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Earnings Per Share (EPS) (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jul. 01, 2012
Jun. 30, 2013
Jul. 01, 2012
Basic EPS        
Income from continuing operations attributable to MTI $ 22,000,000 $ 20,200,000 $ 41,600,000 $ 38,800,000
Loss from discontinued operations attributable to MTI (4,900,000) (500,000) (5,700,000) 1,100,000
Net income attributable to MTI 17,120,000 19,715,000 35,876,000 37,747,000
Weighted average shares outstanding (in shares) 34,799,000 35,448,000 34,897,000 35,442,000
Basic earnings per share from continuing operations attributable to MTI (in dollars per share) $ 0.63 $ 0.57 $ 1.19 $ 1.09
Basic loss per share from discontinued operations attributable to MTI (in dollars per share) $ (0.14) $ (0.01) $ (0.16) $ 0.03
Basic earnings per share attributable to MTI (in dollars per share) $ 0.49 $ 0.56 $ 1.03 $ 1.06
Diluted EPS        
Income from continuing operations attributable to MTI 22,000,000 20,200,000 41,600,000 38,800,000
Loss from discontinued operations attributable to MTI (4,900,000) (500,000) (5,700,000) 1,100,000
Net income attributable to MTI $ 17,120,000 $ 19,715,000 $ 35,876,000 $ 37,747,000
Weighted average shares outstanding (in shares) 34,799,000 35,448,000 34,897,000 35,442,000
Dilutive effect of stock options and stock units (in shares) 200,000 100,000 200,000 200,000
Weighted average shares outstanding , adjusted (in shares) 35,031,000 35,580,000 35,141,000 35,590,000
Diluted earnings per share from continuing operations attributable to MTI (in dollars per share) $ 0.63 $ 0.57 $ 1.18 $ 1.09
Diluted loss per share from discontinued operations attributable to MTI (in dollars per share) $ (0.14) $ (0.01) $ (0.16) $ 0.03
Diluted earnings per share attributable to MTI (in dollars per share) $ 0.49 $ 0.56 $ 1.02 $ 1.06
Anti-dilutive options not included in the weighted average common shares outstanding calculation     239,770 305,131