Minerals Technologies Inc: Form 10-Q for the period ended Oct 3, 2021
Filed with the SEC on Nov 5, 2021 and accepted by EDGAR at Nov 5, 2021, 15:04 ET.
Sections
The sections of this filing are being extracted from EDGAR and appear here in about a minute. Meanwhile, read the original on sec.gov. The main document on sec.gov.
Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2021-10-03. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2021-07-05 to 2021-10-03 | $473.2m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2021-01-01 to 2021-10-03 | $1.38bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2021-07-05 to 2021-10-03 | $359.9m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2021-01-01 to 2021-10-03 | $1.04bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2021-07-05 to 2021-10-03 | $113.3m | us-gaap:GrossProfit |
| Gross profit | 9 months2021-01-01 to 2021-10-03 | $340.5m | us-gaap:GrossProfit |
| Research and development | 3 months2021-07-05 to 2021-10-03 | $4.6m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2021-01-01 to 2021-10-03 | $14.5m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2021-07-05 to 2021-10-03 | $45.5m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2021-01-01 to 2021-10-03 | $139.9m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2021-07-05 to 2021-10-03 | $60.6m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2021-01-01 to 2021-10-03 | $183.1m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2021-07-05 to 2021-10-03 | $9.2m | us-gaap:InterestExpense |
| Interest expense | 9 months2021-01-01 to 2021-10-03 | $28.2m | us-gaap:InterestExpense |
| Income tax | 3 months2021-07-05 to 2021-10-03 | $8.9m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2021-01-01 to 2021-10-03 | $27.6m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2021-07-05 to 2021-10-03 | $41.4m | us-gaap:NetIncomeLoss |
| Net income | 9 months2021-01-01 to 2021-10-03 | $123.2m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2021-07-05 to 2021-10-03 | $1.22 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2021-01-01 to 2021-10-03 | $3.63 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2021-07-05 to 2021-10-03 | $1.24 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2021-01-01 to 2021-10-03 | $3.66 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2021-07-05 to 2021-10-03 | 33,800,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2021-01-01 to 2021-10-03 | 33,900,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2021-01-01 to 2021-10-03 | $163.1m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2021-01-01 to 2021-10-03 | $63.0m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 9 months2021-01-01 to 2021-10-03 | $5.1m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 9 months2021-01-01 to 2021-10-03 | $62.9m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2021-10-03 | $309.9m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2021-10-03 | $1.03bn | us-gaap:AssetsCurrent |
| Total assets | At period end2021-10-03 | $3.38bn | us-gaap:Assets |
| Current liabilities | At period end2021-10-03 | $423.3m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2021-10-03 | $1.84bn | us-gaap:Liabilities |
| Long-term debt | At period end2021-10-03 | $935.3m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2021-10-03 | $800.0k | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2021-10-03 | $100.5m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2021-10-03 | $1.51bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000891014-21-000050. Last ingested by Listed: Oct 30, 2026, 15:40 ET. Listed shows no prices and gives no investment advice.