2015 Q3 Form 10-Q Financial Statement
#000110465715000101 Filed on July 31, 2015
Income Statement
Concept | 2015 Q3 | 2014 Q2 |
---|---|---|
Revenue | $16.49M | $11.22M |
YoY Change | 5.54% | 573.93% |
Cost Of Revenue | $225.5M | $238.2M |
YoY Change | -4.73% | -8.45% |
Gross Profit | $51.33M | $49.80M |
YoY Change | -6.41% | 8.28% |
Gross Profit Margin | 311.19% | 443.82% |
Selling, General & Admin | $34.59M | $34.69M |
YoY Change | 0.24% | 4.07% |
% of Gross Profit | 67.4% | 69.65% |
Research & Development | $3.586M | $3.443M |
YoY Change | 10.58% | 9.16% |
% of Gross Profit | 6.99% | 6.91% |
Depreciation & Amortization | $8.200M | $10.00M |
YoY Change | 74.47% | -0.99% |
% of Gross Profit | 15.98% | 20.08% |
Operating Expenses | $38.18M | $38.13M |
YoY Change | 1.13% | 4.51% |
Operating Profit | $13.11M | $14.57M |
YoY Change | -26.07% | 122.04% |
Interest Expense | $650.0K | $672.0K |
YoY Change | -14.92% | -17.34% |
% of Operating Profit | 4.96% | 4.61% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $12.46M | $13.90M |
YoY Change | -26.57% | 141.75% |
Income Tax | $3.394M | $3.922M |
% Of Pretax Income | 27.24% | 28.22% |
Net Earnings | $9.067M | $9.511M |
YoY Change | -28.29% | 128.9% |
Net Earnings / Revenue | 54.97% | 84.76% |
Basic Earnings Per Share | $0.45 | $0.46 |
Diluted Earnings Per Share | $0.44 | $0.45 |
COMMON SHARES | ||
Basic Shares Outstanding | 20.15M shares | 20.64M shares |
Diluted Shares Outstanding | 20.50M shares | 21.00M shares |
Balance Sheet
Concept | 2015 Q3 | 2014 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $20.60M | $18.10M |
YoY Change | 5.1% | 15.29% |
Cash & Equivalents | $20.63M | $18.06M |
Short-Term Investments | ||
Other Short-Term Assets | $32.80M | $26.90M |
YoY Change | 20.59% | -34.71% |
Inventory | $229.2M | $254.8M |
Prepaid Expenses | ||
Receivables | $117.2M | $121.8M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $399.8M | $421.6M |
YoY Change | -0.3% | 7.37% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $254.3M | $252.1M |
YoY Change | 2.2% | -6.9% |
Goodwill | $86.73M | $88.75M |
YoY Change | 0.0% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $4.985M | $4.851M |
YoY Change | 6.22% | 14.41% |
Total Long-Term Assets | $379.4M | $369.2M |
YoY Change | 3.73% | -9.07% |
TOTAL ASSETS | ||
Total Short-Term Assets | $399.8M | $421.6M |
Total Long-Term Assets | $379.4M | $369.2M |
Total Assets | $779.3M | $790.9M |
YoY Change | 1.62% | -0.99% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $31.51M | $32.96M |
YoY Change | -2.02% | 14.33% |
Accrued Expenses | $48.69M | $47.83M |
YoY Change | -18.26% | 2.69% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $3.427M | $33.37M |
YoY Change | -48.18% | -8.74% |
Long-Term Debt Due | $3.400M | $33.40M |
YoY Change | -48.48% | -8.74% |
Total Short-Term Liabilities | $94.09M | $123.3M |
YoY Change | -12.49% | 9.65% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $41.21M | $46.95M |
YoY Change | -5.86% | -21.2% |
Other Long-Term Liabilities | $18.06M | $16.25M |
YoY Change | 11.57% | -0.29% |
Total Long-Term Liabilities | $59.27M | $63.20M |
YoY Change | -1.16% | -16.71% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $94.09M | $123.3M |
Total Long-Term Liabilities | $59.27M | $63.20M |
Total Liabilities | $153.4M | $186.5M |
YoY Change | -8.43% | -0.97% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $491.3M | $455.4M |
YoY Change | 5.41% | |
Common Stock | $203.1M | $200.1M |
YoY Change | 1.04% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $144.2M | $121.3M |
YoY Change | 7.38% | |
Treasury Stock Shares | ||
Shareholders Equity | $471.5M | $487.9M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $779.3M | $790.9M |
YoY Change | 1.62% | -1.57% |
Cashflow Statement
Concept | 2015 Q3 | 2014 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $9.067M | $9.511M |
YoY Change | -28.29% | 128.9% |
Depreciation, Depletion And Amortization | $8.200M | $10.00M |
YoY Change | 74.47% | -0.99% |
Cash From Operating Activities | $25.10M | $21.70M |
YoY Change | 11.56% | -5.24% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$9.400M | -$6.800M |
YoY Change | 36.23% | -5.56% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$6.400M | -$200.0K |
YoY Change | 2033.33% | -50.0% |
Cash From Investing Activities | -$15.70M | -$7.000M |
YoY Change | 118.06% | -9.09% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -10.90M | -15.90M |
YoY Change | -19.26% | -19.29% |
NET CHANGE | ||
Cash From Operating Activities | 25.10M | 21.70M |
Cash From Investing Activities | -15.70M | -7.000M |
Cash From Financing Activities | -10.90M | -15.90M |
Net Change In Cash | -1.500M | -1.200M |
YoY Change | -183.33% | -73.33% |
FREE CASH FLOW | ||
Cash From Operating Activities | $25.10M | $21.70M |
Capital Expenditures | -$9.400M | -$6.800M |
Free Cash Flow | $34.50M | $28.50M |
YoY Change | 17.35% | -5.32% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-07-03 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001104657 | ||
CY2015Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
20124806 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
MATERION Corp | ||
dei |
Trading Symbol
TradingSymbol
|
MTRN | ||
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Accumulated Othercomprehensive Income Loss Tax
AccumulatedOthercomprehensiveIncomeLossTax
|
-17232000 | USD |
CY2014Q1 | mtrn |
Accumulated Othercomprehensive Income Loss Tax
AccumulatedOthercomprehensiveIncomeLossTax
|
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CY2014Q2 | mtrn |
Accumulated Othercomprehensive Income Loss Tax
AccumulatedOthercomprehensiveIncomeLossTax
|
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CY2014Q4 | mtrn |
Accumulated Othercomprehensive Income Loss Tax
AccumulatedOthercomprehensiveIncomeLossTax
|
-27540000 | USD |
CY2015Q2 | mtrn |
Accumulated Othercomprehensive Income Loss Tax
AccumulatedOthercomprehensiveIncomeLossTax
|
-26737000 | USD |
CY2015Q3 | mtrn |
Accumulated Othercomprehensive Income Loss Tax
AccumulatedOthercomprehensiveIncomeLossTax
|
-26892000 | USD |
mtrn |
Depreciation Expense Offset By Government Reimbursement
DepreciationExpenseOffsetByGovernmentReimbursement
|
3300000 | USD | |
mtrn |
Increase Decrease In Interest And Taxes Payable
IncreaseDecreaseInInterestAndTaxesPayable
|
5432000 | USD | |
mtrn |
Increase Decrease In Interest And Taxes Payable
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|
3240000 | USD | |
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Metal Consignment Fees
MetalConsignmentFees
|
1846000 | USD |
mtrn |
Metal Consignment Fees
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|
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mtrn |
Metal Consignment Fees
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|
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Other Equity Transactions
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|
2927000 | USD |
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Other Equity Transactions
OtherEquityTransactions
|
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Other Net
OtherNet
|
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mtrn |
Other Net
OtherNet
|
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Other Net
OtherNet
|
36000 | USD |
mtrn |
Other Net
OtherNet
|
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mtrn |
Payments To Develop Mine Sites
PaymentsToDevelopMineSites
|
337000 | USD | |
mtrn |
Payments To Develop Mine Sites
PaymentsToDevelopMineSites
|
10100000 | USD | |
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Revenue Value Added Sales
RevenueValueAddedSales
|
159566000 | USD |
mtrn |
Revenue Value Added Sales
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|
304427000 | USD | |
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Revenue Value Added Sales
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mtrn |
Revenue Value Added Sales
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mtrn |
Unearned Income
UnearnedIncome
|
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Unearned Income Noncurrent
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
|
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Accrual For Environmental Loss Contingencies
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Accrued Income Taxes Current
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|
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Accrued Income Taxes Current
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Accrued Income Taxes Noncurrent
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|
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Accrued Income Taxes Noncurrent
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Accrued Liabilities Current
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Accrued Liabilities Current
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|
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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|
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Accumulated Other Comprehensive Income Loss Before Tax1
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|
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Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
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Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
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Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
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Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Allocated Share Based Compensation Expense
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Amortization Of Financing Costs
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Amortization Of Intangible Assets
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Amortization Of Intangible Assets
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Amortization Of Intangible Assets
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Assets
Assets
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Assets
Assets
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Assets
Assets
|
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|
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Assets Current
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|
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Assets Fair Value Disclosure
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|
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents Period Increase Decrease
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|
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Cash And Cash Equivalents Period Increase Decrease
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|
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Common Stock Dividends Per Share Declared
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|
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Common Stock Dividends Per Share Declared
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Common Stock Dividends Per Share Declared
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Common Stock Value
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Common Stock Value
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Comprehensive Income Net Of Tax
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|
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Comprehensive Income Net Of Tax
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|
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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Cost Of Goods Sold
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|
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Cost Of Goods Sold
CostOfGoodsSold
|
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Cost Of Goods Sold
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Cost Of Goods Sold
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|
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Deferred Revenue Current
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|
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Deferred Revenue Current
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Deferred Tax Assets Net Current
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|
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Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
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Deferred Tax Assets Net Noncurrent
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|
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Deferred Tax Assets Net Noncurrent
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|
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Deferred Tax Liabilities Noncurrent
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|
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Deferred Tax Liabilities Noncurrent
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|
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us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
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Depreciation Depletion And Amortization
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|
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Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
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|
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Earnings Per Share Basic
EarningsPerShareBasic
|
0.48 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.84 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.44 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.92 | ||
CY2014Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.47 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.82 | ||
CY2015Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.43 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.90 | ||
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
105000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-479000 | USD | |
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Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
|
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us-gaap |
Effect Of Lifo Inventory Liquidation On Income
EffectOfLIFOInventoryLiquidationOnIncome
|
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Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.282 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
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|
0.287 | ||
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Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.271 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.281 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
109000 | USD | |
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Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
0 | USD | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
18559000 | USD |
CY2015Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
15717000 | USD |
CY2014Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-423000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-475000 | USD | |
CY2015Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1729000 | USD |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
3313000 | USD | |
CY2014Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-27000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
2610000 | USD | |
CY2015Q3 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-234000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-308000 | USD | |
CY2014Q2 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
0 | USD |
us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
0 | USD | |
CY2015Q3 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
1325000 | USD |
us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
1325000 | USD | |
CY2014Q2 | us-gaap |
Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
|
6750000 | USD |
us-gaap |
Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
|
6750000 | USD | |
CY2015Q3 | us-gaap |
Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
|
0 | USD |
us-gaap |
Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
|
3800000 | USD | |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
86725000 | USD |
CY2015Q3 | us-gaap |
Goodwill
Goodwill
|
86725000 | USD |
CY2014Q2 | us-gaap |
Gross Profit
GrossProfit
|
49801000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
95263000 | USD | |
CY2015Q3 | us-gaap |
Gross Profit
GrossProfit
|
51327000 | USD |
us-gaap |
Gross Profit
GrossProfit
|
103682000 | USD | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
13896000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
24254000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
12171000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
25738000 | USD | |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3922000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6949000 | USD | |
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3293000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7231000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8965000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-16882000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
8680000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4622000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-58000 | USD | |
us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-2177000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
1637000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-283000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
16559000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2150000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-11419000 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-1801000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2658000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4037000 | USD | |
CY2014Q2 | us-gaap |
Interest Expense
InterestExpense
|
672000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
1367000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
650000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
1307000 | USD | |
CY2014Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
37473000 | USD |
CY2015Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
40496000 | USD |
CY2014Q4 | us-gaap |
Inventory Net
InventoryNet
|
232409000 | USD |
CY2015Q3 | us-gaap |
Inventory Net
InventoryNet
|
229232000 | USD |
CY2014Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
39559000 | USD |
CY2015Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
35536000 | USD |
CY2014Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
155377000 | USD |
CY2015Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
153200000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
762069000 | USD |
CY2015Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
779262000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
104066000 | USD |
CY2015Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
94094000 | USD |
CY2015Q3 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2645000 | USD |
CY2014Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
23613000 | USD |
CY2015Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
41213000 | USD |
CY2015Q3 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
2 | claim |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6856000 | USD | |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
14568000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13561000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10189000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-26646000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1484000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
21043000 | USD | |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9974000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
17305000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8878000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
18507000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
25621000 | USD | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
12821000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
27045000 | USD | |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
4781000 | USD |
CY2015Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
4985000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
210000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
14741000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
119000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
1199000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
714000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
16556000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
-41000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
597000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
80000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
87000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-1104000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-601000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
126000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
715000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
316000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1254000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
748000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
10727000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
114000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-51000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-542000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-9925000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-902000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1804000 | USD | |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-34000 | USD |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
5829000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-155000 | USD |
us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
648000 | USD | |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
18203000 | USD |
CY2015Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
18060000 | USD |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-3111000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-509000 | USD | |
CY2014Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-249000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-207000 | USD | |
CY2015Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
234000 | USD |
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
373000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
2000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2672000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2748000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3405000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3523000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
12859000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
16564000 | USD | |
CY2014Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
103891000 | USD |
CY2014Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
653000 | USD |
CY2015Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
3427000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
458133000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
471463000 | USD |
CY2015Q3 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
100782000 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
14953000 | USD |
CY2015Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
18992000 | USD |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
33170000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
51000000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
360000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
0 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-4886000 | USD | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
2346000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
3009000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
18000 | USD | |
CY2014Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
800671000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
811645000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
247588000 | USD |
CY2015Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
254276000 | USD |
CY2014Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-504000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-1815000 | USD | |
CY2015Q3 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
160000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
602000 | USD | |
us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
63500000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
328000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
404000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
15492000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
33110000 | USD | |
CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3443000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6230000 | USD | |
CY2015Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3586000 | USD |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
6934000 | USD | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
476277000 | USD |
CY2015Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
491262000 | USD |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
11221000 | USD |
us-gaap |
Revenues
Revenues
|
22540000 | USD | |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
16494000 | USD |
us-gaap |
Revenues
Revenues
|
34056000 | USD | |
CY2014Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
287965000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
546894000 | USD | |
CY2015Q3 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
276855000 | USD |
us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
566879000 | USD | |
CY2014Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
34685000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
65945000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
34884000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
71825000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3027000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2655000 | USD | |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
140938000 | USD |
CY2015Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
144185000 | USD |
CY2014Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
21001000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20983000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20461000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20453000 | shares | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20642000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20625000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20153000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20149000 | shares | |
us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Contingencies</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Materion Brush Inc., one of the Company's wholly owned subsidiaries, is a defendant from time to time in proceedings where the plaintiffs allege they have contracted chronic beryllium disease (CBD) or related ailments as a result of exposure to beryllium. The Company will record a reserve for CBD or other litigation when a loss from either settlement or verdict is probable and estimable. Claims filed by third-party plaintiffs may be covered by insurance subject to deductibles which vary based on when the exposure occurred. Reserves are recorded for asserted claims only and defense costs are expensed as incurred. There were </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> CBD cases outstanding as of the end of the second quarter of 2015, and the Company does not expect the resolution of these matters to have a material impact on the consolidated financial statements.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has an active environmental compliance program and records reserves for the probable cost of identified environmental remediation projects. The reserves are established based upon analyses conducted by the Company’s engineers and outside consultants and are adjusted from time to time based upon ongoing studies, the difference between actual and estimated costs, and other factors. The reserves may also be affected by rulings and negotiations with regulatory agencies. The undiscounted reserve balance was </font><font style="font-family:inherit;font-size:10pt;">$4.9 million</font><font style="font-family:inherit;font-size:10pt;"> at July 3, 2015 and </font><font style="font-family:inherit;font-size:10pt;">$4.9 million</font><font style="font-family:inherit;font-size:10pt;"> at December 31, 2014. Environmental projects tend to be long term, and the final actual remediation costs may differ from the amounts currently recorded.</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the second quarter and first six months of 2015, the Company recognized gains of </font><font style="font-family:inherit;font-size:10pt;">$1.3 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$5.1 million</font><font style="font-family:inherit;font-size:10pt;">, respectively, from settlement agreements on insurance claims regarding construction of the Company's beryllium pebble facility located in Elmore, Ohio. The Company recognized this benefit in Other-net in the Consolidated Statement of Income.</font></div></div> |