| Business Summary | | Mohawk
Industries,
Inc.,
including
its
primary
operating
subsidiaries,
Mohawk
Carpet
Corporation
and
Aladdin
Manufacturing
Corporation,
is
a
producer
of
woven
and
tufted
broadloom
carpet
and
rugs
for
principally
residential
applications.
The
Company
designs,
manufactures
and
markets
carpet
and
rugs
in
a
broad
range
of
colors,
textures
and
patterns.
The
Company's
brands
include
Mohawk,
Aladdin,
Mohawk
Home,
American
Weavers,
Bigelow,
Custom
Weave,
Durkan,
Galaxy,
Harbinger,
Helios,
Horizon,
Image,
Karastan,
Mohawk
Commercial,
Newmark
Rug,
World
and
WundaWeve.
Products
are
marketed
primarily
through
carpet
retailers,
home
centers,
mass
merchandisers,
department
stores,
commercial
dealers
and
commercial
end
users.
Some
products
are
also
marketed
through
private
labeling
programs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mohawk
Industries,
Inc.
designs
and
manufactures
woven
and
tufted
broadloom
carpet
and
rugs
for
principally
residential
applications.
For
the
six
months
ended
6/30/01,
net
sales
declined
3%
to
$1.57
billion.
Net
income
fell
9%
to
$73.7
million.
Revenues
reflect
declining
industry
shipments
due
to
the
cyclical
downturn
in
the
overall
economy.
Net
income
reflects
a
lower
operating
margin
attributable
to
costs
related
to
rolling
out
the
hardsurface
product
lines. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| David Kolb, 62 Chairman | $1.2M | $312K | Jeffrey Lorberbaum, 47 Pres,
CEO, Director | 923K | -- | William Kilbride, 50 Pres
- American Rug Craftsmen | 506K | -- | Herbert Thornton, 59 Sr.
VP, Pres of Commercial Bus. | 514K | -- | John Swift, 59 VP-Fin.,
CFO | 480K | 110K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|