$MTUS
Metallus Inc.

2024 Q4 Form 10-Q Financial Statement

#000095017024123398 Filed on November 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $227.2M
YoY Change -35.86%
Cost Of Revenue $215.1M
YoY Change -29.06%
Gross Profit $12.10M
YoY Change -76.27%
Gross Profit Margin 5.33%
Selling, General & Admin $22.50M
YoY Change 9.76%
% of Gross Profit 185.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.60M
YoY Change -2.86%
% of Gross Profit 112.4%
Operating Expenses $22.50M
YoY Change 9.76%
Operating Profit -$10.40M
YoY Change -134.1%
Interest Expense $2.700M
YoY Change 350.0%
% of Operating Profit
Other Income/Expense, Net $1.000M
YoY Change -50.0%
Pretax Income -$7.100M
YoY Change -120.52%
Income Tax -$1.200M
% Of Pretax Income
Net Earnings -$5.900M
YoY Change -123.79%
Net Earnings / Revenue -2.6%
Basic Earnings Per Share -$0.13
Diluted Earnings Per Share -$0.13
COMMON SHARES
Basic Shares Outstanding 42.49M 43.46M
Diluted Shares Outstanding 43.10M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $254.6M
YoY Change 12.95%
Cash & Equivalents $254.6M
Short-Term Investments
Other Short-Term Assets $6.500M
YoY Change 170.83%
Inventory $218.0M
Prepaid Expenses
Receivables $105.1M
Other Receivables $0.00
Total Short-Term Assets $602.0M
YoY Change -4.52%
LONG-TERM ASSETS
Property, Plant & Equipment $496.3M
YoY Change 1.78%
Goodwill
YoY Change
Intangibles $4.000M
YoY Change 33.33%
Long-Term Investments
YoY Change
Other Assets $12.60M
YoY Change 472.73%
Total Long-Term Assets $531.4M
YoY Change 1.55%
TOTAL ASSETS
Total Short-Term Assets $602.0M
Total Long-Term Assets $531.4M
Total Assets $1.133B
YoY Change -1.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.3M
YoY Change -23.7%
Accrued Expenses $42.70M
YoY Change 52.5%
Deferred Revenue
YoY Change
Short-Term Debt $13.20M
YoY Change 0.76%
Long-Term Debt Due $13.20M
YoY Change 0.76%
Total Short-Term Liabilities $228.2M
YoY Change 10.24%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $13.70M
YoY Change 0.74%
Total Long-Term Liabilities $13.70M
YoY Change 0.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $228.2M
Total Long-Term Liabilities $13.70M
Total Liabilities $420.7M
YoY Change -0.66%
SHAREHOLDERS EQUITY
Retained Earnings -$31.00M
YoY Change -43.64%
Common Stock $840.4M
YoY Change -0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $105.1M
YoY Change 53.21%
Treasury Stock Shares
Shareholders Equity $712.7M
YoY Change
Total Liabilities & Shareholders Equity $1.133B
YoY Change -1.77%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$5.900M
YoY Change -123.79%
Depreciation, Depletion And Amortization $13.60M
YoY Change -2.86%
Cash From Operating Activities -$15.30M
YoY Change -154.45%
INVESTING ACTIVITIES
Capital Expenditures $17.60M
YoY Change 0.57%
Acquisitions
YoY Change
Other Investing Activities $35.50M
YoY Change
Cash From Investing Activities $17.90M
YoY Change -202.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.10M
YoY Change 183.1%
NET CHANGE
Cash From Operating Activities -15.30M
Cash From Investing Activities 17.90M
Cash From Financing Activities -20.10M
Net Change In Cash -17.50M
YoY Change -600.0%
FREE CASH FLOW
Cash From Operating Activities -$15.30M
Capital Expenditures $17.60M
Free Cash Flow -$32.90M
YoY Change -410.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
dei Amendment Flag
AmendmentFlag
false
dei Entity Central Index Key
EntityCentralIndexKey
0001598428
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-36313
dei Entity Registrant Name
EntityRegistrantName
METALLUS INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
OH
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-4024951
dei Entity Address Address Line1
EntityAddressAddressLine1
1835 Dueber Avenue SW
dei Entity Address City Or Town
EntityAddressCityOrTown
Canton
dei Entity Address State Or Province
EntityAddressStateOrProvince
OH
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
44706
dei City Area Code
CityAreaCode
330
dei Local Phone Number
LocalPhoneNumber
471.7000
dei Security12b Title
Security12bTitle
Common shares
dei Trading Symbol
TradingSymbol
MTUS
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
42494328
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
227200000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354200000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
843500000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1034300000
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
215100000
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
303200000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
756700000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
889200000
CY2024Q3 us-gaap Gross Profit
GrossProfit
12100000
CY2023Q3 us-gaap Gross Profit
GrossProfit
51000000
us-gaap Gross Profit
GrossProfit
86800000
us-gaap Gross Profit
GrossProfit
145100000
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22500000
CY2023Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
20500000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
67300000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
61900000
CY2024Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-100000
CY2023Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
300000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-400000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2800000
CY2024Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2400000
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1800000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7600000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5000000
CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11400000
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2300000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13100000
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7100000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34600000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
29000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
92700000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1200000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6300000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24600000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5900000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
24800000
us-gaap Net Income Loss
NetIncomeLoss
22700000
us-gaap Net Income Loss
NetIncomeLoss
68100000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.55
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5900000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
24800000
us-gaap Net Income Loss
NetIncomeLoss
22700000
us-gaap Net Income Loss
NetIncomeLoss
68100000
CY2024Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-100000
CY2023Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
200000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-100000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
0
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
200000
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-700000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-300000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-500000
CY2024Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1400000
CY2023Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1100000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3700000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2500000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1200000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1800000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4000000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7100000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
23000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18700000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
65100000
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
254600000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
280600000
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1500000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2000000
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
105100000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
113200000
CY2024Q3 us-gaap Inventory Net
InventoryNet
218000000
CY2023Q4 us-gaap Inventory Net
InventoryNet
228000000
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
17800000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10300000
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
6500000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
24700000
CY2024Q3 us-gaap Assets Current
AssetsCurrent
602000000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
656800000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
496300000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
492500000
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11600000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11400000
CY2024Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
6900000
CY2023Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
9900000
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4000000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2700000
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12600000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2000000
CY2024Q3 us-gaap Assets
Assets
1133400000
CY2023Q4 us-gaap Assets
Assets
1175300000
CY2024Q3 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
113300000
CY2023Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
133300000
CY2024Q3 mtus Salaries Wages And Benefits Current
SalariesWagesAndBenefitsCurrent
19900000
CY2023Q4 mtus Salaries Wages And Benefits Current
SalariesWagesAndBenefitsCurrent
26800000
CY2024Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
17700000
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
43500000
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5100000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5000000
CY2024Q3 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
13200000
CY2023Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
13200000
CY2024Q3 us-gaap Government Assistance Liability Current
GovernmentAssistanceLiabilityCurrent
45500000
CY2023Q4 us-gaap Government Assistance Liability Current
GovernmentAssistanceLiabilityCurrent
0
CY2024Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13500000
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26600000
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
228200000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
248400000
CY2024Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0
CY2023Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
0
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6500000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6400000
CY2024Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
157200000
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
160500000
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
15100000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
15000000
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13700000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13400000
CY2024Q3 us-gaap Liabilities
Liabilities
420700000
CY2023Q4 us-gaap Liabilities
Liabilities
443700000
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2024Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2024Q3 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48200000
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
47100000
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
0
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
0
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
840400000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
844200000
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-31000000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-53700000
CY2024Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
5700000
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
4000000
CY2024Q3 us-gaap Treasury Stock Value
TreasuryStockValue
105100000
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
71300000
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
8400000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
12400000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
712700000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
731600000
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1133400000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1175300000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
731600000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
24000000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1100000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3500000
CY2024Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1100000
CY2024Q1 mtus Treasury Stock Value Acquired
TreasuryStockValueAcquired
-4400000
CY2024Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
15400000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
739300000
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
4600000
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1700000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3500000
CY2024Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
200000
CY2024Q2 mtus Treasury Stock Value Acquired
TreasuryStockValueAcquired
-9600000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
736300000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-5900000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1200000
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3500000
CY2024Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
100000
CY2024Q3 mtus Treasury Stock Value Acquired
TreasuryStockValueAcquired
-20100000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
712700000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
686500000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
14400000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2600000
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1300000
CY2023Q1 mtus Treasury Stock Value Acquired
TreasuryStockValueAcquired
-9400000
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3400000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
691400000
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
28900000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2900000
CY2023Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
600000
CY2023Q2 mtus Treasury Stock Value Acquired
TreasuryStockValueAcquired
-11400000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
711800000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
24800000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1800000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000
CY2023Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
500000
CY2023Q3 mtus Treasury Stock Value Acquired
TreasuryStockValueAcquired
-8000000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
730300000
us-gaap Net Income Loss
NetIncomeLoss
22700000
us-gaap Net Income Loss
NetIncomeLoss
68100000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40400000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42800000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
400000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
400000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-11400000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-400000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2800000
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-700000
us-gaap Share Based Compensation
ShareBasedCompensation
10500000
us-gaap Share Based Compensation
ShareBasedCompensation
8500000
mtus Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash Excluding Mark To Market Adjustments
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncashExcludingMarkToMarketAdjustments
5100000
mtus Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash Excluding Mark To Market Adjustments
PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncashExcludingMarkToMarketAdjustments
6400000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7500000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
56100000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-9200000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
62700000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-16400000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
34100000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19900000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9700000
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
38000000
us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
2400000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
7500000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
5000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-12000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-17500000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26400000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
51200000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
49100000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
36200000
mtus Proceeds From Government Funding
ProceedsFromGovernmentFunding
45500000
mtus Proceeds From Government Funding
ProceedsFromGovernmentFunding
0
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1700000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3600000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-34500000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34100000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
28500000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1400000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2400000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
15500000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3400000
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
18700000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-48200000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-48200000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25400000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-31500000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
281300000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
257800000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
255900000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
226300000
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
254600000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
225400000
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
1300000
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
900000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
255900000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
226300000
CY2024Q3 us-gaap Government Assistance Liability Increase
GovernmentAssistanceLiabilityIncrease
35500000
us-gaap Government Assistance Liability Increase
GovernmentAssistanceLiabilityIncrease
45500000
CY2024Q3 mtus Government Assistance Capital Fundings
GovernmentAssistanceCapitalFundings
5800000
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
227200000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354200000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
843500000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1034300000
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
227200000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354200000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
843500000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1034300000
CY2024Q3 mtus Contract Liabalities Totalated
ContractLiabalitiesTotalated
0
CY2023Q3 mtus Contract Liabalities Totalated
ContractLiabalitiesTotalated
700000
CY2024Q3 mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component
PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent
-1300000
CY2023Q3 mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component
PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent
-1200000
mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component
PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent
-4100000
mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Excluding Service Component
PensionCostandOtherPostretirementBenefitsCostReversalofCostExcludingServiceComponent
-3700000
CY2024Q3 mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement
PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement
0
CY2023Q3 mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement
PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement
-1000000
mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement
PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement
1800000
mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement
PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement
1700000
CY2024Q3 us-gaap Gain Loss On Sale Of Insurance Block
GainLossOnSaleOfInsuranceBlock
0
CY2023Q3 us-gaap Gain Loss On Sale Of Insurance Block
GainLossOnSaleOfInsuranceBlock
0
us-gaap Gain Loss On Sale Of Insurance Block
GainLossOnSaleOfInsuranceBlock
0
us-gaap Gain Loss On Sale Of Insurance Block
GainLossOnSaleOfInsuranceBlock
11300000
CY2024Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-300000
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
0
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
100000
CY2024Q3 mtus Miscellaneous Nonoperating Income Expense
MiscellaneousNonoperatingIncomeExpense
0
CY2023Q3 mtus Miscellaneous Nonoperating Income Expense
MiscellaneousNonoperatingIncomeExpense
-200000
mtus Miscellaneous Nonoperating Income Expense
MiscellaneousNonoperatingIncomeExpense
0
mtus Miscellaneous Nonoperating Income Expense
MiscellaneousNonoperatingIncomeExpense
-300000
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1000000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2300000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13100000
CY2024Q1 mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement
PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement
800000
CY2024Q2 mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement
PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement
1000000
CY2024Q2 mtus Investment Losses On Plan Assets
InvestmentLossesOnPlanAssets
1800000
CY2024Q2 mtus Investment Gains On Plan Assets
InvestmentGainsOnPlanAssets
700000
CY2024Q2 mtus Pension Cost And Other Postretirement Benefits Cost Plan Gain On Annuitization
PensionCostAndOtherPostretirementBenefitsCostPlanGainOnAnnuitization
100000
CY2023Q3 mtus Pension Costand Other Postretirement Benefits Cost Reversalof Cost Remeasurement
PensionCostandOtherPostretirementBenefitsCostReversalofCostRemeasurement
-1000000
CY2023Q3 mtus Decrease In Liability Due To Reversal Of Cost Remeasurement
DecreaseInLiabilityDueToReversalOfCostRemeasurement
6500000
CY2023Q3 mtus Investment Losses On Plan Assets
InvestmentLossesOnPlanAssets
5500000
mtus Investment Losses On Plan Assets
InvestmentLossesOnPlanAssets
1700000
mtus Amount Of Investment On Plan Assets
AmountOfInvestmentOnPlanAssets
5600000
mtus Lump Sum Based Losses
LumpSumBasedLosses
1300000
mtus Decrease In Liability Due To Reversal Of Cost Remeasurement
DecreaseInLiabilityDueToReversalOfCostRemeasurement
5200000
CY2023 us-gaap Gain Loss On Sale Of Insurance Block
GainLossOnSaleOfInsuranceBlock
31300000
CY2023Q1 us-gaap Gain Loss On Sale Of Insurance Block
GainLossOnSaleOfInsuranceBlock
9800000
CY2023Q1 mtus Gain Loss On Total Recovery
GainLossOnTotalRecovery
800000
CY2023Q2 mtus Gain Loss On Total Recovery
GainLossOnTotalRecovery
9000000
CY2023Q2 us-gaap Gain Loss On Sale Of Insurance Block
GainLossOnSaleOfInsuranceBlock
1500000
CY2024Q1 mtus Gain Loss On Total Recovery
GainLossOnTotalRecovery
20000000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1200000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6300000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24600000
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.169
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.283
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.169
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.283
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
mtus Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Issued
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedIssued
2000000
mtus Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Purchased With Potential Proceeds
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedPurchasedWithPotentialProceeds
900000
CY2023Q3 mtus Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Issued
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedIssued
3100000
mtus Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Issued
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedIssued
2700000
CY2023Q3 mtus Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Purchased With Potential Proceeds
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedPurchasedWithPotentialProceeds
1000000
mtus Incremental Common Shares Attributable To Share Based Payment Arrangements Shares Assumed Purchased With Potential Proceeds
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsSharesAssumedPurchasedWithPotentialProceeds
700000
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5900000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24800000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22700000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
68100000
CY2024Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
0
CY2023Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
200000
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
600000
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
800000
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-5900000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
25000000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
23300000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
68900000
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43100000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44100000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43400000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44000000
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2100000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1100000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2000000
CY2024Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1700000
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
1700000
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2000000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43100000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47900000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46200000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48000000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.55
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2024Q3 us-gaap Other Inventory Supplies
OtherInventorySupplies
57900000
CY2023Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
51500000
CY2024Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
13700000
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
17500000
CY2024Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
108400000
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
109600000
CY2024Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
38700000
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
50100000
CY2024Q3 us-gaap Inventory Gross
InventoryGross
218700000
CY2023Q4 us-gaap Inventory Gross
InventoryGross
228700000
CY2024Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
700000
CY2023Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
700000
CY2024Q3 us-gaap Inventory Net
InventoryNet
218000000
CY2023Q4 us-gaap Inventory Net
InventoryNet
228000000
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
13200000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
13200000
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
13200000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
13200000
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0
us-gaap Interest Paid
InterestPaid
1300000
us-gaap Interest Paid
InterestPaid
1300000
CY2024Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
700000
CY2023Q3 us-gaap Interest Expense Operating
InterestExpenseOperating
600000
us-gaap Interest Expense Operating
InterestExpenseOperating
2000000
us-gaap Interest Expense Operating
InterestExpenseOperating
1900000
CY2024Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3100000
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2400000
us-gaap Investment Income Interest
InvestmentIncomeInterest
9600000
us-gaap Investment Income Interest
InvestmentIncomeInterest
6900000
CY2024Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
2400000
CY2023Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1800000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7600000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5000000
CY2024Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
125900000
CY2023Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
96200000
CY2024Q3 mtus Cash Held In Other Investments
CashHeldInOtherInvestments
124100000
CY2023Q3 mtus Cash Held In Other Investments
CashHeldInOtherInvestments
118500000
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
50000000
CY2022Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
75000000
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000
CY2024Q3 us-gaap Treasury Stock Reissued At Lower Than Repurchase Price
TreasuryStockReissuedAtLowerThanRepurchasePrice
17.29
us-gaap Treasury Stock Reissued At Lower Than Repurchase Price
TreasuryStockReissuedAtLowerThanRepurchasePrice
18.82
CY2023Q3 us-gaap Treasury Stock Reissued At Lower Than Repurchase Price
TreasuryStockReissuedAtLowerThanRepurchasePrice
21.82
us-gaap Treasury Stock Reissued At Lower Than Repurchase Price
TreasuryStockReissuedAtLowerThanRepurchasePrice
18.81
CY2024Q2 us-gaap Defined Benefit Plan Benefit Obligation Payment For Settlement
DefinedBenefitPlanBenefitObligationPaymentForSettlement
20800000
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3500000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10500000
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3000000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8500000
mtus Future Allocated Share Based Compensation Expense
FutureAllocatedShareBasedCompensationExpense
22300000
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-300000
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
3600000
mtus Other Comprehensive Income Loss Deferrals Before Tax
OtherComprehensiveIncomeLossDeferralsBeforeTax
0
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-100000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4000000
us-gaap Oci Before Reclassifications Before Tax Attributable To Parent
OciBeforeReclassificationsBeforeTaxAttributableToParent
-500000
us-gaap Reclassification From Aoci Current Period Before Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodBeforeTaxAttributableToParent
3700000
mtus Other Comprehensive Income Loss Deferrals Before Tax
OtherComprehensiveIncomeLossDeferralsBeforeTax
1200000
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
0
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000000
CY2024Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1300000
CY2023Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
1100000

Files In Submission

Name View Source Status
0000950170-24-123398-index-headers.html Edgar Link pending
0000950170-24-123398-index.html Edgar Link pending
0000950170-24-123398.txt Edgar Link pending
0000950170-24-123398-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
img20929902_0.jpg Edgar Link pending
img20929902_1.jpg Edgar Link pending
img20929902_2.jpg Edgar Link pending
img20929902_3.jpg Edgar Link pending
img20929902_4.jpg Edgar Link pending
img20929902_5.jpg Edgar Link pending
img20929902_6.jpg Edgar Link pending
img20929902_7.jpg Edgar Link pending
img20929902_8.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
mtus-20240930.htm Edgar Link pending
mtus-20240930.xsd Edgar Link pending
mtus-ex31_1.htm Edgar Link pending
mtus-ex31_2.htm Edgar Link pending
mtus-ex32_1.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
mtus-20240930_htm.xml Edgar Link completed
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
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
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable