10-Q Filing

MINERALS TECHNOLOGIES INC CIK: 891014 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000891014-23-000074`
Period End Date	20230630
Filing Date	20230728
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 98 Cash Flow Statement 69 Stockholders Equity 41 Comprehensive Income 36

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$247.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$299.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$247.10M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$5.60M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$8.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$419.80M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$404.00M	USD	Point-in-time
Inventories	`InventoryNet`	$354.70M	USD	Point-in-time
Inventories	`InventoryNet`	$348.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$64.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$49.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.08B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$2.29B	USD	Point-in-time
Property, plant and equipment	`PropertyPlantAndEquipmentGross`	$2.29B	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.24B	USD	Point-in-time
Less accumulated depreciation and depletion	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.24B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.05B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.05B	USD	Point-in-time
Goodwill	`Goodwill`	$914.80M	USD	Point-in-time
Goodwill	`Goodwill`	$914.30M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$241.90M	USD	Point-in-time
Intangible assets	`IntangibleAssetsNetExcludingGoodwill`	$235.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$24.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$24.40M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$99.60M	USD	Point-in-time
Other assets and deferred charges	`OtherAssetsNoncurrent`	$103.10M	USD	Point-in-time
Total assets	`Assets`	$3.40B	USD	Point-in-time
Total assets	`Assets`	$3.41B	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$119.70M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$107.10M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$14.50M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$14.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$204.30M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$193.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$174.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$146.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$502.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$472.20M	USD	Point-in-time
Long-term debt, net of unamortized discount and deferred financing costs	`LongTermDebtNoncurrent`	$921.20M	USD	Point-in-time
Long-term debt, net of unamortized discount and deferred financing costs	`LongTermDebtNoncurrent`	$928.10M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$180.40M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$177.40M	USD	Point-in-time
Accrued pension and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$63.50M	USD	Point-in-time
Accrued pension and post-retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$62.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$113.20M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$113.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.79B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.75B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	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`	$490.60M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$487.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.28B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.34B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-382.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-366.50M	USD	Point-in-time
Less common stock held in treasury	`TreasuryStockValue`	$831.10M	USD	Point-in-time
Less common stock held in treasury	`TreasuryStockValue`	$831.10M	USD	Point-in-time
Total Minerals Technologies Inc. shareholders' equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total Minerals Technologies Inc. shareholders' equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$33.70M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$35.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	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 shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.41B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$3.40B	USD	Point-in-time

Income Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$557.00M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.10B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.08B	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$551.50M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$429.70M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$827.10M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$848.90M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$423.50M	USD	1 Quarter
Production margin	`GrossProfit`	$127.30M	USD	1 Quarter
Production margin	`GrossProfit`	$128.00M	USD	1 Quarter
Production margin	`GrossProfit`	$248.70M	USD	2 Qtrs
Production margin	`GrossProfit`	$249.00M	USD	2 Qtrs
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$51.80M	USD	1 Quarter
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$104.10M	USD	2 Qtrs
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$48.80M	USD	1 Quarter
Marketing and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$97.60M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.60M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$10.10M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$5.00M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$10.90M	USD	2 Qtrs
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	$6.60M	USD	1 Quarter
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	-	USD	1 Quarter
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	-	USD	2 Qtrs
Restructuring and other items, net	`RestructuringCostsAndAssetImpairmentCharges`	$6.60M	USD	2 Qtrs
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$2.60M	USD	1 Quarter
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$300.00K	USD	2 Qtrs
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$4.20M	USD	2 Qtrs
Acquisition-related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$200.00K	USD	1 Quarter
Litigation expenses	`GainLossRelatedToLitigationSettlement`	$-13.90M	USD	1 Quarter
Litigation expenses	`GainLossRelatedToLitigationSettlement`	$-1.50M	USD	1 Quarter
Litigation expenses	`GainLossRelatedToLitigationSettlement`	$-1.50M	USD	2 Qtrs
Litigation expenses	`GainLossRelatedToLitigationSettlement`	$-13.90M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$69.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$112.90M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$49.90M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$135.60M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$20.20M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$14.50M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$28.70M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$10.40M	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	-	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$1.50M	USD	2 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	-	USD	2 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$1.50M	USD	1 Quarter
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-1.60M	USD	2 Qtrs
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-2.50M	USD	2 Qtrs
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-1.20M	USD	1 Quarter
Other non-operating deductions, net	`OtherNonoperatingIncomeExpense`	$-1.40M	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-31.20M	USD	2 Qtrs
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-13.10M	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-15.90M	USD	1 Quarter
Total non-operating deductions, net	`NonoperatingIncomeExpense`	$-23.30M	USD	2 Qtrs
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$56.30M	USD	1 Quarter
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$34.00M	USD	1 Quarter
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$112.30M	USD	2 Qtrs
Income before tax and equity in earnings	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$81.70M	USD	2 Qtrs
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$11.40M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$7.50M	USD	1 Quarter
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$22.60M	USD	2 Qtrs
Provision for taxes on income	`IncomeTaxExpenseBenefit`	$18.00M	USD	2 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	2 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$700.00K	USD	2 Qtrs
Equity in earnings of affiliates, net of tax	`IncomeLossFromEquityMethodInvestments`	$600.00K	USD	1 Quarter
Net income	`ProfitLoss`	$65.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Net income	`ProfitLoss`	$27.60M	USD	1 Quarter
Net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Net income	`ProfitLoss`	$90.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$38.10M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$600.00K	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.10M	USD	2 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	2 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$44.90M	USD	1 Quarter
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$89.00M	USD	2 Qtrs
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$26.60M	USD	1 Quarter
Net income attributable to Minerals Technologies Inc.	`NetIncomeLoss`	$63.60M	USD	2 Qtrs
Basic net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$1.96	USD	2 Qtrs
Basic net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$1.37	USD	1 Quarter
Basic net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$0.82	USD	1 Quarter
Basic net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareBasic`	$2.70	USD	2 Qtrs
Diluted net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$1.96	USD	2 Qtrs
Diluted net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$2.69	USD	2 Qtrs
Diluted net income per share attributable to Minerals Technologies Inc. (in dollars per share)	`EarningsPerShareDiluted`	$1.36	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`	$0.10	USD	2 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Cash dividends declared per common share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.00M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.10M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.90M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.50M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.60M	shares	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$65.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Net income	`ProfitLoss`	$27.60M	USD	1 Quarter
Net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Net income	`ProfitLoss`	$90.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$38.10M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$47.20M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$47.90M	USD	2 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	-	USD	1 Quarter
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$1.50M	USD	2 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	-	USD	2 Qtrs
Non-cash pension settlement charge	`PensionExpenseReversalOfExpenseNoncash`	$1.50M	USD	1 Quarter
Reduction of right of use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$7.00M	USD	2 Qtrs
Reduction of right of use asset	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$6.20M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-10.50M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-10.10M	USD	2 Qtrs
Pension plan funding	`IncreaseDecreaseInPensionAndPostretirementObligations`	-	USD	2 Qtrs
Pension plan funding	`IncreaseDecreaseInPensionAndPostretirementObligations`	$-2.30M	USD	2 Qtrs
Net changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapitalExcludingObligationForPensionAndOtherPostretirementBenefits`	$121.00M	USD	2 Qtrs
Net changes in operating assets and liabilities	`IncreaseDecreaseInOperatingCapitalExcludingObligationForPensionAndOtherPostretirementBenefits`	$50.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$79.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$33.20M	USD	2 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$45.90M	USD	2 Qtrs
Purchases of property, plant and equipment, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$40.20M	USD	2 Qtrs
Payments related to acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.80M	USD	2 Qtrs
Payments related to acquisition of business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$22.30M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$200.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSalesOfAssetsInvestingActivities`	$300.00K	USD	2 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$7.00M	USD	2 Qtrs
Proceeds from sale of short-term investments	`ProceedsFromSaleOfShortTermInvestments`	$5.50M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$9.10M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$2.00M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.60M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-300.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-57.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-49.30M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$500.00K	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$7.40M	USD	2 Qtrs
Proceeds from issuance of short-term debt	`ProceedsFromShortTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of short-term debt	`ProceedsFromShortTermDebt`	$30.00M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	$12.70M	USD	2 Qtrs
Repayment of short-term debt	`RepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Purchase of common stock for treasury	`PaymentsForRepurchaseOfCommonStock`	$40.70M	USD	2 Qtrs
Proceeds from issuance of stock under option plan	`ProceedsFromStockOptionsExercised`	$200.00K	USD	2 Qtrs
Proceeds from issuance of stock under option plan	`ProceedsFromStockOptionsExercised`	$1.10M	USD	2 Qtrs
Excess tax benefits related to stock incentive programs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.30M	USD	2 Qtrs
Excess tax benefits related to stock incentive programs	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.80M	USD	2 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$6.30M	USD	2 Qtrs
Dividends paid to non-controlling interests	`PaymentsOfDividendsMinorityInterest`	-	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$3.30M	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$3.30M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-23.00M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-4.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-17.90M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-100.00K	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-64.80M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$247.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$299.50M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$247.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$234.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$247.10M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$39.20M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$29.70M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$24.40M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	$26.40M	USD	2 Qtrs
Treasury stock purchases settled after period end	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	-	USD	2 Qtrs
Treasury stock purchases settled after period end	`OtherSignificantNoncashTransactionValueOfConsiderationGiven1`	$700.00K	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time
Net income	`ProfitLoss`	$65.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Net income	`ProfitLoss`	$27.60M	USD	1 Quarter
Net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Net income	`ProfitLoss`	$90.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$38.10M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-17.00M	USD	2 Qtrs
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-42.80M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-46.70M	USD	2 Qtrs
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-3.90M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-25.20M	USD	1 Quarter
Other comprehensive income (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$8.10M	USD	1 Quarter
Dividends declared	`Dividends`	$1.60M	USD	1 Quarter
Dividends declared	`Dividends`	$1.70M	USD	1 Quarter
Dividends declared	`Dividends`	$1.60M	USD	1 Quarter
Dividends declared	`Dividends`	$1.60M	USD	1 Quarter
Dividends paid to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.20M	USD	1 Quarter
Dividends paid to non-controlling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$100.00K	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`	$200.00K	USD	1 Quarter
Issuance of shares pursuant to employee stock compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$200.00K	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$16.70M	USD	1 Quarter
Purchase of common stock for treasury	`TreasuryStockValueAcquiredCostMethod`	$24.00M	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`	$2.70M	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`	$2.70M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.58B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.60B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.66B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.61B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$65.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$44.90M	USD	1 Quarter
Net income	`ProfitLoss`	$27.60M	USD	1 Quarter
Net income	`ProfitLoss`	$45.50M	USD	1 Quarter
Net income	`ProfitLoss`	$90.40M	USD	2 Qtrs
Net income	`ProfitLoss`	$38.10M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.10M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-51.30M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-16.00M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-59.40M	USD	2 Qtrs
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-400.00K	USD	1 Quarter
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-900.00K	USD	2 Qtrs
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-2.30M	USD	1 Quarter
Pension and postretirement plan adjustments	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-3.40M	USD	2 Qtrs
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$6.20M	USD	1 Quarter
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.90M	USD	2 Qtrs
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.30M	USD	2 Qtrs
Unrealized gains (losses) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$500.00K	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-17.00M	USD	2 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-42.80M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-46.70M	USD	2 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-3.90M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-25.20M	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$8.10M	USD	1 Quarter
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.40M	USD	1 Quarter
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$48.70M	USD	2 Qtrs
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$43.70M	USD	2 Qtrs
Total comprehensive income including non-controlling interests	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.70M	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.30M	USD	2 Qtrs
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-100.00K	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.20M	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-400.00K	USD	2 Qtrs
Comprehensive income attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$2.50M	USD	1 Quarter
Comprehensive income attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$47.40M	USD	2 Qtrs
Comprehensive income attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$3.90M	USD	1 Quarter
Comprehensive income attributable to Minerals Technologies Inc.	`ComprehensiveIncomeNetOfTax`	$44.10M	USD	2 Qtrs

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