Earnings (Loss) Per Share (Tables)

6 Months Ended

Jul. 03, 2021

Earnings Per Share [Abstract]

Schedule of earnings (loss) per share

A reconciliation of net earnings (loss) available to common stockholders and weighted-average common shares outstanding for purposes of calculating basic and diluted earnings (loss) per share is as follows:

	Three Months Ended			Six Months Ended
	July 3, 2021		June 27, 2020	July 3, 2021	June 27, 2020
Net earnings (loss) attributable to Mohawk Industries, Inc.	$	336,285	(48,257)	573,092	62,257
Weighted-average common shares outstanding-basic and diluted:
Weighted-average common shares outstanding—basic	69,432		71,186	69,809	71,364
Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net(1)	313		—	293	183
Weighted-average common shares outstanding-diluted	69,745		71,186	70,102	71,547
Earnings (loss) per share attributable to Mohawk Industries, Inc.
Basic	$	4.84	(0.68)	8.21	0.87
Diluted	$	4.82	(0.68)	8.18	0.87

(1) Due to the anti-dilutive effect resulting from the reported net loss, an incremental 167 of potentially dilutive securities were omitted from the calculation of weighted-average common shares outstanding for the three months ended June 27, 2020. The impact of these potentially dilutive securities was included in the calculation of weighted-average common shares outstanding for diluted earnings per share for the six months ended June 27, 2020.