2016 Q2 Form 10-Q Financial Statement
#000110465716000176 Filed on April 29, 2016
Income Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
Revenue | $15.24M | $17.56M |
YoY Change | -13.23% | 56.51% |
Cost Of Revenue | $192.2M | $237.7M |
YoY Change | -19.15% | -0.21% |
Gross Profit | $43.36M | $52.36M |
YoY Change | -17.19% | 5.13% |
Gross Profit Margin | 284.53% | 298.12% |
Selling, General & Admin | $30.49M | $37.93M |
YoY Change | -19.63% | 9.36% |
% of Gross Profit | 70.32% | 72.45% |
Research & Development | $3.452M | $3.348M |
YoY Change | 3.11% | -2.76% |
% of Gross Profit | 7.96% | 6.39% |
Depreciation & Amortization | $11.31M | $11.91M |
YoY Change | -5.05% | 19.09% |
% of Gross Profit | 26.08% | 22.75% |
Operating Expenses | $33.94M | $41.28M |
YoY Change | -17.79% | 8.27% |
Operating Profit | $7.532M | $13.23M |
YoY Change | -43.08% | -9.17% |
Interest Expense | $415.0K | $657.0K |
YoY Change | -36.83% | -2.23% |
% of Operating Profit | 5.51% | 4.97% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $7.117M | $12.58M |
YoY Change | -43.4% | -9.51% |
Income Tax | $1.749M | $3.591M |
% Of Pretax Income | 24.57% | 28.56% |
Net Earnings | $5.368M | $8.984M |
YoY Change | -40.25% | -5.54% |
Net Earnings / Revenue | 35.23% | 51.16% |
Basic Earnings Per Share | $0.27 | $0.45 |
Diluted Earnings Per Share | $0.27 | $0.44 |
COMMON SHARES | ||
Basic Shares Outstanding | 20.02M shares | 20.14M shares |
Diluted Shares Outstanding | 20.23M shares | 20.49M shares |
Balance Sheet
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $18.90M | $21.90M |
YoY Change | -13.7% | 20.99% |
Cash & Equivalents | $18.87M | $21.94M |
Short-Term Investments | ||
Other Short-Term Assets | $12.90M | $30.50M |
YoY Change | -57.7% | 13.38% |
Inventory | $213.2M | $237.0M |
Prepaid Expenses | ||
Receivables | $112.9M | $117.1M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $357.9M | $406.6M |
YoY Change | -11.99% | -3.56% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $267.3M | $248.4M |
YoY Change | 7.63% | -1.47% |
Goodwill | $86.73M | $86.73M |
YoY Change | 0.0% | -2.28% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $5.996M | $4.868M |
YoY Change | 23.17% | 0.35% |
Total Long-Term Assets | $399.2M | $374.5M |
YoY Change | 6.57% | 1.44% |
TOTAL ASSETS | ||
Total Short-Term Assets | $357.9M | $406.6M |
Total Long-Term Assets | $399.2M | $374.5M |
Total Assets | $757.0M | $781.1M |
YoY Change | -3.09% | -1.23% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $32.62M | $38.05M |
YoY Change | -14.28% | 15.46% |
Accrued Expenses | $21.09M | $41.17M |
YoY Change | -48.78% | -13.93% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $23.11M | $667.0K |
YoY Change | 3364.62% | -98.0% |
Long-Term Debt Due | $23.10M | $700.0K |
YoY Change | 3200.0% | -97.9% |
Total Short-Term Liabilities | $100.1M | $94.50M |
YoY Change | 5.89% | -23.35% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $14.05M | $50.79M |
YoY Change | -72.33% | 8.18% |
Other Long-Term Liabilities | $18.24M | $17.85M |
YoY Change | 2.17% | 9.85% |
Total Long-Term Liabilities | $32.29M | $68.64M |
YoY Change | -52.95% | 8.61% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $100.1M | $94.50M |
Total Long-Term Liabilities | $32.29M | $68.64M |
Total Liabilities | $132.4M | $163.1M |
YoY Change | -18.87% | -12.52% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $503.2M | $484.2M |
YoY Change | 3.93% | 6.33% |
Common Stock | $210.2M | $201.8M |
YoY Change | 4.13% | 0.88% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $150.1M | $141.7M |
YoY Change | 5.94% | 16.83% |
Treasury Stock Shares | ||
Shareholders Equity | $488.1M | $464.9M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $757.0M | $781.1M |
YoY Change | -3.09% | -1.23% |
Cashflow Statement
Concept | 2016 Q2 | 2015 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $5.368M | $8.984M |
YoY Change | -40.25% | -5.54% |
Depreciation, Depletion And Amortization | $11.31M | $11.91M |
YoY Change | -5.05% | 19.09% |
Cash From Operating Activities | -$16.68M | -$4.067M |
YoY Change | 310.03% | -118.74% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $5.714M | $7.196M |
YoY Change | -20.59% | -205.82% |
Acquisitions | $0.00 | |
YoY Change | ||
Other Investing Activities | -$4.000M | -$3.700M |
YoY Change | 8.11% | 1750.0% |
Cash From Investing Activities | -$9.744M | -$10.94M |
YoY Change | -10.96% | 56.34% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $462.0K | $768.0K |
YoY Change | -39.84% | |
Debt Paid & Issued, Net | $227.0K | $13.93M |
YoY Change | -98.37% | |
Cash From Financing Activities | $20.60M | $24.48M |
YoY Change | -15.84% | -253.97% |
NET CHANGE | ||
Cash From Operating Activities | -$16.68M | -$4.067M |
Cash From Investing Activities | -$9.744M | -$10.94M |
Cash From Financing Activities | $20.60M | $24.48M |
Net Change In Cash | -$5.816M | $9.470M |
YoY Change | -161.41% | -889.17% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$16.68M | -$4.067M |
Capital Expenditures | $5.714M | $7.196M |
Free Cash Flow | -$22.39M | -$11.26M |
YoY Change | 98.79% | -139.52% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q2 | dei |
Amendment Flag
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|
false | |
CY2016Q2 | dei |
Current Fiscal Year End Date
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|
--12-31 | |
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Document Fiscal Period Focus
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|
Q1 | |
CY2016Q2 | dei |
Document Fiscal Year Focus
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|
2016 | |
CY2016Q2 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-04-01 | |
CY2016Q2 | dei |
Document Type
DocumentType
|
10-Q | |
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Entity Central Index Key
EntityCentralIndexKey
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Entity Common Stock Shares Outstanding
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Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2016Q2 | dei |
Entity Registrant Name
EntityRegistrantName
|
MATERION Corp | |
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Trading Symbol
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|
MTRN | |
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Depreciation Expense Offset By Government Reimbursement
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Increase Decrease In Interest And Taxes Payable
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|
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Increase Decrease In Interest And Taxes Payable
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1009000 | USD |
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Metal Consignment Fees
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|
2035000 | USD |
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Metal Consignment Fees
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|
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Numberof Cb Dcasesonappeal
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Other Net
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Revenue Value Added Sales
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Accrual For Environmental Loss Contingencies
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Accrual For Environmental Loss Contingencies Significant Assumptions
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|
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. | |
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|
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|
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|
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Gain On Business Interruption Insurance Recovery
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|
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|
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Goodwill
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|
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Gross Profit
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|
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Gross Profit
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|
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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|
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Income Tax Expense Benefit
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|
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Income Tax Expense Benefit
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|
1749000 | USD |
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Increase Decrease In Accounts Payable And Accrued Liabilities
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|
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|
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|
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Increase Decrease In Accounts Receivable
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|
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Increase Decrease In Deferred Income Taxes
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|
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Increase Decrease In Deferred Income Taxes
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|
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Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
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CY2016Q2 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
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CY2015Q2 | us-gaap |
Increase Decrease In Inventories
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|
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CY2016Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
527000 | USD |
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Increase Decrease In Other Noncurrent Liabilities
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|
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CY2016Q2 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-2920000 | USD |
CY2015Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2480000 | USD |
CY2016Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
7000 | USD |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
657000 | USD |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
415000 | USD |
CY2015Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
38135000 | USD |
CY2016Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
40791000 | USD |
CY2015Q4 | us-gaap |
Inventory Gross
InventoryGross
|
256056000 | USD |
CY2016Q2 | us-gaap |
Inventory Gross
InventoryGross
|
256085000 | USD |
CY2015Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
44236000 | USD |
CY2016Q2 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
42867000 | USD |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
211820000 | USD |
CY2016Q2 | us-gaap |
Inventory Net
InventoryNet
|
213218000 | USD |
CY2015Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
37463000 | USD |
CY2016Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
37443000 | USD |
CY2015Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
180458000 | USD |
CY2016Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
177851000 | USD |
CY2015Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
2524000 | USD |
CY2016Q2 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1739000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
742293000 | USD |
CY2016Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
757016000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
96475000 | USD |
CY2016Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
100067000 | USD |
CY2015Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2704000 | USD |
CY2016Q2 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2925000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4276000 | USD |
CY2016Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
14052000 | USD |
CY2016Q2 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
1 | claim |
CY2015Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
24481000 | USD |
CY2016Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
21372000 | USD |
CY2015Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10944000 | USD |
CY2016Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9744000 | USD |
CY2015Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4067000 | USD |
CY2016Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17444000 | USD |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8984000 | USD |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5368000 | USD |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
13232000 | USD |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7532000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
6716000 | USD |
CY2016Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5996000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
1080000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
-259000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
638000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
|
830000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
503000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-923000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1570000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1284000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-165000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1936000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-902000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1575000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
803000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
-1106000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-2600000 | USD |
CY2016Q2 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
1500000 | USD |
CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
18435000 | USD |
CY2016Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
18241000 | USD |
CY2015Q2 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-395000 | USD |
CY2016Q2 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-847000 | USD |
CY2015Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
2158000 | USD |
CY2016Q2 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1886000 | USD |
CY2015Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
768000 | USD |
CY2016Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
462000 | USD |
CY2015Q2 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1708000 | USD |
CY2016Q2 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1801000 | USD |
CY2015Q2 | us-gaap |
Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
|
3748000 | USD |
CY2016Q2 | us-gaap |
Payments To Acquire Mining Assets
PaymentsToAcquireMiningAssets
|
4782000 | USD |
CY2015Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7196000 | USD |
CY2016Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5714000 | USD |
CY2015Q4 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
92794000 | USD |
CY2016Q2 | us-gaap |
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
90298000 | USD |
CY2015Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
12799000 | USD |
CY2016Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
12855000 | USD |
CY2015Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
41103000 | USD |
CY2016Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
10000000 | USD |
CY2015Q2 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
13000 | USD |
CY2016Q2 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
14103000 | USD |
CY2015Q2 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD |
CY2016Q2 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
752000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
833834000 | USD |
CY2016Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
848495000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
263629000 | USD |
CY2016Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
267295000 | USD |
CY2015Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
442000 | USD |
CY2016Q2 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
-1089000 | USD |
CY2016Q2 | us-gaap |
Reimbursement Revenue
ReimbursementRevenue
|
63500000 | USD |
CY2015Q2 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
230000 | USD |
CY2016Q2 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
241000 | USD |
CY2015Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
13929000 | USD |
CY2016Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
227000 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3348000 | USD |
CY2016Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3452000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
499659000 | USD |
CY2016Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
503226000 | USD |
CY2015Q2 | us-gaap |
Revenues
Revenues
|
17562000 | USD |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
15238000 | USD |
CY2015Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
290024000 | USD |
CY2016Q2 | us-gaap |
Sales Revenue Goods Net
SalesRevenueGoodsNet
|
235511000 | USD |
CY2015Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
37933000 | USD |
CY2016Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
30487000 | USD |
CY2015Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2282000 | USD |
CY2016Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
888000 | USD |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.014 | |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.380 | |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0125 | |
CY2016Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y8M | |
CY2015Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
8990000 | USD |
CY2016Q2 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
23109000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
482957000 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
488147000 | USD |
CY2015Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
148559000 | USD |
CY2016Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
150137000 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
345000 | shares |
CY2016Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
210000 | shares |
CY2015Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20489000 | shares |
CY2016Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
20228000 | shares |
CY2015Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20144000 | shares |
CY2016Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20018000 | shares |
CY2016Q2 | 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. </font><font style="font-family:inherit;font-size:10pt;">One</font><font style="font-family:inherit;font-size:10pt;"> CBD case remains outstanding and </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> case is on appeal as of the end of the </font><font style="font-family:inherit;font-size:10pt;">first</font><font style="font-family:inherit;font-size:10pt;"> quarter of </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;">, 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. </font><font style="font-family:inherit;font-size:10pt;">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.</font><font style="font-family:inherit;font-size:10pt;"> The undiscounted reserve balance was </font><font style="font-family:inherit;font-size:10pt;">$5.7 million</font><font style="font-family:inherit;font-size:10pt;"> at both </font><font style="font-family:inherit;font-size:10pt;">April 1, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">. Environmental projects tend to be long term, and the final actual remediation costs may differ from the amounts currently recorded.</font></div></div> |