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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Income Statement [Abstract]    
Net sales $ 577,920 $ 532,809
Cost of goods sold 488,427 446,642
Depreciation and amortization 8,355 8,920
Selling, general, and administrative expense 35,531 35,780
Operating income 45,607 41,467
Interest expense (2,531) (1,848)
Other income, net 551 245
Income before income taxes 43,627 39,864
Income tax expense (11,929) (14,121)
(Loss) income from unconsolidated affiliates, net of tax (1,243) 2,922
Consolidated net income 30,455 28,665
Net income attributable to noncontrolling interests (468) (35)
Net income attributable to Mueller Industries, Inc. $ 29,987 $ 28,630
Weighted average shares for basic earnings per share (in shares) 56,780 56,467
Effect of dilutive stock-based awards (in shares) 658 495
Adjusted weighted average shares for diluted earnings per share (in shares) 57,438 56,962
Basic earnings per share (in dollars per share) $ 0.53 $ 0.51
Diluted earnings per share (in dollars per share) 0.52 0.50
Dividends per share (in dollars per share) $ 8.10 $ 0.075