EX-99.1 3 dex991.txt CONSOLIDATED SUPPLEMENTAL STATEMENTS OF EARNINGS EXHIBIT 99.1 MOHAWK INDUSTRIES, INC. CONSOLIDATED SUPPLEMENTAL STATEMENTS OF EARNINGS DATA (in thousands, except per share data) Page 1 of 2
Fiscal Quarters Ended Year Ended ------------------------------------------------------------------- December 31, March 31, 2001 June 30, 2001 September 29, 2001 December 31, 2001 2001 -------------- ------------- ------------------ ----------------- ------------ Net sales $ 777,339 864,958 907,850 895,798 3,445,945 Cost of sales 600,017 648,804 688,426 675,796 2,613,043 --------- --------- --------- --------- ---------- Gross profit 177,322 216,154 219,424 220,002 832,902 Selling, general and administrative expenses 123,717 132,593 127,016 122,419 505,745 --------- --------- --------- --------- ---------- Operating income 53,605 83,561 92,408 97,583 327,157 --------- --------- --------- --------- ---------- Other expense: Interest expense 8,952 8,232 6,869 5,734 29,787 Other expense, net 1,469 1,574 1,051 1,860 5,954 --------- --------- --------- --------- ---------- 10,421 9,806 7,920 7,594 35,741 --------- --------- --------- --------- ---------- Earnings before income taxes 43,184 73,755 84,488 89,989 291,416 Income taxes 15,978 27,289 28,761 30,796 102,824 --------- --------- --------- --------- ---------- Net earnings $ 27,206 46,466 55,727 59,193 188,592 ========= ========= ========= ========= ========== Basic earnings per share $ 0.52 0.89 1.06 1.12 3.60 ========= ========= ========= ========= ========== Weighted-average common shares outstanding 52,361 52,266 52,412 52,631 52,418 ========= ========= ========= ========= ========== Diluted earnings per share $ 0.51 0.88 1.05 1.11 3.55 ========= ========= ========= ========= ========== Weighted-average common and dilutive potential common shares outstanding 52,970 52,882 53,211 53,501 53,141 ========= ========= ========= ========= ==========
MOHAWK INDUSTRIES, INC. CONSOLIDATED SUPPLEMENTAL STATEMENTS OF EARNINGS DATA (in thousands, except per share data) Page 2 of 2
Fiscal Quarters Ended Year Ended -------------------------------------------------------------------- December 31, April 1, 2000 July 1, 2000 September 30, 2000 December 31, 2000 2000 -------------- ------------- ------------------ ----------------- ------------ Net sales $ 799,403 890,980 875,765 837,886 3,404,034 Cost of sales 608,840 675,098 661,545 635,702 2,581,185 --------- --------- --------- --------- ------------ Gross profit 190,563 215,882 214,220 202,184 822,849 Selling, general and administrative expenses 124,857 126,971 127,151 126,755 505,734 Class action legal settlement - - 7,000 - 7,000 --------- --------- --------- --------- ------------ Operating income 65,706 88,911 80,069 75,429 310,115 --------- --------- --------- --------- ------------ Other expense: Interest expense 8,740 9,674 10,173 9,457 38,044 Other expense, net 773 1,215 846 1,608 4,442 --------- --------- --------- --------- ------------ 9,513 10,889 11,019 11,065 42,486 --------- --------- --------- --------- ------------ Earnings before income taxes 56,193 78,022 69,050 64,364 267,629 Income taxes 22,196 30,819 26,913 25,102 105,030 --------- --------- --------- --------- ------------ Net earnings $ 33,997 47,203 42,137 39,262 162,599 ========= ========= ========= ========= ============ Basic earnings per share $ 0.61 0.88 0.79 0.75 3.02 ========= ========= ========= ========= ============ Weighted-average common shares outstanding 55,611 53,836 53,097 52,535 53,769 ========= ========= ========= ========= ============ Diluted earnings per share $ 0.61 0.87 0.79 0.74 3.00 ========= ========= ========= ========= ============ Weighted-average common and dilutive potential common shares outstanding 56,097 54,336 53,634 52,953 54,255 ========= ========= ========= ========= ============