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Earnings per share
9 Months Ended
Sep. 28, 2019
Earnings Per Share [Abstract]  
Earnings per share Earnings per share

Basic earnings per common share is computed by dividing net earnings available to common stockholders 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 net earnings available to common stockholders 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
 
September 28,
2019
 
September 29,
2018
 
September 28,
2019
 
September 29,
2018
Net earnings attributable to Mohawk Industries, Inc.
$
155,518

 
227,013

 
479,544

 
632,365

Accretion of redeemable noncontrolling interest (1)

 
(670
)
 

 
(975
)
Net earnings available to common stockholders
$
155,518

 
226,343

 
479,544

 
631,390

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
72,106

 
74,603

 
72,302

 
74,599

Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net
286

 
342

 
276

 
378

Weighted-average common shares outstanding-diluted
72,392

 
74,945

 
72,578

 
74,977

 
 
 
 
 
 
 
 
Earnings per share attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
2.16

 
3.03

 
6.63

 
8.46

Diluted
$
2.15

 
3.02

 
6.61

 
8.42



(1) Represents the accretion of the Company’s redeemable noncontrolling interest to redemptive value. The holder put this option to the Company on December 20, 2018 for $33,884.