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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 26, 2021
Dec. 26, 2020
Current assets:    
Cash and cash equivalents $ 110,681 $ 119,075
Accounts receivable, less allowance for doubtful accounts of $2,818 in 2021 and $1,538 in 2020 542,044 357,532
Inventories 384,982 315,002
Other current assets 44,288 33,752
Total current assets 1,081,995 825,361
Property, plant, and equipment, net 385,246 376,572
Operating lease right-of-use assets 26,871 29,301
Goodwill, net 169,364 167,764
Intangible assets, net 76,886 77,207
Investments in unconsolidated affiliates 36,899 37,976
Other assets 12,176 14,387
Total assets 1,789,437 1,528,568
Current liabilities:    
Current portion of debt 6,428 41,283
Accounts payable 190,403 147,741
Accrued wages and other employee costs 39,502 46,299
Current portion of operating lease liabilities 6,546 6,259
Other current liabilities 119,550 98,061
Total current liabilities 362,429 339,643
Long-term debt, less current portion 350,996 286,593
Pension liabilities 11,799 13,552
Postretirement benefits other than pensions 13,368 13,289
Environmental reserves 21,020 21,256
Deferred income taxes 16,363 16,842
Noncurrent operating lease liabilities 19,433 21,602
Other noncurrent liabilities 20,113 14,731
Total liabilities 815,521 727,508
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 57,151,341 in 2021 and 57,087,432 in 2020 802 802
Additional paid-in capital 285,148 280,051
Retained earnings 1,176,812 1,019,694
Accumulated other comprehensive loss (48,262) (54,883)
Treasury common stock, at cost (468,784) (468,919)
Total Mueller Industries, Inc. stockholders' equity 945,716 776,745
Noncontrolling interests 28,200 24,315
Total equity 973,916 801,060
Commitments and contingencies 0 0
Total liabilities and equity $ 1,789,437 $ 1,528,568