<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MOHAWK INDUSTRIES, INC.'S ANNUAL REPORT TO STOCKHOLDERS FOR THE YEARS ENDED DECEMBER 31, 1998, DECEMBER 31, 1997. </LEGEND> <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 <PERIOD-START> JAN-01-1998 JAN-01-1997 <PERIOD-END> DEC-31-1998 DEC-31-1997 <CASH> 2,384 220 <SECURITIES> 0 0 <RECEIVABLES> 389,455 351,717 <ALLOWANCES> 57,881 52,235 <INVENTORY> 423,837 377,888 <CURRENT-ASSETS> 831,704 732,439 <PP&E> 883,942 789,987 <DEPRECIATION> 429,045 366,963 <TOTAL-ASSETS> 1,388,942 1,233,361 <CURRENT-LIABILITIES> 408,793 343,061 <BONDS> 332,665 359,348 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 606 603 <OTHER-SE> 610,453 493,238 <TOTAL-LIABILITY-AND-EQUITY> 1,388,942 1,233,361 <SALES> 2,745,000 2,429,085 <TOTAL-REVENUES> 2,745,000 2,429,085 <CGS> 2,060,816 1,869,221 <TOTAL-COSTS> 2,060,816 1,869,221 <OTHER-EXPENSES> 20,600<F1> 8,100<F2> <LOSS-PROVISION> 13,173 8,458 <INTEREST-EXPENSE> 31,023 36,474 <INCOME-PRETAX> 194,806 131,429 <INCOME-TAX> 79,552 51,866 <INCOME-CONTINUING> 115,254 79,563 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 115,254 79,563 <EPS-PRIMARY> 1.91 1.33 <EPS-DILUTED> 1.89 1.32 <FN> <F1>Non recurring charges of $17,700 for acquisition costs related to World Merger and $2,900 for carrying value reduction of assets held for sale pursuant to FAS 121. <F2>Non recurring charges of $5,500 for carrying value reduction of assets held for sale pursuant to FAS 121 and $2,600 for compensation expense related to stock option exercises. </FN>