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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Cash flows from operating activities    
Consolidated net income $ 84,485 $ 158,269
Reconciliation of consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 25,888 24,583
Stock-based compensation expense 4,957 4,560
Insurance settlements 0 (106,332)
Insurance proceeds - noncapital related 0 32,395
Gain on sale of plastic fittings manufacturing assets 0 (39,765)
Gain on disposal of properties (1,146) (3,316)
Impairment charges 0 4,304
Deferred income taxes (6,908) 14,152
Income tax benefit from exercise of stock options (829) (670)
Changes in assets and liabilities, net of business acquired:    
Receivables (62,854) (38,370)
Inventories (14,868) (4,566)
Other assets (15,272) 4,886
Current liabilities (8,675) 19,649
Other liabilities (797) (297)
Other, net 223 508
Net cash provided by operating activities 4,204 69,990
Cash flows from investing activities    
Capital expenditures (28,406) (33,402)
Acquisition of business (30,137) 0
Insurance proceeds for property and equipment 0 29,910
Net withdrawals from (deposits into) restricted cash balances 2,507 (2,473)
Proceeds from sales of assets 4,920 64,966
Net cash (used in) provided by investing activities (51,116) 59,001
Cash flows from financing activities    
Dividends paid to stockholders of Mueller Industries, Inc. (12,606) (10,449)
Debt issuance cost 0 (50)
Issuance of long-term debt, net 12,008 0
(Repayment) issuance of debt by joint venture, net (3,170) 4,940
Net cash used to settle stock-based awards (887) (337)
Repurchase of common stock (58) 0
Repayments of long-term debt (800) (750)
Income tax benefit from exercise of stock options 829 670
Net cash used in financing activities (4,684) (5,976)
Effect of exchange rate changes on cash (346) 228
(Decrease) increase in cash and cash equivalents (51,942) 123,243
Cash and cash equivalents at the beginning of the period 311,800 198,934
Cash and cash equivalents at the end of the period $ 259,858 $ 322,177