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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 26, 2015
Dec. 27, 2014
Dec. 28, 2013
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Net sales $ 2,100,002 $ 2,364,227 $ 2,158,541
Cost of goods sold 1,809,702 2,043,719 1,862,089
Depreciation and amortization 34,608 33,735 32,394
Selling, general, and administrative expense 130,358 131,740 134,914
Insurance settlements 0 0 (106,332)
Gain on sale of assets (15,376) (6,259) (39,765)
Impairment charges 0 0 4,304
Severance 3,442 7,296 0
Operating income 137,268 153,996 270,937
Interest expense (7,667) (5,740) (3,990)
Other income (expense), net 2,188 (243) 4,451
Income before income taxes 131,789 148,013 271,398
Income tax expense (43,382) (45,479) (98,109)
Consolidated net income 88,407 102,534 173,289
Less net income attributable to noncontrolling interest (543) (974) (689)
Net income attributable to Mueller Industries, Inc. $ 87,864 $ 101,560 $ 172,600
Weighted average shares for basic earnings per share (in shares) 56,316 56,042 55,742
Effect of dilutive stock-based awards (in shares) 652 726 742
Adjusted weighted average shares for diluted earnings per share (in shares) 56,968 56,768 56,484
Basic earnings per share (in dollars per share) $ 1.56 $ 1.81 $ 3.10
Diluted earnings per share (in dollars per share) 1.54 1.79 3.06
Dividends per share (in dollars per share) $ 0.30 $ 0.30 $ 0.25