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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Oct. 01, 2011
Sep. 25, 2010
Cash flows from operating activities  
Consolidated net income$ 74,014$ 69,583
Reconciliation of consolidated net income to net cash (used in) provided by operating activities  
Depreciation and amortization27,84430,550
Stock-based compensation expense2,5832,185
Insurance settlement0(21,284)
Insurance proceeds - noncapital related10,0005,561
(Gain) loss on disposal of properties(99)252
Deferred income taxes(2,785)(8,386)
Income tax benefit from exercise of stock options(867)(89)
Changes in assets and liabilities, net of businesses acquired:  
Receivables(38,480)(50,810)
Inventories(10,432)2,800
Other assets(9,263)6,158
Current liabilities13,70321,562
Other liabilities1,9072,839
Other, net759(225)
Net cash provided by operating activities68,88460,696
Cash flows from investing activities  
Capital expenditures(13,128)(14,210)
Acquisition of businesses(6,882)(2,021)
Insurance proceeds for property and equipment017,703
Net (deposits into) withdrawals from restricted cash balances(5,120)1,649
Proceeds from sales of properties1,74526
Net cash (used in) provided by investing activities(23,385)3,147
Cash flows from financing activities  
Dividends paid to stockholders of Mueller Industries, Inc.(11,345)(11,300)
Debt issuance cost(1,942)0
Issuance (repayment) of debt by joint venture, net19,316(1,097)
Acquisition of treasury stock8,21185
Issuance of shares under stock-based incentive plans from treasury11,8852,463
Repayments of long-term debt1,9020
Income tax benefit from exercise of stock options86789
Net cash provided by (used in) financing activities8,668(9,930)
Effect of exchange rate changes on cash547202
Increase in cash and cash equivalents54,71454,115
Cash and cash equivalents at the beginning of the period394,139346,001
Cash and cash equivalents at the end of the period$ 448,853$ 400,116