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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 493,035 [1] $ 490,267 [2]
Short-term investments, at cost which approximates market 15,690 [1] 15,769 [2]
Accounts receivable, net 217,299 [1] 204,449 [2]
Inventories 91,614 [1] 89,169 [2]
Prepaid expenses and other current assets 17,132 [1] 15,463 [2]
Total current assets 834,770 [1] 815,117 [2]
Property, plant and equipment, less accumulated depreciation and depletion - March 30, 2014 - $988,047; December 31, 2013 - $976,265 306,379 [1] 306,071 [2]
Goodwill 64,274 [1] 64,432 [2]
Other assets and deferred charges 31,821 [1] 31,927 [2]
Total assets 1,237,244 [1] 1,217,547 [2]
Current liabilities:    
Short-term debt 4,753 [1] 5,504 [2]
Current maturities of long-term debt 8,200 [1] 8,200 [2]
Accounts payable 109,546 [1] 94,855 [2]
Other current liabilities 57,823 [1] 72,335 [2]
Total current liabilities 180,322 [1] 180,894 [2]
Long-term debt 75,000 [1] 75,000 [2]
Accrued Pension and Post-Retirement Benefits 58,056 [1] 57,893 [2]
Other non-current liabilities 29,180 [1] 29,352 [2]
Total liabilities 342,558 [1] 343,139 [2]
Shareholders' equity:    
Common stock 4,769 [1] 4,756 [2]
Additional paid-in capital 364,656 [1] 361,460 [2]
Retained earnings 1,120,145 [1] 1,106,252 [2]
Accumulated other comprehensive loss (28,224) [1] (31,265) [2]
Less common stock held in treasury (593,665) [1] (593,665) [2]
Total MTI shareholders' equity 867,681 [1] 847,538 [2]
Non-controlling interest 27,005 [1] 26,870 [2]
Total shareholders' equity 894,686 [1] 874,408 [2]
Total liabilities and shareholders' equity $ 1,237,244 [1] $ 1,217,547 [2]
[1] Unaudited
[2] Condensed from audited financial statements