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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands
Jul. 03, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 396,106 $ 367,827
Short-term investments, at cost which approximates market 16,763 16,707
Accounts receivable, net 200,700 181,128
Inventories 97,731 86,464
Prepaid expenses and other current assets 28,260 23,446
Total current assets 739,560 675,572
Property, plant and equipment, less accumulated depreciation and depletion - July 3, 2011 - $943,336; December 31, 2010 - $905,625 329,813 332,797
Goodwill 67,348 67,156
Other assets and deferred charges 38,542 40,580
Total assets 1,175,263 1,116,105
Current liabilities:    
Short-term debt 4,517 4,611
Current maturities of long-term debt 543 0
Accounts payable 107,206 80,728
Restructuring liabilities 1,985 3,484
Other current liabilities 58,593 66,414
Total current liabilities 172,844 155,237
Long-term debt 93,710 92,621
Other non-current liabilities 87,060 85,552
Total liabilities 353,614 333,410
Shareholders' equity:    
Common stock 2,911 2,897
Additional paid-in capital 330,500 323,235
Retained earnings 929,580 899,211
Accumulated other comprehensive income (loss) 18,871 (3,590)
Less common stock held in treasury (489,867) (466,230)
Total MTI shareholders' equity 791,995 755,523
Non-controlling interest 29,654 27,172
Total shareholders' equity 821,649 782,695
Total liabilities and shareholders' equity $ 1,175,263 $ 1,116,105