$MTRN
Materion Corp Stock $mtrn

$mtrn Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000110465724000019 Filed on February 15, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023
Revenue	$385.3M	$421.0M	$1.665B
YoY Change	-12.93%	-3.11%	-5.23%
Cost Of Revenue	$314.1M	$341.3M	$1.316B
YoY Change	-10.57%	1.54%	-6.87%
Gross Profit	$71.21M	$79.72M	$349.0M
YoY Change	-22.03%	-19.0%	1.5%
Gross Profit Margin	18.48%	18.93%	20.96%
Selling, General & Admin	$35.84M	$39.86M	$157.9M
YoY Change	-11.14%	-12.92%	-6.75%
% of Gross Profit	50.33%	50.0%	45.24%
Research & Development	$7.142M	$6.442M	$27.54M
YoY Change	-6.29%	-6.38%	-4.96%
% of Gross Profit	10.03%	8.08%	7.89%
Depreciation & Amortization	$16.18M	$15.14M	$61.64M
YoY Change	7.24%	6.55%	15.36%
% of Gross Profit	22.73%	19.0%	17.66%
Operating Expenses	$47.34M	$51.45M	$185.5M
YoY Change	-1.28%	-12.7%	-6.49%
Operating Profit	$23.87M	$28.27M	$136.4M
YoY Change	-35.38%	-28.42%	13.94%
Interest Expense	-$8.279M	-$8.503M	-$31.32M
YoY Change	-210.36%	21.98%	47.57%
% of Operating Profit	-34.69%	-30.08%	-22.96%
Other Income/Expense, Net	$643.0K	$569.0K	$2.710M
YoY Change	-11.92%	-67.26%	-48.38%
Pretax Income	$14.61M	$19.71M	$107.8M
YoY Change	-51.56%	-40.91%	4.59%
Income Tax	$1.204M	$238.0K	$12.13M
% Of Pretax Income	8.24%	1.21%	11.25%
Net Earnings	$13.41M	$19.47M	$95.70M
YoY Change	-47.6%	-32.32%	11.29%
Net Earnings / Revenue	3.48%	4.62%	5.75%
Basic Earnings Per Share	$0.65		$4.64
Diluted Earnings Per Share	$0.64	$0.93	$4.58
COMMON SHARES
Basic Shares Outstanding	20.65M shares		20.62M shares
Diluted Shares Outstanding	20.97M shares		20.91M shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.10M	$13.29M	$13.29M
YoY Change	-14.03%	1.47%	1.47%
Cash & Equivalents	$13.10M	$13.29M	$13.29M
Short-Term Investments
Other Short-Term Assets	$71.75M	$61.74M	$61.74M
YoY Change	70.31%	58.09%	58.09%
Inventory	$466.6M	$441.6M	$441.6M
Prepaid Expenses
Receivables	$188.3M	$192.7M	$192.7M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$739.7M	$709.4M	$709.4M
YoY Change	5.69%	2.74%	2.74%
LONG-TERM ASSETS
Property, Plant & Equipment	$586.5M	$514.7M	$572.3M
YoY Change	24.9%	14.69%	11.56%
Goodwill	$319.9M	$320.9M
YoY Change	-0.1%	0.43%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$29.98M	$21.66M	$26.57M
YoY Change	35.16%	-3.87%	2.99%
Total Long-Term Assets	$1.065B	$1.053B	$1.053B
YoY Change	4.65%	5.17%	5.17%
TOTAL ASSETS
Total Short-Term Assets	$739.7M	$709.4M	$709.4M
Total Long-Term Assets	$1.065B	$1.053B	$1.053B
Total Assets	$1.805B	$1.763B	$1.763B
YoY Change	5.08%	4.18%	4.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$134.5M	$125.7M	$125.7M
YoY Change	6.05%	16.46%	16.46%
Accrued Expenses	$16.03M	$45.77M	$25.91M
YoY Change	-63.72%	-16.77%	-41.03%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$38.60M	$0.00
YoY Change	-100.0%	82.88%
Long-Term Debt Due	$46.57M	$38.60M	$38.60M
YoY Change	67.96%	82.88%	70.86%
Total Short-Term Liabilities	$254.6M	$255.0M	$255.0M
YoY Change	3.58%	6.71%	6.71%
LONG-TERM LIABILITIES
Long-Term Debt	$442.0M	$387.6M	$401.3M
YoY Change	8.99%	-5.67%	-5.52%
Other Long-Term Liabilities	$198.3M	$13.30M	$201.2M
YoY Change	1290.99%	9.19%	0.59%
Total Long-Term Liabilities	$640.2M	$400.9M	$602.6M
YoY Change	52.53%	-5.24%	-3.56%
TOTAL LIABILITIES
Total Short-Term Liabilities	$254.6M	$255.0M	$255.0M
Total Long-Term Liabilities	$640.2M	$400.9M	$602.6M
Total Liabilities	$915.3M	$655.9M	$877.7M
YoY Change	37.52%	-0.93%	-1.6%
SHAREHOLDERS EQUITY
Retained Earnings	$865.0M	$854.3M
YoY Change	9.16%	11.04%
Common Stock		$309.5M
YoY Change		7.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$256.3M	$237.7M
YoY Change	10.51%	7.64%
Treasury Stock Shares
Shareholders Equity	$889.9M	$885.1M	$885.1M
YoY Change
Total Liabilities & Shareholders Equity	$1.805B	$1.763B	$1.763B
YoY Change	5.08%	4.18%	4.18%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	$13.41M	$19.47M	$95.70M
YoY Change	-47.6%	-32.32%	11.29%
Depreciation, Depletion And Amortization	$16.18M	$15.14M	$61.64M
YoY Change	7.24%	6.55%	15.36%
Cash From Operating Activities	-$13.81M	$59.91M	$144.4M
YoY Change	-136.23%	-26.71%	24.54%
INVESTING ACTIVITIES
Capital Expenditures	$26.65M	$25.28M	$110.6M
YoY Change	-11.22%	8.15%	42.45%
Acquisitions			$0.00
YoY Change			-100.0%
Other Investing Activities	$348.0K	$254.0K	$654.0K
YoY Change	64.15%	1004.35%	-130.83%
Cash From Investing Activities	-$26.30M	-$25.02M	-$119.2M
YoY Change	-11.75%	7.17%	49.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$7.586M
YoY Change	94.16%
Cash From Financing Activities	40.30M	-38.55M	-$24.85M
YoY Change	-740.55%	-42.38%	-30.11%
NET CHANGE
Cash From Operating Activities	-13.81M	59.91M	$144.4M
Cash From Investing Activities	-26.30M	-25.02M	-$119.2M
Cash From Financing Activities	40.30M	-38.55M	-$24.85M
Net Change In Cash	193.0K	-3.658M	$193.0K
YoY Change	-90.99%	-56.97%	-114.18%
FREE CASH FLOW
Cash From Operating Activities	-$13.81M	$59.91M	$144.4M
Capital Expenditures	$26.65M	$25.28M	$110.6M
Free Cash Flow	-$40.45M	$34.64M	$33.86M
YoY Change	-599.96%	-40.67%	-11.7%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001104657
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2022Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q4	us-gaap	Operating Lease Liability Current Statement Of Financial Position Extensible List OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
CY2022Q4	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023Q4	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	1-15885
CY2023	dei	Entity Registrant Name EntityRegistrantName	MATERION CORPORATION
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OH
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	34-1919973
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	6070 Parkland Blvd
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Mayfield Heights
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	OH
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	44124
CY2023	dei	City Area Code CityAreaCode	216
CY2023	dei	Local Phone Number LocalPhoneNumber	486-4200
CY2023	dei	Security12b Title Security12bTitle	Common Stock, no par value
CY2023	dei	Trading Symbol TradingSymbol	MTRN
CY2023	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Entity Small Business EntitySmallBusiness	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	true
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	2356718449	usd
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20645977	shares
CY2023	dei	Auditor Firm AuditorFirmId	42
CY2023	dei	Auditor Name AuditorName	Ernst & Young LLP
CY2023	dei	Auditor Location AuditorLocation	Cleveland, Ohio
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1665187000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1757109000	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1510644000	usd
CY2023	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1316145000	usd
CY2022	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1413229000	usd
CY2021	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1226882000	usd
CY2023	us-gaap	Gross Profit GrossProfit	349042000	usd
CY2022	us-gaap	Gross Profit GrossProfit	343880000	usd
CY2021	us-gaap	Gross Profit GrossProfit	283762000	usd
CY2023	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	157911000	usd
CY2022	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	169338000	usd
CY2021	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	163777000	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	27540000	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	28977000	usd
CY2021	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	26575000	usd
CY2023	us-gaap	Restructuring Charges RestructuringCharges	3824000	usd
CY2022	us-gaap	Restructuring Charges RestructuringCharges	1573000	usd
CY2021	us-gaap	Restructuring Charges RestructuringCharges	-438000	usd
CY2022	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-24237000	usd
CY2021	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-16737000	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	77111000	usd
CY2023	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-31323000	usd
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-21905000	usd
CY2021	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-4901000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	107831000	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12129000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17110000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	95702000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	85990000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	72474000	usd
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.64
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.19
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.55
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.58
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.14
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.50
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20619000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20511000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20422000	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20911000	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20760000	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20689000	shares
CY2023	us-gaap	Net Income Loss NetIncomeLoss	95702000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	85990000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	72474000	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	5208000	usd
CY2022	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-5869000	usd
CY2021	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-6904000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent	-543000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent	1387000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent	482000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	-1817000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	4655000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent	1603000	usd
CY2023	us-gaap	Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent	-1208000	usd
CY2022	us-gaap	Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent	518000	usd
CY2021	us-gaap	Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent	1094000	usd
CY2023	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	8430000	usd
CY2022	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	526000	usd
CY2021	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent	-3771000	usd
CY2023	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5039000	usd
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1740000	usd
CY2021	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1530000	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	90663000	usd
CY2022	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	84250000	usd
CY2021	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	70944000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	95702000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	85990000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	72474000	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	61644000	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	53436000	usd
CY2021	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	44137000	usd
CY2023	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1712000	usd
CY2022	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1734000	usd
CY2021	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	967000	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	10092000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	8813000	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	6517000	usd
CY2023	mtrn	Amortization Of Retirement Benefit Adjustments AmortizationOfRetirementBenefitAdjustments	-1318000	usd
CY2022	mtrn	Amortization Of Retirement Benefit Adjustments AmortizationOfRetirementBenefitAdjustments	-146000	usd
CY2021	mtrn	Amortization Of Retirement Benefit Adjustments AmortizationOfRetirementBenefitAdjustments	437000	usd
CY2023	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-20000	usd
CY2022	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-14000	usd
CY2021	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	282000	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-7005000	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1733000	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-12957000	usd
CY2023	us-gaap	Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1 DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1	-142000	usd
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CY2021	us-gaap	Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1 DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1	0	usd
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CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4377000	usd
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	30490000	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	18700000	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	63986000	usd
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	43458000	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	22663000	usd
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1604000	usd
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3855000	usd
CY2023	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	6631000	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	12860000	usd
CY2021	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	40219000	usd
CY2023	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-17361000	usd
CY2022	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	207000	usd
CY2021	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	106000	usd
CY2023	mtrn	Increase Decrease In Interest And Taxes Payable IncreaseDecreaseInInterestAndTaxesPayable	3771000	usd
CY2022	mtrn	Increase Decrease In Interest And Taxes Payable IncreaseDecreaseInInterestAndTaxesPayable	154000	usd
CY2021	mtrn	Increase Decrease In Interest And Taxes Payable IncreaseDecreaseInInterestAndTaxesPayable	-220000	usd
CY2023	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	16676000	usd
CY2022	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	21942000	usd
CY2021	us-gaap	Increase Decrease In Other Deferred Liability IncreaseDecreaseInOtherDeferredLiability	13752000	usd
CY2023	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-8288000	usd
CY2022	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-261000	usd
CY2021	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	2894000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	144414000	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	115958000	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	90241000	usd
CY2023	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2022	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	2971000	usd
CY2021	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	392240000	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	110550000	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	77608000	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	102910000	usd
CY2023	mtrn	Payments For Mine Development PaymentsForMineDevelopment	9326000	usd
CY2022	mtrn	Payments For Mine Development PaymentsForMineDevelopment	0	usd
CY2021	mtrn	Payments For Mine Development PaymentsForMineDevelopment	0	usd
CY2023	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	654000	usd
CY2022	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	850000	usd
CY2021	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	881000	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-119222000	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-79729000	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-494269000	usd
CY2023	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	8065000	usd
CY2022	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	230000	usd
CY2021	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	118297000	usd
CY2023	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	0	usd
CY2022	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	0	usd
CY2021	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	300000000	usd
CY2023	us-gaap	Repayments Of Debt RepaymentsOfDebt	15415000	usd
CY2022	us-gaap	Repayments Of Debt RepaymentsOfDebt	19299000	usd
CY2021	us-gaap	Repayments Of Debt RepaymentsOfDebt	2054000	usd
CY2023	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1645000	usd
CY2022	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	2736000	usd
CY2021	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	2819000	usd
CY2023	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	10621000	usd
CY2022	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	10160000	usd
CY2021	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9697000	usd
CY2023	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2022	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2021	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	7403000	usd
CY2023	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	5234000	usd
CY2022	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3593000	usd
CY2021	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3318000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-24850000	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-35558000	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	393006000	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-149000	usd
CY2022	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-2032000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	193000	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
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13294000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13101000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	192747000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	215211000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	441597000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	423080000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	61744000	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	39056000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	709382000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	690448000	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	4908000	usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	3265000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	1281622000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization	1209205000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	766939000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization	760440000	usd
CY2023Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	514683000	usd
CY2022Q4	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	448765000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	57645000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	64249000	usd
CY2023Q4	mtrn	Finite Lived Intangible Assets Including Deferred Costs Net FiniteLivedIntangibleAssetsIncludingDeferredCostsNet	133571000	usd
CY2022Q4	mtrn	Finite Lived Intangible Assets Including Deferred Costs Net FiniteLivedIntangibleAssetsIncludingDeferredCostsNet	143219000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	21664000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	22535000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	320873000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	319498000	usd
CY2023Q4	us-gaap	Assets Assets	1762726000	usd
CY2022Q4	us-gaap	Assets Assets	1691979000	usd
CY2023Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	38597000	usd
CY2022Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	21105000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	125663000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	107899000	usd
CY2023Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	25912000	usd
CY2022Q4	us-gaap	Accrued Salaries Current AccruedSalariesCurrent	35543000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	45773000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	54993000	usd
CY2023Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	5207000	usd
CY2022Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	3928000	usd
CY2023Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	13843000	usd
CY2022Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	15496000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	254995000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	238964000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	13300000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	12181000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	53817000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	59055000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	13744000	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	13876000	usd
CY2023Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	26334000	usd
CY2022Q4	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	20422000	usd
CY2023Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	103983000	usd
CY2022Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	107736000	usd
CY2023Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	3815000	usd
CY2022Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	665000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	20109000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	28214000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	387576000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	410876000	usd
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q4	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
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27148000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27148000	shares
CY2023Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	309492000	usd
CY2022Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	288100000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	854334000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	769418000	usd
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	6502000	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	6605000	shares
CY2023Q4	us-gaap	Treasury Stock Value TreasuryStockValue	237746000	usd
CY2022Q4	us-gaap	Treasury Stock Value TreasuryStockValue	220864000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-46948000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-41909000	usd
CY2023Q4	us-gaap	Other Additional Capital OtherAdditionalCapital	5921000	usd
CY2022Q4	us-gaap	Other Additional Capital OtherAdditionalCapital	5245000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	885053000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	799990000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1762726000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1691979000	usd
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	655630000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	72474000	usd
CY2021	mtrn	Other Comprehensive Income Loss Net Of Tax Reform OtherComprehensiveIncomeLossNetOfTaxReform	-1530000	usd
CY2021	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.475
CY2021	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9697000	usd
CY2021	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	6517000	usd
CY2021	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3318000	usd
CY2021	mtrn	Stock Issued During Period Value Directors Deferred Compensation StockIssuedDuringPeriodValueDirectorsDeferredCompensation	364000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	720440000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	85990000	usd
CY2022	mtrn	Other Comprehensive Income Loss Net Of Tax Reform OtherComprehensiveIncomeLossNetOfTaxReform	-1740000	usd
CY2022	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.495
CY2022	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	10160000	usd
CY2022	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	8813000	usd
CY2022	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	3593000	usd
CY2022	mtrn	Stock Issued During Period Value Directors Deferred Compensation StockIssuedDuringPeriodValueDirectorsDeferredCompensation	240000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	799990000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	95702000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	95702000	usd
CY2023	mtrn	Other Comprehensive Income Loss Net Of Tax Reform OtherComprehensiveIncomeLossNetOfTaxReform	-5039000	usd
CY2023	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.515
CY2023	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	10621000	usd
CY2023	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	10092000	usd
CY2023	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	5234000	usd
CY2023	mtrn	Stock Issued During Period Value Directors Deferred Compensation StockIssuedDuringPeriodValueDirectorsDeferredCompensation	163000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	885053000	usd
CY2023	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	4	segment
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates.</span></div>
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	600000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	600000	usd
CY2023Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	200000	usd
CY2022Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	400000	usd
CY2023Q4	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	54200000	usd
CY2023Q4	us-gaap	Deferred Income DeferredIncome	84700000	usd
CY2022Q4	us-gaap	Deferred Income DeferredIncome	85900000	usd
CY2021	us-gaap	Advertising Expense AdvertisingExpense	300000	usd
CY2022	us-gaap	Advertising Expense AdvertisingExpense	300000	usd
CY2023	us-gaap	Advertising Expense AdvertisingExpense	300000	usd
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1665187000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1757109000	usd
CY2023	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	200798000	usd
CY2022	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	178441000	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12129000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17110000	usd
CY2023	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-31323000	usd
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-21905000	usd
CY2023	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	61644000	usd
CY2022	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	53436000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	95702000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	85990000	usd
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1665187000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1757109000	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1510644000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	514683000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	448765000	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	408975000	usd
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1665187000	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1757109000	usd
CY2023	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	12400000	usd
CY2022	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	7100000	usd
CY2023	us-gaap	Other Noninterest Expense OtherNoninterestExpense	10596000	usd
CY2022	us-gaap	Other Noninterest Expense OtherNoninterestExpense	12212000	usd
CY2021	us-gaap	Other Noninterest Expense OtherNoninterestExpense	9305000	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	12876000	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	12400000	usd
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5973000	usd
CY2023	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-218000	usd
CY2022	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	679000	usd
CY2021	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-1573000	usd
CY2023	mtrn	Other Net OtherNet	-367000	usd
CY2022	mtrn	Other Net OtherNet	304000	usd
CY2021	mtrn	Other Net OtherNet	-114000	usd
CY2023	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-23323000	usd
CY2022	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-24237000	usd
CY2021	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-16737000	usd
CY2021	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	14603000	usd
CY2023	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	6172000	usd
CY2022	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	2806000	usd
CY2021	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	3205000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	103100000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	77325000	usd
CY2023	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	12962000	usd
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	12571000	usd
CY2023	us-gaap	Interest Costs Incurred InterestCostsIncurred	34366000	usd
CY2022	us-gaap	Interest Costs Incurred InterestCostsIncurred	23014000	usd
CY2021	us-gaap	Interest Costs Incurred InterestCostsIncurred	5277000	usd
CY2023	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	3043000	usd
CY2022	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	1109000	usd
CY2021	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	376000	usd
CY2023	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-31323000	usd
CY2022	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-21905000	usd
CY2021	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-4901000	usd
CY2023	us-gaap	Interest Paid InterestPaid	32044000	usd
CY2022	us-gaap	Interest Paid InterestPaid	21190000	usd
CY2021	us-gaap	Interest Paid InterestPaid	3652000	usd
CY2023	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1700000	usd
CY2022	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1700000	usd
CY2021	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1000000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	94589000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	90403000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	54684000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	13242000	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	12697000	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	22641000	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	107831000	usd
CY2023	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	19134000	usd
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	15377000	usd
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	17808000	usd
CY2023	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-4926000	usd
CY2022	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	588000	usd
CY2021	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-7953000	usd
CY2023	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-2079000	usd
CY2022	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	1145000	usd
CY2021	us-gaap	Deferred Foreign Income Tax Expense Benefit DeferredForeignIncomeTaxExpenseBenefit	-5004000	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-7005000	usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1733000	usd
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-12957000	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12129000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17110000	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4851000	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210
CY2023	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	-0.007
CY2022	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	-0.017
CY2021	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.003
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion	0.034
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion	0.031
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepletion	0.034
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Fdii Percent EffectiveIncomeTaxRateReconciliationFdiiPercent	0.086
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Fdii Percent EffectiveIncomeTaxRateReconciliationFdiiPercent	0.017
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Fdii Percent EffectiveIncomeTaxRateReconciliationFdiiPercent	0.023
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Research EffectiveIncomeTaxRateReconciliationTaxCreditsResearch	0.008
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Research EffectiveIncomeTaxRateReconciliationTaxCreditsResearch	0.020
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Research EffectiveIncomeTaxRateReconciliationTaxCreditsResearch	0.012
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	0.004
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.006
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential	-0.003
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense EffectiveIncomeTaxRateReconciliationNondeductibleExpense	0.016
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	0.027
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	-0.005
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Tax Contingencies EffectiveIncomeTaxRateReconciliationTaxContingencies	-0.019
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.018
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.009
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost	0.005
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.020
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.012
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.014
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.008
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.006
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	0.085
CY2023	mtrn	Effective Income Tax Rate Reconciliation Impact Of Refundable Credits Percent EffectiveIncomeTaxRateReconciliationImpactOfRefundableCreditsPercent	0.016
CY2022	mtrn	Effective Income Tax Rate Reconciliation Impact Of Refundable Credits Percent EffectiveIncomeTaxRateReconciliationImpactOfRefundableCreditsPercent	0
CY2021	mtrn	Effective Income Tax Rate Reconciliation Impact Of Refundable Credits Percent EffectiveIncomeTaxRateReconciliationImpactOfRefundableCreditsPercent	0
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.007
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	-0.003
CY2021	us-gaap	Effective Income Tax Rate Reconciliation Other Adjustments EffectiveIncomeTaxRateReconciliationOtherAdjustments	0.001
CY2023	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.113
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.166
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.063
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	12129000	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17110000	usd
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4851000	usd
CY2023	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.113
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.166
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.063
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits	1288000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits	1230000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther	831000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther	1831000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation	4328000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation	3850000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves	1371000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves	1321000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	4868000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	6118000	usd
CY2023Q4	us-gaap	Deferred Tax Assets In Process Research And Development DeferredTaxAssetsInProcessResearchAndDevelopment	11025000	usd
CY2022Q4	us-gaap	Deferred Tax Assets In Process Research And Development DeferredTaxAssetsInProcessResearchAndDevelopment	7069000	usd
CY2023Q4	mtrn	Deferred Tax Assets Revenue Recognition DeferredTaxAssetsRevenueRecognition	13086000	usd
CY2022Q4	mtrn	Deferred Tax Assets Revenue Recognition DeferredTaxAssetsRevenueRecognition	7878000	usd
CY2023Q4	mtrn	Deferred Tax Assets Lease Obligations DeferredTaxAssetsLeaseObligations	11334000	usd
CY2022Q4	mtrn	Deferred Tax Assets Lease Obligations DeferredTaxAssetsLeaseObligations	12651000	usd
CY2023Q4	us-gaap	Deferred Tax Asset Interest Carryforward DeferredTaxAssetInterestCarryforward	12923000	usd
CY2022Q4	us-gaap	Deferred Tax Asset Interest Carryforward DeferredTaxAssetInterestCarryforward	12470000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions	2442000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions	0	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	3317000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	5477000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	13729000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	9915000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	80542000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	69810000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	5971000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	4935000	usd
CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	74571000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	64875000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	47946000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	42481000	usd
CY2023Q4	mtrn	Deferred Tax Liabilities Lease Obligations DeferredTaxLiabilitiesLeaseObligations	9933000	usd
CY2022Q4	mtrn	Deferred Tax Liabilities Lease Obligations DeferredTaxLiabilitiesLeaseObligations	12078000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssets	30829000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssets	32925000	usd
CY2023Q4	mtrn	Deferred Tax Liabilities Pensions DeferredTaxLiabilitiesPensions	0	usd
CY2022Q4	mtrn	Deferred Tax Liabilities Pensions DeferredTaxLiabilitiesPensions	400000	usd
CY2023Q4	mtrn	Deferred Tax Liabilities Unrealized Gains Or Losses DeferredTaxLiabilitiesUnrealizedGainsOrLosses	1063000	usd
CY2022Q4	mtrn	Deferred Tax Liabilities Unrealized Gains Or Losses DeferredTaxLiabilitiesUnrealizedGainsOrLosses	1940000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	89771000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	89824000	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	15200000	usd
CY2022Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	24949000	usd
CY2023Q4	us-gaap	Operating Loss Carryforwards Valuation Allowance OperatingLossCarryforwardsValuationAllowance	5200000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	652000	usd
CY2021Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	1142000	usd
CY2023	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	0	usd
CY2022	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	0	usd
CY2023	us-gaap	Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions	3111000	usd
CY2022	us-gaap	Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions	0	usd
CY2023	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	0	usd
CY2022	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	8000	usd
CY2023	us-gaap	Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations	0	usd
CY2022	us-gaap	Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations	482000	usd
CY2023Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	3763000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	652000	usd
CY2023Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	3800000	usd
CY2022Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	700000	usd
CY2023	us-gaap	Income Taxes Paid IncomeTaxesPaid	7500000	usd
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	14500000	usd
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	21800000	usd
CY2023Q4	mtrn	Unrepatriated Earnings UnrepatriatedEarnings	87300000	usd
CY2023	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1495000	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	95702000	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	85990000	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	72474000	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20619000	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20511000	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20422000	shares
CY2023	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	292000	shares
CY2022	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	249000	shares
CY2021	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	267000	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20911000	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20760000	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20689000	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.64
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.19
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.55
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.58
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.14
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.50
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	117693000	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	113694000	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	268717000	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	249105000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	55187000	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	60281000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	441597000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	423080000	usd
CY2023Q4	mtrn	Inventory Excess And Obsolete Reserve InventoryExcessAndObsoleteReserve	17300000	usd
CY2022Q4	mtrn	Inventory Excess And Obsolete Reserve InventoryExcessAndObsoleteReserve	19800000	usd
CY2023	us-gaap	Notional Amount Of Nonderivative Instruments NotionalAmountOfNonderivativeInstruments	351500000	usd
CY2022	us-gaap	Notional Amount Of Nonderivative Instruments NotionalAmountOfNonderivativeInstruments	373100000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	514683000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	448765000	usd
CY2023	us-gaap	Recovery Of Direct Costs RecoveryOfDirectCosts	63500000	usd
CY2023	mtrn	Unearned Income UnearnedIncome	10700000	usd
CY2022	mtrn	Unearned Income UnearnedIncome	15300000	usd
CY2023	us-gaap	Depreciation Depreciation	41600000	usd
CY2022	us-gaap	Depreciation Depreciation	35200000	usd
CY2021	us-gaap	Depreciation Depreciation	31400000	usd
CY2023Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	4000000	usd
CY2022Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	4600000	usd
CY2023	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	1800000	usd
CY2021	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	1800000	usd
CY2022	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	1800000	usd
CY2023	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	7000000	usd
CY2022	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	12100000	usd
CY2023	us-gaap	Proceeds From Deposits From Customers ProceedsFromDepositsFromCustomers	38600000	usd
CY2023Q4	us-gaap	Deferred Income DeferredIncome	84700000	usd
CY2022Q4	us-gaap	Deferred Income DeferredIncome	85900000	usd
CY2023Q4	us-gaap	Deferred Revenue DeferredRevenue	5800000	usd
CY2022Q4	us-gaap	Deferred Revenue DeferredRevenue	4500000	usd
CY2023	mtrn	Operating Lease Term Maximum OperatingLeaseTermMaximum	P25Y
CY2023	us-gaap	Operating Lease Cost OperatingLeaseCost	14648000	usd
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	13381000	usd
CY2022	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	1202000	usd
CY2023	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	760000	usd
CY2022	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	819000	usd
CY2023	us-gaap	Lease Cost LeaseCost	16903000	usd
CY2022	us-gaap	Lease Cost LeaseCost	15402000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	57645000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	64249000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	6933000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	8401000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	53817000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	59055000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	32624000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	31662000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	9006000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Accumulated Amortization FinanceLeaseRightOfUseAssetAccumulatedAmortization	7395000	usd
CY2023Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	23618000	usd
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	24267000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	626000	usd
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Files In Submission

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$MTRN
Materion Corp Stock $mtrn

2024 Q1 Form 10-K Financial Statement

#000110465724000019 Filed on February 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTRN Materion Corp Stock $mtrn

2024 Q1 Form 10-K Financial Statement

#000110465724000019 Filed on February 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MTRN
Materion Corp Stock $mtrn