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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Cost of acquisition $ 2,158,541 $ 2,189,938 $ 2,417,797
Cost of goods sold 1,862,089 1,904,463 2,115,677
Depreciation and amortization 32,394 31,495 36,865
Selling, general, and administrative expense 134,914 129,456 135,953
Insurance settlements (106,332) (1,500) 0
Gain on sale of plastic fittings manufacturing assets (39,765) 0 0
Impairment charges 4,304 0 0
Litigation settlement 0 (4,050) (10,500)
Severance 0 3,369 0
Operating income 270,937 126,705 139,802
Interest expense (3,990) (6,890) (11,553)
Other income, net 4,451 539 1,912
Income before income taxes 271,398 120,354 130,161
Income tax expense (98,109) (36,681) (43,075)
Consolidated net income 173,289 83,673 87,086
Less net income attributable to noncontrolling interest (689) (1,278) (765)
Net income attributable to Mueller Industries, Inc. $ 172,600 $ 82,395 $ 86,321
Weighted average shares for basic earnings per share (in shares) 27,871 35,332 37,835
Effect of dilutive stock-based awards (in shares) 371 414 361
Adjusted weighted average shares for diluted earnings per share (in shares) 28,242 35,746 38,196
Basic earnings per share (in dollars per share) $ 6.19 $ 2.33 $ 2.28
Diluted earnings per share (in dollars per share) $ 6.11 $ 2.31 $ 2.26
Dividends per share (in dollars per share) $ 0.50 $ 0.43 $ 0.40