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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2013
Sep. 30, 2012
Sep. 29, 2013
Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Net sales $ 254,192 $ 247,803 $ 761,549 $ 753,719
Cost of goods sold 194,272 192,180 586,897 585,691
Production margin 59,920 55,623 174,652 168,028
Marketing and administrative expenses 21,861 21,953 66,318 66,256
Research and development expenses 5,302 5,105 14,946 15,178
Income from operations 32,757 28,565 93,388 86,594
Non-operating income (deductions), net (1,234) (650) (2,572) (2,016)
Income from continuing operations before provision for taxes 31,523 27,915 90,816 84,578
Provision for taxes on income 8,952 8,245 25,219 24,999
Income (Loss) from Continuing Operations, net of tax 22,571 19,670 65,597 59,579
Income (Loss) from Discontinued Operations, net of tax (21) (487) (5,704) (1,549)
Consolidated net income 22,550 19,183 59,893 58,030
Less: Net income attributable to non-controlling interests 686 553 2,152 1,653
Net income attribute to Minerals Technologies Inc. (MTI) $ 21,864 $ 18,630 $ 57,741 $ 56,377
Earnings per share:        
Income from continuing operations attributable to MTI $ 0.63 $ 0.54 $ 1.82 $ 1.64
Loss from discontinued operations attributable to MTI $ 0 $ (0.01) $ (0.16) $ (0.04)
Basic earnings per share attributable to MTI $ 0.63 $ 0.53 $ 1.66 $ 1.60
Income from continuing operations attributable to MTI $ 0.63 $ 0.54 $ 1.81 $ 1.63
Loss from discontinued operations attributable to MTI $ 0 $ (0.01) $ (0.16) $ (0.04)
Diluted earnings per share attributable to MTI $ 0.63 $ 0.53 $ 1.65 $ 1.59
Cash dividends declared per common share $ 0.050 $ 0.025 $ 0.15 $ 0.075
Shares used in computation of earnings per share:        
Basic 34,615 35,280 34,803 35,388
Diluted 34,881 35,466 35,054 35,550