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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Cash flows from operating activities    
Consolidated net income $ 51,357 $ 63,273
Reconciliation of consolidated net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 15,843 18,999
Stock-based compensation expense 2,061 1,712
Insurance settlement (1,500) 0
Insurance proceeds - noncapital related 9,000 0
Loss (gain) on disposal of properties 106 (275)
Deferred income taxes (2,930) (2,549)
Income tax benefit from exercise of stock options (83) (90)
Changes in assets and liabilities, net of business acquired:    
Receivables (55,826) (55,010)
Inventories (9,055) (78,966)
Other assets (1,371) (4,398)
Current liabilities 9,121 17,199
Other liabilities 285 768
Other, net 270 433
Net cash provided by (used in) operating activities 17,278 (38,904)
Cash flows from investing activities    
Capital expenditures (23,433) (8,743)
Acquisition of business 0 (6,882)
Insurance proceeds for property and equipment 32,500 0
Net withdrawals from (deposits into) restricted cash balances 4,368 (3,877)
Proceeds from sales of properties 175 151
Net cash provided by (used in) investing activities 13,610 (19,351)
Cash flows from financing activities    
Dividends paid to stockholders of Mueller Industries, Inc. (7,605) (7,546)
Debt issuance cost 0 (1,942)
(Repayment) issuance of debt by joint venture, net (15,842) 16,498
Net proceeds from the exercise of stock options 187 592
Repayments of long-term debt (148,676) (250)
Income tax benefit from exercise of stock options 83 90
Net cash (used in) provided by financing activities (171,853) 7,442
Effect of exchange rate changes on cash 483 1,713
Decrease in cash and cash equivalents (140,482) (49,100)
Cash and cash equivalents at the beginning of the period 514,162 394,139
Cash and cash equivalents at the end of the period $ 373,680 $ 345,039