XML 41 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 526,885 $ 514,162
Accounts receivable, less allowance for doubtful accounts of $1,711 in 2012 and $1,564 in 2011 315,346 250,027
Inventories 236,310 219,193
Current deferred income taxes 21,146 21,104
Other current assets 22,533 22,213
Total current assets 1,122,220 1,026,699
Property, plant, and equipment, net 206,719 203,744
Goodwill 102,250 102,250
Other assets 14,773 14,911
Total Assets 1,445,962 1,347,604
Current liabilities:    
Current portion of debt 42,590 41,265
Accounts payable 97,836 65,545
Accrued wages and other employee costs 28,031 39,319
Other current liabilities 107,347 67,115
Total current liabilities 275,804 213,244
Long-term debt, less current portion 156,226 156,476
Pension liabilities 32,770 32,839
Postretirement benefits other than pensions 21,597 21,405
Environmental reserves 22,771 22,892
Deferred income taxes 13,187 14,856
Other noncurrent liabilities 889 1,130
Total liabilities 523,244 462,842
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 38,247,828 in 2012 and 38,236,568 in 2011 401 401
Additional paid-in capital 267,957 266,936
Retained earnings 711,154 682,380
Accumulated other comprehensive loss (41,798) (49,409)
Treasury common stock, at cost (44,649) (44,620)
Total Mueller Industries, Inc. stockholders' equity 893,065 855,688
Noncontrolling interest 29,653 29,074
Total equity 922,718 884,762
Commitments and contingencies 0 0
Total Liabilities and Equity $ 1,445,962 $ 1,347,604