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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 29, 2019
Dec. 29, 2018
Current assets:    
Cash and cash equivalents $ 91,440 $ 72,616
Accounts receivable, less allowance for doubtful accounts of $737 in 2019 and $836 in 2018 316,806 273,417
Inventories 300,391 329,795
Other current assets 25,867 26,790
Total current assets 734,504 702,618
Property, plant, and equipment, net 365,025 370,633
Operating lease right-of-use assets 28,590 0
Goodwill, net 153,048 150,335
Intangible assets, net 62,727 61,971
Investments in unconsolidated affiliates 47,692 58,042
Other assets 25,482 25,950
Total assets 1,417,068 1,369,549
Current liabilities:    
Current portion of debt 2,891 7,101
Accounts payable 106,055 103,754
Accrued wages and other employee costs 33,970 38,549
Current portion of operating lease liabilities 4,754 0
Other current liabilities 79,084 83,397
Total current liabilities 226,754 232,801
Long-term debt, less current portion 479,276 489,597
Pension liabilities 13,269 14,237
Postretirement benefits other than pensions 14,830 14,818
Environmental reserves 19,904 20,009
Deferred income taxes 18,595 16,615
Noncurrent operating lease liabilities 24,491 0
Other noncurrent liabilities 15,587 18,212
Total liabilities 812,706 806,289
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 56,658,798 in 2019 and 56,702,997 in 2018 802 802
Additional paid-in capital 280,626 276,849
Retained earnings 857,121 824,737
Accumulated other comprehensive loss (74,754) (79,792)
Treasury common stock, at cost (475,524) (474,240)
Total Mueller Industries, Inc. stockholders' equity 588,271 548,356
Noncontrolling interests 16,091 14,904
Total equity 604,362 563,260
Commitments and contingencies 0 0
Total liabilities and equity $ 1,417,068 $ 1,369,549