XML 18 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 146,891 $ 351,317
Accounts receivable, less allowance for doubtful accounts of $962 in 2017 and $637 in 2016 312,095 256,291
Inventories 251,958 242,013
Other current assets 45,141 44,702
Total current assets 756,085 894,323
Property, plant, and equipment, net 296,360 295,231
Goodwill, net 124,272 123,993
Intangible assets, net 35,573 36,168
Investment in unconsolidated affiliates 73,367 77,110
Other assets 19,264 20,651
Total assets 1,304,921 1,447,476
Current liabilities:    
Current portion of debt 14,939 13,655
Accounts payable 117,251 103,175
Accrued wages and other employee costs 28,348 35,121
Other current liabilities 71,150 67,041
Total current liabilities 231,688 218,992
Long-term debt, less current portion 489,787 213,709
Pension liabilities 14,429 14,890
Postretirement benefits other than pensions 16,583 16,383
Environmental reserves 20,993 21,208
Deferred income taxes 18,249 19,573
Other noncurrent liabilities 6,447 6,284
Total liabilities 798,176 511,039
Mueller Industries, Inc. stockholders' equity:    
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding 0 0
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 57,602,082 in 2017 and 57,395,209 in 2016 802 802
Additional paid-in capital 273,129 273,345
Retained earnings 705,240 1,141,831
Accumulated other comprehensive loss (62,041) (66,956)
Treasury common stock, at cost (449,255) (450,338)
Total Mueller Industries, Inc. stockholders' equity 467,875 898,684
Noncontrolling interests 38,870 37,753
Total equity 506,745 936,437
Commitments and contingencies 0 0
Total liabilities and equity $ 1,304,921 $ 1,447,476