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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 26, 2015
Dec. 27, 2014
Operating activities:      
Consolidated net income $ 99,754 $ 88,407 $ 102,534
Reconciliation of net income to net cash provided by operating activities:      
Depreciation 30,827 30,556 30,205
Amortization of intangibles 4,306 4,052 3,530
Amortization of debt issuance costs 569 432 341
Equity in earnings of unconsolidated affiliates (1,861) 0 0
Stock-based compensation expense 6,387 6,244 6,265
Gain on disposal of assets (651) (14,815) (5,405)
Impairment charges 6,778 0 0
Income tax benefit from exercise of stock options 0 (972) (837)
Deferred income taxes 6,998 (15,818) (6,495)
Recovery of doubtful accounts receivable (50) (130) (500)
Changes in assets and liabilities, net of businesses acquired and sold:      
Receivables (16,502) 51,660 (21,432)
Inventories 6,662 41,086 1,381
Other assets 5,808 12,449 (23,652)
Current liabilities 5,646 (45,585) 5,849
Other liabilities 1,518 436 (2,223)
Other, net 1,588 1,607 1,044
Net cash provided by operating activities 157,777 159,609 90,605
Investing activities:      
Proceeds from sale of assets, net of cash transferred 10,304 5,538 33,788
Acquisition of businesses, net of cash acquired (20,533) (105,944) (30,137)
Capital expenditures (37,497) (28,834) (39,173)
Investment in unconsolidated affiliates 0 (65,900) 0
Net (deposits into) withdrawals from restricted cash balances (5,331) 4,333 (2,902)
Net cash used in investing activities (53,057) (190,807) (38,424)
Financing activities:      
Dividends paid to stockholders of Mueller Industries, Inc. (21,224) (16,903) (16,819)
Dividends paid to noncontrolling interests (3,765) 0 0
Issuance of long-term debt 3,500 0 0
Repayments of long-term debt (1,074) (1,000) (1,050)
Issuance (repayment) of debt by joint ventures, net 2,265 (23,567) 7,258
Net cash used to settle stock-based awards (1,306) (760) (777)
Income tax benefit from exercise of stock options 0 972 837
Debt issuance costs (957) 0 0
Net cash used in financing activities (22,561) (41,258) (10,551)
Effect of exchange rate changes on cash (5,686) (4,834) (1,296)
Increase (decrease) in cash and cash equivalents 76,473 (77,290) 40,334
Cash and cash equivalents at the beginning of the year 274,844 352,134 311,800
Cash and cash equivalents at the end of the year $ 351,317 $ 274,844 $ 352,134