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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Computations of Basic and Diluted Earnings (Loss) Per Share
Computations of basic and diluted earnings per share are presented in the following table:
 
2017
 
2016
 
2015
Earnings attributable to Mohawk Industries, Inc.
$
971,638

 
930,362

 
615,302

Accretion of redeemable noncontrolling interest (a)
(46
)
 
(123
)
 
(194
)
Net earnings available to common stockholders
$
971,592

 
930,239

 
615,108

 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
Weighted-average common shares outstanding - basic
74,357

 
74,104

 
73,516

Add weighted-average dilutive potential common shares - options and RSUs to purchase common shares, net
482

 
464

 
527

Weighted-average common shares outstanding-diluted
74,839

 
74,568

 
74,043

Earnings per share attributable to Mohawk Industries, Inc.
 
 
 
 
 
  Basic
$
13.07

 
12.55

 
8.37

  Diluted
$
12.98

 
12.48

 
8.31



(a) Represents the accretion of the Company's redeemable noncontrolling interest to redemption value. The Company will have the option to call and the holder the option to put this noncontrolling interest on May 12, 2018.
Changes in Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) by component, net of tax, for years ended December 31, 2017, 2016 and 2015 are as follows:
 
Foreign currency translation adjustments
 
Pensions and post-retirement benefits
 
Total
Balance as of December 31, 2014
$
(428,505
)
 
(816
)
 
(429,321
)
Current period other comprehensive income (loss) before reclassifications
(360,147
)
 
(4,100
)
 
(364,247
)
Amounts reclassified from accumulated other comprehensive loss
—

 
—

 
—

Balance as of December 31, 2015
(788,652
)
 
(4,916
)
 
(793,568
)
Current period other comprehensive income (loss) before reclassifications
(36,702
)
 
(2,757
)
 
(39,459
)
Amounts reclassified from accumulated other comprehensive income
—

 
—

 
—

Balance as of December 31, 2016
(825,354
)
 
(7,673
)
 
(833,027
)
Current period other comprehensive income (loss) before reclassifications
277,427

 
(2,927
)
 
274,500

Amounts reclassified from accumulated other comprehensive income (loss)
—

 
—

 
—

Balance as of December 31, 2017
$
(547,927
)
 
(10,600
)
 
(558,527
)