EXHIBIT 11 MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (In thousands, except per share data) (Unaudited) Note: Earnings per share are presented in accordance with Regulation S-K Item 601 (b) and FAS No. 128. Three Months Ended --------------------------------------------- April 1, 2000 April 3, 1999 ------------- ------------- Net earnings $33,997 27,892 ======= ====== Weighted-average common and dilutive potential common shares outstanding: Weighted-average common shares outstanding 55,611 60,565 Add weighted-average dilutive potential common shares - options to purchase common shares, 486 720 net ------- ------ Weighted-average common and dilutive potential common shares outstanding 56,097 61,285 Basic earnings per share $ 0.61 0.46 ======= ====== Diluted earnings per share $ 0.61 0.46 ======= ======