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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 3,768,766 $ 3,420,345 $ 3,982,455
Cost of goods sold 2,724,328 2,433,511 2,864,862
Depreciation and amortization 53,133 39,954 43,731
Selling, general, and administrative expense 226,696 208,172 203,086
Gain on sale of businesses 0 (4,137) 0
Gain on sale of assets, net (5,780) 0 (6,373)
Impairment charges 0 6,258 0
Gain on insurance settlement 0 (19,466) 0
Operating income 770,389 756,053 877,149
Interest expense (410) (1,221) (810)
Interest income 53,468 38,208 6,457
Realized and unrealized gains on short-term investments 914 41,865 2,918
Gain on extinguishment of NMTC liability 1,265 7,534 0
Environmental expense (2,218) (825) (1,298)
Pension plan termination expense 0 0 (13,100)
Other (expense) income, net (2,946) 3,618 4,715
Income before income taxes 820,462 845,232 876,031
Income tax expense (205,076) (220,762) (223,322)
Income (loss) from unconsolidated affiliates, net of foreign tax 2,156 (14,821) 10,111
Consolidated net income 617,542 609,649 662,820
Net income attributable to noncontrolling interests (12,663) (6,752) (4,504)
Net income attributable to Mueller Industries, Inc. $ 604,879 $ 602,897 $ 658,316
Weighted average shares for basic earnings per share (in shares) 111,385 111,420 111,558
Effect of dilutive stock-based awards (in shares) 2,580 2,242 1,552
Adjusted weighted average shares for diluted earnings per share (in shares) 113,965 113,662 113,110
Basic earnings per share (in dollars per share) $ 5.43 $ 5.41 $ 5.90
Diluted earnings per share (in dollars per share) 5.31 5.30 5.82
Dividends per share (in dollars per share) $ 0.80 $ 0.60 $ 0.50

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