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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Cash flows from operating activities    
Consolidated net income $ 17,139 $ 24,344
Reconciliation of consolidated net income to net cash used in operating activities:    
Depreciation and amortization 10,635 9,536
Stock-based compensation expense 2,007 1,912
Loss from unconsolidated affiliates 15,369 10,320
Loss (gain) on disposals of properties 37 (676)
Impairment charge 0 3,469
Deferred income tax benefit (225) (940)
Changes in assets and liabilities, net of effects of business acquired:    
Receivables (34,067) (72,843)
Inventories (13,335) 3,504
Other assets (7,530) 20,967
Current liabilities (15,885) (23,898)
Other liabilities 741 (1,845)
Other, net 441 (365)
Net cash used in operating activities (24,673) (26,515)
Cash flows from investing activities    
Capital expenditures (6,834) (5,517)
Acquisition of business, net of cash acquired 0 (12,466)
Investments in unconsolidated affiliates (8,000) (609)
Proceeds from sales of assets 4 708
Net cash used in investing activities (14,830) (17,884)
Cash flows from financing activities    
Dividends paid to stockholders of Mueller Industries, Inc. (5,574) (5,679)
Repurchase of common stock (1,763) (6,575)
Issuance of long-term debt 100,557 41,754
Repayments of long-term debt (30,472) (15,903)
Repayment of debt by consolidated joint ventures, net (2,121) (3,342)
Net cash (used) received to settle stock-based awards (175) 50
Net cash provided by financing activities 60,452 10,305
Effect of exchange rate changes on cash 919 1,289
Increase (decrease) in cash, cash equivalents, and restricted cash 21,868 (32,805)
Cash, cash equivalents, and restricted cash at the beginning of the period 77,138 126,563
Cash, cash equivalents, and restricted cash at the end of the period $ 99,006 $ 93,758