Minerals Technologies Inc: Form 10-Q for the period ended Jul 3, 2022
Filed with the SEC on Jul 29, 2022 and accepted by EDGAR at Jul 29, 2022, 15:05 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2022-07-03. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2022-04-04 to 2022-07-03 | $557.0m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2022-01-01 to 2022-07-03 | $1.08bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2022-04-04 to 2022-07-03 | $429.7m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2022-01-01 to 2022-07-03 | $827.1m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2022-04-04 to 2022-07-03 | $127.3m | us-gaap:GrossProfit |
| Gross profit | 6 months2022-01-01 to 2022-07-03 | $249.0m | us-gaap:GrossProfit |
| Research and development | 3 months2022-04-04 to 2022-07-03 | $5.0m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 6 months2022-01-01 to 2022-07-03 | $10.1m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2022-04-04 to 2022-07-03 | $48.8m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2022-01-01 to 2022-07-03 | $97.6m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2022-04-04 to 2022-07-03 | $69.4m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2022-01-01 to 2022-07-03 | $135.6m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2022-04-04 to 2022-07-03 | $10.4m | us-gaap:InterestExpense |
| Interest expense | 6 months2022-01-01 to 2022-07-03 | $20.2m | us-gaap:InterestExpense |
| Income tax | 3 months2022-04-04 to 2022-07-03 | $11.4m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2022-01-01 to 2022-07-03 | $22.6m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2022-04-04 to 2022-07-03 | $44.9m | us-gaap:NetIncomeLoss |
| Net income | 6 months2022-01-01 to 2022-07-03 | $89.0m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2022-04-04 to 2022-07-03 | $1.36 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2022-01-01 to 2022-07-03 | $2.69 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2022-04-04 to 2022-07-03 | $1.37 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2022-01-01 to 2022-07-03 | $2.70 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2022-04-04 to 2022-07-03 | 32,900,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2022-01-01 to 2022-07-03 | 33,100,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2022-01-01 to 2022-07-03 | $33.2m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2022-01-01 to 2022-07-03 | $40.2m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 6 months2022-01-01 to 2022-07-03 | $3.3m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 6 months2022-01-01 to 2022-07-03 | $40.7m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2022-07-03 | $234.7m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2022-07-03 | $1.07bn | us-gaap:AssetsCurrent |
| Total assets | At period end2022-07-03 | $3.40bn | us-gaap:Assets |
| Current liabilities | At period end2022-07-03 | $465.9m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2022-07-03 | $1.83bn | us-gaap:Liabilities |
| Long-term debt | At period end2022-07-03 | $939.3m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2022-07-03 | $800.0k | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2022-07-03 | $110.0m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2022-07-03 | $1.54bn | us-gaap:StockholdersEquity |
| Shares outstanding | At period end2022-07-12 | 32,594,693 shares | dei:EntityCommonStockSharesOutstanding |
Source: SEC EDGAR, the filing index for accession 0000891014-22-000042. Last ingested by Listed: Oct 30, 2026, 15:40 ET. Listed shows no prices and gives no investment advice.