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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 26, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 113,640 $ 97,944
Accounts receivable, less allowance for doubtful accounts of $1,289 in 2020 and $770 in 2019 320,035 269,943
Inventories 271,310 292,107
Other current assets 24,880 33,778
Total current assets 729,865 693,772
Property, plant, and equipment, net 368,736 363,128
Operating lease right-of-use assets 22,397 26,922
Goodwill, net 185,479 153,276
Intangible assets, net 62,474 60,082
Investments in unconsolidated affiliates 27,423 48,363
Other assets 23,638 25,397
Total assets 1,420,012 1,370,940
Current liabilities:    
Current portion of debt 6,684 7,530
Accounts payable 108,063 85,644
Accrued wages and other employee costs 49,016 41,673
Current portion of operating lease liabilities 6,320 5,250
Other current liabilities 82,669 94,190
Total current liabilities 252,752 234,287
Long-term debt, less current portion 342,972 378,724
Pension liabilities 5,773 9,126
Postretirement benefits other than pensions 12,413 13,082
Environmental reserves 19,809 19,972
Deferred income taxes 18,066 21,094
Noncurrent operating lease liabilities 16,464 22,388
Other noncurrent liabilities 12,412 10,131
Total liabilities 680,661 708,804
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 57,080,225 in 2020 and 56,949,246 in 2019 802 802
Additional paid-in capital 277,663 278,609
Retained earnings 988,983 903,070
Accumulated other comprehensive loss (81,111) (68,770)
Treasury common stock, at cost (468,716) (470,243)
Total Mueller Industries, Inc. stockholders' equity 717,621 643,468
Noncontrolling interests 21,730 18,668
Total equity 739,351 662,136
Total liabilities and equity $ 1,420,012 $ 1,370,940