Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 27, 2014

Quarterly Financial Information (Unaudited) [Abstract]

Quarterly Financial Information (Unaudited)

	First		Second			Third			Fourth
(In thousands, except per share data)	Quarter		Quarter			Quarter			Quarter
2014
Net sales	$	574,374	$	649,691		$	602,820		$	537,342
Gross profit (1)		78,597		91,916			81,542			68,453
Consolidated net income (5)		24,954		35,209			24,322			18,049	(2)
Net income attributable to Mueller Industries, Inc.		24,706		35,045			23,823			17,987
Basic earnings per share		0.44		0.63			0.42			0.32
Diluted earnings per share		0.44		0.62			0.42			0.32
Dividends per share		0.075		0.075			0.075			0.075
2013
Net sales	$	559,690	$	582,282		$	528,854		$	487,715
Gross profit (1)		76,840		81,157			72,552			65,903
Consolidated net income		26,434		91,842	(3)		39,993	(4)		15,020
Net income attributable to Mueller Industries, Inc.		26,202		91,150			39,864			15,384
Basic earnings per share		0.47		1.64			0.71			0.28
Diluted earnings per share		0.46		1.62			0.71			0.27
Dividends per share		0.0625		0.0625			0.0625			0.0625
(1) Gross profit is net sales less cost of goods sold, which excludes depreciation and amortization.
(2) Includes $4.8 million pre-tax gain on sale of assets and $4.2 million of pre-tax charges related to severance.
(3) Includes $106.3 million pre-tax gain from settlement of insurance claims.
(4) Includes $39.8 million pre-tax gain on sale of manufacturing assets and pre-tax impairment charges of $4.3 million primarily
related to real property associated with the aforementioned plastics sale transaction.
(5) Includes income earned by Howell, acquired during Q4 2013, and losses incurred by Yorkshire, acquired during Q1 2014.
(6) The sum of quarterly amounts may not equal the annual amounts reported due to rounding. In addition, the earnings per share amounts are computed independently for each quarter while the full year is based on the weighted average shares outstanding.