XML 122 R95.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Quarterly Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 28, 2019
Sep. 28, 2019
Jun. 29, 2019
Mar. 30, 2019
Dec. 29, 2018
Sep. 29, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 28, 2019
Dec. 29, 2018
Dec. 30, 2017
[1]
Quarterly Financial Information Disclosure [Abstract]                      
Net sales $ 543,839 $ 608,602 $ 666,394 $ 611,781 $ 559,087 $ 645,958 $ 662,773 $ 640,060 $ 2,430,616 $ 2,507,878 $ 2,266,073
Gross profit 94,358 97,814 102,446 100,388 85,133 79,002 98,953 94,390      
Consolidated net income 29,973 30,444 28,676 17,139 27,731 20,863 33,882 24,344 106,232 106,820 87,011 [2]
Net income attributable to Mueller Industries, Inc. $ 28,170 $ 29,093 $ 27,986 $ 15,723 $ 26,857 $ 20,292 $ 33,182 $ 24,128 $ 100,972 $ 104,459 $ 85,598
Basic earnings per share (in dollars per share) $ 0.50 $ 0.52 $ 0.50 $ 0.28 $ 0.47 $ 0.36 $ 0.58 $ 0.42 $ 1.81 $ 1.84 $ 1.50
Diluted earnings per share (in dollars per share) 0.50 0.52 0.50 0.28 0.47 0.35 0.58 0.42 1.79 1.82 1.49
Dividends per share (in dollars per share) $ 0.10 $ 0.10 $ 0.10 $ 0.10 $ 0.10 $ 0.10 $ 0.10 $ 0.10 $ 0.40 $ 0.40 $ 8.40
[1] The Consolidated Statement of Income for 2017 has been adjusted to reflect the adoption of ASU 2017-07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost in 2018. The components of net periodic benefit cost (income) other than the service cost component are included in other income, net in the Consolidated Statements of Income.
[2] The Consolidated Statements of Cash Flows for prior periods have been adjusted to reflect the adoption of ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. The Consolidated Statements of Cash Flows reflect the changes during the periods in the total of cash, cash equivalents, and restricted cash. Therefore, restricted cash activity is included with cash when reconciling the beginning-of-period and end-of-period total amounts shown.