XML 22 R9.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated other comprehensive loss
Treasury Stock
Noncontrolling Interest
Balance at beginning of period at Dec. 31, 2022   $ 802 $ 297,270 $ 2,059,796 $ (64,175) $ (502,779) $ 23,050
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Acquisition of shares under incentive stock option plans     688        
Stock-based compensation expense     17,268        
Issuance of restricted stock     (1,579)     1,579  
Net income attributable to Mueller Industries, Inc. $ 483,659     483,659      
Dividends paid or payable to stockholders of Mueller Industries, Inc.       (51,298)      
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. 9,358       9,114    
Acquisition of shares under incentive stock option plans           (9,801)  
Repurchase of common stock           (19,303)  
Net income attributable to noncontrolling interests (6,694)           6,694
Foreign currency translation 8,898           244
Balance at end of period at Sep. 30, 2023   802 313,647 2,492,157 (55,061) (530,304) 29,988
Balance at beginning of period at Jul. 01, 2023   802 309,705 2,376,618 (46,249) (524,646) 26,708
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Acquisition of shares under incentive stock option plans     254        
Stock-based compensation expense     4,809        
Issuance of restricted stock     (1,121)     1,121  
Net income attributable to Mueller Industries, Inc. 132,709     132,709      
Dividends paid or payable to stockholders of Mueller Industries, Inc.       (17,170)      
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. (8,532)       (8,812)    
Acquisition of shares under incentive stock option plans           (6,779)  
Repurchase of common stock           0  
Net income attributable to noncontrolling interests (3,000)           3,000
Foreign currency translation (9,078)           280
Balance at end of period at Sep. 30, 2023   802 313,647 2,492,157 (55,061) (530,304) 29,988
Balance at beginning of period at Dec. 30, 2023 2,358,716 1,604 312,171 2,594,300 (47,221) (523,409) 21,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Acquisition of shares under incentive stock option plans     433        
Stock-based compensation expense     19,956        
Issuance of restricted stock     (8,992)     8,992  
Net income attributable to Mueller Industries, Inc. 467,227     467,227      
Dividends paid or payable to stockholders of Mueller Industries, Inc.       (68,605)      
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. (6,741)       (6,012)    
Acquisition of shares under incentive stock option plans           (23,381)  
Repurchase of common stock           (48,681)  
Net income attributable to noncontrolling interests (9,712)           9,712
Foreign currency translation (5,909)           (729)
Balance at end of period at Sep. 28, 2024 2,708,636 1,604 323,568 2,992,922 (53,233) (586,479) 30,254
Balance at beginning of period at Jun. 29, 2024   1,604 325,763 2,847,420 (60,162) (568,522) 26,755
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Acquisition of shares under incentive stock option plans     90        
Stock-based compensation expense     6,480        
Issuance of restricted stock     (8,765)     8,765  
Net income attributable to Mueller Industries, Inc. 168,699     168,699      
Dividends paid or payable to stockholders of Mueller Industries, Inc.       (23,197)      
Total other comprehensive income (loss) attributable to Mueller Industries, Inc. 7,344       6,929    
Acquisition of shares under incentive stock option plans           (21,035)  
Repurchase of common stock           (5,687)  
Net income attributable to noncontrolling interests (3,084)           3,084
Foreign currency translation 6,117           415
Balance at end of period at Sep. 28, 2024 $ 2,708,636 $ 1,604 $ 323,568 $ 2,992,922 $ (53,233) $ (586,479) $ 30,254