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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.