2024 Q1 Form 10-Q Financial Statement

#000110465724000066 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q1
Revenue $385.3M $442.5M
YoY Change -12.93%
Cost Of Revenue $314.1M $351.2M
YoY Change -10.57%
Gross Profit $71.21M $91.34M
YoY Change -22.03%
Gross Profit Margin 18.48% 20.64%
Selling, General & Admin $35.84M $40.34M
YoY Change -11.14%
% of Gross Profit 50.33% 44.16%
Research & Development $7.142M $7.621M
YoY Change -6.29%
% of Gross Profit 10.03% 8.34%
Depreciation & Amortization $16.18M $15.09M
YoY Change 7.24%
% of Gross Profit 22.73% 16.52%
Operating Expenses $47.34M $47.96M
YoY Change -1.28%
Operating Profit $23.87M $36.94M
YoY Change -35.38%
Interest Expense -$8.279M $7.502M
YoY Change -210.36%
% of Operating Profit -34.69% 20.31%
Other Income/Expense, Net $643.0K $730.0K
YoY Change -11.92%
Pretax Income $14.61M $30.17M
YoY Change -51.56%
Income Tax $1.204M $4.580M
% Of Pretax Income 8.24% 15.18%
Net Earnings $13.41M $25.59M
YoY Change -47.6%
Net Earnings / Revenue 3.48% 5.78%
Basic Earnings Per Share $0.65 $1.24
Diluted Earnings Per Share $0.64 $1.23
COMMON SHARES
Basic Shares Outstanding 20.65M shares 20.54M shares
Diluted Shares Outstanding 20.97M shares 20.89M shares

Balance Sheet

Concept 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.10M $15.24M
YoY Change -14.03%
Cash & Equivalents $13.10M $15.24M
Short-Term Investments
Other Short-Term Assets $71.75M $42.13M
YoY Change 70.31%
Inventory $466.6M $434.5M
Prepaid Expenses
Receivables $188.3M $208.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $739.7M $699.9M
YoY Change 5.69%
LONG-TERM ASSETS
Property, Plant & Equipment $586.5M $469.6M
YoY Change 24.9%
Goodwill $319.9M $320.3M
YoY Change -0.1%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $29.98M $22.18M
YoY Change 35.16%
Total Long-Term Assets $1.065B $1.018B
YoY Change 4.65%
TOTAL ASSETS
Total Short-Term Assets $739.7M $699.9M
Total Long-Term Assets $1.065B $1.018B
Total Assets $1.805B $1.718B
YoY Change 5.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $134.5M $126.9M
YoY Change 6.05%
Accrued Expenses $16.03M $44.19M
YoY Change -63.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $27.73M
YoY Change -100.0%
Long-Term Debt Due $46.57M $27.73M
YoY Change 67.96%
Total Short-Term Liabilities $254.6M $245.8M
YoY Change 3.58%
LONG-TERM LIABILITIES
Long-Term Debt $442.0M $405.5M
YoY Change 8.99%
Other Long-Term Liabilities $198.3M $14.26M
YoY Change 1290.99%
Total Long-Term Liabilities $640.2M $419.7M
YoY Change 52.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $254.6M $245.8M
Total Long-Term Liabilities $640.2M $419.7M
Total Liabilities $915.3M $665.6M
YoY Change 37.52%
SHAREHOLDERS EQUITY
Retained Earnings $865.0M $792.4M
YoY Change 9.16%
Common Stock $297.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $256.3M $231.9M
YoY Change 10.51%
Treasury Stock Shares
Shareholders Equity $889.9M $822.0M
YoY Change
Total Liabilities & Shareholders Equity $1.805B $1.718B
YoY Change 5.08%

Cashflow Statement

Concept 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income $13.41M $25.59M
YoY Change -47.6%
Depreciation, Depletion And Amortization $16.18M $15.09M
YoY Change 7.24%
Cash From Operating Activities -$13.81M $38.11M
YoY Change -136.23%
INVESTING ACTIVITIES
Capital Expenditures $26.65M $30.01M
YoY Change -11.22%
Acquisitions
YoY Change
Other Investing Activities $348.0K $212.0K
YoY Change 64.15%
Cash From Investing Activities -$26.30M -$29.80M
YoY Change -11.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $7.586M $3.907M
YoY Change 94.16%
Cash From Financing Activities 40.30M -$6.291M
YoY Change -740.55%
NET CHANGE
Cash From Operating Activities -13.81M $38.11M
Cash From Investing Activities -26.30M -$29.80M
Cash From Financing Activities 40.30M -$6.291M
Net Change In Cash 193.0K $2.142M
YoY Change -90.99%
FREE CASH FLOW
Cash From Operating Activities -$13.81M $38.11M
Capital Expenditures $26.65M $30.01M
Free Cash Flow -$40.45M $8.091M
YoY Change -599.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-190000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2142000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13294000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13101000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13104000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15243000 usd
CY2024Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
314075000 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
351190000 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
71212000 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
91336000 usd
CY2024Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
35844000 usd
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
40336000 usd
CY2024Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7142000 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7621000 usd
CY2024Q1 us-gaap Restructuring Charges
RestructuringCharges
1620000 usd
CY2023Q1 us-gaap Restructuring Charges
RestructuringCharges
664000 usd
CY2024Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-4357000 usd
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5775000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
22249000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
36940000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
643000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
730000 usd
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-8279000 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-7502000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14613000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30168000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1204000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4580000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
13409000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20679000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20566000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20973000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20887000 shares
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
13409000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2024Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-4460000 usd
CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
2689000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
2260000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-2339000 usd
CY2024Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
173000 usd
CY2023Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
67000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2373000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
283000 usd
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11036000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
25871000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13104000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13294000 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
188282000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
192747000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
466574000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
441597000 usd
CY2024Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
71748000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
61744000 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
739708000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
709382000 usd
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4751000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
4908000 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
1304336000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
1281622000 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
779893000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
766939000 usd
CY2024Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
524443000 usd
CY2023Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
514683000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
62055000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
57645000 usd
CY2024Q1 mtrn Finite Lived Intangible Assets Including Deferred Costs Net
FiniteLivedIntangibleAssetsIncludingDeferredCostsNet
129053000 usd
CY2023Q4 mtrn Finite Lived Intangible Assets Including Deferred Costs Net
FiniteLivedIntangibleAssetsIncludingDeferredCostsNet
133571000 usd
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
25231000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21664000 usd
CY2024Q1 us-gaap Goodwill
Goodwill
319943000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
320873000 usd
CY2024Q1 us-gaap Assets
Assets
1805184000 usd
CY2023Q4 us-gaap Assets
Assets
1762726000 usd
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
46569000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
38597000 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
134542000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
125663000 usd
CY2024Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
16030000 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
25912000 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
40602000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
45773000 usd
CY2024Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2079000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
5207000 usd
CY2024Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
14793000 usd
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
13843000 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
254615000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
254995000 usd
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13304000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13300000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
59887000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
53817000 usd
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
13242000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
13744000 usd
CY2024Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
25431000 usd
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
26334000 usd
CY2024Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
95978000 usd
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
103983000 usd
CY2024Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
3686000 usd
CY2023Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
3815000 usd
CY2024Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
20408000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
20109000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
428710000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
387576000 usd
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2024Q1 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
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27148000 shares
CY2024Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
324492000 usd
CY2023Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
309492000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
865038000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
854334000 usd
CY2024Q1 us-gaap Treasury Stock Value
TreasuryStockValue
256268000 usd
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
237746000 usd
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-49321000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-46948000 usd
CY2024Q1 us-gaap Other Additional Capital
OtherAdditionalCapital
5982000 usd
CY2023Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
5921000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
889923000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
885053000 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1805184000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1762726000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
13409000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16185000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15092000 usd
CY2024Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
429000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
424000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2495000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2250000 usd
CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-253000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-52000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2729000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7538000 usd
CY2024Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26539000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12081000 usd
CY2024Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10274000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2865000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5194000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1904000 usd
CY2024Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-5860000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
254000 usd
CY2024Q1 mtrn Increase Decrease In Interest And Taxes Payable
IncreaseDecreaseInInterestAndTaxesPayable
-3294000 usd
CY2023Q1 mtrn Increase Decrease In Interest And Taxes Payable
IncreaseDecreaseInInterestAndTaxesPayable
657000 usd
CY2024Q1 us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
0 usd
CY2023Q1 us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
7724000 usd
CY2024Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2362000 usd
CY2023Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-4520000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13805000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
38105000 usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21314000 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30014000 usd
CY2024Q1 mtrn Payments To Develop Mines
PaymentsToDevelopMines
5333000 usd
CY2023Q1 mtrn Payments To Develop Mines
PaymentsToDevelopMines
0 usd
CY2024Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
348000 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
212000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-26299000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-29802000 usd
CY2024Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
56779000 usd
CY2023Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
4600000 usd
CY2024Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7586000 usd
CY2023Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3907000 usd
CY2024Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
191000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
799000 usd
CY2024Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2692000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2571000 usd
CY2024Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6013000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3614000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40297000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6291000 usd
CY2024Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-383000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
130000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
885053000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
13409000 usd
CY2024Q1 mtrn Other Comprehensive Income Loss Net Of Tax Reform
OtherComprehensiveIncomeLossNetOfTaxReform
-2373000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2692000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2495000 usd
CY2024Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
6013000 usd
CY2024Q1 mtrn Stock Issued During Period Value Directors Deferred Compensation
StockIssuedDuringPeriodValueDirectorsDeferredCompensation
44000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
889923000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
799990000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2023Q1 mtrn Other Comprehensive Income Loss Net Of Tax Reform
OtherComprehensiveIncomeLossNetOfTaxReform
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 Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3614000 usd
CY2023Q1 mtrn Stock Issued During Period Value Directors Deferred Compensation
StockIssuedDuringPeriodValueDirectorsDeferredCompensation
68000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
821994000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
385287000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
442526000 usd
CY2024Q1 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
39077000 usd
CY2023Q1 us-gaap Income Loss Attributable To Parent
IncomeLossAttributableToParent
52762000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1204000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4580000 usd
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-8279000 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-7502000 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16185000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15092000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
13409000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
385287000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
442526000 usd
CY2024Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
57900000 usd
CY2024Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
6900000 usd
CY2024Q1 us-gaap Restructuring Costs
RestructuringCosts
1600000 usd
CY2023Q1 us-gaap Restructuring Costs
RestructuringCosts
700000 usd
CY2024Q1 us-gaap Restructuring Costs
RestructuringCosts
1600000 usd
CY2024Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
900000 usd
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2847000 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3121000 usd
CY2024Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2023000 usd
CY2023Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2929000 usd
CY2024Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-433000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
208000 usd
CY2024Q1 mtrn Other Net
OtherNet
-946000 usd
CY2023Q1 mtrn Other Net
OtherNet
-67000 usd
CY2024Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-4357000 usd
CY2023Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5775000 usd
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.082
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.152
CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-1200000 usd
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-500000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
13409000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
25588000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20679000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20566000 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
294000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
321000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20973000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20887000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.24
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
138049000 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
117693000 usd
CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
263352000 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
268717000 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
65173000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
55187000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
466574000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
441597000 usd
CY2024Q1 us-gaap Notional Amount Of Nonderivative Instruments
NotionalAmountOfNonderivativeInstruments
332100000 usd
CY2023 us-gaap Notional Amount Of Nonderivative Instruments
NotionalAmountOfNonderivativeInstruments
351500000 usd
CY2023 us-gaap Proceeds From Deposits From Customers
ProceedsFromDepositsFromCustomers
38600000 usd
CY2024Q1 us-gaap Deferred Income
DeferredIncome
77900000 usd
CY2023Q4 us-gaap Deferred Income
DeferredIncome
84700000 usd
CY2024Q1 us-gaap Deferred Revenue
DeferredRevenue
7500000 usd
CY2023Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 usd
CY2024Q1 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
0 usd
CY2024Q1 us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-288000 usd
CY2024Q1 us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
1347000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-1635000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
738000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2373000 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
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2600000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2400000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
25500000 usd
CY2024Q1 mtrn Foreign Currency Gain Loss Related To Derivatives
ForeignCurrencyGainLossRelatedToDerivatives
400000 usd
CY2023Q1 mtrn Foreign Currency Gain Loss Related To Derivatives
ForeignCurrencyGainLossRelatedToDerivatives
-200000 usd
CY2024Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
4700000 usd
CY2024Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1236000 usd
CY2023Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-792000 usd
CY2024Q1 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
4500000 usd
CY2023Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
4600000 usd
CY2024Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
197750000 usd
CY2023Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
149250000 usd
CY2024Q1 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
262500000 usd
CY2023Q4 us-gaap Unsecured Debt Current
UnsecuredDebtCurrent
270000000 usd
CY2024Q1 us-gaap Bank Overdrafts
BankOverdrafts
6371000 usd
CY2023Q4 us-gaap Bank Overdrafts
BankOverdrafts
3825000 usd
CY2024Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
11231000 usd
CY2023Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
5918000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
477852000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
428993000 usd
CY2024Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
46569000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
38597000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
431283000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
390396000 usd
CY2024Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2573000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2820000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
428710000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
387576000 usd
CY2024Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
130200000 usd
CY2024Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
262500000 usd
CY2023Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
270000000 usd
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001104657-24-000066-index-headers.html Edgar Link pending
0001104657-24-000066-index.html Edgar Link pending
0001104657-24-000066.txt Edgar Link pending
0001104657-24-000066-xbrl.zip Edgar Link pending
ex101materionandsubsidiari.htm Edgar Link pending
ex102formof2024performance.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image_1a.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
mtrn-20240329.htm Edgar Link pending
mtrn-20240329.xsd Edgar Link pending
mtrn-ex311_2024q110q.htm Edgar Link pending
mtrn-ex312_2024q110q.htm Edgar Link pending
mtrn-ex32_2024q110q.htm Edgar Link pending
mtrn-ex95_2024q110q.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
FilingSummary.xml Edgar Link unprocessable
mtrn-20240329_def.xml Edgar Link unprocessable
mtrn-20240329_lab.xml Edgar Link unprocessable
mtrn-20240329_pre.xml Edgar Link unprocessable
mtrn-20240329_htm.xml Edgar Link completed
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
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
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.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
mtrn-20240329_cal.xml Edgar Link unprocessable