MATERION Corp: Form 10-Q for the period ended Jun 28, 2024
Filed with the SEC on Aug 6, 2024 and accepted by EDGAR at Aug 6, 2024, 15:46 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2024-06-28. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2024-03-30 to 2024-06-28 | $425.9m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 6 months2024-01-01 to 2024-06-28 | $811.2m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2024-03-30 to 2024-06-28 | $345.0m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 6 months2024-01-01 to 2024-06-28 | $659.1m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2024-03-30 to 2024-06-28 | $80.9m | us-gaap:GrossProfit |
| Gross profit | 6 months2024-01-01 to 2024-06-28 | $152.1m | us-gaap:GrossProfit |
| Research and development | 3 months2024-03-30 to 2024-06-28 | $7.7m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 6 months2024-01-01 to 2024-06-28 | $14.8m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2024-03-30 to 2024-06-28 | $33.6m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 6 months2024-01-01 to 2024-06-28 | $69.4m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2024-03-30 to 2024-06-28 | $32.1m | us-gaap:OperatingIncomeLoss |
| Operating income | 6 months2024-01-01 to 2024-06-28 | $54.3m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2024-03-30 to 2024-06-28 | $8.8m | us-gaap:InterestExpenseNonoperating |
| Interest expense | 6 months2024-01-01 to 2024-06-28 | $17.1m | us-gaap:InterestExpenseNonoperating |
| Income tax | 3 months2024-03-30 to 2024-06-28 | $4.9m | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 6 months2024-01-01 to 2024-06-28 | $6.1m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2024-03-30 to 2024-06-28 | $19.0m | us-gaap:NetIncomeLoss |
| Net income | 6 months2024-01-01 to 2024-06-28 | $32.4m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2024-03-30 to 2024-06-28 | $0.91 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 6 months2024-01-01 to 2024-06-28 | $1.55 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2024-03-30 to 2024-06-28 | $0.92 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 6 months2024-01-01 to 2024-06-28 | $1.57 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2024-03-30 to 2024-06-28 | 20,914,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 6 months2024-01-01 to 2024-06-28 | 20,937,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 6 months2024-01-01 to 2024-06-28 | $6.5m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Dividends paid | 6 months2024-01-01 to 2024-06-28 | $5.5m | us-gaap:PaymentsOfDividendsCommonStock |
| Cash and equivalents | At period end2024-06-28 | $17.1m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2024-06-28 | $739.1m | us-gaap:AssetsCurrent |
| Total assets | At period end2024-06-28 | $1.80bn | us-gaap:Assets |
| Current liabilities | At period end2024-06-28 | $227.5m | us-gaap:LiabilitiesCurrent |
| Long-term debt | At period end2024-06-28 | $446.0m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2024-06-28 | $38.8m | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2024-06-28 | $38.8m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2024-06-28 | $907.1m | us-gaap:StockholdersEquity |
| Shares outstanding | At period end2024-06-28 | 20,747,039 shares | dei:EntityCommonStockSharesOutstanding |
Source: SEC EDGAR, the filing index for accession 0001104657-24-000116. Last ingested by Listed: Nov 4, 2026, 15:28 ET. Listed shows no prices and gives no investment advice.