Leading supplier of flooring Mohawk Industries Inc announced an increase in quarterly net earnings of 5 percent above the fourth quarter of 2004 before a one-time non-cash charge.
In accordance with Generally Accepted Accounting Principles, net earnings were $85,712,000 and diluted earnings per share (EPS) was $1.26 for the fourth quarter of 2005.
Mohawk is a leading supplier of flooring for both residential and commercial applications.
Mohawk offers a complete selection of carpet, ceramic tile, wood, stone, laminate, vinyl, rugs and other home products.
These products are marketed under the premier brands in the industry, which include Mohawk, Karastan, Ralph Lauren, Lees, Bigelow, Quick Step, Dal-Tile and American Olean.