XML 55 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 25, 2010
Current assets:    
Cash and cash equivalents $ 514,162 $ 394,139
Accounts receivable, less allowance for doubtful accounts of $1,564 in 2011 and $5,447 in 2010 250,027 269,258
Inventories 219,193 209,892
Current deferred income taxes 21,104 19,227
Other current assets 22,213 19,798
Total current assets 1,026,699 912,314
Property, plant, and equipment, net 203,744 229,498
Goodwill, net 102,250 102,250
Other assets 14,911 14,934
Total Assets 1,347,604 1,258,996
Current liabilities:    
Current portion of debt 41,265 32,020
Accounts payable 65,545 67,849
Accrued wages and other employee costs 39,319 33,338
Other current liabilities 67,115 61,920
Total current liabilities 213,244 195,127
Long-term debt, less current portion 156,476 158,226
Pension liabilities 32,839 18,249
Postretirement benefits other than pensions 21,405 22,690
Environmental reserves 22,892 23,902
Deferred income taxes 14,856 24,081
Other noncurrent liabilities 1,130 824
Total liabilities 462,842 443,099
Mueller Industries, Inc. stockholders' equity:    
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding 0 0
Common stock - $.01 par value; shares authorized 100,000,000; issued 40,091,502; outstanding 38,236,568 in 2011 and 37,854,760 in 2010 401 401
Additional paid-in capital 266,936 263,233
Retained earnings 682,380 611,279
Accumulated other comprehensive loss (49,409) (37,046)
Treasury common stock, at cost (44,620) (49,131)
Total Mueller Industries, Inc. stockholders' equity 855,688 788,736
Noncontrolling interest 29,074 27,161
Total equity 884,762 815,897
Commitments and contingencies 0 0
Total Liabilities and Equity $ 1,347,604 $ 1,258,996