XML 23 R10.htm IDEA: XBRL DOCUMENT
v3.20.2

Earnings per Share (EPS) | 9 Months Ended
--- | ---
Sep. 27, 2020
Earnings per Share [Abstract] |
Earnings per Share (EPS) | Note 4. Earnings per Share (EPS) Basic earnings per share are based upon the weighted average number of common shares outstanding during the period. Diluted earnings per share are based upon the weighted average number of common shares outstanding during the period assuming the issuance of common shares for all potentially dilutive common shares outstanding. The following table sets forth the computation of basic and diluted earnings per share:
|  | Three Months Ended |  |  | Nine Months Ended |
(in millions, except per share data) |  | Sep. 27, 2020 |  |  | Sep. 29, 2019 |  |  | Sep. 27, 2020 |  |  | Sep. 29, 2019 |
Net income attributable to Minerals Technologies Inc. |  | $ | 28.3 |  |  | $ | 38.0 |  |  | $ | 81.3 |  |  | $ | 103.7 |
Weighted average shares outstanding |  |  | 34.1 |  |  |  | 35.0 |  |  |  | 34.2 |  |  |  | 35.1 |
Dilutive effect of stock options and stock units |  |  | — |  |  |  | 0.1 |  |  |  | — |  |  |  | 0.1 |
Weighted average shares outstanding, adjusted |  |  | 34.1 |  |  |  | 35.1 |  |  |  | 34.2 |  |  |  | 35.2 |
Basic earnings per share attributable to Minerals Technologies Inc. |  | $ | 0.83 |  |  | $ | 1.09 |  |  | $ | 2.38 |  |  | $ | 2.95 |
Diluted earnings per share attributable to Minerals Technologies Inc. |  | $ | 0.83 |  |  | $ | 1.08 |  |  | $ | 2.38 |  |  | $ | 2.95 |
Options to purchase 1,054,428 shares and 456,693 shares of common stock for the three-month and nine-month periods ended September 27, 2020 and September 29, 2019, respectively, were not included in the computation of diluted earnings per share because they were anti-dilutive, as the exercise prices of the options were greater than the average market price of the common shares.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration