CALHOUN, Georgia, February 21, 2014 / PRNewswire / - Mohawk Industries, Inc. today announced net ea

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CALHOUN, Georgia, February 21, 2014 / PRNewswire / - Mohawk Industries, Inc. today announced net earnings for the fourth quarter of 2013 of $ 95 million and diluted earnings per share (EPS) of $ 1.29 . Excluding unusual charges and discontinued operations, net earnings for the quarter were $ 131 million and EPS of $ 1.79, an increase of 77% on adjusted EPS for the fourth quarter of last year. Net sales for the fourth quarter of 2013 were approximately $ 1,900 million, an increase of 34% from the fourth quarter of the previous year or 33% on a constant currency basis. For the fourth quarter of 2012, net sales were approximately $ 1,400 million, net earnings were $ 66 million and EPS was $ 0.95, excluding unusual charges, net earnings were $ 70 million dollars and EPS was $ 1.01.
For the twelve months ended December 31, 2013, net sales were approximately $ 7,300 million, an increase of approximately lino 27% from the previous year or 26% on a constant currency basis. Net income and EPS for the twelve month period totaled $ 349 million and $ 4.82, respectively. Excluding unusual charges and discontinued operations, net earnings were $ 473 million and EPS of $ 6.55, an increase of 73% on adjusted EPS results of twelve months in 2012. For the twelve months ended December 31, 2012, net sales were approximately $ 5.800 billion, net earnings of $ 250 million and EPS of $ 3.61. Excluding unusual charges, net earnings lino and EPS were $ 262 million and $ 3.78, respectively.
In Cando performance in the fourth quarter of Mohawk Industries, Jeffrey S. Lorberbaum, Chairman and CEO, said, "Our fourth quarter results were better than those principally as a result of a first top line growth lino in our business American ceramics, strong performance lino of our acquisition of Pergo and lower interest expense due to an upgrade in our credit rating. Our net sales bequeathed increased approximately 6% as reported, lino with an additional lino revenue lino growth from our recent acquisitions . As a result of the combination of improved product, higher productivity and managing SG & A, our adjusted operating income for the quarter was 260 basis points from last year to about 10% of net sales and for the year improved base 250 points to 9 , 4% of net sales. believe we are well positioned for growth in revenues and profits in 2014. "
Net sales for the segment carpets for the quarter were $ 747 million, up 3% from last year, mainly lino due to the strong lino performances lino of the ultra Residential Company lino products and expansion of product line polyester . The adjusted SG & A declined as a percentage of net sales and total expenses cost reductions and improved performance. Operating margins by segment, excluding unusual charges for the quarter were approximately 9% of net sales, increased lino 160 basis points from higher volumes, productivity gains, reduced cost and improved product mix. In residential, higher sales of premium carpets improved our product mix and product lino sales rose substantially polyester as our introductions obtained lino Continuum traction on all channels. Business, margins expanded due to new product introductions and the use of performance fibers that enhance our value proposition. Productivity gains positively affect our margins, lino and reduced costs through reduced transition costs and waste, improved alignment of manufacturing, quality improvements and optimization of material.
Net sales for the segment of the ceramics for the quarter were $ 738 million, up 84% from the previous year, with strong growth Dal-Tile business and the acquisition of Marazzi. During the period, operating margins, lino excluding unusual lino charges, increased 320 basis points to 10% of net sales as a result of higher volumes, efficiency gains and improved product mix. In the U.S., the integration of Dal-Tile Marazzi has been completed and