2023 Q1 Form 10-Q Financial Statement

#000110465723000065 Filed on May 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4
Revenue $442.5M $434.6M
YoY Change 14064.86%
Cost Of Revenue $351.2M $336.2M
YoY Change 7.15%
Gross Profit $91.34M $98.42M
YoY Change 32.44%
Gross Profit Margin 20.64% 22.65%
Selling, General & Admin $40.34M $45.77M
YoY Change 5.97%
% of Gross Profit 44.16% 46.51%
Research & Development $7.621M $6.881M
YoY Change 8.29%
% of Gross Profit 8.34% 6.99%
Depreciation & Amortization $15.09M $14.21M
YoY Change 5.95%
% of Gross Profit 16.52% 14.44%
Operating Expenses $47.96M $58.93M
YoY Change 18.93%
Operating Profit $36.94M $39.49M
YoY Change 86.64%
Interest Expense $7.502M -$6.971M
YoY Change -909.64%
% of Operating Profit 20.31% -17.65%
Other Income/Expense, Net $730.0K $1.738M
YoY Change 35.89%
Pretax Income $30.17M $33.35M
YoY Change 54.55%
Income Tax $4.580M $4.585M
% Of Pretax Income 15.18% 13.75%
Net Earnings $25.59M $28.76M
YoY Change 58.43%
Net Earnings / Revenue 5.78% 6.62%
Basic Earnings Per Share $1.24
Diluted Earnings Per Share $1.23 $1.39
COMMON SHARES
Basic Shares Outstanding 20.54M shares
Diluted Shares Outstanding 20.89M shares

Balance Sheet

Concept 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.24M $13.10M
YoY Change -27.25%
Cash & Equivalents $15.24M $13.10M
Short-Term Investments
Other Short-Term Assets $42.13M $39.06M
YoY Change 8.07%
Inventory $434.5M $423.1M
Prepaid Expenses
Receivables $208.0M $215.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $699.9M $690.4M
YoY Change 10.08%
LONG-TERM ASSETS
Property, Plant & Equipment $469.6M $448.8M
YoY Change 9.73%
Goodwill $320.3M $319.5M
YoY Change 0.28%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $22.18M $22.54M
YoY Change -17.66%
Total Long-Term Assets $1.018B $1.002B
YoY Change 2.17%
TOTAL ASSETS
Total Short-Term Assets $699.9M $690.4M
Total Long-Term Assets $1.018B $1.002B
Total Assets $1.718B $1.692B
YoY Change 5.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $126.9M $107.9M
YoY Change 25.11%
Accrued Expenses $44.19M $54.99M
YoY Change 3.01%
Deferred Revenue
YoY Change
Short-Term Debt $27.73M $21.11M
YoY Change 37.41%
Long-Term Debt Due $27.73M $21.11M
YoY Change 37.41%
Total Short-Term Liabilities $245.8M $239.0M
YoY Change 16.85%
LONG-TERM LIABILITIES
Long-Term Debt $405.5M $410.9M
YoY Change -5.41%
Other Long-Term Liabilities $14.26M $12.18M
YoY Change -18.54%
Total Long-Term Liabilities $419.7M $423.1M
YoY Change -5.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $245.8M $239.0M
Total Long-Term Liabilities $419.7M $423.1M
Total Liabilities $665.6M $662.0M
YoY Change 1.25%
SHAREHOLDERS EQUITY
Retained Earnings $792.4M $769.4M
YoY Change 10.91%
Common Stock $297.8M $288.1M
YoY Change 5.93%
Preferred Stock
YoY Change
Treasury Stock (at cost) $231.9M $220.9M
YoY Change 5.21%
Treasury Stock Shares 6.605M shares
Shareholders Equity $822.0M $800.0M
YoY Change
Total Liabilities & Shareholders Equity $1.718B $1.692B
YoY Change 5.26%

Cashflow Statement

Concept 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income $25.59M $28.76M
YoY Change 58.43%
Depreciation, Depletion And Amortization $15.09M $14.21M
YoY Change 5.95%
Cash From Operating Activities $38.11M $81.75M
YoY Change -2404.88%
INVESTING ACTIVITIES
Capital Expenditures $30.01M $23.37M
YoY Change -217.28%
Acquisitions
YoY Change
Other Investing Activities $212.0K $23.00K
YoY Change -72.29%
Cash From Investing Activities -$29.80M -$23.35M
YoY Change 17.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.907M
YoY Change
Cash From Financing Activities -$6.291M -66.91M
YoY Change -487.71%
NET CHANGE
Cash From Operating Activities $38.11M 81.75M
Cash From Investing Activities -$29.80M -23.35M
Cash From Financing Activities -$6.291M -66.91M
Net Change In Cash $2.142M -8.502M
YoY Change 38.58%
FREE CASH FLOW
Cash From Operating Activities $38.11M $81.75M
Capital Expenditures $30.01M $23.37M
Free Cash Flow $8.091M $58.38M
YoY Change 256.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001104657
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
001-15885
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
MATERION CORPORATION
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
OH
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
34-1919973
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
6070 Parkland Blvd
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Mayfield Heights
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
44124
CY2023Q1 dei City Area Code
CityAreaCode
216
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
486-4200
CY2023Q1 dei Security12b Title
Security12bTitle
Common Stock, no par value
CY2023Q1 dei Trading Symbol
TradingSymbol
MTRN
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
20608704 shares
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
442526000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
449045000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
351190000 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
373754000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
91336000 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
75291000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
40336000 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
41662000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7621000 usd
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7074000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
664000 usd
CY2022Q2 us-gaap Restructuring Charges
RestructuringCharges
1076000 usd
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5775000 usd
CY2022Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5873000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
36940000 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
19606000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
730000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1169000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
7502000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
3735000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30168000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17040000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4580000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3021000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14019000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20566000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20464000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20887000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20724000 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14019000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2689000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2047000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-2339000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2270000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
67000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
240000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
283000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
25871000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14002000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15243000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13101000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
207998000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
215211000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
434485000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
423080000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
42128000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
39056000 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
699854000 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
690448000 usd
CY2023Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3335000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
3265000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1198350000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1209205000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
728788000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
760440000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
469562000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
448765000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
62352000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
64249000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
140430000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
143219000 usd
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
22183000 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
22535000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
320268000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
319498000 usd
CY2023Q1 us-gaap Assets
Assets
1717984000 usd
CY2022Q4 us-gaap Assets
Assets
1691979000 usd
CY2023Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
27727000 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
21105000 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
126866000 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
107899000 usd
CY2023Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
22077000 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
35543000 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
44186000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
54993000 usd
CY2023Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
4669000 usd
CY2022Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3928000 usd
CY2023Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
20292000 usd
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
15496000 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
245817000 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
238964000 usd
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14255000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
12181000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
57424000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
59055000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
14068000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
13876000 usd
CY2023Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
20738000 usd
CY2022Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
20422000 usd
CY2023Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
109883000 usd
CY2022Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
107736000 usd
CY2023Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
812000 usd
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
665000 usd
CY2023Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
27511000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
28214000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
405482000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
410876000 usd
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
60000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27148000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27148000 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
297802000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
288100000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
792421000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
769418000 usd
CY2023Q1 us-gaap Treasury Stock Value
TreasuryStockValue
231906000 usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
220864000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41626000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41909000 usd
CY2023Q1 us-gaap Other Additional Capital
OtherAdditionalCapital
5303000 usd
CY2022Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
5245000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
821994000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
799990000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1717984000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1691979000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14019000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15092000 usd
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13179000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
424000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
511000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2250000 usd
CY2022Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1699000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
52000 usd
CY2022Q2 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-401000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7538000 usd
CY2022Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15045000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12081000 usd
CY2022Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
28129000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2865000 usd
CY2022Q2 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1904000 usd
CY2022Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4177000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
254000 usd
CY2022Q2 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-343000 usd
CY2023Q1 mtrn Increase Decrease In Interest And Taxes Payable
IncreaseDecreaseInInterestAndTaxesPayable
657000 usd
CY2022Q2 mtrn Increase Decrease In Interest And Taxes Payable
IncreaseDecreaseInInterestAndTaxesPayable
1874000 usd
CY2023Q1 us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
7724000 usd
CY2022Q2 us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
0 usd
CY2023Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-4520000 usd
CY2022Q2 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1712000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
38105000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-14304000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30014000 usd
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
18977000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
212000 usd
CY2022Q2 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
11000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-29802000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-18966000 usd
CY2023Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
4600000 usd
CY2022Q2 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
49067000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3907000 usd
CY2022Q2 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3839000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
799000 usd
CY2022Q2 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
686000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2571000 usd
CY2022Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2520000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3614000 usd
CY2022Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2717000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6291000 usd
CY2022Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
39305000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
130000 usd
CY2022Q2 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-260000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2142000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5775000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13101000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14462000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15243000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20237000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
799990000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
283000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.125
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2571000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2250000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3614000 usd
CY2023Q1 mtrn Stock Issued During Period Value Directors Deferred Compensation
StockIssuedDuringPeriodValueDirectorsDeferredCompensation
68000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
821994000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
720440000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14019000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-17000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.12
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2520000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1699000 usd
CY2022Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2717000 usd
CY2022Q2 mtrn Stock Issued During Period Value Directors Deferred Compensation
StockIssuedDuringPeriodValueDirectorsDeferredCompensation
60000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
730964000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
442526000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
449045000 usd
CY2023Q1 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
52762000 usd
CY2022Q2 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
33954000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4580000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3021000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
7502000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
3735000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15092000 usd
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13179000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14019000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
442526000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
449045000 usd
CY2023Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
70100000 usd
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7500000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3121000 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3131000 usd
CY2023Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2929000 usd
CY2022Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3011000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
208000 usd
CY2022Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
333000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-5000 usd
CY2022Q2 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
11000 usd
CY2023Q1 mtrn Other Net
OtherNet
-72000 usd
CY2022Q2 mtrn Other Net
OtherNet
75000 usd
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5775000 usd
CY2022Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5873000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.152
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.177
CY2023Q1 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-500000 usd
CY2022Q2 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-100000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
14019000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20566000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20464000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
321000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
260000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20887000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20724000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2023Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
116404000 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
113694000 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
250920000 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
249105000 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
67161000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
60281000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
434485000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
423080000 usd
CY2023Q1 us-gaap Notional Amount Of Nonderivative Instruments
NotionalAmountOfNonderivativeInstruments
367500000 usd
CY2022 us-gaap Notional Amount Of Nonderivative Instruments
NotionalAmountOfNonderivativeInstruments
373100000 usd
CY2022Q2 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
797000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-99000 usd
CY2023 us-gaap Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
29700000 usd
CY2023Q1 us-gaap Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
7700000 usd
CY2023Q1 us-gaap Deferred Income
DeferredIncome
89000000 usd
CY2022Q4 us-gaap Deferred Income
DeferredIncome
85900000 usd
CY2023Q1 us-gaap Deferred Revenue
DeferredRevenue
5100000 usd
CY2022Q2 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 usd
CY2023Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 usd
CY2023Q1 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
444000 usd
CY2023Q1 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
1130000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-686000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-969000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
283000 usd
CY2022Q2 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
698000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-82000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-17000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2400000 usd
CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1800000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
22200000 usd
CY2023Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
3860000 usd
CY2022Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
3001000 usd
CY2023Q1 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
385000 usd
CY2022Q4 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
1291000 usd
CY2023Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
11551000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
12273000 usd
CY2023Q1 us-gaap Liabilities Related To Investment Contracts Fair Value Disclosure
LiabilitiesRelatedToInvestmentContractsFairValueDisclosure
3860000 usd
CY2022Q4 us-gaap Liabilities Related To Investment Contracts Fair Value Disclosure
LiabilitiesRelatedToInvestmentContractsFairValueDisclosure
3001000 usd
CY2023Q1 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
741000 usd
CY2022Q4 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
1757000 usd
CY2023Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
7272000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
5169000 usd
CY2023Q1 mtrn Foreign Currency Gain Loss Related To Derivatives
ForeignCurrencyGainLossRelatedToDerivatives
200000 usd
CY2022Q2 mtrn Foreign Currency Gain Loss Related To Derivatives
ForeignCurrencyGainLossRelatedToDerivatives
700000 usd
CY2023Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
2700000 usd
CY2023Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-792000 usd
CY2022Q2 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
203000 usd
CY2022Q2 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
1 claim
CY2023Q1 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
4400000 usd
CY2022Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
4500000 usd
CY2023Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
145155000 usd
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
143250000 usd
CY2023Q1 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
281250000 usd
CY2022Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
285000000 usd
CY2023Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
10366000 usd
CY2022Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
7541000 usd
CY2023Q1 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
436771000 usd
CY2022Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
435791000 usd
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
27727000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
21105000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
409044000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
414686000 usd
CY2023Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
3562000 usd
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
3810000 usd
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
405482000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
410876000 usd
CY2023Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
145200000 usd
CY2023Q1 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0642
CY2022Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
143300000 usd
CY2022Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
LineOfCreditFacilityInterestRateAtPeriodEnd
0.0608
CY2023Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
186800000 usd
CY2023Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
281300000 usd
CY2022Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
285000000 usd

Files In Submission

Name View Source Status
mtrn-20230331_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
mtrn-20230331_def.xml Edgar Link unprocessable
0001104657-23-000065-index-headers.html Edgar Link pending
0001104657-23-000065-index.html Edgar Link pending
0001104657-23-000065.txt Edgar Link pending
0001104657-23-000065-xbrl.zip Edgar Link pending
ex101materionandsubsidiari.htm Edgar Link pending
ex102formof2023performance.htm Edgar Link pending
ex103formof2023restricteds.htm Edgar Link pending
ex104formof2023appreciatio.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image_1.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
mtrn-20230331.htm Edgar Link pending
mtrn-20230331.xsd Edgar Link pending
mtrn-ex311_2023q110q.htm Edgar Link pending
mtrn-ex312_2023q110q.htm Edgar Link pending
mtrn-ex32_2023q110q.htm Edgar Link pending
mtrn-ex95_2023q110q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
mtrn-20230331_pre.xml Edgar Link unprocessable
mtrn-20230331_lab.xml Edgar Link unprocessable
mtrn-20230331_htm.xml Edgar Link completed
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending