SEC Comment Letter for MOHAWK INDUSTRIES INC (MHK) (CIK 0000851968) (MHK) — Oct 31, 2012
MOHAWK INDUSTRIES INC (MHK) (CIK 0000851968)
Date: Oct. 31, 2012 · CIK: 0000851968 · Accession: 0000000000-12-059773
AI Filing Summary & Sentiment
Reasoning
Referenced dates: September 17, 2012
Letter
October 31 , 2012 Via E -mail Mr. Jeffrey S. Lorberbaum Chief Executive Officer Mohawk Industries, Inc. 160 S. Industrial Blvd. Calhoun, Georgia 30701
Re: Mohawk Industries, Inc. Form 10-K for Fiscal Year Ended December 31, 2011 Filed February 29, 2012 File No. 001 -13697
Dear Mr. Lorberbaum :
We have reviewed your response dated October 1, 2012 and have the following additional comment . In our comment , we may ask you to provide us with information so we may better understand your disclosure.
Please respond to this letter within ten business days by amending your filing, by providing the requested information, or by advising us when you will provide the requested response . If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your filing and the information you provide in response to this comment , we may have additional comments.
Form 10 -K for Fiscal Year Ended December 31, 2011
Financial Statements, page 36
Note (14) Commitments and Contingencies, page 65
1. Based on the information included in your response to comment 1 in our letter dated September 17, 2012 , it appears that you may have reasonably possible or probable losses in excess of amounts presently accrued. In future filings, please disclose the amount or range of reasonably possible losses in excess of the amounts accrued or provide a statement that such an estimate cannot be made as required by ASC 450 -20-50-3 through 50-4. Alternatively you may disclose, if true, that any such amounts in excess of the amounts accrued are not material in relation to your financial statements.
Mr. Jeffrey S. Lorberbaum Mohawk Industries, Inc. October 31, 2012 Page 2
You may contact Sondra Snyd er, Staff accountant , at (202) 551 -3332 or Jason Niethamer, Assistant Chief Accountant , at (202) 551 -3855 if you have questions regarding our comments . You may contact me at (202) 551 -3737 with any other questions.
Sincerely,
/s/ Jennifer Thompson
Show Raw Text
October 31 , 2012 Via E -mail Mr. Jeffrey S. Lorberbaum Chief Executive Officer Mohawk Industries, Inc. 160 S. Industrial Blvd. Calhoun, Georgia 30701 Re: Mohawk Industries, Inc. Form 10-K for Fiscal Year Ended December 31, 2011 Filed February 29, 2012 File No. 001 -13697 Dear Mr. Lorberbaum : We have reviewed your response dated October 1, 2012 and have the following additional comment . In our comment , we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter within ten business days by amending your filing, by providing the requested information, or by advising us when you will provide the requested response . If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your filing and the information you provide in response to this comment , we may have additional comments. Form 10 -K for Fiscal Year Ended December 31, 2011 Financial Statements, page 36 Note (14) Commitments and Contingencies, page 65 1. Based on the information included in your response to comment 1 in our letter dated September 17, 2012 , it appears that you may have reasonably possible or probable losses in excess of amounts presently accrued. In future filings, please disclose the amount or range of reasonably possible losses in excess of the amounts accrued or provide a statement that such an estimate cannot be made as required by ASC 450 -20-50-3 through 50-4. Alternatively you may disclose, if true, that any such amounts in excess of the amounts accrued are not material in relation to your financial statements. Mr. Jeffrey S. Lorberbaum Mohawk Industries, Inc. October 31, 2012 Page 2 You may contact Sondra Snyd er, Staff accountant , at (202) 551 -3332 or Jason Niethamer, Assistant Chief Accountant , at (202) 551 -3855 if you have questions regarding our comments . You may contact me at (202) 551 -3737 with any other questions. Sincerely, /s/ Jennifer Thompson Jennifer Thompson Accounting Branch Chief