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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Oct. 01, 2011
Sep. 25, 2010
Oct. 01, 2011
Sep. 25, 2010
CONSOLIDATED STATEMENTS OF INCOME [Abstract]    
Net sales$ 585,809$ 507,240$ 1,926,413$ 1,532,896
Cost of goods sold523,984437,5971,687,7351,317,290
Depreciation and amortization8,7169,93427,58130,372
Selling, general, and administrative expense34,24528,810102,94499,601
Insurance settlement0(12)021,284
Litigation settlement00(10,500)0
Operating income18,86430,887118,653106,917
Interest expense(2,822)(3,072)(9,004)(8,568)
Other income (expense), net102301,425(2,348)
Income before income taxes16,14427,845111,07496,001
Income tax expense(5,403)(9,098)(37,060)(26,418)
Consolidated net income10,74118,74774,01469,583
Net (income) loss attributable to noncontrolling interest(266)162(621)(1,158)
Net income attributable to Mueller Industries, Inc.$ 10,475$ 18,909$ 73,393$ 68,425
Weighted average shares for basic earnings per share37,87837,71037,77937,657
Effect of dilutive stock-based awards4839236777
Adjusted weighted average shares for diluted earnings per share38,36137,80238,14637,734
Basic earnings per share$ 0.28$ 0.50$ 1.94$ 1.82
Diluted earnings per share$ 0.27$ 0.50$ 1.92$ 1.81
Dividends per share$ 0.10$ 0.10$ 0.30$ 0.30