Earnings per share

9 Months Ended

Sep. 26, 2020

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 26, 2020		September 28, 2019	September 26, 2020	September 28, 2019
Net earnings attributable to Mohawk Industries, Inc.	$	205,117	155,518	267,374	479,544
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	71,197		72,106	71,190	72,302
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net	181		286	172	276
Weighted-average common shares outstanding-diluted	71,378		72,392	71,362	72,578
Earnings per share attributable to Mohawk Industries, Inc.
Basic	$	2.88	2.16	3.76	6.63
Diluted	$	2.87	2.15	3.75	6.61