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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 26, 2022
Mar. 27, 2021
Income Statement [Abstract]    
Net sales $ 1,010,002 $ 818,148
Cost of goods sold 744,511 668,418
Depreciation and amortization 10,841 11,755
Selling, general, and administrative expense 47,456 45,435
Gain on sale of assets (5,507) 0
Operating income 212,701 92,540
Interest expense (158) (4,469)
Other income, net 780 577
Income before income taxes 213,323 88,648
Income tax expense (54,199) (21,761)
Income (loss) from unconsolidated affiliates, net of foreign tax 124 (1,649)
Consolidated net income 159,248 65,238
Net income attributable to noncontrolling interests (932) (2,131)
Net income attributable to Mueller Industries, Inc. $ 158,316 $ 63,107
Weighted average shares for basic earnings per share (in shares) 56,100 55,916
Effect of dilutive stock-based awards (in shares) 810 756
Adjusted weighted average shares for diluted earnings per share (in shares) 56,910 56,672
Basic earnings per share (in dollars per share) $ 2.82 $ 1.13
Diluted earnings per share (in dollars per share) 2.78 1.11
Dividends per share (in dollars per share) $ 0.25 $ 0.13