$MTX
MINERALS TECHNOLOGIES INC

2024 Q4 Form 10-Q Financial Statement

#000089101424000116 Filed on October 25, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $524.7M
YoY Change -4.86%
Cost Of Revenue $389.5M
YoY Change -8.03%
Gross Profit $135.2M
YoY Change 5.63%
Gross Profit Margin 25.77%
Selling, General & Admin $50.10M
YoY Change -3.28%
% of Gross Profit 37.06%
Research & Development $5.900M
YoY Change 5.36%
% of Gross Profit 4.36%
Depreciation & Amortization $23.10M
YoY Change -1.7%
% of Gross Profit 17.09%
Operating Expenses $56.00M
YoY Change -2.44%
Operating Profit $76.60M
YoY Change 8.5%
Interest Expense -$14.00M
YoY Change -3.45%
% of Operating Profit -18.28%
Other Income/Expense, Net -$17.10M
YoY Change 1121.43%
Pretax Income $59.50M
YoY Change 75.0%
Income Tax $13.70M
% Of Pretax Income 23.03%
Net Earnings $46.70M
YoY Change 75.56%
Net Earnings / Revenue 8.9%
Basic Earnings Per Share $1.45
Diluted Earnings Per Share $1.45
COMMON SHARES
Basic Shares Outstanding 31.89M 32.17M
Diluted Shares Outstanding 32.30M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $324.5M
YoY Change 27.06%
Cash & Equivalents $317.1M
Short-Term Investments $7.400M
Other Short-Term Assets $61.60M
YoY Change 23.45%
Inventory $342.2M
Prepaid Expenses
Receivables $412.5M
Other Receivables $0.00
Total Short-Term Assets $1.141B
YoY Change 5.65%
LONG-TERM ASSETS
Property, Plant & Equipment $993.7M
YoY Change -5.42%
Goodwill $914.3M
YoY Change 0.0%
Intangibles $222.1M
YoY Change -5.85%
Long-Term Investments
YoY Change
Other Assets $105.3M
YoY Change -17.48%
Total Long-Term Assets $2.253B
YoY Change -3.23%
TOTAL ASSETS
Total Short-Term Assets $1.141B
Total Long-Term Assets $2.253B
Total Assets $3.394B
YoY Change -0.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $189.8M
YoY Change -7.1%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $60.00M
YoY Change -43.98%
Long-Term Debt Due $28.20M
YoY Change 94.48%
Total Short-Term Liabilities $464.0M
YoY Change -1.74%
LONG-TERM LIABILITIES
Long-Term Debt $894.7M
YoY Change -2.88%
Other Long-Term Liabilities $110.3M
YoY Change -37.29%
Total Long-Term Liabilities $1.005B
YoY Change -8.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $464.0M
Total Long-Term Liabilities $1.005B
Total Liabilities $1.649B
YoY Change -7.44%
SHAREHOLDERS EQUITY
Retained Earnings $2.464B
YoY Change 5.08%
Common Stock $526.0M
YoY Change 6.16%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.706B
YoY Change
Total Liabilities & Shareholders Equity $3.394B
YoY Change -0.42%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $46.70M
YoY Change 75.56%
Depreciation, Depletion And Amortization $23.10M
YoY Change -1.7%
Cash From Operating Activities $60.00M
YoY Change 31.87%
INVESTING ACTIVITIES
Capital Expenditures $24.70M
YoY Change 14.88%
Acquisitions
YoY Change
Other Investing Activities -$7.100M
YoY Change 129.03%
Cash From Investing Activities -$31.80M
YoY Change 29.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -34.80M
YoY Change 107.14%
NET CHANGE
Cash From Operating Activities 60.00M
Cash From Investing Activities -31.80M
Cash From Financing Activities -34.80M
Net Change In Cash -6.600M
YoY Change -260.98%
FREE CASH FLOW
Cash From Operating Activities $60.00M
Capital Expenditures $24.70M
Free Cash Flow $35.30M
YoY Change 47.08%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-17100000
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
200000
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
547800000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-7900000
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3100000
CY2023Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000
CY2023Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14700000
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
59500000
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1900000
CY2023Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1000000
CY2024Q3 us-gaap Profit Loss
ProfitLoss
47700000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
-18100000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.45
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32100000
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32500000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32300000
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32500000
CY2024Q3 us-gaap Profit Loss
ProfitLoss
47700000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22800000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-21000000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
70500000
CY2023Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-39100000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4600000
CY2023Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-500000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
65900000
CY2023Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-38600000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
317200000
CY2024Q3 us-gaap Goodwill
Goodwill
914300000
CY2023Q4 us-gaap Goodwill
Goodwill
913600000
CY2024Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
222100000
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
231000000
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
17800000
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
16000000
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
105300000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
100200000
CY2024Q3 us-gaap Assets
Assets
3394000000
CY2023Q4 us-gaap Assets
Assets
3346600000
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
60000000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
457300000
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
894700000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
911100000
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
137400000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
139300000
CY2024Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
42800000
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
51700000
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
110300000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
100500000
CY2024Q3 us-gaap Liabilities
Liabilities
1649200000
CY2023Q4 us-gaap Liabilities
Liabilities
1659900000
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
70600000
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
71500000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
10600000
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
10600000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-800000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1100000
mtx Increase Decrease In Operating Capital Excluding Obligation For Pension And Other Postretirement Benefits
IncreaseDecreaseInOperatingCapitalExcludingObligationForPensionAndOtherPostretirementBenefits
55700000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
138300000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
61400000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71000000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-11200000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-100000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
21200000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
317200000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
247200000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
317100000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
268400000
us-gaap Interest Paid Net
InterestPaidNet
51500000
us-gaap Interest Paid Net
InterestPaidNet
50300000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
38100000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
524700000
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
547800000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1600400000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1645400000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
46700000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-19200000
us-gaap Net Income Loss
NetIncomeLoss
113100000
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
922900000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
929100000
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
894700000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
911100000
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
317100000
CY2024Q3 us-gaap Short Term Investments
ShortTermInvestments
7400000
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
4300000
CY2024Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
412500000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
399100000
CY2024Q3 us-gaap Inventory Net
InventoryNet
342200000
CY2023Q4 us-gaap Inventory Net
InventoryNet
325400000
CY2024Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
61600000
CY2024Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
186000000
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1652000000
mtx Increase Decrease In Operating Capital Excluding Obligation For Pension And Other Postretirement Benefits
IncreaseDecreaseInOperatingCapitalExcludingObligationForPensionAndOtherPostretirementBenefits
50900000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
166000000
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
25400000
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
10600000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
200000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
49800000
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
524700000
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1000000
CY2023Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1100000
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
-19200000
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
CY2023Q4 us-gaap Assets Current
AssetsCurrent
1099000000
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2250500000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2190100000
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1256800000
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
28200000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
18000000
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
24700000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
11000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
57400000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13900000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2800000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2800000
CY2024Q3 us-gaap Profit Loss
ProfitLoss
47700000
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
22800000
CY2024Q3 us-gaap Dividends
Dividends
3200000
CY2024Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
600000
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2900000
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1744800000
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-25200000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
-18100000
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-21000000
CY2023Q4 us-gaap Dividends
Dividends
1600000
CY2023Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2800000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1622600000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
100000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32300000
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32500000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32400000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32600000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.45
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.51
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.37
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.59
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
us-gaap Use Of Estimates
UseOfEstimates
<div style="display:none;"><br/></div> <div style="text-align: left; text-indent: -4.5pt; margin-left: 40.5pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic;">Use of Estimates</div> <div><br/> </div> <div style="display:none;"><br/></div> <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">The Company employs accounting policies that are in accordance with U.S. generally accepted accounting principles and require management to make estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reported period. Significant estimates include those related to revenue recognition, valuation of long-lived assets, goodwill and other intangible assets, income taxes, including valuation allowances, contingent liabilities, provision for credit losses, and pension plan assumptions. Actual results could differ from those estimates.</div>
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
6600000
CY2023Q4 us-gaap Restructuring Reserve
RestructuringReserve
3800000
us-gaap Payments For Restructuring
PaymentsForRestructuring
1300000
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.23
CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3000000
CY2024Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
2200000
CY2024Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000
CY2024Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
700000
CY2024Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
166100000
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
144300000
CY2024Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12600000
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
11700000
CY2024Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
107500000
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
113500000
CY2024Q3 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
56000000
CY2023Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
55900000
CY2024Q3 us-gaap Inventory Net
InventoryNet
342200000
CY2023Q4 us-gaap Inventory Net
InventoryNet
325400000
CY2024Q3 us-gaap Goodwill
Goodwill
914300000
CY2023Q4 us-gaap Goodwill
Goodwill
913600000
CY2024Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P29Y
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
325700000
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
103600000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
325700000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
94700000
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P29Y
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3000000
CY2024Q3 mtx Finite Lived Intangible Asset Expected Amortization Years One Through Four
FiniteLivedIntangibleAssetExpectedAmortizationYearsOneThroughFour
46000000
CY2024Q3 mtx Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
173100000
dei City Area Code
CityAreaCode
212
dei Local Phone Number
LocalPhoneNumber
878-1800
dei Security12b Title
Security12bTitle
Common Stock, $0.10 par value
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
31888720
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1600400000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1645400000
CY2024Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
389500000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1185400000
CY2024Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
50100000
CY2023Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
50900000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
156400000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
155000000
CY2024Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5900000
CY2023Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5200000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17300000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
16100000
CY2024Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0
CY2023Q4 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
30000000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0
CY2024Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
CY2023Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
300000
CY2024Q3 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-2600000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13700000
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43200000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14500000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5200000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3000000
us-gaap Profit Loss
ProfitLoss
116200000
us-gaap Profit Loss
ProfitLoss
47600000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3100000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3200000
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
46700000
us-gaap Net Income Loss
NetIncomeLoss
113100000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-9700000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-38200000
CY2024Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-200000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-700000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-1300000
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-2100000
CY2023Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
700000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-600000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1200000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9600000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-38100000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
106600000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
9500000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5100000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
800000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
101500000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8700000
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
53000000
CY2024Q3 us-gaap Assets Current
AssetsCurrent
1140800000
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
85400000
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
28200000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
18000000
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
189800000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
188700000
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
521000000
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
501200000
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2464000000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2360600000
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-380900000
CY2024Q3 us-gaap Minority Interest
MinorityInterest
38800000
CY2023Q4 us-gaap Minority Interest
MinorityInterest
34700000
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1744800000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1686700000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1000000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1000000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9700000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4900000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-89600000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-30100000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1100000
us-gaap Net Income Loss
NetIncomeLoss
44400000
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32100000
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32500000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32200000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32500000
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000
CY2023Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
200000
CY2024Q3 us-gaap Restructuring Reserve
RestructuringReserve
2500000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
43200000
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14500000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.28
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
CY2024Q3 mtx Percentage Of Total Benefit Obligation For International Pension Plans
PercentageOfTotalBenefitObligationForInternationalPensionPlans
0.21
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
76600000
CY2023Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-7900000
us-gaap Operating Income Loss
OperatingIncomeLoss
202400000
us-gaap Operating Income Loss
OperatingIncomeLoss
105000000
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
59500000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-22600000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
154200000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
59100000
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
524700000
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
547800000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1600400000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1645400000
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0000891014
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-29
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-11430
dei Entity Registrant Name
EntityRegistrantName
MINERALS TECHNOLOGIES INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
25-1190717
dei Entity Address Address Line1
EntityAddressAddressLine1
622 Third Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
New York
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10017-6707
dei Trading Symbol
TradingSymbol
MTX
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
CY2023Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
414700000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1263600000
CY2024Q3 us-gaap Gross Profit
GrossProfit
135200000
CY2023Q4 us-gaap Gross Profit
GrossProfit
133100000
us-gaap Gross Profit
GrossProfit
415000000
us-gaap Gross Profit
GrossProfit
381800000
CY2024Q3 us-gaap Severance Costs1
SeveranceCosts1
0
CY2023Q4 us-gaap Severance Costs1
SeveranceCosts1
300000
us-gaap Severance Costs1
SeveranceCosts1
0
us-gaap Severance Costs1
SeveranceCosts1
6900000
CY2024Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2023Q4 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
71700000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
71700000
CY2023Q4 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-12900000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-8900000
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-26800000
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
76600000
us-gaap Operating Income Loss
OperatingIncomeLoss
202400000
us-gaap Operating Income Loss
OperatingIncomeLoss
105000000
CY2024Q3 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-14000000
CY2023Q4 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-15300000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-43800000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-44000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4400000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1900000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-48200000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-45900000
CY2023Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-22600000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
154200000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
59100000
us-gaap Net Income Loss
NetIncomeLoss
44400000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.51
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.36
CY2024Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.1
CY2023Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.05
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.3
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.15
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32200000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32500000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32400000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32600000
CY2023Q4 us-gaap Profit Loss
ProfitLoss
-18100000
us-gaap Profit Loss
ProfitLoss
116200000
us-gaap Profit Loss
ProfitLoss
47600000
CY2023Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-22100000
CY2023Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-400000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1203300000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
993700000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
986800000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
165200000
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
464000000
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
5000000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
4900000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-369400000
CY2024Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
903100000
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
845300000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
1706000000
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3394000000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3346600000
us-gaap Profit Loss
ProfitLoss
116200000
us-gaap Profit Loss
ProfitLoss
47600000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
71700000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
30000000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-11300000
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-6300000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4000000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1800000
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
0
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
200000
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
4200000
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
8500000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
7700000
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
12000000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
8700000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-300000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-77600000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-75800000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7200000
mtx Property Plant And Equipment Additions Related To Asset Retirement Obligations
PropertyPlantAndEquipmentAdditionsRelatedToAssetRetirementObligations
7000000
mtx Property Plant And Equipment Additions Related To Asset Retirement Obligations
PropertyPlantAndEquipmentAdditionsRelatedToAssetRetirementObligations
0
mtx Treasury Stock Purchases Settled After Period End
TreasuryStockPurchasesSettledAfterPeriodEnd
200000
mtx Treasury Stock Purchases Settled After Period End
TreasuryStockPurchasesSettledAfterPeriodEnd
0
mtx Excise Tax Charged To Equity Not Paid
ExciseTaxChargedToEquityNotPaid
400000
mtx Excise Tax Charged To Equity Not Paid
ExciseTaxChargedToEquityNotPaid
0
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1686700000
CY2024Q1 us-gaap Profit Loss
ProfitLoss
47600000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-22700000
CY2024Q1 us-gaap Dividends
Dividends
3200000
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2400000
CY2024Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
15000000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2900000
CY2024Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2800000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1695900000
CY2024Q2 us-gaap Profit Loss
ProfitLoss
20900000
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9600000
CY2024Q2 us-gaap Dividends
Dividends
3300000
CY2024Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
400000
CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
10700000
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
19700000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1697500000
CY2024Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
800000
CY2024Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
23100000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1613200000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
38100000
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8100000
CY2023Q2 us-gaap Dividends
Dividends
1600000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2700000
CY2023Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2700000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1658000000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
27600000
CY2023Q3 us-gaap Dividends
Dividends
1700000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2800000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1661500000
CY2023Q4 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1000000
CY2023Q4 us-gaap Severance Costs1
SeveranceCosts1
300000
CY2024Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2023Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
71700000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
71700000
CY2024Q3 us-gaap Severance Costs1
SeveranceCosts1
0
CY2023Q4 us-gaap Severance Costs1
SeveranceCosts1
300000
us-gaap Severance Costs1
SeveranceCosts1
0
us-gaap Severance Costs1
SeveranceCosts1
6900000
CY2024Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0
CY2023Q4 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
72000000
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
0
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
78600000

Files In Submission

Name View Source Status
0000891014-24-000116-index-headers.html Edgar Link pending
0000891014-24-000116-index.html Edgar Link pending
0000891014-24-000116.txt Edgar Link pending
0000891014-24-000116-xbrl.zip Edgar Link pending
ex15.htm Edgar Link pending
ex31_1.htm Edgar Link pending
ex31_2.htm Edgar Link pending
ex32.htm Edgar Link pending
ex95.htm Edgar Link pending
ex99.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
form10q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
mtx-20240929.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
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
form10q_htm.xml Edgar Link completed
mtx-20240929_cal.xml Edgar Link unprocessable
mtx-20240929_lab.xml Edgar Link unprocessable
mtx-20240929_pre.xml Edgar Link unprocessable
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
mtx-20240929_def.xml Edgar Link unprocessable