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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 167,555 $ 351,317
Accounts receivable, less allowance for doubtful accounts of $834 in 2017 and $637 in 2016 287,829 256,291
Inventories 252,799 242,013
Other current assets 35,568 44,702
Total current assets 743,751 894,323
Property, plant, and equipment, net 284,594 295,231
Goodwill, net 137,085 123,993
Intangible assets, net 36,332 36,168
Investment in unconsolidated affiliates 75,208 77,110
Other assets 20,294 20,651
Total assets 1,297,264 1,447,476
Current liabilities:    
Current portion of debt 14,583 13,655
Accounts payable 105,880 103,175
Accrued wages and other employee costs 30,894 35,121
Other current liabilities 67,841 67,041
Total current liabilities 219,198 218,992
Long-term debt, less current portion 489,043 213,709
Pension liabilities 14,823 14,890
Postretirement benefits other than pensions 16,793 16,383
Environmental reserves 20,859 21,208
Deferred income taxes 19,351 19,573
Other noncurrent liabilities 11,191 6,284
Total liabilities 791,258 511,039
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 57,624,926 in 2017 and 57,395,209 in 2016 802 802
Additional paid-in capital 274,750 273,345
Retained earnings 727,110 1,141,831
Accumulated other comprehensive loss (60,454) (66,956)
Treasury common stock, at cost (448,837) (450,338)
Total Mueller Industries, Inc. stockholders' equity 493,371 898,684
Noncontrolling interests 12,635 37,753
Total equity 506,006 936,437
Commitments and contingencies 0 0
Total liabilities and equity $ 1,297,264 $ 1,447,476