Minerals technologies inc (MTX)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Statements of Income [Abstract]
Total net sales

1,791

1,807

1,675

1,638

1,797

1,725

1,018

996

1,032

1,002

907

1,112

Total cost of sales

1,350

1,346

1,208

1,177

1,326

1,289

784

774

-

-

-

-

Production margin

440

461

467

460

471

435

233

222

214

209

155

220

Marketing and administrative expenses

187

178

180

176

190

182

89

88

91

90

91

101

Research and development expenses

20

22

23

23

23

24

20

20

19

19

19

23

Insurance / litigation settlement (gain)

-

-

-

-

-

2

2

0

0

-

-

-

Amortization expense of intangible assets acquired

-

-

-

-

-

-

0

0

-

-

-

-

Acquisition-related transaction and integration costs

0

1

3

8

11

19

0

0

-

-

-

-

Litigation expenses

10

0

0

-

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-

-

-

-

-

39

0

Total restructuring and other items, net

13

2

15

28

45

43

0

0

-0

0

22

13

Income from operations

208

255

244

223

200

168

126

113

104

98

-17

81

Interest income

-

-

-

-

-

-

-

-

3

2

2

4

Interest expense, net

43

45

43

54

60

41

0

0

3

3

3

5

The debt modification costs and fees.

0

0

3

0

-

-

-

-

-

-

-

-

Non-cash pension settlement costs during the period.

0

4

0

0

-

-

-

-

-

-

-

-

Extinguishment of debt costs and fees

-

-

-

-

4

-5

0

0

-

-

-

-

Foreign exchange losses

-

-

-

-

-

-

-

-

-1

0

-2

1

Other non-operating income (deductions), net

-8

-1

-6

0

-2

1

-3

-2

-2

0

-3

-1

Total non-operating deductions, net

-51

-51

-53

-53

-67

-45

-3

-3

-2

0

-6

0

Income from operations before tax and equity in earnings

157

204

190

170

132

123

123

110

101

98

-23

82

Provision for taxes on income

22

34

-6

35

22

30

34

31

28

28

-5

24

Equity in earnings of affiliates, net of tax

1

3

1

2

1

1

0

0

-

-

-

-

Income from continuing operations, net of tax

-

-

-

-

-

93

89

78

72

-

-17

58

Income from discontinued operations, net of tax

-

-

-

-

-

2

-5

-2

-2

-

-3

10

Consolidated net income

136

173

199

137

111

95

83

76

70

69

-20

68

Less: Net income attributable to non-controlling interests

3

4

3

3

3

3

3

2

2

3

2

3

Net income attributable to Minerals Technologies Inc.

132

169

195

133

107

92

80

74

67

66

-23

65

Earnings per share:
Basic:
Income from continuing operations attributable to MTI (in dollars per share)

-

-

-

-

-

2.62

2.48

2.17

1.94

-

-1.10

2.91

Income from discontinued operations attributable to MTI (in dollars per share)

-

-

-

-

-

0.06

-0.17

-0.07

-0.07

-

-0.17

0.54

Income from operations attributable to Minerals Technologies Inc. (in dollars per share)

3.79

4.79

5.54

3.82

3.11

2.68

2.31

2.10

1.87

1.80

-1.27

3.45

Diluted:
Income from continuing operations attributable to MTI (in dollars per share)

-

-

-

-

-

2.59

2.46

2.16

1.93

-

-1.10

2.90

Income from discontinued operations attributable to MTI (in dollars per share)

-

-

-

-

-

0.06

-0.16

-0.07

-0.07

-

-0.17

0.54

Income from operations attributable to Minerals Technologies Inc. (in dollars per share)

3.78

4.75

5.48

3.79

3.08

2.65

2.30

2.09

1.86

1.79

-1.27

3.44

Cash dividends declared per common share (in dollars per share)

0.20

0.20

0.20

0.20

0.20

0.20

0.20

0.13

-

-

-

-

Shares used in computation of earnings per share:
Basic (in shares)

35

35

35

34

34

34

34

35

-

-

-

-

Diluted (in shares)

35

35

35

35

35

34

35

35

-

-

-

-

Product [Member]
Total net sales

1,695

1,729

1,599

1,552

1,615

1,514

1,018

996

-

-

-

-

Total cost of sales

1,285

1,293

1,158

1,117

1,190

1,141

784

774

818

793

751

891

Service [Member]
Total net sales

95

78

76

85

182

210

0

0

-

-

-

-

Total cost of sales

64

52

50

59

136

148

0

0

-

-

-

-