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10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q2 2019
Filing Information
Form Type 10-Q
Accession Number 0000089439-19-000060
Period End Date 20190630
Filing Date 20190724
Fiscal Year 2019
Fiscal Period Q2
XBRL Instance mli-062919x10q_htm.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $836.00K USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $737.00K USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $91.44M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 5.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $72.62M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Accounts receivable, less allowance for doubtful accounts of $737 in 2019 and $836 in 2018 AccountsReceivableNetCurrent $316.81M USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $737 in 2019 and $836 in 2018 AccountsReceivableNetCurrent $273.42M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Inventories InventoryNet $329.80M USD Point-in-time
Inventories InventoryNet $300.39M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Other current assets OtherAssetsCurrent $25.87M USD Point-in-time
Other current assets OtherAssetsCurrent $26.79M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Total current assets AssetsCurrent $702.62M USD Point-in-time
Total current assets AssetsCurrent $734.50M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 80.18M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 80.18M shares Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $365.02M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.66M shares Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $370.63M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.70M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset - USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $28.59M USD Point-in-time
Goodwill, net Goodwill $150.34M USD Point-in-time
Goodwill, net Goodwill $153.05M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $62.73M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $61.97M USD Point-in-time
Investments in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $47.69M USD Point-in-time
Investments in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $58.04M USD Point-in-time
Other assets OtherAssetsNoncurrent $25.95M USD Point-in-time
Other assets OtherAssetsNoncurrent $25.48M USD Point-in-time
Total assets Assets $1.42B USD Point-in-time
Total assets Assets $1.37B USD Point-in-time
Current portion of debt DebtCurrent $2.89M USD Point-in-time
Current portion of debt DebtCurrent $7.10M USD Point-in-time
Accounts payable AccountsPayableCurrent $103.75M USD Point-in-time
Accounts payable AccountsPayableCurrent $106.06M USD Point-in-time
Accrued wages and other employee costs EmployeeRelatedLiabilitiesCurrent $38.55M USD Point-in-time
Accrued wages and other employee costs EmployeeRelatedLiabilitiesCurrent $33.97M USD Point-in-time
Current portion of operating lease liabilities OperatingLeaseLiabilityCurrent $4.75M USD Point-in-time
Current portion of operating lease liabilities OperatingLeaseLiabilityCurrent - USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $79.08M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $83.40M USD Point-in-time
Total current liabilities LiabilitiesCurrent $226.75M USD Point-in-time
Total current liabilities LiabilitiesCurrent $232.80M USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $479.28M USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $489.60M USD Point-in-time
Pension liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $14.24M USD Point-in-time
Pension liabilities PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent $13.27M USD Point-in-time
Postretirement benefits other than pensions OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $14.83M USD Point-in-time
Postretirement benefits other than pensions OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $14.82M USD Point-in-time
Environmental reserves AccruedEnvironmentalLossContingenciesNoncurrent $20.01M USD Point-in-time
Environmental reserves AccruedEnvironmentalLossContingenciesNoncurrent $19.90M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $16.61M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $18.59M USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $24.49M USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent - USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $15.59M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $18.21M USD Point-in-time
Total liabilities Liabilities $806.29M USD Point-in-time
Total liabilities Liabilities $812.71M USD Point-in-time
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding PreferredStockValue - USD Point-in-time
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding PreferredStockValue - USD Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 56,658,798 in 2019 and 56,702,997 in 2018 CommonStockValue $802.00K USD Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 56,658,798 in 2019 and 56,702,997 in 2018 CommonStockValue $802.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $276.85M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $280.63M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $857.12M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $824.74M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-74.75M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-79.79M USD Point-in-time
Treasury common stock, at cost TreasuryStockValue $474.24M USD Point-in-time
Treasury common stock, at cost TreasuryStockValue $475.52M USD Point-in-time
Total Mueller Industries, Inc. stockholders' equity StockholdersEquity $548.36M USD Point-in-time
Total Mueller Industries, Inc. stockholders' equity StockholdersEquity $588.27M USD Point-in-time
Noncontrolling interests MinorityInterest $14.90M USD Point-in-time
Noncontrolling interests MinorityInterest $16.09M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $563.26M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $604.36M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.37B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.42B USD Point-in-time
Income Statement 80 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $1.28B USD 2 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $666.39M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $662.77M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $1.30B USD 2 Qtrs
Cost of goods sold CostOfGoodsAndServicesSold $1.11B USD 2 Qtrs
Cost of goods sold CostOfGoodsAndServicesSold $1.08B USD 2 Qtrs
Cost of goods sold CostOfGoodsAndServicesSold $563.82M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $563.95M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $9.01M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $10.48M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $18.46M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $21.03M USD 2 Qtrs
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $72.48M USD 2 Qtrs
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $40.45M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $38.43M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $81.10M USD 2 Qtrs
(Gain) loss on sale of assets GainLossOnDispositionOfAssets $409.00K USD 1 Quarter
(Gain) loss on sale of assets GainLossOnDispositionOfAssets - USD 2 Qtrs
(Gain) loss on sale of assets GainLossOnDispositionOfAssets - USD 1 Quarter
(Gain) loss on sale of assets GainLossOnDispositionOfAssets $-3.06M USD 2 Qtrs
Operating income OperatingIncomeLoss $51.52M USD 1 Quarter
Operating income OperatingIncomeLoss $51.93M USD 1 Quarter
Operating income OperatingIncomeLoss $99.34M USD 2 Qtrs
Operating income OperatingIncomeLoss $100.70M USD 2 Qtrs
Interest expense InterestExpense $7.03M USD 1 Quarter
Interest expense InterestExpense $6.07M USD 1 Quarter
Interest expense InterestExpense $13.99M USD 2 Qtrs
Interest expense InterestExpense $11.98M USD 2 Qtrs
Other income, net OtherNonoperatingIncomeExpense $290.00K USD 2 Qtrs
Other income, net OtherNonoperatingIncomeExpense $462.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $586.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $1.15M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $44.95M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $87.00M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $46.44M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $88.50M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $19.98M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $10.43M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $19.81M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $12.41M USD 1 Quarter
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-5.84M USD 1 Quarter
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-21.21M USD 2 Qtrs
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-148.00K USD 1 Quarter
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-10.47M USD 2 Qtrs
Consolidated net income ProfitLoss $28.68M USD 1 Quarter
Consolidated net income ProfitLoss $33.88M USD 1 Quarter
Consolidated net income ProfitLoss $45.81M USD 2 Qtrs
Consolidated net income ProfitLoss $58.23M USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $690.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $700.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.11M USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $916.00K USD 2 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $27.99M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $33.18M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $43.71M USD 2 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $57.31M USD 2 Qtrs
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 56.85M shares 2 Qtrs
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 55.75M shares 1 Quarter
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 55.74M shares 2 Qtrs
Weighted average shares for basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 56.80M shares 1 Quarter
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 516,000.00 shares 2 Qtrs
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 514,000.00 shares 1 Quarter
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 561,000.00 shares 1 Quarter
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 543,000.00 shares 2 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 56.28M shares 2 Qtrs
Adjusted weighted average shares for diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 56.31M shares 1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 57.31M shares 1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 57.36M shares 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.50 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.78 USD 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.01 USD 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.58 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.58 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.00 USD 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.78 USD 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.50 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 2 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 2 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $28.68M USD 1 Quarter
Consolidated net income ProfitLoss $33.88M USD 1 Quarter
Consolidated net income ProfitLoss $45.81M USD 2 Qtrs
Consolidated net income ProfitLoss $58.23M USD 2 Qtrs
Depreciation and amortization Depreciation $21.19M USD 2 Qtrs
Depreciation and amortization Depreciation $18.62M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $3.91M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $4.30M USD 2 Qtrs
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-5.84M USD 1 Quarter
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-21.21M USD 2 Qtrs
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-148.00K USD 1 Quarter
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-10.47M USD 2 Qtrs
(Gain) loss on disposals of properties GainLossOnSaleOfPropertyPlantEquipment $37.00K USD 2 Qtrs
(Gain) loss on disposals of properties GainLossOnSaleOfPropertyPlantEquipment $-2.65M USD 2 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-67.00K USD 2 Qtrs
Deferred income tax benefit DeferredIncomeTaxExpenseBenefit $-1.26M USD 2 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $42.15M USD 2 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $90.34M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $-33.36M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $-30.08M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-12.40M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $4.62M USD 2 Qtrs
Current liabilities IncreaseDecreaseInOperatingLiabilities $-11.57M USD 2 Qtrs
Current liabilities IncreaseDecreaseInOperatingLiabilities $-9.73M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-1.49M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-1.36M USD 2 Qtrs
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-1.12M USD 2 Qtrs
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $532.00K USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $63.98M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $36.22M USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $13.03M USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $10.88M USD 2 Qtrs
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-3.46M USD 2 Qtrs
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $12.47M USD 2 Qtrs
Investments in unconsolidated affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates $609.00K USD 2 Qtrs
Investments in unconsolidated affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates $10.50M USD 2 Qtrs
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $351.00K USD 2 Qtrs
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $11.38M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-19.72M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-12.58M USD 2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc. PaymentsOfDividends $11.36M USD 2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc. PaymentsOfDividends $11.15M USD 2 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $592.00K USD 2 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest - USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $6.58M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.76M USD 2 Qtrs
Issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $193.25M USD 2 Qtrs
Issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $100.64M USD 2 Qtrs
Repayments of long-term debt RepaymentsOfLongTermDebt $110.91M USD 2 Qtrs
Repayments of long-term debt RepaymentsOfLongTermDebt $37.11M USD 2 Qtrs
Repayment of debt by consolidated joint ventures, net RepaymentsOfDebt $4.13M USD 2 Qtrs
Repayment of debt by consolidated joint ventures, net RepaymentsOfDebt $3.10M USD 2 Qtrs
Net cash (used) received to settle stock-based awards PaymentsForIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $127.00K USD 2 Qtrs
Net cash (used) received to settle stock-based awards PaymentsForIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $-103.00K USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $134.62M USD 2 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-27.45M USD 2 Qtrs
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-368.00K USD 2 Qtrs
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $118.00K USD 2 Qtrs
Increase in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $157.88M USD 2 Qtrs
Increase in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $16.93M USD 2 Qtrs
Cash, cash equivalents, and restricted cash at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $126.56M USD Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $77.14M USD Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $284.45M USD Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.07M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $126.56M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $77.14M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $284.45M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.07M USD Point-in-time
Stockholders Equity 22 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $563.26M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $604.36M USD Point-in-time
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $27.99M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $33.18M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $43.71M USD 2 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $57.31M USD 2 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-7.45M USD 2 Qtrs
Total other comprehensive (loss) income attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-3.00M USD 1 Quarter
Total other comprehensive (loss) income attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-10.52M USD 1 Quarter
Total other comprehensive (loss) income attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $4.12M USD 2 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest $592.00K USD 2 Qtrs
Dividends paid to noncontrolling interests PaymentsOfDividendsMinorityInterest - USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $690.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $700.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.11M USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $916.00K USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $3.08M USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.98M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-6.64M USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-11.62M USD 1 Quarter
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $563.26M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $604.36M USD Point-in-time
Comprehensive Income 48 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $28.68M USD 1 Quarter
Consolidated net income ProfitLoss $33.88M USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-90.00K USD 2 Qtrs
Consolidated net income ProfitLoss $45.81M USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $253.00K USD 1 Quarter
Consolidated net income ProfitLoss $58.23M USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $276.00K USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $-3.00K USD 1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-91.00K USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $3.08M USD 2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-322.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.98M USD 1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-198.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-6.64M USD 2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-142.00K USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-11.62M USD 1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $35.00K USD 1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $81.00K USD 2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $68.00K USD 1 Quarter
Attributable to unconsolidated affiliates, tax benefit (expense) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $-81.00K USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $253, $(3), $(90), and $276 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $328.00K USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $253, $(3), $(90), and $276 OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-929.00K USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $253, $(3), $(90), and $276 OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $35.00K USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $253, $(3), $(90), and $276 OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-1.03M USD 2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(198), $(322), $(91), and $(142) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-499.00K USD 2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $(198), $(322), $(91), and $(142) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-950.00K USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(198), $(322), $(91), and $(142) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-676.00K USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $(198), $(322), $(91), and $(142) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-430.00K USD 2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(68), $(35), $(81), and $81 OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $234.00K USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $(68), $(35), $(81), and $81 OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-280.00K USD 2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(68), $(35), $(81), and $81 OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $281.00K USD 2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $(68), $(35), $(81), and $81 OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $121.00K USD 1 Quarter
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-7.45M USD 2 Qtrs
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-3.00M USD 1 Quarter
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-10.52M USD 1 Quarter
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $4.12M USD 2 Qtrs
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $50.77M USD 2 Qtrs
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $25.68M USD 1 Quarter
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $49.93M USD 2 Qtrs
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $23.37M USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.19M USD 2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $670.00K USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-433.00K USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.06M USD 2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $22.70M USD 1 Quarter
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $49.71M USD 2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $48.75M USD 2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $26.11M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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