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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 106,344 $ 351,317
Accounts receivable, less allowance for doubtful accounts of $854 in 2017 and $637 in 2016 276,678 256,291
Inventories 284,114 242,013
Other current assets 25,692 44,702
Total current assets 692,828 894,323
Property, plant, and equipment, net 283,845 295,231
Goodwill, net 139,445 123,993
Intangible assets, net 36,943 36,168
Investment in unconsolidated affiliates 73,664 77,110
Other assets 22,499 20,651
Total assets 1,249,224 1,447,476
Current liabilities:    
Current portion of debt 14,450 13,655
Accounts payable 125,032 103,175
Accrued wages and other employee costs 34,096 35,121
Other current liabilities 71,581 67,041
Total current liabilities 245,159 218,992
Long-term debt, less current portion 388,818 213,709
Pension liabilities 14,947 14,890
Postretirement benefits other than pensions 16,930 16,383
Environmental reserves 21,365 21,208
Deferred income taxes 19,963 19,573
Other noncurrent liabilities 12,005 6,284
Total liabilities 719,187 511,039
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 57,804,707 in 2017 and 57,395,209 in 2016 802 802
Additional paid-in capital 272,667 273,345
Retained earnings 743,560 1,141,831
Accumulated other comprehensive loss (54,377) (66,956)
Treasury common stock, at cost (445,749) (450,338)
Total Mueller Industries, Inc. stockholders' equity 516,903 898,684
Noncontrolling interests 13,134 37,753
Total equity 530,037 936,437
Commitments and contingencies 0 0
Total liabilities and equity $ 1,249,224 $ 1,447,476