CALHOUN, Ga.--Mohawk Industries, Inc. recently achieved record net earnings and diluted earnings per share (EPS) for the third quarter.
This report compares to EPS of $0.87 per share or $46,408,000 in net earnings for the third quarter of 2000 before a pre-tax charge of $7,000,000 related to an antitrust litigation settlement.
The improvement in EPS was the result of increased sales, reduced interest costs and an adjustment to reduce the effective income tax rate for tax credits.