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Earnings Per Share (EPS) (Tables) | 9 Months Ended
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Sep. 30, 2018
Earnings Per Share (EPS) [Abstract] |
Computation of Basic and Diluted Earnings Per Share | The following table sets forth the computation of basic and diluted earnings per share:
|  | Three Months Ended |  |  | Nine Months Ended |
|  | Sep. 30, 2018 |  |  | Oct. 1, 2017 |  |  | Sep. 30, 2018 |  |  | Oct. 1, 2017 |
(in millions, except per share data) |  |  |
Net income attributable to MTI |  | $ | 41.9 |  |  | $ | 41.7 |  |  | $ | 125.9 |  |  | $ | 119.3 |
Weighted average shares outstanding |  |  | 35.3 |  |  |  | 35.3 |  |  |  | 35.3 |  |  |  | 35.1 |
Dilutive effect of stock options and stock units |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.5 |
Weighted average shares outstanding, adjusted |  |  | 35.6 |  |  |  | 35.6 |  |  |  | 35.6 |  |  |  | 35.6 |
Basic earnings per share attributable to MTI |  | $ | 1.19 |  |  | $ | 1.18 |  |  | $ | 3.57 |  |  | $ | 3.40 |
Diluted earnings per share attributable to MTI |  | $ | 1.18 |  |  | $ | 1.17 |  |  | $ | 3.54 |  |  | $ | 3.35 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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