XML 60 R46.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Debt (Details Textual) | 3 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | ---
Sep. 30, 2017 | Jun. 30, 2017 USD ($) Rate | Dec. 31, 2016 USD ($) | Jun. 30, 2016 USD ($)
Debt (Textual) [Abstract] |  |  |  |
Senior revolving credit facility | $ |  | $ 300,000,000 | $ 250,000,000 | $ 200,000,000
Line of Credit Facility, Expiration Date |  | Feb. 08, 2022 |  |
Leverage Ratio, Maximum |  | 3.00 |  |
Leverage Ratio, Minimum |  | 1.00 |  |
Fixed Charge Coverage Ratio, Maximum |  | 1.25 |  |
Fixed Charge Coverage Ratio, Minimum |  | 1.00 |  |
Limit on asset dispositions | $ |  | $ 20.0 |  |
Sublimit on Australian Dollar, Canadian Dollar, Euro and Pounds Sterling | $ |  | 75.0 |  |
Sublimit on letters of credit under the credit facility | $ |  | $ 200.0 |  |
Additional Margin on alternate base rate loans, Minimum |  | 0.625% |  |
Additional Margin on alternate base rate loans, Maximum |  | 1.625% |  |
Line Of Credit Basis Spread On Adjusted LIBO, EURIBO and CDOR Minimum |  | 1.625% |  |
Line Of Credit Basis Spread On Adjusted LIBO, EURIBO and CDOR Maximum |  | 2.625% |  |
Line Of Credit Basis Spread On Canadian Prime Rate Minimum |  | 2.125% |  |
Line Of Credit Basis Spread On Canadian Prime Rate Maximum |  | 3.125% |  |
Maximum limit of consolidated funded indebtedness |  | 3.0 |  |
Consolidated EBITDA as defined in the Credit Agreement | $ |  | $ 43,600,000 |  |
Consolidated Funded Indebtedness | $ |  | $ 52,500,000 |  |
Subsequent Events [Abstract] |  |  |  |
Subsequent Event, Description | Subsequent Event On August 31, 2017, the Company entered in to an amendment to its Credit Agreement, which provided the following:
• | The maximum permitted Leverage Ratio was temporarily increased to 4.00 to 1.00 for the quarters ending September 30, 2017, and December 31, 2017. The maximum Leverage Ratio will revert back to 3.00 to 1.00 beginning with the quarter ending March 31, 2018.
• | The Fixed Charge Coverage Ratio will not be tested for the quarters ending September 30, 2017 and December 31, 2017, but will be in effect and tested quarterly thereafter beginning with the quarter ending March 31, 2018.
• | A new minimum Consolidated EBITDA covenant was added solely for the four-quarter period ending December 31, 2017. For this period, the Company is required to achieve Consolidated EBITDA of $15.0 million.
• | The Restricted Payments covenant was amended to restrict cash dividends and share repurchases during the period beginning August 31, 2017 and ending December 31, 2017 to an aggregate basket of $5.0 million. In addition, during such period, both cash dividends and share repurchases are prohibited unless the pro forma Leverage Ratio is less than or equal to 2.50 to 1.00. Thereafter, the restriction reverts back to limiting cash dividends to 50% of net income for each fiscal year, and limiting share repurchases to $30.0 million per calendar year.
• | An additional increased pricing tier was added for the "Covenant Relief Period" beginning on August 31, 2017 and ending on the date we deliver our financial statements and compliance certificate for the fiscal quarter ending December 31, 2017. If our Leverage Ratio as of any quarterly calculation date during the Covenant Relief Period exceeds 3.00 to 1.00: (1) the Applicable Margin on ABR loans will be 1.875%; (2) the Applicable Margin for Adjusted LIBO, EURIBO and CDOR will be 2.875%; (3) the Applicable Margin for Canadian Prime Rate loans will be 3.375%; and (4) the unused credit facility fee will be 0.50%.
Minimum [Member] |  |  |  |
Debt (Textual) [Abstract] |  |  |  |
Unused Credit Facility Fee |  | 0.25% |  |
Maximum [Member] |  |  |  |
Debt (Textual) [Abstract] |  |  |  |
Unused Credit Facility Fee |  | 0.45% |  |

X
- Definition Amount of limit on asset dispositions. + References No definition available. + Details
Name: | mtrx_AmountOfLimitOnAssetDispositions
Namespace Prefix: | mtrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Consolidated earnings before interest taxes depreciation and amortization per credit. + References No definition available. + Details
Name: | mtrx_ConsolidatedEarningsBeforeInterestTaxesDepreciationAndAmortizationPerCreditAgreement
Namespace Prefix: | mtrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Consolidated Funded Indebtedness + References No definition available. + Details
Name: | mtrx_ConsolidatedFundedIndebtedness
Namespace Prefix: | mtrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Debt. + References No definition available. + Details
Name: | mtrx_DebtTextualAbstract
Namespace Prefix: | mtrx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fixed charge coverage ratio maximum. + References No definition available. + Details
Name: | mtrx_FixedChargeCoverageRatioMaximum
Namespace Prefix: | mtrx_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fixed charge coverage ratio minimum. + References No definition available. + Details
Name: | mtrx_FixedChargeCoverageRatioMinimum
Namespace Prefix: | mtrx_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit basis spread on Adjusted LIBO, EURIBO and CDOR loans rate maximum. + References No definition available. + Details
Name: | mtrx_LineOfCreditBasisSpreadOnAdjustedLIBOEURIBOandCDORMaximum
Namespace Prefix: | mtrx_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit basis spread on Adjusted LIBO, EURIBO and CDOR loans rate minimum. + References No definition available. + Details
Name: | mtrx_LineOfCreditBasisSpreadOnAdjustedLIBOEURIBOandCDORMinimum
Namespace Prefix: | mtrx_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit basis spread on alternate base rate maximum. + References No definition available. + Details
Name: | mtrx_LineOfCreditBasisSpreadOnAlternateBaseRateMaximum
Namespace Prefix: | mtrx_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit basis spread on alternate base rate minimum. + References No definition available. + Details
Name: | mtrx_LineOfCreditBasisSpreadOnAlternateBaseRateMinimum
Namespace Prefix: | mtrx_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit basis spread on Canadian prime rate maximum. + References No definition available. + Details
Name: | mtrx_LineOfCreditBasisSpreadOnCanadianPrimeRateMaximum
Namespace Prefix: | mtrx_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line of credit basis spread on Canadian prime rate minimum. + References No definition available. + Details
Name: | mtrx_LineOfCreditBasisSpreadOnCanadianPrimeRateMinimum
Namespace Prefix: | mtrx_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum limit of consolidated funded indebtedness. + References No definition available. + Details
Name: | mtrx_MaximumLimitOfConsolidatedFundedIndebtedness
Namespace Prefix: | mtrx_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition Senior leverage ratio maximum. + References No definition available. + Details
Name: | mtrx_SeniorLeverageRatioMaximum
Namespace Prefix: | mtrx_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Senior leverage ratio minimum. + References No definition available. + Details
Name: | mtrx_SeniorLeverageRatioMinimum
Namespace Prefix: | mtrx_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sublimit on Australian Dollar, Canadian Dollar, Euro and Pounds Sterling + References No definition available. + Details
Name: | mtrx_SublimitonAustralianDollarCanadianDollarEuroandPoundsSterling
Namespace Prefix: | mtrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Sub-limit on letters of credit under the credit facility. + References No definition available. + Details
Name: | mtrx_Sublimitonlettersofcreditunderthecreditfacility
Namespace Prefix: | mtrx_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Date the credit facility terminates, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityExpirationDate1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Describes the event or transaction that occurred between the balance sheet date and the date the financial statements are issued or available to be issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
Name: | us-gaap_SubsequentEventDescription
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RangeAxis=us-gaap_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |