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 FAS No. 128. Three Months Ended ------------------------------- April 3, 1999 March 28, 1998 ------------- -------------- Net earnings $ 27,892 17,135 ========= ======= Weighted-average common and dilutive potential common shares outstanding: Weighted-average common shares outstanding 60,565 60,266 Add weighted-average dilutive potential common shares - options to purchase common shares, net 720 711 ---------- ------- Weighted-average common and dilutive potential common shares outstanding 61,285 60,977 ========= ======= Basic earnings per share $ 0.46 0.28 ========= ======= Diluted earnings per share $ 0.46 0.28 ========= =======