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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 123,610 $ 97,944
Accounts receivable, less allowance for doubtful accounts of $2,205 in 2020 and $770 in 2019 273,710 269,943
Inventories 244,414 292,107
Other current assets 28,957 33,778
Total current assets 670,691 693,772
Property, plant, and equipment, net 362,785 363,128
Operating lease right-of-use assets 17,172 26,922
Goodwill, net 153,335 153,276
Intangible assets, net 63,004 60,082
Investments in unconsolidated affiliates 32,443 48,363
Other assets 23,960 25,397
Total assets 1,323,390 1,370,940
Current liabilities:    
Current portion of debt 6,543 7,530
Accounts payable 93,579 85,644
Accrued wages and other employee costs 40,409 41,673
Current portion of operating lease liabilities 4,623 5,250
Other current liabilities 84,110 94,190
Total current liabilities 229,264 234,287
Long-term debt, less current portion 323,114 378,724
Pension liabilities 5,819 9,126
Postretirement benefits other than pensions 12,179 13,082
Environmental reserves 19,776 19,972
Deferred income taxes 19,635 21,094
Noncurrent operating lease liabilities 13,009 22,388
Other noncurrent liabilities 10,390 10,131
Total liabilities 633,186 708,804
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 56,791,916 in 2020 and 56,949,246 in 2019 802 802
Additional paid-in capital 281,856 278,609
Retained earnings 951,992 903,070
Accumulated other comprehensive loss (89,799) (68,770)
Treasury common stock, at cost (474,170) (470,243)
Total Mueller Industries, Inc. stockholders' equity 670,681 643,468
Noncontrolling interests 19,523 18,668
Total equity 690,204 662,136
Commitments and contingencies 0 0
Total liabilities and equity $ 1,323,390 $ 1,370,940