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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 26, 2015
Dec. 27, 2014
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Net sales $ 2,055,622 $ 2,100,002 $ 2,364,227
Cost of goods sold 1,723,499 1,809,702 2,043,719
Depreciation and amortization 35,133 34,608 33,735
Selling, general, and administrative expense 137,499 130,358 131,740
Gain on sale of assets 0 (15,376) (6,259)
Impairment charges 6,778 0 0
Severance 0 3,442 7,296
Operating income 152,713 137,268 153,996
Interest expense (7,387) (7,667) (5,740)
Other income (expense), net 704 2,188 (243)
Income before income taxes 146,030 131,789 148,013
Income tax expense (48,137) (43,382) (45,479)
Income from unconsolidated affiliates, net of tax 1,861 0 0
Consolidated net income 99,754 88,407 102,534
Less net income attributable to noncontrolling interests (27) (543) (974)
Net income attributable to Mueller Industries, Inc. $ 99,727 $ 87,864 $ 101,560
Weighted average shares for basic earnings per share (in shares) 56,572 56,316 56,042
Effect of dilutive stock-based awards (in shares) 597 652 726
Adjusted weighted average shares for diluted earnings per share (in shares) 57,169 56,968 56,768
Basic earnings per share (in dollars per share) $ 1.76 $ 1.56 $ 1.81
Diluted earnings per share (in dollars per share) 1.74 1.54 1.79
Dividends per share (in dollars per share) $ 0.375 $ 0.300 $ 0.300