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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Quarterly Financial Information (Unaudited) (1)
(In thousands, except per share data) |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |
2022 |  |  |  |  |  |  |  |  |
Net sales |  | $ | 1,010,002 |  |  | $ | 1,150,042 |  |  | $ | 944,830 |  |  | $ | 877,581 |  |
Gross profit (2) |  | 265,491 |  |  | 329,128 |  |  | 266,193 |  |  | 256,781 |  |
Consolidated net income |  | 159,248 |  |  | 207,524 |  |  | 155,813 |  |  | 140,235 |  |
Net income attributable to Mueller Industries, Inc. |  | 158,316 |  |  | 206,552 |  |  | 154,542 |  |  | 138,906 |  |
Basic earnings per share |  | 2.82 |  |  | 3.70 |  |  | 2.78 |  |  | 2.50 |  |
Diluted earnings per share |  | 2.78 |  |  | 3.65 |  |  | 2.74 |  |  | 2.46 |  |
Dividends per share |  | 0.25 |  |  | 0.25 |  |  | 0.25 |  |  | 0.25 |  |
2021 |  |  |  |  |  |  |  |  |
Net sales |  | $ | 818,148 |  |  | $ | 1,012,592 |  |  | $ | 982,248 |  |  | $ | 956,357 |  |
Gross profit (2) |  | 149,730 |  |  | 212,880 |  |  | 237,983 |  |  | 229,763 |  |
Consolidated net income (3) |  | 65,238 |  |  | 110,932 |  |  | 172,256 |  |  | 126,698 |  |
Net income attributable to Mueller Industries, Inc. |  | 63,107 |  |  | 108,832 |  |  | 170,980 |  |  | 125,601 |  |
Basic earnings per share |  | 1.13 |  |  | 1.95 |  |  | 3.05 |  |  | 2.24 |  |
Diluted earnings per share |  | 1.11 |  |  | 1.92 |  |  | 3.01 |  |  | 2.21 |  |
Dividends per share |  | 0.13 |  |  | 0.13 |  |  | 0.13 |  |  | 0.13 |  |
(1)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. (2)Gross profit is net sales less cost of goods sold, which excludes depreciation and amortization. (3)Includes income earned by H&C Flex, acquired during Q1 2021, and Mueller Middle East, acquired during Q4 2021.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI https://asc.fasb.org/topic&trid=2126967 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=126900988&loc=SL124452896-108306 + Details
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