Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2022

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

Quarterly Financial Information (Unaudited) (1)

(In thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
2022
Net sales	$	1,010,002	$	1,150,042	$	944,830	$	877,581
Gross profit (2)	265,491		329,128		266,193		256,781
Consolidated net income	159,248		207,524		155,813		140,235
Net income attributable to Mueller Industries, Inc.	158,316		206,552		154,542		138,906
Basic earnings per share	2.82		3.70		2.78		2.50
Diluted earnings per share	2.78		3.65		2.74		2.46
Dividends per share	0.25		0.25		0.25		0.25
2021
Net sales	$	818,148	$	1,012,592	$	982,248	$	956,357
Gross profit (2)	149,730		212,880		237,983		229,763
Consolidated net income (3)	65,238		110,932		172,256		126,698
Net income attributable to Mueller Industries, Inc.	63,107		108,832		170,980		125,601
Basic earnings per share	1.13		1.95		3.05		2.24
Diluted earnings per share	1.11		1.92		3.01		2.21
Dividends per share	0.13		0.13		0.13		0.13

(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 H&C Flex, acquired during Q1 2021, and Mueller Middle East, acquired during Q4 2021.