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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jul. 01, 2012
Jun. 30, 2013
Jul. 01, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Net sales $ 256,844 $ 251,358 $ 507,357 $ 505,916
Cost of goods sold 197,995 194,562 392,625 393,511
Production margin 58,849 56,796 114,732 112,405
Marketing and administrative expenses 21,644 21,631 44,456 44,304
Research and development expenses 4,826 5,025 9,644 10,072
Income from operations 32,379 30,140 60,632 58,029
Non-operating income (deductions), net (1,472) (767) (1,339) (1,366)
Income from continuing operations before provision for taxes 30,907 29,373 59,293 56,663
Provision for taxes on income 8,221 8,682 16,267 16,755
Income (Loss) from Continuing Operations, net of tax 22,686 20,691 43,026 39,908
Income (Loss) from Discontinued Operations, net of tax (4,947) (452) (5,683) (1,061)
Consolidated net income 17,739 20,239 37,343 38,847
Less: Net income attributable to non-controlling interests 619 524 1,467 1,100
Net income attribute to Minerals Technologies Inc. (MTI) $ 17,120 $ 19,715 $ 35,876 $ 37,747
Earnings per share:        
Income from continuing operations attributable to MTI $ 0.63 $ 0.57 $ 1.19 $ 1.09
Loss from discontinued operations attributable to MTI $ (0.14) $ (0.01) $ (0.16) $ (0.03)
Basic earnings per share attributable to MTI $ 0.49 $ 0.56 $ 1.03 $ 1.06
Income from continuing operations attributable to MTI $ 0.63 $ 0.57 $ 1.18 $ 1.09
Loss from discontinued operations attributable to MTI $ (0.14) $ (0.01) $ (0.16) $ (0.03)
Diluted earnings per share attributable to MTI $ 0.49 $ 0.56 $ 1.02 $ 1.06
Cash dividends declared per common share $ 0.050 $ 0.025 $ 0.10 $ 0.05
Shares used in computation of earnings per share:        
Basic 34,799 35,448 34,897 35,442
Diluted 35,031 35,580 35,141 35,590