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)(11) and APB Opinion No. 15.

 
 

                                                                                   Three Months Ended               
                                                                   -------------------------------------------
                                                                       March 29, 1997         March 30, 1996            
                                                                   ---------------------    ------------------
                                                                                       
Net earnings                                                       $               8,547                 5,338
                                                                   =====================    ==================
                                                                                          
Weighted average common and common                                                        
    equivalent shares outstanding:                                                        
                                                                                          
      Weighted average common shares outstanding                                  34,519                33,470
                                                                                          
      Add weighted average common equivalent                                              
        shares - options to purchase common shares, net                              357                   629
                                                                   ---------------------    ------------------
Weighted average common and common                                                        
    equivalent shares outstanding                                                 34,876                34,099
                                                                   =====================    ==================
Earnings per common and common                                                            
    equivalent share                                               $                0.25                  0.16
                                                                   =====================     =================