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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Dec. 28, 2019
Income Statement [Abstract]      
Net sales $ 3,769,345 $ 2,398,043 $ 2,430,616
Cost of goods sold 2,938,989 1,966,161 2,035,610
Depreciation and amortization 45,390 44,843 42,693
Selling, general, and administrative expense 184,052 159,483 162,358
Litigation settlement, net 0 (22,053) 0
Gain on sale of businesses (57,760) 0 0
Gain on sale of assets, net 0 0 (963)
Impairment charges 2,829 3,771 0
Insurance recovery 0 0 (485)
Operating income 655,845 245,838 191,403
Interest expense (7,709) (19,247) (25,683)
Redemption premium (5,674) 0 0
Environmental expense (5,053) (4,454) (1,321)
Pension plan termination expense 0 (17,835) 0
Other income, net 3,730 4,887 1,684
Income before income taxes 641,139 209,189 166,083
Income tax expense (165,858) (55,321) (35,257)
Loss from unconsolidated affiliates, net of foreign tax (157) (10,219) (24,594)
Consolidated net income 475,124 143,649 106,232
Net income attributable to noncontrolling interests (6,604) (4,156) (5,260)
Net income attributable to Mueller Industries, Inc. $ 468,520 $ 139,493 $ 100,972
Weighted average shares for basic earnings per share (in shares) 56,011 55,821 55,798
Effect of dilutive stock-based awards (in shares) 787 569 545
Adjusted weighted average shares for diluted earnings per share (in shares) 56,798 56,390 56,343
Basic earnings per share (in dollars per share) $ 8.36 $ 2.50 $ 1.81
Diluted earnings per share (in dollars per share) 8.25 2.47 1.79
Dividends per share (in dollars per share) $ 0.52 $ 0.40 $ 0.40