Minerals Technologies Inc: Form 10-Q for the period ended Jul 2, 2023
Filed with the SEC on Jul 28, 2023 and accepted by EDGAR at Jul 28, 2023, 16:21 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-07-02. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2023-04-03 to 2023-07-02 | $551.5m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2023-01-01 to 2023-07-02 | $1.10bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2023-04-03 to 2023-07-02 | $423.5m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2023-01-01 to 2023-07-02 | $848.9m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2023-04-03 to 2023-07-02 | $128.0m | us-gaap:GrossProfit |
| Gross profit | 6 months2023-01-01 to 2023-07-02 | $248.7m | us-gaap:GrossProfit |
| Research and development | 3 months2023-04-03 to 2023-07-02 | $5.6m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 6 months2023-01-01 to 2023-07-02 | $10.9m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2023-04-03 to 2023-07-02 | $51.8m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2023-01-01 to 2023-07-02 | $104.1m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2023-04-03 to 2023-07-02 | $49.9m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2023-01-01 to 2023-07-02 | $112.9m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2023-04-03 to 2023-07-02 | $14.5m | us-gaap:InterestExpense |
| Interest expense | 6 months2023-01-01 to 2023-07-02 | $28.7m | us-gaap:InterestExpense |
| Income tax | 3 months2023-04-03 to 2023-07-02 | $7.5m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2023-01-01 to 2023-07-02 | $18.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-04-03 to 2023-07-02 | $26.6m | us-gaap:NetIncomeLoss |
| Net income | 6 months2023-01-01 to 2023-07-02 | $63.6m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-04-03 to 2023-07-02 | $0.82 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2023-01-01 to 2023-07-02 | $1.96 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-04-03 to 2023-07-02 | $0.82 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2023-01-01 to 2023-07-02 | $1.96 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-04-03 to 2023-07-02 | 32,600,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2023-01-01 to 2023-07-02 | 32,500,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2023-01-01 to 2023-07-02 | $79.2m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 6 months2023-01-01 to 2023-07-02 | $45.9m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 6 months2023-01-01 to 2023-07-02 | $3.3m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 6 months2023-01-01 to 2023-07-02 | $0 | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2023-07-02 | $247.1m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2023-07-02 | $1.08bn | us-gaap:AssetsCurrent |
| Total assets | At period end2023-07-02 | $3.41bn | us-gaap:Assets |
| Current liabilities | At period end2023-07-02 | $472.2m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2023-07-02 | $1.75bn | us-gaap:Liabilities |
| Long-term debt | At period end2023-07-02 | $921.2m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2023-07-02 | $14.5m | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2023-07-02 | $107.1m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2023-07-02 | $1.63bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000891014-23-000074. Last ingested by Listed: Oct 30, 2026, 15:40 ET. Listed shows no prices and gives no investment advice.