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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 27, 2021
Dec. 26, 2020
Current assets:    
Cash and cash equivalents $ 129,876 $ 119,075
Accounts receivable, less allowance for doubtful accounts of $3,168 in 2021 and $1,538 in 2020 447,492 357,532
Inventories 365,457 315,002
Other current assets 43,710 33,752
Total current assets 986,535 825,361
Property, plant, and equipment, net 384,853 376,572
Operating lease right-of-use assets 28,494 29,301
Goodwill, net 168,207 167,764
Intangible assets, net 77,784 77,207
Investments in unconsolidated affiliates 38,891 37,976
Other assets 13,565 14,387
Total assets 1,698,329 1,528,568
Current liabilities:    
Current portion of debt 106,164 41,283
Accounts payable 177,174 147,741
Accrued wages and other employee costs 39,426 46,299
Current portion of operating lease liabilities 6,567 6,259
Other current liabilities 115,157 98,061
Total current liabilities 444,488 339,643
Long-term debt, less current portion 286,576 286,593
Pension liabilities 12,183 13,552
Postretirement benefits other than pensions 13,285 13,289
Environmental reserves 21,322 21,256
Deferred income taxes 17,127 16,842
Noncurrent operating lease liabilities 20,832 21,602
Other noncurrent liabilities 14,503 14,731
Total liabilities 830,316 727,508
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 57,122,617 in 2021 and 57,087,432 in 2020 802 802
Additional paid-in capital 282,713 280,051
Retained earnings 1,075,410 1,019,694
Accumulated other comprehensive loss (48,528) (54,883)
Treasury common stock, at cost (469,251) (468,919)
Total Mueller Industries, Inc. stockholders' equity 841,146 776,745
Noncontrolling interests 26,867 24,315
Total equity 868,013 801,060
Total liabilities and equity $ 1,698,329 $ 1,528,568