CALHOUN, Ga. -- Mohawk Industries Inc. recently announced its highest quarterly earnings per share since its stock first publicly traded in 1992. Diluted earnings per share (EPS) in the second quarter of 2001 were a record $0.88 per share or $46,466,000 in net earnings compared to $0.87 EPS in the second quarter of 2000 or $47,203,000 in net earnings.

Net sales for the quarter decreased 3% to $828,348,000 compared to $852,808,000 for the second quarter of 2000. Continued softness in the industry and general difficult economic conditions contributed to the sales decrease.

EPS for the first half of 2001 was $1.39 or $73,672,000 in net earnings compared to $1.47 EPS in the first half of 2000 or $81,200,000 in net earnings. Net sales for the first half of 2001 were $1,572,031,000 representing a 3% decrease from first half 2000 net sales of $1,617,891,000.