Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 26, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly financial information (Unaudited)

(In thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2020
Net sales	$	602,919	$	500,168	$	619,105	$	675,851
Gross profit (2)	94,204		97,009		118,325		122,344
Consolidated net income (3)	33,951		28,487		43,957		37,254
Net income attributable to Mueller Industries, Inc.	32,415		27,956		42,702		36,420
Basic earnings per share	0.58		0.50		0.77		0.65
Diluted earnings per share	0.57		0.50		0.76		0.64
Dividends per share	0.10		0.10		0.10		0.10
2019
Net sales	$	611,781	$	666,394	$	608,602	$	543,839
Gross profit (2)	100,388		102,446		97,814		94,358
Consolidated net income	17,139		28,676		30,444		29,973
Net income attributable to Mueller Industries, Inc.	15,723		27,986		29,093		28,170
Basic earnings per share	0.28		0.50		0.52		0.50
Diluted earnings per share	0.28		0.50		0.52		0.50
Dividends per share	0.10		0.10		0.10		0.10

(1)The sum of quarterly amounts may not equal the annual amounts reported due to rounding. In addition, the earnings per share amounts are computed independently for each quarter, while the full year is based on the weighted average shares outstanding.

(2)Gross profit is net sales less cost of goods sold, which excludes depreciation and amortization.

(3)Includes income earned by Shoals Tubular, Inc., acquired during Q1 2020, and Kessler Sales and Distribution, acquired during Q3 2020.