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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 28, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 154,283 $ 97,944
Accounts receivable, less allowance for doubtful accounts of $1,613 in 2020 and $770 in 2019 308,836 269,943
Inventories 270,119 292,107
Other current assets 40,888 33,778
Total current assets 774,126 693,772
Property, plant, and equipment, net 366,828 363,128
Operating lease right-of-use assets 18,632 26,922
Goodwill, net 160,820 153,276
Intangible assets, net 56,582 60,082
Investments in unconsolidated affiliates 44,683 48,363
Other assets 24,268 25,397
Total assets 1,445,939 1,370,940
Current liabilities:    
Current portion of debt 7,591 7,530
Accounts payable 94,251 85,644
Accrued wages and other employee costs 33,103 41,673
Current portion of operating lease liabilities 5,047 5,250
Other current liabilities 89,907 94,190
Total current liabilities 229,899 234,287
Long-term debt, less current portion 468,234 378,724
Pension liabilities 6,756 9,126
Postretirement benefits other than pensions 12,437 13,082
Environmental reserves 19,875 19,972
Deferred income taxes 19,513 21,094
Noncurrent operating lease liabilities 14,124 22,388
Other noncurrent liabilities 9,801 10,131
Total liabilities 780,639 708,804
Mueller Industries, Inc. stockholders' equity:    
Preferred stock - $1.00 par value; shares authorized 5,000,000; none outstanding 0 0
Common stock - $.01 par value; shares authorized 100,000,000; issued 80,183,004; outstanding 56,752,790 in 2020 and 56,949,246 in 2019 802 802
Additional paid-in capital 280,197 278,609
Retained earnings 929,810 903,070
Accumulated other comprehensive loss (90,165) (68,770)
Treasury common stock, at cost (474,957) (470,243)
Total Mueller Industries, Inc. stockholders' equity 645,687 643,468
Noncontrolling interests 19,613 18,668
Total equity 665,300 662,136
Commitments and contingencies 0 0
Total liabilities and equity $ 1,445,939 $ 1,370,940