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Quarterly Financial Information (Unaudited) (Tables) | 12 Months Ended
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Dec. 26, 2015
Quarterly Financial Information (Unaudited) [Abstract] |
Quarterly financial information (Unaudited) |
|  | First |  |  | Second |  |  |  | Third |  |  | Fourth |
(In thousands, except per share data) |  | Quarter |  |  | Quarter |  |  |  | Quarter |  |  | Quarter |
2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 537,242 |  |  | $ | 555,593 |  |  |  | $ | 535,184 |  |  |  |  | $ | 471,983 |  |  |
Gross profit (1) |  |  | 76,408 |  |  |  | 85,228 |  |  |  |  | 68,017 |  |  |  |  |  | 60,647 |  |  |
Consolidated net income (2) |  |  | 22,340 |  |  |  | 33,862 |  | (3 | ) |  | 18,095 |  | (4 | ) |  |  | 14,110 |  |  |
Net income attributable to Mueller Industries, Inc. |  |  | 21,978 |  |  |  | 33,651 |  |  |  |  | 17,800 |  |  |  |  |  | 14,435 |  |  |
Basic earnings per share |  |  | 0.39 |  |  |  | 0.60 |  |  |  |  | 0.32 |  |  |  |  |  | 0.26 |  |  |
Diluted earnings per share |  |  | 0.39 |  |  |  | 0.59 |  |  |  |  | 0.31 |  |  |  |  |  | 0.25 |  |  |
Dividends per share |  |  | 0.075 |  |  |  | 0.075 |  |  |  |  | 0.075 |  |  |  |  |  | 0.075 |  |  |
2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 574,374 |  |  | $ | 649,691 |  |  |  | $ | 602,820 |  |  |  |  | $ | 537,342 |  |  |
Gross profit(1) |  |  | 78,597 |  |  |  | 91,916 |  |  |  |  | 81,542 |  |  |  |  |  | 68,453 |  |  |
Consolidated net income (5) |  |  | 24,954 |  |  |  | 35,209 |  |  |  |  | 24,322 |  |  |  |  |  | 18,049 |  | (6 | )
Net income attributable to Mueller Industries, Inc. |  |  | 24,706 |  |  |  | 35,045 |  |  |  |  | 23,823 |  |  |  |  |  | 17,987 |  |  |
Basic earnings per share |  |  | 0.44 |  |  |  | 0.63 |  |  |  |  | 0.42 |  |  |  |  |  | 0.32 |  |  |
Diluted earnings per share |  |  | 0.44 |  |  |  | 0.62 |  |  |  |  | 0.42 |  |  |  |  |  | 0.32 |  |  |
Dividends per share |  |  | 0.075 |  |  |  | 0.075 |  |  |  |  | 0.075 |  |  |  |  |  | 0.075 |  |  |
(1) Gross profit is net sales less cost of goods sold, which excludes depreciation and amortization. |
(2) Includes income earned by Turbotec, acquired during Q2 2015, Sherwood, acquired during Q2 2015, and Great Lakes, acquired during Q3 2015. |
(3) Includes $15.4 million pre-tax gain on sale of assets and $3.4 million of pre-tax charges related to severance. |
(4) During Q3 2015, the Company recorded a permanent adjustment to a deferred tax liability of $4.2 million. |
(5) Includes losses incurred by Yorkshire, acquired during Q1 2014. |
(6) Includes $4.8 million pre-tax gain on sale of assets and $4.2 million of pre-tax charges related to severance. |
(7) The sum of quarterly amounts may not equal the annual amounts reported due to rounding. In addition, the earnings per share amounts are computed independently for each quarter, while the full year is based on the weighted average shares outstanding. |

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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