MATERION Corp: Form 10-Q for the period ended Sep 27, 2024
Filed with the SEC on Oct 30, 2024 and accepted by EDGAR at Oct 30, 2024, 15:59 ET.
Sections
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Figures reported in this filing
Standardized line items from the XBRL in this filing, for the period ended 2024-09-27. Comparative periods it repeats are left out.
| Line item | Period | Value | XBRL concept |
|---|---|---|---|
| Revenue | 3 months2024-06-29 to 2024-09-27 | $436.7m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Revenue | 9 months2024-01-01 to 2024-09-27 | $1.25bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 3 months2024-06-29 to 2024-09-27 | $355.8m | us-gaap:CostOfGoodsAndServicesSold |
| Cost of revenue | 9 months2024-01-01 to 2024-09-27 | $1.01bn | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 3 months2024-06-29 to 2024-09-27 | $80.9m | us-gaap:GrossProfit |
| Gross profit | 9 months2024-01-01 to 2024-09-27 | $233.0m | us-gaap:GrossProfit |
| Research and development | 3 months2024-06-29 to 2024-09-27 | $7.9m | us-gaap:ResearchAndDevelopmentExpense |
| Research and development | 9 months2024-01-01 to 2024-09-27 | $22.7m | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 3 months2024-06-29 to 2024-09-27 | $35.0m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Selling, general and administrative | 9 months2024-01-01 to 2024-09-27 | $104.5m | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 3 months2024-06-29 to 2024-09-27 | $31.3m | us-gaap:OperatingIncomeLoss |
| Operating income | 9 months2024-01-01 to 2024-09-27 | $85.6m | us-gaap:OperatingIncomeLoss |
| Interest expense | 3 months2024-06-29 to 2024-09-27 | $8.8m | us-gaap:InterestExpenseNonoperating |
| Interest expense | 9 months2024-01-01 to 2024-09-27 | $25.9m | us-gaap:InterestExpenseNonoperating |
| Income tax | 3 months2024-06-29 to 2024-09-27 | $768.0k | us-gaap:IncomeTaxExpenseBenefit |
| Income tax | 9 months2024-01-01 to 2024-09-27 | $6.8m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 3 months2024-06-29 to 2024-09-27 | $22.3m | us-gaap:NetIncomeLoss |
| Net income | 9 months2024-01-01 to 2024-09-27 | $54.7m | us-gaap:NetIncomeLoss |
| Diluted EPS | 3 months2024-06-29 to 2024-09-27 | $1.07 | us-gaap:EarningsPerShareDiluted |
| Diluted EPS | 9 months2024-01-01 to 2024-09-27 | $2.61 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 3 months2024-06-29 to 2024-09-27 | $1.07 | us-gaap:EarningsPerShareBasic |
| Basic EPS | 9 months2024-01-01 to 2024-09-27 | $2.64 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 3 months2024-06-29 to 2024-09-27 | 20,920,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Diluted shares (weighted) | 9 months2024-01-01 to 2024-09-27 | 20,935,000 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 9 months2024-01-01 to 2024-09-27 | $11.6m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 9 months2024-01-01 to 2024-09-27 | $50.7m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Dividends paid | 9 months2024-01-01 to 2024-09-27 | $8.3m | us-gaap:PaymentsOfDividendsCommonStock |
| Cash and equivalents | At period end2024-09-27 | $17.9m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | At period end2024-09-27 | $795.4m | us-gaap:AssetsCurrent |
| Total assets | At period end2024-09-27 | $1.86bn | us-gaap:Assets |
| Current liabilities | At period end2024-09-27 | $252.8m | us-gaap:LiabilitiesCurrent |
| Long-term debt | At period end2024-09-27 | $457.8m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | At period end2024-09-27 | $37.5m | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | At period end2024-09-27 | $37.5m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | At period end2024-09-27 | $931.9m | us-gaap:StockholdersEquity |
| Shares outstanding | At period end2024-09-27 | 20,751,282 shares | dei:EntityCommonStockSharesOutstanding |
Source: SEC EDGAR, the filing index for accession 0001104657-24-000146. Last ingested by Listed: Nov 4, 2026, 15:28 ET. Listed shows no prices and gives no investment advice.