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10-Q Filing

MUELLER INDUSTRIES INC CIK: 89439 Q2 2020
Filing Information
Form Type 10-Q
Accession Number 0000089439-20-000057
Period End Date 20200630
Filing Date 20200722
Fiscal Year 2020
Fiscal Period Q2
XBRL Instance mli-20200627_htm.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $770.00K USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $2.21M 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 $97.94M 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 $123.61M 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 $2,205 in 2020 and $770 in 2019 AccountsReceivableNetCurrent $269.94M USD Point-in-time
Accounts receivable, less allowance for doubtful accounts of $2,205 in 2020 and $770 in 2019 AccountsReceivableNetCurrent $273.71M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Inventories InventoryNet $244.41M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Inventories InventoryNet $292.11M USD Point-in-time
Other current assets OtherAssetsCurrent $28.96M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Other current assets OtherAssetsCurrent $33.78M USD Point-in-time
Total current assets AssetsCurrent $670.69M USD Point-in-time
Total current assets AssetsCurrent $693.77M 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
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.79M shares Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $363.13M USD Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $362.79M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 56.95M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $26.92M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $17.17M USD Point-in-time
Goodwill, net Goodwill $153.28M USD Point-in-time
Goodwill, net Goodwill $153.34M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $60.08M USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $63.00M USD Point-in-time
Investments in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $48.36M USD Point-in-time
Investments in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $32.44M USD Point-in-time
Other assets OtherAssetsNoncurrent $25.40M USD Point-in-time
Other assets OtherAssetsNoncurrent $23.96M USD Point-in-time
Total assets Assets $1.37B USD Point-in-time
Total assets Assets $1.32B USD Point-in-time
Current portion of debt LongTermDebtCurrent $7.53M USD Point-in-time
Current portion of debt LongTermDebtCurrent $6.54M USD Point-in-time
Accounts payable AccountsPayableCurrent $85.64M USD Point-in-time
Accounts payable AccountsPayableCurrent $93.58M USD Point-in-time
Accrued wages and other employee costs EmployeeRelatedLiabilitiesCurrent $41.67M USD Point-in-time
Accrued wages and other employee costs EmployeeRelatedLiabilitiesCurrent $40.41M USD Point-in-time
Current portion of operating lease liabilities OperatingLeaseLiabilityCurrent $4.62M USD Point-in-time
Current portion of operating lease liabilities OperatingLeaseLiabilityCurrent $5.25M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $84.11M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $94.19M USD Point-in-time
Total current liabilities LiabilitiesCurrent $234.29M USD Point-in-time
Total current liabilities LiabilitiesCurrent $229.26M USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $378.72M USD Point-in-time
Long-term debt, less current portion LongTermDebtNoncurrent $323.11M USD Point-in-time
Pension liabilities DefinedBenefitPensionPlanLiabilitiesNoncurrent $5.82M USD Point-in-time
Pension liabilities DefinedBenefitPensionPlanLiabilitiesNoncurrent $9.13M USD Point-in-time
Postretirement benefits other than pensions OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $13.08M USD Point-in-time
Postretirement benefits other than pensions OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent $12.18M USD Point-in-time
Environmental reserves AccruedEnvironmentalLossContingenciesNoncurrent $19.97M USD Point-in-time
Environmental reserves AccruedEnvironmentalLossContingenciesNoncurrent $19.78M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $19.64M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $21.09M USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $22.39M USD Point-in-time
Noncurrent operating lease liabilities OperatingLeaseLiabilityNoncurrent $13.01M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $10.13M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $10.39M USD Point-in-time
Total liabilities Liabilities $708.80M USD Point-in-time
Total liabilities Liabilities $633.19M 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 56,791,916 in 2020 and 56,949,246 in 2019 CommonStockValue $802.00K USD Point-in-time
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 56,791,916 in 2020 and 56,949,246 in 2019 CommonStockValue $802.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $278.61M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $281.86M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $903.07M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $951.99M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-68.77M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-89.80M USD Point-in-time
Treasury common stock, at cost TreasuryStockValue $470.24M USD Point-in-time
Treasury common stock, at cost TreasuryStockValue $474.17M USD Point-in-time
Total Mueller Industries, Inc. stockholders' equity StockholdersEquity $643.47M USD Point-in-time
Total Mueller Industries, Inc. stockholders' equity StockholdersEquity $670.68M USD Point-in-time
Noncontrolling interests MinorityInterest $18.67M USD Point-in-time
Noncontrolling interests MinorityInterest $19.52M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $662.14M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $690.20M 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 $1.32B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.37B USD Point-in-time
Income Statement 84 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $1.28B USD 2 Qtrs
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $500.17M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $666.39M USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $1.10B USD 2 Qtrs
Cost of goods sold CostOfGoodsAndServicesSold $1.08B USD 2 Qtrs
Cost of goods sold CostOfGoodsAndServicesSold $911.87M USD 2 Qtrs
Cost of goods sold CostOfGoodsAndServicesSold $563.95M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $403.16M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $22.14M USD 2 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $11.10M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $10.48M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $21.03M USD 2 Qtrs
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $33.62M USD 1 Quarter
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $81.10M USD 2 Qtrs
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $76.37M USD 2 Qtrs
Selling, general, and administrative expense SellingGeneralAndAdministrativeExpense $40.45M USD 1 Quarter
Asset impairments AssetImpairmentCharges - USD 2 Qtrs
Asset impairments AssetImpairmentCharges - USD 1 Quarter
Asset impairments AssetImpairmentCharges $3.04M USD 2 Qtrs
Asset impairments AssetImpairmentCharges - USD 1 Quarter
Litigation settlement, net GainLossRelatedToLitigationSettlement - USD 1 Quarter
Litigation settlement, net GainLossRelatedToLitigationSettlement - USD 2 Qtrs
Litigation settlement, net GainLossRelatedToLitigationSettlement $21.93M USD 2 Qtrs
Litigation settlement, net GainLossRelatedToLitigationSettlement - USD 1 Quarter
Operating income OperatingIncomeLoss $100.70M USD 2 Qtrs
Operating income OperatingIncomeLoss $52.30M USD 1 Quarter
Operating income OperatingIncomeLoss $51.52M USD 1 Quarter
Operating income OperatingIncomeLoss $111.61M USD 2 Qtrs
Interest expense InterestExpense $4.97M USD 1 Quarter
Interest expense InterestExpense $7.03M USD 1 Quarter
Interest expense InterestExpense $10.35M USD 2 Qtrs
Interest expense InterestExpense $13.99M USD 2 Qtrs
Other income, net OtherNonoperatingIncomeExpense $2.83M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $3.11M USD 2 Qtrs
Other income, net OtherNonoperatingIncomeExpense $462.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $290.00K USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $87.00M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $50.16M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $44.95M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $104.37M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $13.03M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $27.17M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $10.43M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $19.98M USD 2 Qtrs
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-5.84M USD 1 Quarter
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-14.76M USD 2 Qtrs
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-8.64M USD 1 Quarter
Loss from unconsolidated affiliates, net of foreign tax IncomeLossFromEquityMethodInvestments $-21.21M USD 2 Qtrs
Consolidated net income ProfitLoss $28.49M USD 1 Quarter
Consolidated net income ProfitLoss $62.44M USD 2 Qtrs
Consolidated net income ProfitLoss $45.81M USD 2 Qtrs
Consolidated net income ProfitLoss $28.68M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $690.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $531.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.11M USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.07M USD 2 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $27.99M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $27.96M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $43.71M USD 2 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $60.37M USD 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 55.80M shares 2 Qtrs
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 55.72M shares 1 Quarter
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 543,000.00 shares 2 Qtrs
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 471,000.00 shares 1 Quarter
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 527,000.00 shares 2 Qtrs
Effect of dilutive stock-based awards (in shares) WeightedAverageNumberDilutedSharesOutstandingAdjustment 561,000.00 shares 1 Quarter
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 56.19M shares 1 Quarter
Adjusted weighted average shares for diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 56.33M shares 2 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.08 USD 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 $0.50 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.07 USD 2 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.50 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.50 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.78 USD 2 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 2 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 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 72 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $28.49M USD 1 Quarter
Consolidated net income ProfitLoss $62.44M USD 2 Qtrs
Consolidated net income ProfitLoss $45.81M USD 2 Qtrs
Consolidated net income ProfitLoss $28.68M USD 1 Quarter
Depreciation and amortization Depreciation $22.30M USD 2 Qtrs
Depreciation and amortization Depreciation $21.19M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $4.20M USD 2 Qtrs
Stock-based compensation expense ShareBasedCompensation $4.30M USD 2 Qtrs
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $1.85M USD 2 Qtrs
Provision for doubtful accounts receivable ProvisionForDoubtfulAccounts $-100.00K USD 2 Qtrs
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-5.84M USD 1 Quarter
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-14.76M USD 2 Qtrs
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-8.64M USD 1 Quarter
Loss from unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-21.21M USD 2 Qtrs
Gain on disposals of properties GainLossOnSaleOfPropertyPlantEquipment $9.00K USD 2 Qtrs
Gain on disposals of properties GainLossOnSaleOfPropertyPlantEquipment $37.00K USD 2 Qtrs
Impairment charges AssetImpairmentCharges - USD 2 Qtrs
Impairment charges AssetImpairmentCharges - USD 1 Quarter
Impairment charges AssetImpairmentCharges $3.04M USD 2 Qtrs
Impairment charges AssetImpairmentCharges - USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $764.00K USD 2 Qtrs
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-67.00K USD 2 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $42.05M USD 2 Qtrs
Receivables IncreaseDecreaseInAccountsReceivable $11.21M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $-30.08M USD 2 Qtrs
Inventories IncreaseDecreaseInInventories $-43.26M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-3.97M USD 2 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $4.62M USD 2 Qtrs
Current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-277.00K USD 2 Qtrs
Current liabilities IncreaseDecreaseInOtherCurrentLiabilities $-9.73M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $-5.37M USD 2 Qtrs
Other liabilities IncreaseDecreaseInOtherNoncurrentLiabilities $-1.49M USD 2 Qtrs
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-3.08M 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 $142.78M USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $22.21M USD 2 Qtrs
Capital expenditures PaymentsToAcquireProductiveAssets $13.03M USD 2 Qtrs
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $15.41M USD 2 Qtrs
Acquisition of business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $-3.46M USD 2 Qtrs
Investments in unconsolidated affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates $10.50M USD 2 Qtrs
Investments in unconsolidated affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates - USD 2 Qtrs
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $1.00K USD 2 Qtrs
Proceeds from sales of assets ProceedsFromSaleOfPropertyPlantAndEquipment $351.00K USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-37.63M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-19.72M USD 2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc. PaymentsOfDividends $11.15M USD 2 Qtrs
Dividends paid to stockholders of Mueller Industries, Inc. PaymentsOfDividends $11.17M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $5.57M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.76M USD 2 Qtrs
Issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $100.64M USD 2 Qtrs
Issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $110.02M USD 2 Qtrs
Repayments of long-term debt RepaymentsOfLongTermDebt $166.02M USD 2 Qtrs
Repayments of long-term debt RepaymentsOfLongTermDebt $110.91M USD 2 Qtrs
Repayment of debt by consolidated joint ventures, net RepaymentsOfDebt $471.00K USD 2 Qtrs
Repayment of debt by consolidated joint ventures, net RepaymentsOfDebt $4.13M USD 2 Qtrs
Net cash received (used) to settle stock-based awards ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $696.00K USD 2 Qtrs
Net cash received (used) to settle stock-based awards PaymentsForIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $127.00K USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-27.45M USD 2 Qtrs
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-72.52M USD 2 Qtrs
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-6.16M 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 $16.93M USD 2 Qtrs
Increase in cash, cash equivalents, and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $26.47M USD 2 Qtrs
Cash, cash equivalents, and restricted cash at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $124.51M USD Point-in-time
Cash, cash equivalents, and restricted cash at the beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.04M 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 beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $77.14M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $124.51M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $98.04M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $94.07M USD Point-in-time
Cash, cash equivalents, and restricted cash at the end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $77.14M USD Point-in-time
Stockholders Equity 20 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $662.14M USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $690.20M 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 $27.96M USD 1 Quarter
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $43.71M USD 2 Qtrs
Net income attributable to Mueller Industries, Inc. NetIncomeLoss $60.37M USD 2 Qtrs
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $4.12M USD 2 Qtrs
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-22.24M USD 2 Qtrs
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-255.00K USD 1 Quarter
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. OtherComprehensiveIncomeLossNetOfTax $-3.00M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $690.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $531.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.11M USD 2 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.07M USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.98M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-20.83M USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $421.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $3.08M USD 2 Qtrs
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $662.14M USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $690.20M USD Point-in-time
Comprehensive Income 48 line items
Line Item Tag Value Unit Period
Consolidated net income ProfitLoss $28.49M USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-90.00K USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-970.00K USD 1 Quarter
Consolidated net income ProfitLoss $62.44M 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
Net change with respect to derivative instruments and hedging activities, tax (expense) benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-10.00K USD 2 Qtrs
Consolidated net income ProfitLoss $28.68M USD 1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-91.00K USD 2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $375.00K USD 1 Quarter
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $132.00K USD 2 Qtrs
Net actuarial loss on pension and postretirement obligations, tax benefit (expense) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $-198.00K USD 1 Quarter
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
Attributable to unconsolidated affiliates, tax benefit (expense) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $-810.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.98M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-20.83M USD 2 Qtrs
Attributable to unconsolidated affiliates, tax benefit (expense) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesTax $-262.00K USD 2 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $421.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $3.08M USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(970), $253, $(10), and $(90) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.40M USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(970), $253, $(10), and $(90) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-929.00K USD 1 Quarter
Net change with respect to derivative instruments and hedging activities, net of tax of $(970), $253, $(10), and $(90) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $41.00K USD 2 Qtrs
Net change with respect to derivative instruments and hedging activities, net of tax of $(970), $253, $(10), and $(90) OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $328.00K USD 2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $375, $(198), $132, and $(91) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $1.28M USD 1 Quarter
Net change in pension and postretirement obligation adjustments, net of tax of $375, $(198), $132, and $(91) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $545.00K USD 2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $375, $(198), $132, and $(91) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-430.00K USD 2 Qtrs
Net change in pension and postretirement obligation adjustments, net of tax of $375, $(198), $132, and $(91) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-676.00K USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $810, $(68), $262, and $(81) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $234.00K USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $810, $(68), $262, and $(81) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $281.00K USD 2 Qtrs
Attributable to unconsolidated affiliates, net of tax of $810, $(68), $262, and $(81) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.79M USD 1 Quarter
Attributable to unconsolidated affiliates, net of tax of $810, $(68), $262, and $(81) OtherComprehensiveIncomeLossAttributableToUnconsolidatedAffiliatesNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-903.00K USD 2 Qtrs
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $4.12M USD 2 Qtrs
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-22.24M USD 2 Qtrs
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-255.00K USD 1 Quarter
Total other comprehensive (loss) income, net OtherComprehensiveIncomeLossNetOfTax $-3.00M USD 1 Quarter
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $25.68M USD 1 Quarter
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $49.93M USD 2 Qtrs
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $40.20M USD 2 Qtrs
Consolidated comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $28.23M USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-90.00K USD 1 Quarter
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.19M USD 2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $855.00K USD 2 Qtrs
Comprehensive loss (income) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-433.00K USD 1 Quarter
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $26.11M USD 1 Quarter
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $48.75M USD 2 Qtrs
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $28.32M USD 1 Quarter
Comprehensive income attributable to Mueller Industries, Inc. ComprehensiveIncomeNetOfTax $39.34M USD 2 Qtrs

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

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