XML 38 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 28, 2013
Dec. 29, 2012
Current assets:    
Cash and cash equivalents $ 322,177 $ 198,934
Accounts receivable, less allowance for doubtful accounts of $1,429 in 2013 and $1,644 in 2012 312,919 271,093
Inventories 234,081 229,434
Current deferred income taxes 28,957 26,438
Other current assets 26,209 21,295
Total current assets 924,343 747,194
Property, plant, and equipment, net 222,751 233,263
Goodwill 94,048 104,579
Other assets 19,479 19,119
Total assets 1,260,621 1,104,155
Current liabilities:    
Current portion of debt 33,036 27,570
Accounts payable 76,725 87,574
Accrued wages and other employee costs 33,845 34,378
Other current liabilities 100,566 109,174
Total current liabilities 244,172 258,696
Long-term debt, less current portion 206,550 207,300
Pension liabilities 32,474 35,187
Postretirement benefits other than pensions 19,731 19,832
Environmental reserves 22,435 22,597
Deferred income taxes 39,698 20,910
Other noncurrent liabilities 1,141 1,667
Total liabilities 566,201 566,189
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 28,272,201 in 2013 and 28,099,635 in 2012 401 401
Additional paid-in capital 266,738 267,826
Retained earnings 896,428 749,777
Accumulated other comprehensive loss (39,327) (42,623)
Treasury common stock, at cost (462,491) (468,473)
Total Mueller Industries, Inc. stockholders' equity 661,749 506,908
Noncontrolling interest 32,671 31,058
Total equity 694,420 537,966
Commitments and contingencies      
Total Liabilities and Equity $ 1,260,621 $ 1,104,155