Minerals Technologies Inc: Form 10-Q for the period ended Oct 1, 2023
Filed with the SEC on Oct 27, 2023 and accepted by EDGAR at Oct 27, 2023, 15:32 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-10-01. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2023-07-03 to 2023-10-01 | $547.8m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2023-01-01 to 2023-10-01 | $1.65bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2023-07-03 to 2023-10-01 | $414.7m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2023-01-01 to 2023-10-01 | $1.26bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2023-07-03 to 2023-10-01 | $133.1m | us-gaap:GrossProfit |
| Gross profit | 9 months2023-01-01 to 2023-10-01 | $381.8m | us-gaap:GrossProfit |
| Research and development | 3 months2023-07-03 to 2023-10-01 | $5.2m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2023-01-01 to 2023-10-01 | $16.1m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2023-07-03 to 2023-10-01 | $50.9m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2023-01-01 to 2023-10-01 | $155.0m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2023-07-03 to 2023-10-01 | −$7.9m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2023-01-01 to 2023-10-01 | $105.0m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2023-07-03 to 2023-10-01 | $15.3m | us-gaap:InterestExpense |
| Interest expense | 9 months2023-01-01 to 2023-10-01 | $44.0m | us-gaap:InterestExpense |
| Income tax | 3 months2023-07-03 to 2023-10-01 | −$3.5m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2023-01-01 to 2023-10-01 | $14.5m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-07-03 to 2023-10-01 | −$19.2m | us-gaap:NetIncomeLoss |
| Net income | 9 months2023-01-01 to 2023-10-01 | $44.4m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-07-03 to 2023-10-01 | −$0.59 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2023-01-01 to 2023-10-01 | $1.36 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-07-03 to 2023-10-01 | −$0.59 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2023-01-01 to 2023-10-01 | $1.37 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-07-03 to 2023-10-01 | 32,500,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2023-01-01 to 2023-10-01 | 32,600,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2023-01-01 to 2023-10-01 | $138.3m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2023-01-01 to 2023-10-01 | $71.0m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 9 months2023-01-01 to 2023-10-01 | $4.9m | us-gaap:PaymentsOfDividendsCommonStock |
| Share repurchases | 9 months2023-01-01 to 2023-10-01 | $0 | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | At period end2023-10-01 | $268.4m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2023-10-01 | $1.09bn | us-gaap:AssetsCurrent |
| Total assets | At period end2023-10-01 | $3.34bn | us-gaap:Assets |
| Current liabilities | At period end2023-10-01 | $473.5m | us-gaap:LiabilitiesCurrent |
| Total liabilities | At period end2023-10-01 | $1.72bn | us-gaap:Liabilities |
| Long-term debt | At period end2023-10-01 | $918.0m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2023-10-01 | $14.4m | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2023-10-01 | $109.2m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2023-10-01 | $1.59bn | us-gaap:StockholdersEquity |
Source: SEC EDGAR, the filing index for accession 0000891014-23-000103. Last ingested by Listed: Oct 30, 2026, 15:40 ET. Listed shows no prices and gives no investment advice.