting Information [Line Items]
Net sales	$ 2,150,656	$ 1,990,658	$ 6,073,566	$ 5,852,000
Operating income (loss)	288,734	213,693	588,324	566,676
Assets	10,064,482		10,064,482		$ 8,285,544
Operating Segments [Member] | Global Ceramic Segment [Member]
Segment Reporting Information [Line Items]
Net sales	791,538	779,842	2,301,168	2,271,660
Operating income (loss)	120,055	101,254	326,571	268,320
Assets	3,938,242		3,938,242		3,542,594
Operating Segments [Member] | Flooring NA Segment [Member]
Segment Reporting Information [Line Items]
Net sales	955,099	886,317	2,722,347	2,562,560
Operating income (loss)	125,910	83,623	145,861	207,578
Assets	3,195,904		3,195,904		2,587,151
Operating Segments [Member] | Flooring ROW Segment [Member]
Segment Reporting Information [Line Items]
Net sales	404,026	326,146	1,050,390	1,021,951
Operating income (loss)	55,471	35,046	153,164	113,909
Assets	2,699,255		2,699,255		1,909,487
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Intersegment sales	(7)	(1,647)	(339)	(4,171)
Operating income (loss)	(12,702)	$ (6,230)	(37,272)	$ (23,131)
Assets	$ 231,081		$ 231,081		$ 246,312

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Other (income) expense, net (Summary of other expense (income)) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Other Nonoperating Income (Expense) [Abstract]
Foreign currency (gains) losses, net	$ 5,612	$ (163)	$ 8,692	$ 4,693
All other, net	(1,363)	(2,211)	(2,598)	(3,732)
Total other (income) expense, net	$ 4,249	$ (2,374)	$ 6,094	$ 961

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Acquisitions (Narrative) (Details) - USD ($) $ in Thousands				1 Months Ended	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Jun. 12, 2015	May. 12, 2015	Jun. 12, 2015	Oct. 03, 2015	Apr. 04, 2015	Oct. 03, 2015	Jun. 09, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Indemnification assets at acquisition date		$ 57,729		$ 57,729
Redeemable noncontrolling interest	$ 22,150				$ 22,150		$ 22,150		$ 0
Direct transaction costs for Acquisitions					2,725		7,403
Goodwill	2,280,722				2,280,722		2,280,722		1,604,352
Flooring ROW Segment [Member]
Business Acquisition [Line Items]
Goodwill	814,794				814,794		814,794		545,689
Global Ceramic Segment [Member]
Business Acquisition [Line Items]
Goodwill	$ 950,939				$ 950,939		$ 950,939		$ 863,202
2.00% Notes, Payable January 14, 2022 [Member]
Business Acquisition [Line Items]
Interest rate percentage	2.00%	2.00%		2.00%	2.00%		2.00%	2.00%
IVC Group [Member]
Business Acquisition [Line Items]
Consideration transferred		$ 1,146,438
Assumed indebtedness		17,122
Cash payments to acquire entity		732,191
Debt paid in acquisition transaction		$ 261,152
Shares issued for acquisition, in shares		806
Shares issued for acquisition, value		$ 153,095
KAI Group [Member]
Business Acquisition [Line Items]
Consideration transferred			$ 194,613
Assumed indebtedness			24
Cash payments to acquire entity			169,540
Debt paid in acquisition transaction			$ 25,073
Percentage of voting interests acquired			90.00%
Percentage of voting interests owned by third party			10.00%
IVC Group And KAI Group [Member]
Business Acquisition [Line Items]
Consideration transferred				$ 1,341,051	$ 1,341,051
Assumed indebtedness					17,146
Goodwill	$ 730,736				730,736		$ 730,736
IVC Group And KAI Group [Member] | Tradenames [Member]
Business Acquisition [Line Items]
Tradenames	48,563				48,563		48,563
IVC Group And KAI Group [Member] | Customer Relationships [Member]
Business Acquisition [Line Items]
Customer relationships	$ 224,326				224,326		224,326
IVC Group And KAI Group [Member] | Customer Relationships [Member] | Minimum [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life	12 years
IVC Group And KAI Group [Member] | Customer Relationships [Member] | Maximum [Member]
Business Acquisition [Line Items]
Finite-Lived Intangible Asset, Useful Life	14 years
Unidentified Wood Business [Member] | Flooring ROW Segment [Member]
Business Acquisition [Line Items]
Consideration transferred						$ 2,822
Goodwill						$ 2,659
Unidentified Ceramic Business [Member] | Global Ceramic Segment [Member]
Business Acquisition [Line Items]
Consideration transferred					20,423
Goodwill	$ 269				$ 269		$ 269

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Goodwill and intangible assets (Tables)

9 Months Ended

Oct. 03, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

Goodwill:

	Global Ceramic segment			Flooring NA segment		Flooring ROW segment		Total
Balance as of December 31, 2014
Goodwill	$	1,395,132		538,515		998,130		2,931,777
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	863,202		195,461		545,689		1,604,352
Goodwill recognized or adjusted during the period	$	100,316		319,528		313,820		733,664
Currency translation during the period	(12,579		)	—		(44,715	)	(57,294	)
Balance as of October 3, 2015
Goodwill	1,482,869			858,043		1,267,235		3,608,147
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	950,939		514,989		814,794		2,280,722

Schedule of indefinite life assets not subject to amortization

Intangible assets not subject to amortization:

	Tradenames
Balance as of December 31, 2014	$	622,691
Intangible assets acquired during the period	48,563
Currency translation during the period	(31,423		)
Balance as of October 3, 2015	$	639,831

Schedule of intangible assets subject to amortization

Intangible assets subject to amortization:

Gross carrying amounts:	Customer relationships			Patents		Other	Total
Balance as of December 31, 2014	$	354,768		270,466		1,479	626,713
Intangible assets acquired during the period	223,825			—		501	224,326
Currency translation during the period	(16,727		)	(20,984	)	—	(37,711	)
Balance as of October 3, 2015	$	561,866		249,482		1,980	813,328
Accumulated amortization:	Customer relationships			Patents		Other	Total
Balance as of December 31, 2014	$	320,851		225,875		669	547,395
Amortization during the period	10,573			10,170		5	20,748
Currency translation during the period	(16,178		)	(17,468	)	7	(33,639	)
Balance as of October 3, 2015	$	315,246		218,577		681	534,504
Intangible assets subject to amortization, net	$	246,620		30,905		1,299	278,824

Schedule of intangible assets amortization expense

	Three Months Ended			Nine Months Ended
	October 3, 2015		September 27, 2014	October 3, 2015	September 27, 2014
Amortization expense	$	9,378	6,140	20,748	18,687

Estimated amortization expense for the years ending December 31 are as follows:

2015	$	28,321
2016	34,864
2017	33,449
2018	24,757
2019	21,711

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Debt (Senior Credit Facility) (Details)	Sep. 25, 2013 USD ($)	Oct. 03, 2015 USD ($)	Mar. 26, 2015 USD ($)
2015 Senior Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Unamortized financing costs		$ 2,641,000
Senior Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility	$ 1,000,000,000		$ 1,800,000,000
Term of line of credit (years)	5 years
Payment of financing costs	$ 1,836,000
Unamortized financing costs	$ 11,440,000
Utilized borrowings under credit facility		868,380,000
Available amount under credit facility		931,620,000
Senior Secured Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Commitment fee percentage	0.10%
Consolidated interest coverage ratio	3.0
Senior Secured Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Commitment fee percentage	0.225%
Consolidated net leverage ratio	3.75
Senior Secured Credit Facility [Member] | Federal Funds [Member]
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.50%
Senior Secured Credit Facility [Member] | Libor [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.00%
Senior Secured Credit Facility [Member] | Libor [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.75%
Senior Secured Credit Facility [Member] | Monthly Libor [Member]
Line of Credit Facility [Line Items]
Basis spread on debt instrument	1.00%
Senior Secured Credit Facility [Member] | Monthly Libor [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.00%
Senior Secured Credit Facility [Member] | Monthly Libor [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on debt instrument	0.75%
Commercial Paper [Member]
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility		702,272,000
2013 Senior Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Unamortized financing costs		8,654,000
Borrowings [Member] | Senior Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility		164,727,000
Standby Letters Of Credit Related To Various Insurance Contracts And Foreign Vendor Commitments [Member] | Senior Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Standby letters of credit for various insurance contracts and commitments to foreign vendors		$ 1,381,000

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Goodwill and intangible assets (Schedule of intangible assets amortization expense) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 9,378	$ 6,140	$ 20,748	$ 18,687
Estimated amortization expense for the years ended:
2015	28,321		28,321
2016	34,864		34,864
2017	33,449		33,449
2018	24,757		24,757
2019	$ 21,711		$ 21,711

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Receivables, net (Net components of receivables) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Dec. 31, 2014
Receivables [Abstract]
Customers, trade	$ 1,350,403	$ 1,081,493
Income tax receivable	14,009	12,301
Other	58,714	60,772
Receivables, gross	1,423,126	1,154,566
Less: allowance for discounts, returns, claims and doubtful accounts	82,476	72,603
Receivables, net	$ 1,340,650	$ 1,081,963

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Debt (Senior Notes) (Details)						3 Months Ended		9 Months Ended
	Jun. 09, 2015 USD ($)	Nov. 03, 2014 USD ($)	Aug. 15, 2014 USD ($)	Jan. 31, 2013 USD ($)	Jan. 17, 2006 USD ($)	Oct. 03, 2015 USD ($)	Sep. 27, 2014 USD ($)	Oct. 03, 2015 USD ($)	Sep. 27, 2014 USD ($)	Jun. 12, 2015	Jun. 09, 2015 EUR (€)
Debt Instrument [Line Items]
Increase in interest expense per quarter for .25% increase in notes per $100,000 of outstanding notes						$ 19,319,000	$ 34,786,000	$ 52,606,000	$ 77,584,000
3.85% Senior Notes Due February 1,2023 [Member]
Debt Instrument [Line Items]
Aggregate principal amount of debts				$ 600,000,000
Interest rate percentage				3.85%		3.85%		3.85%
Payment of financing costs				$ 6,000,000
6.125% Notes, Payable January 15, 2016 [Member]
Debt Instrument [Line Items]
Aggregate principal amount of debts					$ 900,000,000
Interest rate percentage					6.125%	6.125%		6.125%
Senior notes due date								Jan. 15, 2016
Increase in interest rate from rating agency downgrade								0.25%
Maximum increase in interest rate per agency from rating agency downgrade								1.00%
Increase in interest expense per quarter for .25% increase in notes per $100,000 of outstanding notes								$ 63,000
Incremental increase in outstanding notes					$ 100,000,000
Amount of debt repurchased		$ 54,400,000	$ 200,000,000
Price as a percentage of the principal amount debt repurchased		106.38%	107.73%
6.125% Notes, Payable January 15, 2016 [Member] | Interest Expense [Member]
Debt Instrument [Line Items]
Premium to tendering noteholders		$ 3,500,000	$ 15,450,000
Fees associated with cash tender			$ 1,080,000
2.00% Notes, Payable January 14, 2022 [Member]
Debt Instrument [Line Items]
Aggregate principal amount of debts | €											€ 500,000,000
Interest rate percentage						2.00%		2.00%		2.00%	2.00%
Payment of financing costs	$ 4,218,000

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Earnings per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Earnings Per Share [Abstract]
Earnings from continuing operations attributable to Mohawk Industries, Inc.		$ 214,905	$ 151,266	$ 423,743	$ 385,097
Accretion of redeemable noncontrolling interest	[1]	(31)	0	(191)	0
Net earnings available to common stockholders		$ 214,874	$ 151,266	$ 423,552	$ 385,097
Weighted-average common shares outstanding-basic (in shares)		73,915	72,864	73,384	72,814
Add weighted-average dilutive potential common shares-options and RSU's to purchase common shares, net (in shares)		523	512	523	518
Weighted-average common shares outstanding-diluted (in shares)		74,438	73,376	73,907	73,332
Basic earnings per share from continuing operations attributable to Mohawk Industries, Inc, (in usd per share)		$ 2.91	$ 2.08	$ 5.77	$ 5.29
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)		$ 2.89	$ 2.06	$ 5.73	$ 5.25

[1] Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. See Note 2, Acquisitions for further information.

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Restructuring, acquisition and integration-related costs

9 Months Ended

Oct. 03, 2015

Restructuring and Related Activities [Abstract]

Restructuring, acquisition and integration-related costs

Restructuring, acquisition and integration-related costs

The Company incurs costs in connection with acquiring, integrating and restructuring acquisitions and in connection with its global cost-reduction/productivity initiatives. For example:

• In connection with acquisition activity, the Company typically incurs costs associated with executing the transactions, integrating the acquired operations (which may include expenditures for consulting and the integration of systems and processes), and restructuring the combined company (which may include charges related to employees, assets and activities that will not continue in the combined company); and

• In connection with the Company's cost-reduction/productivity initiatives, it typically incurs costs and charges associated with site closings and other facility rationalization actions and workforce reductions.

Restructuring, acquisition transaction and integration-related costs consisted of the following during the three and nine months endedOctober 3, 2015 and September 27, 2014:

	Three Months Ended			Nine Months Ended
	October 3, 2015		September 27, 2014	October 3, 2015	September 27, 2014
Cost of sales
Restructuring costs (a)	$	5,828	3,862	26,135	9,396
Acquisition integration-related costs	1,463		3,399	3,473	10,257
Restructuring and integration-related costs	$	7,291	7,261	29,608	19,653
Selling, general and administrative expenses
Restructuring costs (a)	$	150	1,465	1,231	4,682
Acquisition transaction-related costs	2,725		—	7,403	—
Acquisition integration-related costs	2,604		5,287	5,542	12,572
Restructuring, acquisition and integration-related costs	$	5,479	6,752	14,176	17,254

(a) The restructuring costs for 2015 and 2014 primarily relate to the Company's actions taken to lower its cost structure and improve efficiencies of manufacturing and distribution operations as the Company adjusted to changing economic conditions as well as actions related to the Company's recent acquisitions. During the three and nine months endedOctober 3, 2015, restructuring costs included accelerated depreciation of $1,080 and $8,650, respectively.

The restructuring activity for the nine months endedOctober 3, 2015 is as follows:

	Lease impairments			Asset write-downs		Severance		Other restructuring costs		Total
Balance as of December 31, 2014	$	1,741		—		3,037		100		4,878
Provision - Global Ceramic segment	—			1,245		—		(1,014	)	231
Provision - Flooring NA segment	1,877			5,451		1,700		5,369		14,397
Provision - Flooring ROW segment	—			8,667		1,211		2,860		12,738
Cash payments	(3,146		)	—		(3,614	)	(8,210	)	(14,970	)
Non-cash items	—			(15,363	)	—		1,015		(14,348	)
Balance as of October 3, 2015	$	472		—		2,334		120		2,926

The Company expects the remaining lease impairments, severance and other restructuring costs to be paid over the next four years.

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Accounts payable and accrued expenses (Components of accounts payable and accrued expenses) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Outstanding checks in excess of cash	$ 17,787	$ 16,083
Accounts payable, trade	771,006	622,360
Accrued expenses	347,504	269,668
Product warranties	37,762	29,350
Accrued interest	12,659	28,365
Accrued compensation and benefits	185,251	138,683
Total accounts payable and accrued expenses	$ 1,371,969	$ 1,104,509

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Earnings per share (Tables)

9 Months Ended

Oct. 03, 2015

Earnings Per Share [Abstract]

Earnings per share

A reconciliation of earnings from continuing operations 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 Ended				Nine Months Ended
	October 3, 2015			September 27, 2014	October 3, 2015		September 27, 2014
Earnings from continuing operations attributable to Mohawk Industries, Inc.	$	214,905		151,266	423,743		385,097
Accretion of redeemable noncontrolling interest (a)	(31		)	—	(191	)	—
Net earnings available to common stockholders	$	214,874		151,266	423,552		385,097
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	73,915			72,864	73,384		72,814
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	523			512	523		518
Weighted-average common shares outstanding-diluted	74,438			73,376	73,907		73,332
Earnings per share from continuing operations attributable to Mohawk Industries, Inc.
Basic	$	2.91		2.08	5.77		5.29
Diluted	$	2.89		2.06	5.73		5.25

(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. See Note 2, Acquisitions for further information.

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Other (income) expense, net (Tables)

9 Months Ended

Oct. 03, 2015

Other Nonoperating Income (Expense) [Abstract]

Summary of other (income) expense, net

Other (income) expense is as follows:

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Foreign currency (gains) losses, net	$	5,612		(163	)	8,692		4,693
All other, net	(1,363		)	(2,211	)	(2,598	)	(3,732	)
Total other (income) expense, net	$	4,249		(2,374	)	6,094		961

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Accumulated other comprehensive income (loss) (Details) $ in Thousands	9 Months Ended
	Oct. 03, 2015 USD ($)
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Balance as of December 31, 2014	$ (429,321)
Current period other comprehensive income (loss) before reclassifications	(268,979)
Balance as of October 3, 2015	(698,300)
Foreign currency translation adjustments
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Balance as of December 31, 2014	(428,505)
Current period other comprehensive income (loss) before reclassifications	(269,061)
Balance as of October 3, 2015	(697,566)
Pensions
Accumulated Other Comprehensive Income Rollforward [Roll Forward]
Balance as of December 31, 2014	(816)	[1]
Current period other comprehensive income (loss) before reclassifications	82	[1]
Balance as of October 3, 2015	$ (734)	[1]

[1] This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Note 13 to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014).

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Segment reporting (Tables)

9 Months Ended

Oct. 03, 2015

Segment Reporting [Abstract]

Summary of segment information

Segment information is as follows:

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Net sales:
Global Ceramic segment	$	791,538		779,842		2,301,168		2,271,660
Flooring NA segment	955,099			886,317		2,722,347		2,562,560
Flooring ROW segment	404,026			326,146		1,050,390		1,021,951
Intersegment sales	(7		)	(1,647	)	(339	)	(4,171	)
	$	2,150,656		1,990,658		6,073,566		5,852,000
Operating income (loss):
Global Ceramic segment	$	120,055		101,254		326,571		268,320
Flooring NA segment	125,910			83,623		145,861		207,578
Flooring ROW segment	55,471			35,046		153,164		113,909
Corporate and intersegment eliminations	(12,702		)	(6,230	)	(37,272	)	(23,131	)
	$	288,734		213,693		588,324		566,676

	October 3, 2015		December 31, 2014
Assets:
Global Ceramic segment	$	3,938,242	3,542,594
Flooring NA segment	3,195,904		2,587,151
Flooring ROW segment	2,699,255		1,909,487
Corporate and intersegment eliminations	231,081		246,312
	$	10,064,482	8,285,544

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Debt (Tables)

9 Months Ended

Oct. 03, 2015

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

The fair values and carrying values of our debt instruments are detailed as follows:

	October 3, 2015			December 31, 2014
	Fair Value		Carrying Value	Fair Value	Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	605,922	600,000	603,180	600,000
6.125% senior notes, payable January 15, 2016; interest payable semiannually	654,993		645,555	677,833	645,555
2.00% senior notes, payable January 14, 2022; interest payable annually	562,004		560,664	—	—
Commercial paper	702,272		702,272	301,600	301,600
Five-year senior secured credit facility, due March 26, 2020	164,727		164,727	195,665	195,665
Securitization facility	500,000		500,000	500,000	500,000
Capital leases and other	17,773		17,773	10,620	10,620
Total debt	3,207,691		3,190,991	2,288,898	2,253,440
Less current portion of long term debt and commercial paper	1,937,253		1,927,815	851,305	851,305
Long-term debt, less current portion	$	1,270,438	1,263,176	1,437,593	1,402,135

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Acquisitions

9 Months Ended

Oct. 03, 2015

Business Combinations [Abstract]

Acquisitions

Acquisitions

IVC Group

On January 13, 2015, the Company entered into a share purchase agreement (the “Share Purchase Agreement”) with Enterhold S.A., a Luxembourg societe anonyme (the “Seller”), to acquire all of the outstanding shares of International Flooring Systems S.A., a Luxembourg societe anonyme, and its subsidiaries (collectively, the “IVC Group”). The IVC Group is a global manufacturer, distributor and marketer of luxury vinyl tile ("LVT") and sheet vinyl. On June 12, 2015, pursuant to the terms of the Share Purchase Agreement, the Company completed the acquisition of IVC Group for  $1,146,438. The results of the IVC Group's operations have been included in the consolidated financial statements since that date in the Flooring NA and the Flooring ROW segments. The IVC Group acquisition will position the Company as a major participant in both the fast growing LVT category and the expanding fiberglass sheet vinyl business.

Pursuant to the terms of the Share Purchase Agreement, the Seller will indemnify the Company for uncertain tax positions and tax liabilities that were incurred by the Seller. The Company has recorded these tax liabilities and related indemnification asset in the amount of $57,729 as of the acquisition date in other long-term liabilities and other long-term assets, respectively.

The equity value of IVC Group was paid to the Seller in cash and in shares of the Company's common stock (the “Shares”). Pursuant to the Share Purchase Agreement, the Company (i) acquired the entire issued share capital of IVC Group and (ii) acquired $17,122 of indebtedness of the IVC Group, in exchange for a cash payment of $732,191, debt paid of $261,152, and 806 issued Shares for a value of $153,095.

The Company funded the cash portion of the IVC Group acquisition through a combination of proceeds from the 2.00% Senior Notes (as discussed in Note 14), cash on hand and borrowings under the 2015 Senior Credit Facility (as discussed in Note 14).

KAI Group

On May 12, 2015, the Company purchased 90% of all outstanding shares of Advent KAI Luxembourg Holdings S.a r.l., a societe a respsonsabilite limitee, and its subsidiaries(collectively, the "KAI Group"), an eastern European ceramic tile floor manufacturer. The Company completed the acquisition of the KAI Group for $194,613. The results of the KAI Group's operations have been included in the consolidated financial statements since the date of acquisition in the Global Ceramic segment. The KAI Group has a low cost position in the Bulgarian and Romanian markets. The combination with the Company will present opportunities to enhance the group's product offering, upgrade its technology and expand its exports to other countries. The remaining 10% ownership interest in the KAI Group is controlled by a third party. The 10% interest is subject to redemption provisions that are not solely within the Company’s control and therefore is recorded as a redeemable noncontrolling interest in the mezzanine section of the balance sheet for $22,150. Pursuant to the share purchase agreement, the Company (i) acquired 90% of the issued share capital of the KAI Group and (ii) acquired $24 of indebtedness of the KAI Group, in exchange for a cash payment of $169,540 and debt paid of $25,073.

The Company accounted for the acquisitions of the IVC Group and the KAI Group (the “Acquisitions”) using the acquisition method of accounting, with the Company as the acquirer of the IVC Group and the KAI Group. The preliminary estimated combined consideration transferred of $1,341,051, including debt paid and shares issued, was determined in accordance with the respective share purchase agreements. The preliminary consideration transferred is allocated to tangible and intangible assets and liabilities based upon their respective fair values.

During the three and nine months endedOctober 3, 2015, the Company incurred direct transaction costs of $2,725 and $7,403, respectively, for the Acquisitions which were expensed as incurred in selling, general and administrative expenses.

The following table summarizes the preliminary acquisition-date fair value of the consideration transferred for the Acquisitions and the estimated fair value of the consideration transferred to assets acquired and liabilities assumed as of the date of the Acquisitions, and the allocation of the aggregate purchase price of the IVC Group and the KAI Group acquisitions to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):

Fair value of assets, net of cash acquired	$	1,382,357
Noncontrolling interests in assets acquired	(24,160		)
Assumed indebtedness	(17,146		)
Consideration transferred	$	1,341,051
Working capital	140,606
Property, plant and equipment	363,570
Tradenames	48,563
Customer relationships	224,326
Goodwill	730,736
Other long-term assets	68,556
Long-term debt, including current portion	(17,146		)
Other long-term liabilities	(66,747		)
Deferred tax liability	(127,253		)
Noncontrolling interest	(24,160		)
Consideration transferred	$	1,341,051

The Company is continuing to obtain information to complete its valuation of intangible assets, as well as to determine the fair value of the acquired assets and liabilities including tax accounts, legal liabilities and other attributes. The purchase price allocation is preliminary until the Company obtains final information regarding these fair values.

Intangible assets subject to amortization of $224,326 related to customer relationships have estimated lives of 12 to 14 years. In addition to the amortizable intangible assets, there is an additional $48,563 in indefinite-lived tradename intangible assets. The goodwill of $730,736 was allocated to the Company's segments as disclosed in Note 6, Goodwill and Intangible Assets. The factors contributing to the recognition of the amount of goodwill are based on strategic and synergistic benefits that are expected to be realized from the Acquisitions. These benefits include the opportunities to improve the Company's performance by leveraging best practices, operational expertise, product innovation and manufacturing assets. The recognized goodwill from the Acquisitions is not expected to be deductible for tax purposes.

The amount of revenue and earnings of the Acquisitions since the acquisition date included in the consolidated statements of operations for the three and nine months endedOctober 3, 2015 was not material. The results of operations for the Acquisitions were not significant to the Company's consolidated results of operations and, accordingly, the Company has not provided pro forma information relating to the Acquisitions.

Other Acquisitions

During the first quarter of 2015, the Company acquired certain assets of a distribution business in the Flooring ROW segment for $2,822, resulting in a preliminary goodwill allocation of $2,659.

During the third quarter of 2015, the Company acquired certain assets of a ceramic business in the Global Ceramic segment for $20,423, resulting in a preliminary goodwill allocation of $269.

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General (Details) $ in Thousands	9 Months Ended
	Oct. 03, 2015 USD ($) segment	Jun. 12, 2015	Jun. 09, 2015 EUR (€)
Debt Instrument [Line Items]
Number of reportable segments | segment	3
2.00% Notes, Payable January 14, 2022 [Member]
Debt Instrument [Line Items]
Aggregate principal amount of debts | €			€ 500,000,000
Interest rate percentage	2.00%	2.00%	2.00%
Change in debt's value	$ 3,989
Change in debt's value, net of taxes	$ 2,493

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Goodwill and intangible assets (Schedule of indefinite life assets not subject to amortization) (Details) - Tradenames [Member] $ in Thousands	9 Months Ended
	Oct. 03, 2015 USD ($)
Indefinite-lived Intangible Assets [Roll Forward]
Indefinite life assets not subject to amortization, beginning balance	$ 622,691
Intangible assets acquired during the period	48,563
Currency translation during the year	(31,423)
Indefinite life assets not subject to amortization, ending balance	$ 639,831

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Debt (Accounts Receivable Securitization) (Details) - USD ($)	Sep. 11, 2014	Dec. 19, 2012	Oct. 03, 2015	Dec. 31, 2014
Line of Credit Facility [Line Items]
Receivables securing amount utilized on facility			$ 763,844,000
Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Term of line of credit (years)		3 years
Maximum borrowing capacity under credit facility	$ 500,000,000	$ 300,000,000
Basis spread on securitization agreement	0.70%
Commitment fee percentage on unused amount of each lender's commitment	0.35%
Carrying Value [Member] | Secured Credit Facility [Member]
Line of Credit Facility [Line Items]
Securitization facility			$ 500,000,000	$ 500,000,000

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Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 03, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 110,716	$ 97,877
Receivables, net	1,340,650	1,081,963
Inventories	1,621,154	1,543,313
Prepaid expenses	226,665	225,759
Deferred income taxes	152,899	151,784
Other current assets	47,110	31,574
Total current assets	3,499,194	3,132,270
Property, plant and equipment	5,623,519	5,130,213
Less: accumulated depreciation	2,577,028	2,427,003
Property, plant and equipment, net	3,046,491	2,703,210
Goodwill	2,280,722	1,604,352
Tradenames	639,831	622,691
Other intangible assets subject to amortization, net	278,824	79,318
Deferred income taxes and other non-current assets	319,420	143,703
Total assets	10,064,482	8,285,544
Current liabilities:
Current portion of long-term debt and commercial paper	1,927,815	851,305
Accounts payable and accrued expenses	1,371,969	1,104,509
Total current liabilities	3,299,784	1,955,814
Deferred income taxes	485,043	401,674
Long-term debt, less current portion	1,263,176	1,402,135
Other long-term liabilities	238,446	103,108
Total liabilities	$ 5,286,449	$ 3,862,731
Commitments and contingencies (Note 13)
Redeemable noncontrolling interest	$ 22,150	$ 0
Stockholders' equity:
Preferred stock, $.01 par value; 60 shares authorized; no shares issued	0	0
Common stock, $.01 par value; 150,000 shares authorized; 81,267 and 81,070 shares issued in 2015 and 2014, respectively	813	811
Additional paid-in capital	1,751,219	1,598,887
Retained earnings	3,911,148	3,487,079
Accumulated other comprehensive loss	(698,300)	(429,321)
Stockholders' Equity before Treasury Stock	4,964,880	4,657,456
Less treasury stock at cost; 7,351 and 8,157 shares in 2015 and 2014, respectively	215,795	239,450
Total Mohawk Industries, Inc. stockholders' equity	4,749,085	4,418,006
Nonredeemable noncontrolling interest	6,798	4,807
Total stockholders' equity	4,755,883	4,422,813
Total liabilities and shareholders' equity	$ 10,064,482	$ 8,285,544

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Stock-based compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014	May. 09, 2012
Stock Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Number of options granted in period	0	0	0	0
Recognized stock-based compensation costs	$ 18	$ 191	$ 191	$ 666
Recognized stock-based compensation costs, net of tax	11	121	120	422
Pre-tax unrecognized compensation expense	54		$ 54
Weighted-average remaining period to recognize compensation expense			10 months 21 days
Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Recognized stock-based compensation costs	8,084	7,119	$ 24,297	20,831
Recognized stock-based compensation costs, net of tax	5,211	$ 4,510	15,634	$ 13,196
Pre-tax unrecognized compensation expense	$ 37,970		$ 37,970
Number of restricted stock units granted	5,000	0	248,000	189,000
Weighted-average grant-date fair value (in usd per share)	$ 203.85		$ 185.66	$ 144.75
Recognized expense over a weighted-average period (years)			2 years 4 months 24 days
2012 Long-term Incentive Plan [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Expiration year of 2012 Plan			Dec. 31, 2022
2012 Long-term Incentive Plan [Member] | Stock Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Option awards contractual term (years)			10 years
2012 Long-term Incentive Plan [Member] | Maximum [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Number of common stock reserved for issuance (shares)					3,200,000
2012 Long-term Incentive Plan [Member] | Maximum [Member] | Stock Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period			5 years
2012 Long-term Incentive Plan [Member] | Maximum [Member] | Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period			5 years
2012 Long-term Incentive Plan [Member] | Minimum [Member] | Stock Options [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period			3 years
2012 Long-term Incentive Plan [Member] | Minimum [Member] | Restricted Stock Units (RSUs) [Member]
Share Based Compensation Arrangement by Share Based Payment Award [Line Items]
Vesting period			3 years

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Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014
Cash flows from operating activities:
Net earnings	$ 424,981	$ 385,174
Adjustments to reconcile net earnings to net cash provided by operating activities:
Restructuring	18,716	14,078
Depreciation and amortization	268,622	249,905
Deferred income taxes	(35,171)	(44,842)
Loss on extinguishment of debt	0	16,530
Loss on disposal of property, plant and equipment	349	511
Stock-based compensation expense	24,488	21,497
Changes in operating assets and liabilities, net of effects of acquisitions:
Receivables, net	(147,213)	(187,243)
Inventories	(3,219)	(108,875)
Accounts payable and accrued expenses	146,025	20,911
Other assets and prepaid expenses	(101,466)	(28,266)
Other liabilities	60,840	(15,957)
Net cash provided by operating activities	656,952	323,423
Cash flows from investing activities:
Additions to property, plant and equipment	(352,070)	(391,580)
Acquisitions, net of cash acquired	(1,211,715)	19
Net cash used in investing activities	(1,563,785)	(391,561)
Cash flows from financing activities:
Payments on Senior Credit Facilities	(1,087,338)	(1,399,286)
Proceeds from Senior Credit Facilities	1,057,661	1,048,237
Payments on Commercial Paper	(13,456,251)	(4,589,051)
Proceeds from Commercial Paper	13,856,454	5,158,101
Repayment of senior notes	0	(200,000)
Proceeds from 2.00% Senior Notes	564,653	0
Payments of acquired debt and other financings	(9,321)	(39,921)
Change in asset securitization borrowings, net	0	200,000
Payments on other debt	0	(52,920)
Debt issuance costs	(6,859)	0
Debt extinguishment costs	0	(15,450)
Change in outstanding checks in excess of cash	1,709	5,327
Proceeds and net tax benefit from stock transactions	9,798	11,550
Net cash provided by financing activities	930,506	126,587
Effect of exchange rate changes on cash and cash equivalents	(10,834)	(6,946)
Net change in cash and cash equivalents	12,839	51,503
Cash and cash equivalents, beginning of period	97,877	54,066
Cash and cash equivalents, end of period	$ 110,716	$ 105,569

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Restructuring, acquisition and integration-related costs (Restructuring and Related Costs by Type of Cost) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Restructuring Cost and Reserve [Line Items]
Acquisition transaction-related costs	$ 2,725		$ 7,403
Restructuring, acquisition and integration-related costs			18,716	$ 14,078
Cost of Sales [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs	5,828	$ 3,862	26,135	9,396
Acquisition integration-related costs	1,463	3,399	3,473	10,257
Restructuring, acquisition and integration-related costs	7,291	7,261	29,608	19,653
Accelerated depreciation included in restructuring costs	1,080		8,650
Selling, General and Administrative Expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring costs	150	1,465	1,231	4,682
Acquisition integration-related costs	2,604	5,287	5,542	12,572
Acquisition transaction-related costs	2,725	0	7,403	0
Restructuring, acquisition and integration-related costs	$ 5,479	$ 6,752	$ 14,176	$ 17,254

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Restructuring, acquisition and integration-related costs (Tables)

9 Months Ended

Oct. 03, 2015

Restructuring and Related Activities [Abstract]

Schedule of restructuring reserve by type of cost

Restructuring, acquisition transaction and integration-related costs consisted of the following during the three and nine months endedOctober 3, 2015 and September 27, 2014:

	Three Months Ended			Nine Months Ended
	October 3, 2015		September 27, 2014	October 3, 2015	September 27, 2014
Cost of sales
Restructuring costs (a)	$	5,828	3,862	26,135	9,396
Acquisition integration-related costs	1,463		3,399	3,473	10,257
Restructuring and integration-related costs	$	7,291	7,261	29,608	19,653
Selling, general and administrative expenses
Restructuring costs (a)	$	150	1,465	1,231	4,682
Acquisition transaction-related costs	2,725		—	7,403	—
Acquisition integration-related costs	2,604		5,287	5,542	12,572
Restructuring, acquisition and integration-related costs	$	5,479	6,752	14,176	17,254

(a) The restructuring costs for 2015 and 2014 primarily relate to the Company's actions taken to lower its cost structure and improve efficiencies of manufacturing and distribution operations as the Company adjusted to changing economic conditions as well as actions related to the Company's recent acquisitions. During the three and nine months endedOctober 3, 2015, restructuring costs included accelerated depreciation of $1,080 and $8,650, respectively.

Schedule of restructuring and related costs

The restructuring activity for the nine months endedOctober 3, 2015 is as follows:

	Lease impairments			Asset write-downs		Severance		Other restructuring costs		Total
Balance as of December 31, 2014	$	1,741		—		3,037		100		4,878
Provision - Global Ceramic segment	—			1,245		—		(1,014	)	231
Provision - Flooring NA segment	1,877			5,451		1,700		5,369		14,397
Provision - Flooring ROW segment	—			8,667		1,211		2,860		12,738
Cash payments	(3,146		)	—		(3,614	)	(8,210	)	(14,970	)
Non-cash items	—			(15,363	)	—		1,015		(14,348	)
Balance as of October 3, 2015	$	472		—		2,334		120		2,926

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Restructuring, acquisition and integration-related costs (Restructuring Reserve) (Details) - USD ($) $ in Thousands	9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2014	$ 4,878
Provision	18,716	$ 14,078
Cash payments	(14,970)
Non-cash items	(14,348)
Balance as of October 3, 2015	$ 2,926
Period in which lease impairments, severance and other restructuring costs are expected to be paid	4 years
Lease Impairments [Member]
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2014	$ 1,741
Cash payments	(3,146)
Non-cash items	0
Balance as of October 3, 2015	472
Asset Write-Down [Member]
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2014	0
Cash payments	0
Non-cash items	(15,363)
Balance as of October 3, 2015	0
Severance [Member]
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2014	3,037
Cash payments	(3,614)
Non-cash items	0
Balance as of October 3, 2015	2,334
Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Balance as of December 31, 2014	100
Cash payments	(8,210)
Non-cash items	1,015
Balance as of October 3, 2015	120
Operating Segments [Member] | Global Ceramic Segment [Member]
Restructuring Reserve [Roll Forward]
Provision	231
Operating Segments [Member] | Global Ceramic Segment [Member] | Lease Impairments [Member]
Restructuring Reserve [Roll Forward]
Provision	0
Operating Segments [Member] | Global Ceramic Segment [Member] | Asset Write-Down [Member]
Restructuring Reserve [Roll Forward]
Provision	1,245
Operating Segments [Member] | Global Ceramic Segment [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Provision	0
Operating Segments [Member] | Global Ceramic Segment [Member] | Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Provision	(1,014)
Operating Segments [Member] | Flooring NA Segment [Member]
Restructuring Reserve [Roll Forward]
Provision	14,397
Operating Segments [Member] | Flooring NA Segment [Member] | Lease Impairments [Member]
Restructuring Reserve [Roll Forward]
Provision	1,877
Operating Segments [Member] | Flooring NA Segment [Member] | Asset Write-Down [Member]
Restructuring Reserve [Roll Forward]
Provision	5,451
Operating Segments [Member] | Flooring NA Segment [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Provision	1,700
Operating Segments [Member] | Flooring NA Segment [Member] | Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Provision	5,369
Operating Segments [Member] | Flooring ROW Segment [Member]
Restructuring Reserve [Roll Forward]
Provision	12,738
Operating Segments [Member] | Flooring ROW Segment [Member] | Lease Impairments [Member]
Restructuring Reserve [Roll Forward]
Provision	0
Operating Segments [Member] | Flooring ROW Segment [Member] | Asset Write-Down [Member]
Restructuring Reserve [Roll Forward]
Provision	8,667
Operating Segments [Member] | Flooring ROW Segment [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Provision	1,211
Operating Segments [Member] | Flooring ROW Segment [Member] | Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Provision	$ 2,860

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Inventories (Tables)

9 Months Ended

Oct. 03, 2015

Inventory Disclosure [Abstract]

Net components of inventories

The components of inventories are as follows:

	October 3, 2015		December 31, 2014
Finished goods	$	1,073,711	1,021,188
Work in process	145,663		129,471
Raw materials	401,780		392,654
Total inventories	$	1,621,154	1,543,313

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General

9 Months Ended

Oct. 03, 2015

Accounting Policies [Abstract]

General

General

Interim Reporting

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with instructions to Form 10-Q and do not include all of the information and footnotes required by U.S. generally accepted accounting principles ("U.S. GAAP") for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. These statements should be read in conjunction with the consolidated financial statements and notes thereto, and the Company’s description of critical accounting policies, included in the Company’s 2014 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission. Results for interim periods are not necessarily indicative of the results for the year.

Segment Realignment

During the second quarter of 2015, the Company realigned its reportable segments to reflect how the Company’s results will be reported by management. The Company has reorganized the business into three segments - Global Ceramic, Flooring North America ("Flooring NA") and Flooring Rest of the World ("Flooring ROW"). In order to leverage its relationship and distribution capabilities, the Company organized its carpet, wood, laminate and vinyl operations by geography into the Flooring NA segment and Flooring ROW segment. The Company did not make changes to the Global Ceramic segment. Previously reported segment results have been reclassified to conform to the current period presentation.

This new segment structure is consistent with the strategic objective that management now applies to manage the growth and profitability of the Company’s business. The Global Ceramic segment includes all worldwide tile and natural stone operations. The Flooring NA segment includes North American operations in all product categories except tile and natural stone. The new segment combines the former Carpet segment with the North American operations of the former Laminate and Wood segment and the North American operations of the Company’s newly acquired vinyl flooring businesses. The Flooring ROW segment includes operations outside of North America in all product categories except tile and natural stone. The new segment combines the European and Rest of the World operations of the former Laminate and Wood segment and the European and Rest of the World operations of the Company’s newly acquired vinyl flooring businesses.

Hedges of Net Investments in Non-U.S. Operations

The Company has numerous investments outside the United States. The net assets of these subsidiaries are exposed to changes and volatility in currency exchange rates. The Company uses foreign currency denominated debt to hedge its non-U.S. net investments against adverse movements in exchange rates. The gains and losses on the Company's net investments in its non-U.S. operations are economically offset by losses and gains on its foreign currency borrowings. The Company designated its €500,0002.00% Senior Notes borrowing as a net investment hedge of a portion of its European operations. For the nine months endedOctober 3, 2015, the change in the U.S. dollar value of the Company's euro denominated debt was $3,989 ($2,493 net of taxes), which is recorded in the foreign currency translation adjustment component of other comprehensive income (loss). The increase in the U.S. dollar value of the Company's debt partially offsets the euro-to-dollar translation of the Company's net investment in its European operations.

Recent Accounting Pronouncements

In May 2014, the FASB issued Accounting Standards Codification ("ASC") 606, Revenue from Contracts with Customers. This topic converges the guidance within U.S. GAAP and International Financial Reporting Standards ("IFRS") and supersedes ASC 605, Revenue Recognition. The new standard requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The new standard will also result in enhanced disclosures about revenue, provide guidance for transactions that were not previously addressed comprehensively, and improve guidance for multiple-element arrangements. The new guidance is effective for annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period and early application is not permitted. On July 9, 2015, the FASB decided to defer the effective date of ASC 606 for one year. The deferral results in the new revenue standard being effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2017. The Company currently plans to adopt the provisions of this new accounting standard at the beginning of fiscal year 2018, and is currently assessing the impact on its consolidated financial statements.

In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs. This topic converges the guidance within U.S. GAAP and IFRS. The new standard intends to simplify the presentation of debt issuance costs to be presented in the balance sheet as a direct deduction from the carrying value of the associated debt liability, versus recording the costs as a prepaid expense in other assets that is amortized. The new standard will more closely align the presentation of debt issuance costs under U.S. GAAP with the presentation under comparable IFRS. In August 2015, the FASB issued ASU 2015-15, Interest - Imputation of Interest (Subtopic 835-30) to address the measurement of debt issuance costs associated with line-of-credit arrangements. ASU 2015-15 states that an entity can defer and present debt issuance costs as an asset and subsequently amortize the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless if there are outstanding borrowings on the line-of-credit arrangement. The new guidance is effective for annual reporting periods beginning after December 15, 2015, including interim reporting periods within that reporting period and early application is permitted. Accordingly, the Company plans to adopt the provisions of this new accounting standard at the beginning of fiscal year 2016. As this standard impacts only the classification of certain amounts within the consolidated balance sheets, the Company does not expect this ASU to have a material impact on its consolidated financial statements.

In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory. This update changes the measurement principle for inventory for entities using FIFO or average cost from the lower of cost or market to lower of cost and net realizable value. Entities that measure inventory using LIFO or the retail inventory method are not affected. This update will more closely align the accounting for inventory under U.S. GAAP with IFRS. The new guidance is effective for annual reporting periods beginning after December 15, 2016 including interim periods within that reporting period and early adoption is permitted. The Company currently accounts for inventory using the FIFO method. Accordingly, the Company plans to adopt the provisions of this update at the beginning of fiscal year 2017, and is currently assessing the impact on its consolidated financial statements.

In July 2015, the FASB issued ASU 2015-12, Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), Health and Welfare Benefit Plans (Topic 965). There are three parts to ASU 2015-12 that aim to reduce complexity in employee benefit accounting. Part I of this ASU requires fully benefit-responsive investment contracts to be measured at contract value instead of the current fair value measurement. Part II of this ASU requires investments (both participant-directed and nonparticipant-directed investments) of employee benefit plans be grouped only by general type, eliminating the need to disaggregate the investments in multiple ways. Part III of this ASU provides a similar measurement date practical expedient for employee benefit plans as available in ASU No. 2015-04, which allows employers to measure defined benefit plan assets on a month-end date that is nearest to the year’s fiscal year-end when the fiscal period does not coincide with a month-end. Parts I and II of the new guidance should be applied on a retrospective basis. Part III of the new guidance should be applied on a prospective basis. This ASU is effective for fiscal years beginning after December 15, 2015, and for interim periods within those fiscal years. Accordingly, the Company plans to adopt the provisions of this update at the beginning of fiscal year 2016. The adoption is not expected to have a material impact on the Company's consolidated financial statements.

In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments, which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Under this ASU, acquirers must recognize measurement-period adjustments in the period in which they determine the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. This guidance is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. Accordingly, the Company plans to adopt the provisions of this update at the beginning of fiscal year 2017, and is currently assessing the impact on its consolidated financial statements.

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Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Oct. 03, 2015	Dec. 31, 2014
Stockholders' equity:
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	60,000	60,000
Preferred stock, issued (in shares)	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	150,000,000	150,000,000
Common stock, shares issued (in shares)	81,267,000	81,070,000
Treasury stock, shares (in shares)	7,351,000	8,157,000

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Earnings per share

9 Months Ended

Oct. 03, 2015

Earnings Per Share [Abstract]

Earnings per share

Earnings per share

Basic earnings per common share is computed by dividing earnings from continuing operations attributable to Mohawk Industries, Inc. 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 earnings from continuing operations 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 Ended				Nine Months Ended
	October 3, 2015			September 27, 2014	October 3, 2015		September 27, 2014
Earnings from continuing operations attributable to Mohawk Industries, Inc.	$	214,905		151,266	423,743		385,097
Accretion of redeemable noncontrolling interest (a)	(31		)	—	(191	)	—
Net earnings available to common stockholders	$	214,874		151,266	423,552		385,097
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	73,915			72,864	73,384		72,814
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	523			512	523		518
Weighted-average common shares outstanding-diluted	74,438			73,376	73,907		73,332
Earnings per share from continuing operations attributable to Mohawk Industries, Inc.
Basic	$	2.91		2.08	5.77		5.29
Diluted	$	2.89		2.06	5.73		5.25

(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. See Note 2, Acquisitions for further information.

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Document and Entity Information - shares	9 Months Ended
	Oct. 03, 2015	Nov. 04, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	MOHAWK INDUSTRIES INC
Entity Central Index Key	0000851968
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Oct. 03, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		73,926,764

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Segment reporting

9 Months Ended

Oct. 03, 2015

Segment Reporting [Abstract]

Segment reporting

Segment reporting

The Company has three reporting segments: the Global Ceramic segment, the Flooring NA segment and the Flooring ROW segment. The Global Ceramic segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone and other products, which it distributes primarily in North America, Europe and Russia through its network of regional distribution centers and Company-operated service centers using company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Flooring NA segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and vinyl products, including luxury vinyl tile ("LVT"), which it distributes through its network of regional distribution centers and satellite warehouses using company-operated trucks, common carrier or rail transportation. The segment’s product lines are sold through various selling channels, including independent floor covering retailers, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial dealers and commercial end users. The Flooring ROW segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard ("MDF"), chipboards, other wood products, sheet vinyl and LVT, which it distributes primarily in Europe and Russia through various selling channels, which include retailers, independent distributors and home centers.

The accounting policies for each operating segment are consistent with the Company’s policies for the consolidated financial statements. Amounts disclosed for each segment are prior to any elimination or consolidation entries. Corporate general and administrative expenses attributable to each segment are estimated and allocated accordingly. Segment performance is evaluated based on operating income. Previously reported segment results have been reclassified to conform to the current period presentation.

Segment information is as follows:

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Net sales:
Global Ceramic segment	$	791,538		779,842		2,301,168		2,271,660
Flooring NA segment	955,099			886,317		2,722,347		2,562,560
Flooring ROW segment	404,026			326,146		1,050,390		1,021,951
Intersegment sales	(7		)	(1,647	)	(339	)	(4,171	)
	$	2,150,656		1,990,658		6,073,566		5,852,000
Operating income (loss):
Global Ceramic segment	$	120,055		101,254		326,571		268,320
Flooring NA segment	125,910			83,623		145,861		207,578
Flooring ROW segment	55,471			35,046		153,164		113,909
Corporate and intersegment eliminations	(12,702		)	(6,230	)	(37,272	)	(23,131	)
	$	288,734		213,693		588,324		566,676

	October 3, 2015		December 31, 2014
Assets:
Global Ceramic segment	$	3,938,242	3,542,594
Flooring NA segment	3,195,904		2,587,151
Flooring ROW segment	2,699,255		1,909,487
Corporate and intersegment eliminations	231,081		246,312
	$	10,064,482	8,285,544

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Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Income Statement [Abstract]
Net sales	$ 2,150,656	$ 1,990,658	$ 6,073,566	$ 5,852,000
Cost of sales	1,489,252	1,434,236	4,285,090	4,239,411
Gross profit	661,404	556,422	1,788,476	1,612,589
Selling, general and administrative expenses	372,670	342,729	1,200,152	1,045,913
Operating income	288,734	213,693	588,324	566,676
Interest expense	19,319	34,786	52,606	77,584
Other (income) expense, net	4,249	(2,374)	6,094	961
Earnings from continuing operations before income taxes	265,166	181,281	529,624	488,131
Income tax expense	49,463	30,021	104,643	102,957
Net earnings including noncontrolling interests	215,703	151,260	424,981	385,174
Net income (loss) attributable to noncontrolling interests	798	(6)	1,238	77
Net earnings attributable to Mohawk Industries, Inc.	$ 214,905	$ 151,266	$ 423,743	$ 385,097
Basic earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 2.91	$ 2.08	$ 5.77	$ 5.29
Weighted-average common shares outstanding-basic (in shares)	73,915	72,864	73,384	72,814
Diluted earnings per share attributable to Mohawk Industries, Inc. (in usd per share)	$ 2.89	$ 2.06	$ 5.73	$ 5.25
Weighted-average common shares outstanding-diluted (in shares)	74,438	73,376	73,907	73,332

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Goodwill and intangible assets

9 Months Ended

Oct. 03, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and intangible assets

Goodwill and intangible assets

Pursuant to the segment realignment during the second quarter of 2015, the Company has reclassified certain goodwill and intangible asset balances to reflect the new segment structure. See Note 1, General - Segment Realignment, for further information.  ASC 350, Intangibles - Goodwill and Other, requires that goodwill be tested for impairment at least annually or on an interim basis if an event occurs requiring goodwill to be tested. During the second quarter of 2015, the Company completed an assessment of any potential goodwill impairment for reporting units impacted by the segment realignment and determined that no impairment existed. The Company performs its annual testing during the fourth quarter.

The components of goodwill and other intangible assets are as follows:

Goodwill:

	Global Ceramic segment			Flooring NA segment		Flooring ROW segment		Total
Balance as of December 31, 2014
Goodwill	$	1,395,132		538,515		998,130		2,931,777
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	863,202		195,461		545,689		1,604,352
Goodwill recognized or adjusted during the period	$	100,316		319,528		313,820		733,664
Currency translation during the period	(12,579		)	—		(44,715	)	(57,294	)
Balance as of October 3, 2015
Goodwill	1,482,869			858,043		1,267,235		3,608,147
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	950,939		514,989		814,794		2,280,722

Intangible assets not subject to amortization:

	Tradenames
Balance as of December 31, 2014	$	622,691
Intangible assets acquired during the period	48,563
Currency translation during the period	(31,423		)
Balance as of October 3, 2015	$	639,831

Intangible assets subject to amortization:

Gross carrying amounts:	Customer relationships			Patents		Other	Total
Balance as of December 31, 2014	$	354,768		270,466		1,479	626,713
Intangible assets acquired during the period	223,825			—		501	224,326
Currency translation during the period	(16,727		)	(20,984	)	—	(37,711	)
Balance as of October 3, 2015	$	561,866		249,482		1,980	813,328
Accumulated amortization:	Customer relationships			Patents		Other	Total
Balance as of December 31, 2014	$	320,851		225,875		669	547,395
Amortization during the period	10,573			10,170		5	20,748
Currency translation during the period	(16,178		)	(17,468	)	7	(33,639	)
Balance as of October 3, 2015	$	315,246		218,577		681	534,504
Intangible assets subject to amortization, net	$	246,620		30,905		1,299	278,824

	Three Months Ended			Nine Months Ended
	October 3, 2015		September 27, 2014	October 3, 2015	September 27, 2014
Amortization expense	$	9,378	6,140	20,748	18,687

Estimated amortization expense for the years ending December 31 are as follows:

2015	$	28,321
2016	34,864
2017	33,449
2018	24,757
2019	21,711

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Inventories

9 Months Ended

Oct. 03, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories

The components of inventories are as follows:

	October 3, 2015		December 31, 2014
Finished goods	$	1,073,711	1,021,188
Work in process	145,663		129,471
Raw materials	401,780		392,654
Total inventories	$	1,621,154	1,543,313

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Receivables, net (Tables)

9 Months Ended

Oct. 03, 2015

Receivables [Abstract]

Net components of receivables

Receivables, net are as follows:

	October 3, 2015		December 31, 2014
Customers, trade	$	1,350,403	1,081,493
Income tax receivable	14,009		12,301
Other	58,714		60,772
	1,423,126		1,154,566
Less: allowance for discounts, returns, claims and doubtful accounts	82,476		72,603
Receivables, net	$	1,340,650	1,081,963

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Commitments and contingencies

9 Months Ended

Oct. 03, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and contingencies

Commitments and contingencies

The Company is involved in litigation from time to time in the regular course of its business. Except as noted below, there are no material legal proceedings pending or known by the Company to be contemplated to which the Company is a party or to which any of its property is subject.

Polyurethane Foam Litigation

Beginning in August 2010, a series of civil lawsuits were initiated in several U.S. federal courts alleging that certain manufacturers of polyurethane foam products and competitors of the Company’s carpet underlay division had engaged in price fixing in violation of U.S. antitrust laws. The Company has been named as a defendant in a number of individual cases (the first filed on August 26, 2010), as well as in two consolidated amended class action complaints (the first filed on February 28, 2011, on behalf of a class of all direct purchasers of polyurethane foam products, and the second filed on March 21, 2011, on behalf of a class of indirect purchasers). All pending cases in which the Company has been named as a defendant were filed in or transferred to the U.S. District Court for the Northern District of Ohio for consolidated pre-trial proceedings under the name In re: Polyurethane Foam Antitrust Litigation, Case No. 1:10-MDL-02196.

In these actions, the plaintiffs, on behalf of themselves and/or a class of purchasers, seek damages allegedly suffered as a result of alleged overcharges in the price of polyurethane foam products from at least 1999 to the present. Any damages actually awarded at trial are subject to being tripled under U.S. antitrust laws.

On March 23, 2015, the Company entered into an agreement to settle all claims brought by the class of direct purchasers, and on April 30, 2015, the Company entered into an agreement to settle all claims brought by the class of indirect purchasers. Both settlement agreements are subject to court approval, which the Company expects to receive. The Company denies all allegations of wrongdoing but settled the class actions to avoid the uncertainty, risk, expense and distraction of protracted litigation.

The Company remains a defendant in a number of cases involving other purchasers of polyurethane foam products not sold by the Company. On April 23, 2015, the Court consolidated twelve of these lawsuits involving non-class claims filed against the Company by direct purchasers of polyurethane foam. These consolidated cases had been scheduled for trial to begin August 18, 2015. The Company has executed agreements to settle all of the cases set for trial in August and ten additional individual cases. The Company has also reached an agreement in principle to settle one additional individual case. Three individual cases remain pending against the Company, all of which were brought by purchasers of polyurethane foam products not sold by the Company. The amount of the damages in the remaining cases varies or has not yet been specified by the plaintiffs. Each plaintiff also seeks attorney fees, pre-judgment and post-judgment interest, court costs and injunctive relief against future violations.

In December 2011, the Company was named as a defendant in a Canadian Class action, Hi! Neighbor Floor Covering Co. Limited v. Hickory Springs Manufacturing Company, et al., filed in the Superior Court of Justice of Ontario, Canada and Options Consommateures v. Vitafoam, Inc. et.al., filed in the Superior Court of Justice of Quebec, Montreal, Canada, both of which allege similar claims against the Company as raised in the U.S. actions and seek unspecified damages and punitive damages. On June 12, 2015, the Company entered into an agreement to settle all claims brought by the class of Canadian plaintiffs. The Company continues to deny all allegations of wrongdoing but is settling to avoid the uncertainty, risk, expense and distraction of protracted litigation.

During the three months ended April 4, 2015 the Company recorded a $125,000 charge within selling, general and administrative expenses for the settlement and defense of the antitrust cases. The Company believes that adequate provisions for resolution of all of these cases have been made. The Company does not believe that the ultimate outcome of the remaining cases will have a material adverse effect on its financial condition.

Belgian Tax Matter

In January 2012, the Company received a €23,789 assessment from the Belgian tax authority related to its year ended December 31, 2008, asserting that the Company had understated its Belgian taxable income for that year. The Company filed a formal protest in the first quarter of 2012 refuting the Belgian tax authority's position. The Belgian tax authority set aside the assessment in the third quarter of 2012 and refunded all related deposits, including interest income of €1,583 earned on such deposits. However, on October 23, 2012, the Belgian tax authority notified the Company of its intent to increase the Company's taxable income for the year ended December 31, 2008 under a revised theory.

    On December 28, 2012, the Belgian tax authority issued assessments for the years ended December 31, 2005 and December 31, 2009, in the amounts of €46,135 and €35,567, respectively, including penalties, but excluding interest. The Company filed a formal protest during the first quarter of 2013 relating to the new assessments. In September 2013, the Belgian tax authority denied the Company's protests, and the Company has brought these two years before the Court of First Appeal in Bruges.

In December 2013, the Belgian tax authority issued additional assessments related to the years ended December 31, 2006, 2007, and 2010, in the amounts of €38,817, €39,635, and €43,117, respectively, including penalties, but excluding interest. The Company filed formal protests during the first quarter of 2014, refuting the Belgian tax authority's position for each of the years assessed. In the quarter ended June 28, 2014, the Company received a formal assessment for the year ended December 31, 2008, totaling €30,131, against which the Company also submitted its formal protest. All 4 additional years were brought before the Court of First Appeal in November 2014.

In January of 2015, the Company met with the Court of First Appeal in Bruges and agreed with the Belgian tax authorities to consolidate and argue the issues regarding the years 2005 and 2009, and apply the ruling to all of the open years (to the extent there are no additional facts/procedural arguments in the other years). The case is scheduled to be argued on December 2, 2015.

The Company continues to disagree with the views of the Belgian tax authority on this matter and will persist in its vigorous defense. Although there can be no assurances, the Company believes the ultimate outcome of these actions will not have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, liquidity or cash flows in a given quarter or year.

The Company believes that adequate provisions for resolution of all contingencies, claims and pending litigation have been made for probable losses that are reasonably estimable. These contingencies are subject to significant uncertainties and we are unable to estimate the amount or range of loss, if any, in excess of amounts accrued. The Company does not believe that the ultimate outcome of these actions will have a material adverse effect on its financial condition but could have a material adverse effect on its results of operations, cash flows or liquidity in a given quarter or year.

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Stock-based compensation

9 Months Ended

Oct. 03, 2015

Share-based Compensation [Abstract]

Stock-based compensation

Stock-based compensation

The Company recognizes compensation expense for all share-based payments granted based on the grant-date fair value estimated in accordance with the provisions of the FASB ASC 718-10. Compensation expense is recognized on a straight-line basis over the options’ or other awards’ estimated lives for fixed awards with ratable vesting provisions.

Under the Company’s 2012 Incentive Plan (“2012 Plan”), the Company's principal stock compensation plan as of May 9, 2012, the Company reserved up to a maximum of 3,200 shares of common stock for issuance upon the grant or exercise of stock options, restricted stock, restricted stock units (“RSUs”) and other types of awards, to directors and key employees through 2022. Option awards are granted with an exercise price equal to the market price of the Company’s common stock on the date of the grant and generally vest between three and five years with a 10-year contractual term. Restricted stock and RSUs are granted with a price equal to the market price of the Company’s common stock on the date of the grant and generally vest between three and five years.

The Company did not grant any options for the three and nine months endedOctober 3, 2015 and September 27, 2014. The Company recognized stock-based compensation costs related to stock options of $18 ($11 net of taxes) and $191 ($121 net of taxes) for the three months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. The Company recognized stock-based compensation costs related to stock options of $191 ($120 net of taxes) and $666 ($422 net of taxes) for the nine months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. Pre-tax unrecognized compensation expense for stock options granted to employees and outside directors, net of estimated forfeitures, was $54 as of October 3, 2015, and will be recognized as expense over a weighted-average period of approximately 0.89 years.

The fair value of the option award is estimated on the date of grant using the Black-Scholes-Merton valuation model. Expected volatility is based on the historical volatility of the Company’s common stock. The Company uses historical data to estimate option exercise and forfeiture rates within the valuation model.

The Company granted 5 RSUs at a weighted-average grant-date fair value of $203.85 per unit for the three months endedOctober 3, 2015. The Company granted 248 RSUs at a weighted-average grant-date fair value of $185.66 per unit for the nine months endedOctober 3, 2015. The Company did not grant any RSUs for the three months endedSeptember 27, 2014. The Company granted 189 RSUs at a weighted average grant-date fair value of $144.75 per unit for the nine months endedSeptember 27, 2014. The Company recognized stock-based compensation costs related to the issuance of RSUs of $8,084 ($5,211 net of taxes) and $7,119 ($4,510 net of taxes) for the three months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. The Company recognized stock-based compensation costs related to the issuance of RSUs of $24,297 ($15,634 net of taxes) and $20,831 ($13,196 net of taxes) for the nine months endedOctober 3, 2015 and September 27, 2014, respectively, which has been allocated to cost of sales and selling, general and administrative expenses. Pre-tax unrecognized compensation expense for unvested RSUs granted to employees, net of estimated forfeitures, was $37,970 as of October 3, 2015, and will be recognized as expense over a weighted-average period of approximately 2.40 years.

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Accounts payable and accrued expenses

9 Months Ended

Oct. 03, 2015

Payables and Accruals [Abstract]

Accounts payable and accrued expenses

Accounts payable and accrued expenses

Accounts payable and accrued expenses are as follows:

	October 3, 2015		December 31, 2014
Outstanding checks in excess of cash	$	17,787	16,083
Accounts payable, trade	771,006		622,360
Accrued expenses	347,504		269,668
Product warranties	37,762		29,350
Accrued interest	12,659		28,365
Accrued compensation and benefits	185,251		138,683
Total accounts payable and accrued expenses	$	1,371,969	1,104,509

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Accumulated other comprehensive income (loss)

9 Months Ended

Oct. 03, 2015

Statement of Comprehensive Income [Abstract]

Accumulated other comprehensive income (loss)

Accumulated other comprehensive income (loss)

The changes in accumulated other comprehensive income by component, net of tax, for the nine months endedOctober 3, 2015 are as follows:

	Foreign currency translation adjustments			Pensions (a)		Total
Balance as of December 31, 2014	$	(428,505	)	(816	)	(429,321	)
Current period other comprehensive income (loss) before reclassifications	(269,061		)	82		(268,979	)
Balance as of October 3, 2015	$	(697,566	)	(734	)	(698,300	)

(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Note 13 to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014).

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Other (income) expense, net

9 Months Ended

Oct. 03, 2015

Other Nonoperating Income (Expense) [Abstract]

Other (income) expense, net

Other (income) expense, net

Other (income) expense is as follows:

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Foreign currency (gains) losses, net	$	5,612		(163	)	8,692		4,693
All other, net	(1,363		)	(2,211	)	(2,598	)	(3,732	)
Total other (income) expense, net	$	4,249		(2,374	)	6,094		961

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Acquisitions (Summary of Purchase Price) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Jun. 12, 2015	Oct. 03, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill		$ 2,280,722	$ 1,604,352
IVC Group And KAI Group [Member]
Business Acquisition [Line Items]
Fair value of assets, net of cash acquired		1,382,357
Business Combination, Noncontrolling Interests In Assets Acquired And Liabilities Assumed, Acquiree, Net		(24,160)
Assumed indebtedness		(17,146)
Consideration transferred	$ 1,341,051	1,341,051
Working capital		140,606
Property, plant and equipment		363,570
Goodwill		730,736
Other long-term assets		68,556
Long-term debt, including current portion		(17,146)
Other long-term liabilities		(66,747)
Deferred tax liability		(127,253)
Noncontrolling interest		(24,160)
Consideration transferred		1,341,051
Tradenames [Member] | IVC Group And KAI Group [Member]
Business Acquisition [Line Items]
Tradenames		48,563
Customer Relationships [Member] | IVC Group And KAI Group [Member]
Business Acquisition [Line Items]
Customer relationships		$ 224,326

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Debt (Commercial Paper) (Details) - Commercial Paper [Member] - USD ($)			9 Months Ended
	Jul. 31, 2015	Feb. 28, 2014	Oct. 03, 2015	May. 21, 2015
Line of Credit Facility [Line Items]
Utilized borrowings under credit facility			$ 702,272,000
UNITED STATES
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility		$ 1,000,000,000		$ 1,800,000,000
Maturity period of debt			22 days 18 hours
Weighted average interest rate on debt			0.46%
UNITED STATES | Minimum [Member]
Line of Credit Facility [Line Items]
Maturity period of debt		1 day
UNITED STATES | Maximum [Member]
Line of Credit Facility [Line Items]
Maturity period of debt		397 days
Europe [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity under credit facility	$ 1,000,000,000
Maturity period of debt			33 days 12 hours
Weighted average interest rate on debt			0.04%
Europe [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Maturity period of debt	1 day
Europe [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Maturity period of debt	183 days

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Acquisitions (Tables)

9 Months Ended

Oct. 03, 2015

Business Combinations [Abstract]

Schedule of Business Acquisitions

The following table summarizes the preliminary acquisition-date fair value of the consideration transferred for the Acquisitions and the estimated fair value of the consideration transferred to assets acquired and liabilities assumed as of the date of the Acquisitions, and the allocation of the aggregate purchase price of the IVC Group and the KAI Group acquisitions to the estimated fair values of the tangible and identifiable intangible assets acquired and liabilities assumed (in thousands):

Fair value of assets, net of cash acquired	$	1,382,357
Noncontrolling interests in assets acquired	(24,160		)
Assumed indebtedness	(17,146		)
Consideration transferred	$	1,341,051
Working capital	140,606
Property, plant and equipment	363,570
Tradenames	48,563
Customer relationships	224,326
Goodwill	730,736
Other long-term assets	68,556
Long-term debt, including current portion	(17,146		)
Other long-term liabilities	(66,747		)
Deferred tax liability	(127,253		)
Noncontrolling interest	(24,160		)
Consideration transferred	$	1,341,051

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Accounts payable and accrued expenses (Tables)

9 Months Ended

Oct. 03, 2015

Payables and Accruals [Abstract]

Components of accounts payable and accrued expenses

Accounts payable and accrued expenses are as follows:

	October 3, 2015		December 31, 2014
Outstanding checks in excess of cash	$	17,787	16,083
Accounts payable, trade	771,006		622,360
Accrued expenses	347,504		269,668
Product warranties	37,762		29,350
Accrued interest	12,659		28,365
Accrued compensation and benefits	185,251		138,683
Total accounts payable and accrued expenses	$	1,371,969	1,104,509

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Commitments and contingencies (Narrative) (Details) € in Thousands, $ in Thousands		1 Months Ended						3 Months Ended
	Dec. 28, 2012 EUR (€)	Sep. 30, 2015 claim	Aug. 31, 2015 claim	Nov. 30, 2014 yr	Dec. 31, 2013 EUR (€)	Jan. 31, 2012 EUR (€)	Mar. 21, 2011 claim	Apr. 04, 2015 USD ($)	Jun. 28, 2014 EUR (€)	Sep. 29, 2012 EUR (€)	Oct. 03, 2015 claim	Apr. 23, 2015 claim
BELGIUM | Foreign Tax Authority [Member]
Commitments And Contingencies [Line Items]
Interest income earned on deposits related to tax assessment										€ 1,583
Number of years of assessments appealed | yr				4
BELGIUM | Foreign Tax Authority [Member] | 2008 [Member]
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)						€ 23,789			€ 30,131
BELGIUM | Foreign Tax Authority [Member] | 2005 [Member]
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	€ 46,135
BELGIUM | Foreign Tax Authority [Member] | 2009 [Member]
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)	€ 35,567
BELGIUM | Foreign Tax Authority [Member] | 2006 [Member]
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)					€ 38,817
BELGIUM | Foreign Tax Authority [Member] | 2007 [Member]
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)					39,635
BELGIUM | Foreign Tax Authority [Member] | 2010 [Member]
Commitments And Contingencies [Line Items]
Assessment received from Belgian tax authority (in euros)					€ 43,117
Selling, General and Administrative Expenses [Member]
Commitments And Contingencies [Line Items]
Amount of legal settlement paid and related expenses | $								$ 125,000
Polyurethane Foam Antitrust Litigation [Member]
Commitments And Contingencies [Line Items]
Number of class action complaints | claim							2
Polyurethane Foam Antitrust Litigation [Member] | Pending Litigation [Member]
Commitments And Contingencies [Line Items]
Number of pending claims | claim											3	12
Polyurethane Foam Antitrust Litigation [Member] | Settled Litigation [Member]
Commitments And Contingencies [Line Items]
Number of settled claims | claim		1	10

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Goodwill and intangible assets (Schedule of intangible assets subject to amortization) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014	Dec. 31, 2014
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			$ 626,713
Intangible assets acquired during the period			224,326
Currency translation during the period			(37,711)
Intangible assets subject to amortization, ending balance	$ 813,328		813,328
Accumulated amortization, beginning balance			547,395
Amortization during the period	9,378	$ 6,140	20,748	$ 18,687
Currency translation during the period			(33,639)
Accumulated amortization, ending balance	534,504		534,504
Intangible assets subject to amortization, net	278,824		278,824		$ 79,318
Customer Relationships [Member]
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			354,768
Intangible assets acquired during the period			223,825
Currency translation during the period			(16,727)
Intangible assets subject to amortization, ending balance	561,866		561,866
Accumulated amortization, beginning balance			320,851
Amortization during the period			10,573
Currency translation during the period			(16,178)
Accumulated amortization, ending balance	315,246		315,246
Intangible assets subject to amortization, net	246,620		246,620
Patents [Member]
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			270,466
Intangible assets acquired during the period			0
Currency translation during the period			(20,984)
Intangible assets subject to amortization, ending balance	249,482		249,482
Accumulated amortization, beginning balance			225,875
Amortization during the period			10,170
Currency translation during the period			(17,468)
Accumulated amortization, ending balance	218,577		218,577
Intangible assets subject to amortization, net	30,905		30,905
Other [Member]
Finite-lived Intangible Assets [Roll Forward]
Intangible assets subject to amortization, beginning balance			1,479
Intangible assets acquired during the period			501
Currency translation during the period			0
Intangible assets subject to amortization, ending balance	1,980		1,980
Accumulated amortization, beginning balance			669
Amortization during the period			5
Currency translation during the period			7
Accumulated amortization, ending balance	681		681
Intangible assets subject to amortization, net	$ 1,299		$ 1,299

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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 03, 2015	Sep. 27, 2014	Oct. 03, 2015	Sep. 27, 2014
Statement of Comprehensive Income [Abstract]
Net earnings including noncontrolling interests	$ 215,703	$ 151,260	$ 424,981	$ 385,174
Other comprehensive income (loss):
Foreign currency translation adjustments	(72,728)	(258,276)	(269,061)	(301,590)
Pension prior service cost and actuarial gain	0	12	82	16
Other comprehensive income (loss)	(72,728)	(258,264)	(268,979)	(301,574)
Comprehensive income (loss)	142,975	(107,004)	156,002	83,600
Comprehensive income (loss) attributable to noncontrolling interests	798	(6)	1,238	77
Comprehensive income (loss) attributable to Mohawk Industries, Inc.	$ 142,177	$ (106,998)	$ 154,764	$ 83,523

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Receivables, net

9 Months Ended

Oct. 03, 2015

Receivables [Abstract]

Receivables, net

Receivables, net

Receivables, net are as follows:

	October 3, 2015		December 31, 2014
Customers, trade	$	1,350,403	1,081,493
Income tax receivable	14,009		12,301
Other	58,714		60,772
	1,423,126		1,154,566
Less: allowance for discounts, returns, claims and doubtful accounts	82,476		72,603
Receivables, net	$	1,340,650	1,081,963

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Accumulated other comprehensive income (loss) (Tables)

9 Months Ended

Oct. 03, 2015

Statement of Comprehensive Income [Abstract]

Schedule of accumulated other comprehensive income (loss)

The changes in accumulated other comprehensive income by component, net of tax, for the nine months endedOctober 3, 2015 are as follows:

	Foreign currency translation adjustments			Pensions (a)		Total
Balance as of December 31, 2014	$	(428,505	)	(816	)	(429,321	)
Current period other comprehensive income (loss) before reclassifications	(269,061		)	82		(268,979	)
Balance as of October 3, 2015	$	(697,566	)	(734	)	(698,300	)

(a) This accumulated other comprehensive income (loss) component is included in the computation of net periodic pension cost (refer to Note 13 to the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2014).

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Inventories (Net components of inventories) (Details) - USD ($) $ in Thousands	Oct. 03, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Finished goods	$ 1,073,711	$ 1,021,188
Work in process	145,663	129,471
Raw materials	401,780	392,654
Total inventories	$ 1,621,154	$ 1,543,313

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Debt

9 Months Ended

Oct. 03, 2015

Debt Disclosure [Abstract]

Debt

Debt

Senior Credit Facility

On September 25, 2013, the Company entered into a $1,000,000, 5-year, senior revolving credit facility (the "2013 Senior Credit Facility"). The 2013 Senior Credit Facility provided for a maximum of $1,000,000 of revolving credit, including limited amounts of credit in the form of letters of credit and swingline loans. The Company paid financing costs of $1,836 in connection with its 2013 Senior Credit Facility. These costs were deferred and, along with unamortized costs of $11,440 related to the Company’s previous credit facility, were amortized over the term of the 2013 Senior Credit Facility.

On March 26, 2015, the Company amended and restated the 2013 Senior Credit Facility increasing its size from $1,000,000 to $1,800,000 and extending the maturity from September 25, 2018 to March 26, 2020 (the "2015 Senior Credit Facility"). The 2015 Senior Credit Facility eliminates certain provisions in the 2013 Senior Credit Facility, including those that: (a) accelerated the maturity date to 90 days prior to the maturity of senior notes due in January 2016 if certain specified liquidity levels were not met; and (b) required that certain subsidiaries guarantee the Company's obligations if the Company’s credit ratings fell below investment grade. The 2015 Senior Credit Facility also modified certain negative covenants to provide the Company with additional flexibility, including that to make acquisitions and incur indebtedness.

At the Company's election, revolving loans under the 2015 Senior Credit Facility bear interest at annual rates equal to either (a) LIBOR for 1, 2, 3 or 6 month periods, as selected by the Company, plus an applicable margin ranging between 1.00% and 1.75%, or (b) the higher of the Wells Fargo Bank, National Association prime rate, the Federal Funds rate plus 0.5%, and a monthly LIBOR rate plus 1.0%, plus an applicable margin ranging between 0.00% and 0.75%. The Company also pays a commitment fee to the Lenders under the 2015 Senior Credit Facility on the average amount by which the aggregate commitments of the Lenders' exceed utilization of the 2015 Senior Credit Facility ranging from 0.10% to 0.225% per annum. The applicable margins and the commitment fee are determined based on whichever of the Company's Consolidated Net Leverage Ratio or its senior unsecured debt rating (or if not available, corporate family rating) results in the lower applicable margins and commitment fee (with applicable margins and the commitment fee increasing as that ratio increases or those ratings decline, as applicable).

The obligations of the Company and its subsidiaries in respect of the 2015 Senior Credit Facility are unsecured.

The 2015 Senior Credit Facility includes certain affirmative and negative covenants that impose restrictions on the Company's financial and business operations, including limitations on liens, subsidiary indebtedness, fundamental changes, asset dispositions, dividends and other similar restricted payments, transactions with affiliates, future negative pledges, and changes in the nature of the Company's business. These limitations are subject to exceptions. The Company is also required to maintain a Consolidated Interest Coverage Ratio of at least 3.0 to 1.0 and a Consolidated Net Leverage Ratio of no more than 3.75 to 1.0, each as of the last day of any fiscal quarter.

The 2015 Senior Credit Facility also contains customary representations and warranties and events of default, subject to customary grace periods.

The Company paid financing costs of $2,641 in connection with its 2015 Senior Credit Facility. These costs were deferred and, along with unamortized costs of $8,654 related to the Company’s 2013 Senior Credit Facility, are being amortized over the term of the 2015 Senior Credit Facility.

As of October 3, 2015, amounts utilized under the 2015 Senior Credit Facility included $164,727 of borrowings and $1,381 of standby letters of credit related to various insurance contracts and foreign vendor commitments. The outstanding borrowings of $702,272 under the Company's U.S. and European commercial paper programs as of October 3, 2015 reduce the availability of the 2015 Senior Credit Facility. Taking the commercial paper borrowings into account, the Company has utilized $868,380 under the 2015 Senior Credit Facility resulting in a total of $931,620 available under the 2015 Senior Credit Facility.

Commercial Paper

On February 28, 2014, the Company established a U.S. commercial paper program for the issuance of unsecured commercial paper in the United States capital markets. Under the commercial paper program, the Company issues commercial paper notes from time to time, subject to availability under the 2015 Senior Credit Facility. On May 21, 2015, following the amendment and restatement of the 2013 Credit Facility, the Company expanded the amount of borrowings permitted under its U.S. commercial paper program from $1,000,000 to $1,800,000. The U.S. commercial paper notes will have maturities ranging from one day to 397 days and will not be subject to voluntary prepayment by the Company or redemption prior to maturity. The U.S. commercial paper notes will rank pari passu with all of the Company's other unsecured and unsubordinated indebtedness.

On July 31, 2015, the Company established a European commercial paper program for the issuance of unsecured commercial paper in the Eurozone capital markets. Under the European commercial paper program, the Company issues commercial paper notes from time to time, subject to a cap equal to the lower of availability under the 2015 Senior Credit Facility and the euro equivalent of $1,000,000. The European commercial paper notes will have maturities ranging from one day to 183 days and will not be subject to voluntary prepayment by the Company or redemption prior to maturity. The European commercial paper notes will rank pari passu with all of the Company's other unsecured and unsubordinated indebtedness. Payment on the European commercial paper notes will be fully and unconditionally guaranteed by the Company.

The Company uses its 2015 Senior Credit Facility as a liquidity backstop for its commercial paper programs. Accordingly, the total amount due and payable under any of the Company's commercial paper programs may not exceed $1,800,000 (or its equivalent in alternative currencies) at any time.

The proceeds from the sale of commercial paper notes will be available for general corporate purposes. The Company used the initial proceeds from the sale of U.S. commercial paper notes to repay borrowings under its 2013 Senior Credit Facility and certain of its industrial revenue bonds. The Company used the initial proceeds from the sale of European commercial paper notes to repay euro-denominated borrowings under its 2015 Senior Credit Facility. As of October 3, 2015, the amount utilized under the commercial paper programs was $702,272 with a weighted-average interest rate and maturity period of 0.46% and 22.75 days, respectively for the U.S. commercial paper program and 0.04% and 33.5 days, respectively for the European commercial paper program. 

Senior Notes

On June 9, 2015, the Company issued €500,000 aggregate principal amount of 2.00% Senior Notes due January 14, 2022. The Notes are senior unsecured obligations of the Company and rank pari passu with all of the Company’s existing and future unsecured indebtedness. Interest on the Notes is payable annually in cash on January 14 of each year, commencing on January 14, 2016. The Company paid financing costs of $4,218 in connection with the 2.00% Senior Notes. These costs were deferred and are being amortized over the term of the 2.00% Senior Notes.

On January 31, 2013, the Company issued $600,000 aggregate principal amount of 3.85% Senior Notes due February 1, 2023. The Company paid financing costs of $6,000 in connection with the 3.85% Senior Notes. These costs were deferred and are being amortized over the term of the 3.85% Senior Notes.

On January 17, 2006, the Company issued $900,000 aggregate principal amount of 6.125% notes due January 15, 2016. Interest payable on these notes is subject to adjustment if either Moody’s or S&P, or both, upgrades or downgrades the rating assigned to the Company. Each rating agency downgrade results in a 0.25% increase in the interest rate, subject to a maximum increase of 1% per rating agency. If later the rating of these notes improves, then the interest rates would be reduced accordingly. Each 0.25% increase in the interest rate of these notes would increase the Company’s interest expense by approximately $63 per quarter per $100,000 of outstanding notes. The current rate in effect is 6.125%. Any future downgrades in the Company’s credit ratings could increase the cost of its existing credit and adversely affect the cost of and ability to obtain additional credit in the future.

On August 15, 2014, the Company purchased for cash approximately $200,000 aggregate principal amount of its outstanding 6.125% senior notes due January 15, 2016 at a price equal to 107.73% of the principal amount, resulting in a premium to redeeming noteholders of approximately $15,450 and fees of $1,080 associated with the redemption. The premium as well as the fees are included in interest expense on the condensed consolidated statement of operations for the three and nine months endedOctober 3, 2015.

On November 3, 2014, the Company purchased for cash approximately $54,400 aggregate principal amount of its outstanding 6.125% senior notes due January 15, 2016 at a price equal to 106.38% of the principal amount, resulting in a premium to redeeming noteholders of approximately $3,500. The premium is included in interest expense on the condensed consolidated statement of operations as at October 3, 2015.

Accounts Receivable Securitization

On December 19, 2012, the Company entered into a three-year on-balance sheet trade accounts receivable securitization agreement (the "Securitization Facility"). On September 11, 2014, the Company made certain modifications to its Securitization Facility, which modifications, among other things, increased the aggregate borrowings available under the facility from $300,000 to $500,000 and decreased the interest margins on certain borrowings. Under the terms of the Securitization Facility, certain subsidiaries of the Company sell at a discount certain of their trade accounts receivable (the “Receivables”) to Mohawk Factoring, LLC (“Factoring”) on a revolving basis. Factoring is a wholly owned, bankruptcy remote subsidiary of the Company, meaning that Factoring is a separate legal entity whose assets are available to satisfy the claims of the creditors of Factoring only, not the creditors of the Company or the Company’s other subsidiaries.  To fund such purchases, Factoring may borrow up to $500,000 based on the amount of eligible Receivables owned by Factoring, and Factoring has granted a security interest in all of such Receivables to the third-party lending group as collateral for such borrowings.  Amounts loaned to Factoring under the Securitization Facility bear interest at commercial paper interest rates, in the case of lenders that are commercial paper conduits, or LIBOR, in the case of lenders that are not commercial paper conduits, in each case, plus an applicable margin of 0.70% per annum. Factoring also pays a commitment fee at a per annum rate of 0.35% on the unused amount of each lender’s commitment.

At October 3, 2015, the amount utilized under the Securitization Facility was $500,000, which was secured by $763,844 of Receivables.

The fair values and carrying values of our debt instruments are detailed as follows:

	October 3, 2015			December 31, 2014
	Fair Value		Carrying Value	Fair Value	Carrying Value
3.85% senior notes, payable February 1, 2023; interest payable semiannually	$	605,922	600,000	603,180	600,000
6.125% senior notes, payable January 15, 2016; interest payable semiannually	654,993		645,555	677,833	645,555
2.00% senior notes, payable January 14, 2022; interest payable annually	562,004		560,664	—	—
Commercial paper	702,272		702,272	301,600	301,600
Five-year senior secured credit facility, due March 26, 2020	164,727		164,727	195,665	195,665
Securitization facility	500,000		500,000	500,000	500,000
Capital leases and other	17,773		17,773	10,620	10,620
Total debt	3,207,691		3,190,991	2,288,898	2,253,440
Less current portion of long term debt and commercial paper	1,937,253		1,927,815	851,305	851,305
Long-term debt, less current portion	$	1,270,438	1,263,176	1,437,593	1,402,135

The fair values of the Company’s debt instruments were estimated using market observable inputs, including quoted prices in active markets, market indices and interest rate measurements. Within the hierarchy of fair value measurements, these are Level 2 fair values.