10-Q Filing

MINERALS TECHNOLOGIES INC CIK: 891014 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0000891014-22-000053`
Period End Date	20220930
Filing Date	20221028
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 104 Cash Flow Statement 79 Stockholders Equity 63 Comprehensive Income 40

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$367.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$224.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$299.50M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$4.90M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$2.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$430.60M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$367.80M	USD	Point-in-time
Inventories	`InventoryNet`	$297.70M	USD	Point-in-time
Inventories	`InventoryNet`	$344.60M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$71.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$58.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.03B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$2.25B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$2.30B	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.25B	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.21B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.04B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.05B	USD	Point-in-time
Goodwill	`Goodwill`	$907.50M	USD	Point-in-time
Goodwill	`Goodwill`	$912.20M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$243.50M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$251.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$22.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$23.00M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$114.50M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$97.60M	USD	Point-in-time
Total assets	`Assets`	$3.37B	USD	Point-in-time
Total assets	`Assets`	$3.39B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$80.00M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$118.50M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$700.00K	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$800.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$196.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$210.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$142.90M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$164.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$419.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$493.50M	USD	Point-in-time
Long-term debt, net of unamortized discount and deferred financing costs	`LongTermDebtNoncurrent`	$944.90M	USD	Point-in-time
Long-term debt, net of unamortized discount and deferred financing costs	`LongTermDebtNoncurrent`	$936.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$188.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$194.50M	USD	Point-in-time
Accrued pension and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$102.20M	USD	Point-in-time
Accrued pension and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$114.30M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$136.30M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$116.60M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.85B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.79B	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`	$483.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$474.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.17B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-421.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-333.60M	USD	Point-in-time
Less common stock held in treasury	`TreasuryStockValue`	$775.10M	USD	Point-in-time
Less common stock held in treasury	`TreasuryStockValue`	$831.10M	USD	Point-in-time
Total Minerals Technologies Inc. shareholders' equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total Minerals Technologies Inc. shareholders' equity	`StockholdersEquity`	$1.50B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$33.60M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$40.20M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.37B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.39B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.62B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.38B	USD	3 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$541.90M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$473.20M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$423.60M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.04B	USD	3 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$359.90M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.25B	USD	3 Qtrs
Production margin	`GrossProfit`	$118.30M	USD	1 Quarter
Production margin	`GrossProfit`	$113.30M	USD	1 Quarter
Production margin	`GrossProfit`	$367.30M	USD	3 Qtrs
Production margin	`GrossProfit`	$340.50M	USD	3 Qtrs
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$46.00M	USD	1 Quarter
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$143.60M	USD	3 Qtrs
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$45.50M	USD	1 Quarter
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$139.90M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$15.20M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.60M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$14.50M	USD	3 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.10M	USD	1 Quarter
Acquisition related transaction and integration costs	`BusinessCombinationIntegrationRelatedCosts`	$1.50M	USD	1 Quarter
Acquisition related transaction and integration costs	`BusinessCombinationIntegrationRelatedCosts`	$1.90M	USD	3 Qtrs
Acquisition related transaction and integration costs	`BusinessCombinationIntegrationRelatedCosts`	$4.70M	USD	3 Qtrs
Acquisition related transaction and integration costs	`BusinessCombinationIntegrationRelatedCosts`	$500.00K	USD	1 Quarter
Litigation costs	`GainLossRelatedToLitigationSettlement`	$-31.10M	USD	1 Quarter
Litigation costs	`GainLossRelatedToLitigationSettlement`	-	USD	1 Quarter
Litigation costs	`GainLossRelatedToLitigationSettlement`	$-32.60M	USD	3 Qtrs
Litigation costs	`GainLossRelatedToLitigationSettlement`	-	USD	3 Qtrs
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	$1.10M	USD	3 Qtrs
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	-	USD	3 Qtrs
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	-	USD	1 Quarter
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	$1.10M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$171.20M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$35.60M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$60.60M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$183.10M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$31.20M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$11.00M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$28.20M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$9.20M	USD	1 Quarter
Debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	$-6.90M	USD	1 Quarter
Debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	$-6.90M	USD	3 Qtrs
Debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$1.70M	USD	3 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$800.00K	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$200.00K	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$3.00M	USD	3 Qtrs
Other non-operating income (deductions), net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	3 Qtrs
Other non-operating income (deductions), net	`OtherNonoperatingIncomeExpense`	$300.00K	USD	3 Qtrs
Other non-operating income (deductions), net	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Other non-operating income (deductions), net	`OtherNonoperatingIncomeExpense`	$-400.00K	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-18.50M	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-41.80M	USD	3 Qtrs
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-10.10M	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-30.90M	USD	3 Qtrs
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$129.40M	USD	3 Qtrs
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$50.50M	USD	1 Quarter
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$152.20M	USD	3 Qtrs
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.10M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$3.20M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$8.90M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$25.80M	USD	3 Qtrs
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$27.60M	USD	3 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$700.00K	USD	1 Quarter
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$800.00K	USD	1 Quarter
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$1.40M	USD	3 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$1.80M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$105.00M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$14.60M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$126.40M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$43.00M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$42.40M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$41.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.60M	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`	$3.20M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.20M	USD	1 Quarter
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$102.40M	USD	3 Qtrs
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$13.40M	USD	1 Quarter
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$41.40M	USD	1 Quarter
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$123.20M	USD	3 Qtrs
Basic: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$1.24	USD	1 Quarter
Basic: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$0.41	USD	1 Quarter
Basic: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$3.12	USD	3 Qtrs
Basic: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$3.66	USD	3 Qtrs
Diluted: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$3.63	USD	3 Qtrs
Diluted: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$0.41	USD	1 Quarter
Diluted: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$3.11	USD	3 Qtrs
Diluted: Income attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$1.22	USD	1 Quarter
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`	32.50M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.80M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.70M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.90M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.90M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.60M	shares	1 Quarter

Cash Flow Statement 79 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$105.00M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$14.60M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$126.40M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$43.00M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$42.40M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$41.00M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$71.00M	USD	3 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$71.20M	USD	3 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$1.70M	USD	3 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$800.00K	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$200.00K	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$3.00M	USD	3 Qtrs
Reduction of right of use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$9.50M	USD	3 Qtrs
Reduction of right of use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$9.20M	USD	3 Qtrs
Non-cash debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	$-6.90M	USD	1 Quarter
Non-cash debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	$-6.90M	USD	3 Qtrs
Non-cash debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Non-cash debt extinguishment expenses	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Asset impairment charges	`AssetImpairmentCharges`	$700.00K	USD	3 Qtrs
Asset impairment charges	`AssetImpairmentCharges`	-	USD	3 Qtrs
Pension plan funding	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-5.30M	USD	3 Qtrs
Pension plan funding	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-7.60M	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-15.10M	USD	3 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-10.20M	USD	3 Qtrs
Net changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapitalExcludingObligationForPensionAndOtherPostretirementBenefits`	$140.50M	USD	3 Qtrs
Net changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapitalExcludingObligationForPensionAndOtherPostretirementBenefits`	$49.80M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$63.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$163.10M	USD	3 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$63.00M	USD	3 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.40M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$186.90M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$22.40M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$400.00K	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$1.00M	USD	3 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$6.10M	USD	3 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$7.80M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$5.20M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$2.80M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-2.20M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-244.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-75.90M	USD	3 Qtrs
Long-term debt issuance	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Long-term debt issuance	`ProceedsFromIssuanceOfLongTermDebt`	$550.00M	USD	3 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$3.20M	USD	3 Qtrs
Deferred financing costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$548.70M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$1.00M	USD	3 Qtrs
Proceeds from issuance of short-term debt	`ProceedsFromShortTermDebt`	$100.50M	USD	3 Qtrs
Proceeds from issuance of short-term debt	`ProceedsFromShortTermDebt`	$38.50M	USD	3 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$56.00M	USD	3 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$62.90M	USD	3 Qtrs
Proceeds from issuance of stock under option plan	`ProceedsFromStockOptionsExercised`	$10.60M	USD	3 Qtrs
Proceeds from issuance of stock under option plan	`ProceedsFromStockOptionsExercised`	$3.50M	USD	3 Qtrs
Excess tax benefits related to stock incentive programs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.30M	USD	3 Qtrs
Excess tax benefits related to stock incentive programs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.80M	USD	3 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$6.30M	USD	3 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$1.60M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$4.90M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$5.10M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$37.70M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.40M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-13.90M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-32.70M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-57.80M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-75.40M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$367.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$224.10M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$299.50M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$309.90M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$224.10M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$35.10M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$32.40M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$34.00M	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$28.90M	USD	3 Qtrs
Treasury stock purchases settled after period end	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	3 Qtrs
Treasury stock purchases settled after period end	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$600.00K	USD	3 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Net income	`ProfitLoss`	$105.00M	USD	3 Qtrs
Net income	`ProfitLoss`	$14.60M	USD	1 Quarter
Net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Net income	`ProfitLoss`	$126.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Net income	`ProfitLoss`	$43.00M	USD	1 Quarter
Net income	`ProfitLoss`	$42.40M	USD	1 Quarter
Net income	`ProfitLoss`	$41.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-42.80M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-10.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-21.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-90.80M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.90M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-44.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-26.30M	USD	3 Qtrs
Dividends declared	`Dividends`	$1.70M	USD	1 Quarter
Dividends declared	`Dividends`	$1.80M	USD	1 Quarter
Dividends declared	`Dividends`	$1.60M	USD	1 Quarter
Dividends declared	`Dividends`	$1.60M	USD	1 Quarter
Dividends declared	`Dividends`	$1.60M	USD	1 Quarter
Dividends declared	`Dividends`	$1.70M	USD	1 Quarter
Dividends paid to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$100.00K	USD	1 Quarter
Dividends paid to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$100.00K	USD	1 Quarter
Dividends paid to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.20M	USD	1 Quarter
Dividends paid to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$900.00K	USD	1 Quarter
Dividends paid to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$600.00K	USD	1 Quarter
Issuance of shares pursuant to employee stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$4.60M	USD	1 Quarter
Issuance of shares pursuant to employee stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$900.00K	USD	1 Quarter
Issuance of shares pursuant to employee stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$2.40M	USD	1 Quarter
Issuance of shares pursuant to employee stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$200.00K	USD	1 Quarter
Issuance of shares pursuant to employee stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$5.80M	USD	1 Quarter
Issuance of shares pursuant to employee stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$100.00K	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$24.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$16.70M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$26.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$16.90M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$20.00M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$15.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.80M	USD	1 Quarter
Conversion of RSU's for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.80M	USD	1 Quarter
Conversion of RSU's for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.60M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.55B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.54B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Consolidated net income	`ProfitLoss`	$105.00M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$14.60M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$126.40M	USD	3 Qtrs
Consolidated net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$43.00M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$42.40M	USD	1 Quarter
Consolidated net income	`ProfitLoss`	$41.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-52.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-41.80M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-111.50M	USD	3 Qtrs
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-900.00K	USD	1 Quarter
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.20M	USD	1 Quarter
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-9.00M	USD	3 Qtrs
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.30M	USD	3 Qtrs
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$16.40M	USD	3 Qtrs
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$7.10M	USD	1 Quarter
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.60M	USD	1 Quarter
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.50M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-42.80M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.10M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-21.50M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-90.80M	USD	3 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$5.30M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.90M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-44.00M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-26.30M	USD	3 Qtrs
Total comprehensive income (loss) including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$32.30M	USD	1 Quarter
Total comprehensive income (loss) including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.20M	USD	3 Qtrs
Total comprehensive income (loss) including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$100.10M	USD	3 Qtrs
Total comprehensive income (loss) including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-29.40M	USD	1 Quarter
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-300.00K	USD	3 Qtrs
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$100.00K	USD	1 Quarter
Comprehensive (income) loss attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$97.10M	USD	3 Qtrs
Comprehensive income (loss) attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$-29.50M	USD	1 Quarter
Comprehensive income (loss) attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$31.20M	USD	1 Quarter
Comprehensive income (loss) attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$14.50M	USD	3 Qtrs

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