MATERION Corp: Form 10-Q for the period ended Sep 29, 2023
Filed with the SEC on Nov 1, 2023 and accepted by EDGAR at Nov 1, 2023, 15:29 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2023-09-29. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2023-07-01 to 2023-09-29 | $403.1m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2023-01-01 to 2023-09-29 | $1.24bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2023-07-01 to 2023-09-29 | $314.1m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2023-01-01 to 2023-09-29 | $974.8m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2023-07-01 to 2023-09-29 | $88.9m | us-gaap:GrossProfit |
| Gross profit | 9 months2023-01-01 to 2023-09-29 | $269.3m | us-gaap:GrossProfit |
| Research and development | 3 months2023-07-01 to 2023-09-29 | $6.3m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2023-01-01 to 2023-09-29 | $21.1m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2023-07-01 to 2023-09-29 | $38.8m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2023-01-01 to 2023-09-29 | $118.1m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2023-07-01 to 2023-09-29 | $36.5m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2023-01-01 to 2023-09-29 | $108.8m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2023-07-01 to 2023-09-29 | $7.7m | us-gaap:InterestExpense |
| Interest expense | 9 months2023-01-01 to 2023-09-29 | $22.8m | us-gaap:InterestExpense |
| Income tax | 3 months2023-07-01 to 2023-09-29 | $3.0m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2023-01-01 to 2023-09-29 | $11.9m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2023-07-01 to 2023-09-29 | $26.6m | us-gaap:NetIncomeLoss |
| Net income | 9 months2023-01-01 to 2023-09-29 | $76.2m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2023-07-01 to 2023-09-29 | $1.27 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2023-01-01 to 2023-09-29 | $3.65 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2023-07-01 to 2023-09-29 | $1.29 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2023-01-01 to 2023-09-29 | $3.70 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2023-07-01 to 2023-09-29 | 20,905,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2023-01-01 to 2023-09-29 | 20,891,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2023-01-01 to 2023-09-29 | $84.5m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2023-01-01 to 2023-09-29 | $85.3m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 9 months2023-01-01 to 2023-09-29 | $7.9m | us-gaap:PaymentsOfDividendsCommonStock |
| Cash and equivalents | At period end2023-09-29 | $16.4m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2023-09-29 | $709.6m | us-gaap:AssetsCurrent |
| Total assets | At period end2023-09-29 | $1.75bn | us-gaap:Assets |
| Current liabilities | At period end2023-09-29 | $217.2m | us-gaap:LiabilitiesCurrent |
| Long-term debt | At period end2023-09-29 | $425.4m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2023-09-29 | $38.6m | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2023-09-29 | $38.6m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2023-09-29 | $872.0m | us-gaap:StockholdersEquity |
| Shares outstanding | At period end2023-09-29 | 20,642,396 shares | dei:EntityCommonStockSharesOutstanding |
Source: SEC EDGAR, the filing index for accession 0001104657-23-000155. Last ingested by Listed: Nov 4, 2026, 15:28 ET. Listed shows no prices and gives no investment advice.