Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 29, 2012

Quarterly Financial Information (Unaudited) [Abstract]

Quarterly Financial Information (Unaudited)

Note 16 – Quarterly Financial Information (Unaudited)

	First			Second		Third		Fourth
(In thousands, except per share data)	Quarter			Quarter		Quarter		Quarter
2012
Net sales	$	577,668		$	594,099	$	514,165	$	504,006
Gross profit (1)		84,493			71,248		64,447		65,287
Consolidated net income		32,817	(3)		18,540		15,570		16,746
Net income attributable to Mueller Industries, Inc.		32,599			17,917		15,511		16,368
Basic earnings per share		0.86			0.47		0.41		0.59	(4)
Diluted earnings per share		0.85			0.47		0.41		0.58	(4)
Dividends per share		0.10			0.10		0.10		0.125
2011
Net sales	$	687,681		$	652,923	$	585,809	$	491,384
Gross profit (1)		97,807			79,046		61,825		63,442
Consolidated net income		40,542	(2)		22,731		10,741		13,072
Net income attributable to Mueller Industries, Inc.		40,587			22,331		10,475		12,928
Basic earnings per share		1.08			0.59		0.28		0.34
Diluted earnings per share		1.07			0.59		0.27		0.34
Dividends per share		0.10			0.10		0.10		0.10
(1) Gross profit is net sales less cost of goods sold, which excludes depreciation and amortization.
(2) Includes gain from litigation settlement of $6.8 million after tax.
(3) Includes $8.0 million gain from liquidation of LIFO inventory layers and $1.5 million gain from settlement of insurance claims.
(4) Includes the repurchase of 10.4 million shares from Leucadia in September 2012