10-Q Filing

MINERALS TECHNOLOGIES INC CIK: 891014 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000891014-18-000026`
Period End Date	20180930
Filing Date	20181102
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mtx-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 96 Cash Flow Statement 72 Comprehensive Income 32

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$188.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$211.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$212.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$206.90M	USD	Point-in-time
Short-term investments, at cost which approximates market	`ShortTermInvestments`	$2.70M	USD	Point-in-time
Short-term investments, at cost which approximates market	`ShortTermInvestments`	$4.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$383.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$410.50M	USD	Point-in-time
Inventories	`InventoryNet`	$219.30M	USD	Point-in-time
Inventories	`InventoryNet`	$243.40M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$35.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$38.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$852.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$903.60M	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$2.22B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$2.25B	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.16B	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.15B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.11B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.06B	USD	Point-in-time
Goodwill	`Goodwill`	$779.30M	USD	Point-in-time
Goodwill	`Goodwill`	$808.10M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$210.30M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$196.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$26.10M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$25.60M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$58.00M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$55.50M	USD	Point-in-time
Total assets	`Assets`	$3.11B	USD	Point-in-time
Total assets	`Assets`	$2.97B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$6.30M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$108.30M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$3.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$179.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$184.70M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$124.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$120.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$420.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$310.00M	USD	Point-in-time
Long-term debt, net of unamortized discount and deferred financing costs	`LongTermDebtNoncurrent`	$946.10M	USD	Point-in-time
Long-term debt, net of unamortized discount and deferred financing costs	`LongTermDebtNoncurrent`	$959.80M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$164.50M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$159.40M	USD	Point-in-time
Accrued pension and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$155.00M	USD	Point-in-time
Accrued pension and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$136.40M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$107.10M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$103.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.77B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.69B	USD	Point-in-time
Common stock	`CommonStockValue`	$4.90M	USD	Point-in-time
Common stock	`CommonStockValue`	$4.90M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$422.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$429.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.61B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-186.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-238.80M	USD	Point-in-time
Less common stock held in treasury	`TreasuryStockValue`	$597.00M	USD	Point-in-time
Less common stock held in treasury	`TreasuryStockValue`	$613.40M	USD	Point-in-time
Total MTI shareholders' equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total MTI shareholders' equity	`StockholdersEquity`	$1.25B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$31.40M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$27.40M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.28B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.34B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$2.97B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.11B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Total net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24B	USD	3 Qtrs
Total net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$424.40M	USD	1 Quarter
Total net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.36B	USD	3 Qtrs
Total net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$464.10M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$305.20M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$890.90M	USD	3 Qtrs
Total cost of sales	`CostOfGoodsAndServicesSold`	$344.90M	USD	1 Quarter
Total cost of sales	`CostOfGoodsAndServicesSold`	$1.01B	USD	3 Qtrs
Production margin	`GrossProfit`	$119.20M	USD	1 Quarter
Production margin	`GrossProfit`	$352.60M	USD	3 Qtrs
Production margin	`GrossProfit`	$119.20M	USD	1 Quarter
Production margin	`GrossProfit`	$348.60M	USD	3 Qtrs
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$45.40M	USD	1 Quarter
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$135.10M	USD	3 Qtrs
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$132.80M	USD	3 Qtrs
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$45.20M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$17.50M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$17.80M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.90M	USD	1 Quarter
Acquisition-related transaction and integration costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.80M	USD	3 Qtrs
Acquisition-related transaction and integration costs	`BusinessCombinationAcquisitionRelatedCosts`	$500.00K	USD	1 Quarter
Acquisition-related transaction and integration costs	`BusinessCombinationAcquisitionRelatedCosts`	$300.00K	USD	1 Quarter
Acquisition-related transaction and integration costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.70M	USD	3 Qtrs
Restructuring and other items, net	`RestructuringCharges`	$700.00K	USD	3 Qtrs
Restructuring and other items, net	`RestructuringCharges`	$900.00K	USD	3 Qtrs
Restructuring and other items, net	`RestructuringCharges`	$300.00K	USD	1 Quarter
Restructuring and other items, net	`RestructuringCharges`	$400.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$198.30M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$67.20M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$193.60M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$68.20M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$33.90M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$10.50M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$32.50M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$11.70M	USD	1 Quarter
Debt modification costs and fees	`DebtModificationCostsAndFees`	-	USD	3 Qtrs
Debt modification costs and fees	`DebtModificationCostsAndFees`	-	USD	1 Quarter
Debt modification costs and fees	`DebtModificationCostsAndFees`	-	USD	1 Quarter
Debt modification costs and fees	`DebtModificationCostsAndFees`	$3.90M	USD	3 Qtrs
Pension settlement costs	`NonCashPensionSettlementCosts`	-	USD	3 Qtrs
Pension settlement costs	`NonCashPensionSettlementCosts`	$3.60M	USD	3 Qtrs
Pension settlement costs	`NonCashPensionSettlementCosts`	-	USD	1 Quarter
Pension settlement costs	`NonCashPensionSettlementCosts`	$3.60M	USD	1 Quarter
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-900.00K	USD	1 Quarter
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-2.10M	USD	1 Quarter
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-4.70M	USD	3 Qtrs
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-500.00K	USD	3 Qtrs
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-16.20M	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-12.60M	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-41.10M	USD	3 Qtrs
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-38.00M	USD	3 Qtrs
Income before provision for taxes and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$157.20M	USD	3 Qtrs
Income before provision for taxes and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$155.60M	USD	3 Qtrs
Income before provision for taxes and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$52.00M	USD	1 Quarter
Income before provision for taxes and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$54.60M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$35.60M	USD	3 Qtrs
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$9.70M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$12.10M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$29.30M	USD	3 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$400.00K	USD	1 Quarter
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$700.00K	USD	3 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$600.00K	USD	1 Quarter
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$2.90M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$122.30M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$42.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$42.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$129.20M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.20M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.30M	USD	3 Qtrs
Net income attributable to Minerals Technologies Inc. (MTI)	`NetIncomeLoss`	$125.90M	USD	3 Qtrs
Net income attributable to Minerals Technologies Inc. (MTI)	`NetIncomeLoss`	$41.70M	USD	1 Quarter
Net income attributable to Minerals Technologies Inc. (MTI)	`NetIncomeLoss`	$119.30M	USD	3 Qtrs
Net income attributable to Minerals Technologies Inc. (MTI)	`NetIncomeLoss`	$41.90M	USD	1 Quarter
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.57	USD	3 Qtrs
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.19	USD	1 Quarter
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$3.40	USD	3 Qtrs
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.18	USD	1 Quarter
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.17	USD	1 Quarter
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.35	USD	3 Qtrs
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.18	USD	1 Quarter
Income from continuing operations attributable to MTI (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$3.54	USD	3 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	3 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.10M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.30M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.60M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.60M	shares	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$122.30M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$42.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$42.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$129.20M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$71.00M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$67.00M	USD	3 Qtrs
Non-cash debt modification fees	`NonCashDebtModificationFees`	-	USD	3 Qtrs
Non-cash debt modification fees	`NonCashDebtModificationFees`	$1.80M	USD	3 Qtrs
Non-cash pension settlement costs	`NonCashPensionSettlementCosts`	-	USD	3 Qtrs
Non-cash pension settlement costs	`NonCashPensionSettlementCosts`	$3.60M	USD	3 Qtrs
Non-cash pension settlement costs	`NonCashPensionSettlementCosts`	-	USD	1 Quarter
Non-cash pension settlement costs	`NonCashPensionSettlementCosts`	$3.60M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$-8.90M	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	-	USD	3 Qtrs
Pension plan funding	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-5.40M	USD	3 Qtrs
Pension plan funding	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-18.60M	USD	3 Qtrs
Net changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$51.80M	USD	3 Qtrs
Net changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapital`	$44.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$150.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$133.40M	USD	3 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$54.20M	USD	3 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$56.40M	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	3 Qtrs
Acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$122.50M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$1.30M	USD	3 Qtrs
Proceeds from sales of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$400.00K	USD	3 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$2.80M	USD	3 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$3.30M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$5.60M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$3.50M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$900.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$100.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-180.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.50M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.40M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$84.90M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$27.40M	USD	3 Qtrs
Issuance of short-term debt	`ProceedsFromShortTermDebt`	-	USD	3 Qtrs
Issuance of short-term debt	`ProceedsFromShortTermDebt`	$113.00M	USD	3 Qtrs
Repayment of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-200.00K	USD	3 Qtrs
Repayment of short-term debt	`ProceedsFromRepaymentsOfShortTermDebt`	$-11.00M	USD	3 Qtrs
Purchase of common shares for treasury	`PaymentsForRepurchaseOfCommonStock`	$700.00K	USD	3 Qtrs
Purchase of common shares for treasury	`PaymentsForRepurchaseOfCommonStock`	$16.40M	USD	3 Qtrs
Proceeds from issuance of stock under option plan	`ProceedsFromStockOptionsExercised`	$2.20M	USD	3 Qtrs
Proceeds from issuance of stock under option plan	`ProceedsFromStockOptionsExercised`	$14.40M	USD	3 Qtrs
Excess tax benefits related to stock incentive programs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.60M	USD	3 Qtrs
Excess tax benefits related to stock incentive programs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.10M	USD	3 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$2.40M	USD	3 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$1.60M	USD	3 Qtrs
Capital contribution by non-controlling interests	`ProceedsFromMinorityShareholders`	$3.70M	USD	3 Qtrs
Capital contribution by non-controlling interests	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividends`	$5.30M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividends`	$5.30M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-82.70M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$52.70M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-10.50M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$9.80M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$23.20M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-5.30M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$188.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$211.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$212.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$206.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$188.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$211.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$212.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$206.90M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$34.60M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$28.90M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$35.50M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$28.90M	USD	3 Qtrs

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$122.30M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$42.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$42.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$129.20M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$33.80M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-62.40M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-23.10M	USD	1 Quarter
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-1.00M	USD	1 Quarter
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.70M	USD	3 Qtrs
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.60M	USD	1 Quarter
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-8.40M	USD	3 Qtrs
Unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-200.00K	USD	3 Qtrs
Unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-400.00K	USD	1 Quarter
Unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$100.00K	USD	1 Quarter
Unrealized gains (losses) on derivatives	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-100.00K	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$37.30M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-18.90M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-54.10M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$9.10M	USD	1 Quarter
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$52.00M	USD	1 Quarter
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$75.10M	USD	3 Qtrs
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$159.60M	USD	3 Qtrs
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.00M	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.90M	USD	3 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.80M	USD	3 Qtrs
Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Comprehensive income attributable to MTI	`ComprehensiveIncomeNetOfTax`	$73.30M	USD	3 Qtrs
Comprehensive income attributable to MTI	`ComprehensiveIncomeNetOfTax`	$50.70M	USD	1 Quarter
Comprehensive income attributable to MTI	`ComprehensiveIncomeNetOfTax`	$23.40M	USD	1 Quarter
Comprehensive income attributable to MTI	`ComprehensiveIncomeNetOfTax`	$155.70M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.