Minerals Technologies Inc: Form 10-Q for the period ended Oct 2, 2022
Filed with the SEC on Oct 28, 2022 and accepted by EDGAR at Oct 28, 2022, 15:31 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2022-10-02. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2022-07-04 to 2022-10-02 | $541.9m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2022-01-01 to 2022-10-02 | $1.62bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2022-07-04 to 2022-10-02 | $423.6m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2022-01-01 to 2022-10-02 | $1.25bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2022-07-04 to 2022-10-02 | $118.3m | us-gaap:GrossProfit |
| Gross profit | 9 months2022-01-01 to 2022-10-02 | $367.3m | us-gaap:GrossProfit |
| Research and development | 3 months2022-07-04 to 2022-10-02 | $5.1m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2022-01-01 to 2022-10-02 | $15.2m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2022-07-04 to 2022-10-02 | $46.0m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2022-01-01 to 2022-10-02 | $143.6m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2022-07-04 to 2022-10-02 | $35.6m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2022-01-01 to 2022-10-02 | $171.2m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2022-07-04 to 2022-10-02 | $11.0m | us-gaap:InterestExpense |
| Interest expense | 9 months2022-01-01 to 2022-10-02 | $31.2m | us-gaap:InterestExpense |
| Income tax | 3 months2022-07-04 to 2022-10-02 | $3.2m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2022-01-01 to 2022-10-02 | $25.8m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2022-07-04 to 2022-10-02 | $13.4m | us-gaap:NetIncomeLoss |
| Net income | 9 months2022-01-01 to 2022-10-02 | $102.4m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2022-07-04 to 2022-10-02 | $0.41 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2022-01-01 to 2022-10-02 | $3.11 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2022-07-04 to 2022-10-02 | $0.41 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2022-01-01 to 2022-10-02 | $3.12 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2022-07-04 to 2022-10-02 | 32,600,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2022-01-01 to 2022-10-02 | 32,900,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2022-01-01 to 2022-10-02 | $63.6m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2022-01-01 to 2022-10-02 | $59.4m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 9 months2022-01-01 to 2022-10-02 | $4.9m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 9 months2022-01-01 to 2022-10-02 | $56.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2022-10-02 | $224.1m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2022-10-02 | $1.07bn | us-gaap:AssetsCurrent |
| Total assets | At period end2022-10-02 | $3.39bn | us-gaap:Assets |
| Current liabilities | At period end2022-10-02 | $493.5m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2022-10-02 | $1.85bn | us-gaap:Liabilities |
| Long-term debt | At period end2022-10-02 | $944.9m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2022-10-02 | $700.0k | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2022-10-02 | $118.5m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2022-10-02 | $1.50bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000891014-22-000053. Last ingested by Listed: Oct 30, 2026, 15:40 ET. Listed shows no prices and gives no investment advice.