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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Cash flows from operating activities    
Consolidated net income $ 118,276 $ 51,357
Reconciliation of consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 16,649 15,843
Stock-based compensation expense 3,326 2,061
Insurance settlement (106,332) (1,500)
Insurance proceeds - noncapital related 32,395 9,000
(Gain) loss on disposal of properties (2,984) 106
Deferred income taxes 12,468 (2,930)
Income tax benefit from exercise of stock options (95) (83)
Changes in assets and liabilities:    
Receivables (35,095) (55,826)
Inventories 4,705 (9,055)
Other assets (306) (1,371)
Current liabilities 6,150 9,121
Other liabilities (423) 285
Other, net 420 270
Net cash provided by operating activities 49,154 17,278
Cash flows from investing activities    
Capital expenditures (21,687) (23,433)
Insurance proceeds for property and equipment 29,910 32,500
Net (deposits into) withdrawals from restricted cash balances (4,721) 4,368
Proceeds from the sales of properties 3,016 175
Net cash provided by investing activities 6,518 13,610
Cash flows from financing activities    
Repayments of long-term debt (500) (148,676)
Dividends paid to stockholders of Mueller Industries, Inc. (6,960) (7,605)
Debt issuance cost (50) 0
Issuance (repayment) of debt by joint venture, net 15,544 (15,842)
Net cash received to settle stock-based awards 260 187
Income tax benefit from exercise of stock options 95 83
Net cash provided by (used in) financing activities 8,389 (171,853)
Effect of exchange rate changes on cash (1,328) 483
Increase (decrease) in cash and cash equivalents 62,733 (140,482)
Cash and cash equivalents at the beginning of the period 198,934 514,162
Cash and cash equivalents at the end of the period $ 261,667 $ 373,680