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Earnings Per Share (EPS) (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share (EPS) [Abstract]  
Computation of Basic and Diluted Earnings Per Share

  
Year Ended December 31,
 
(in millions, except per share data)
 
2018
  
2017
  
2016
 
Net income attributable to MTI
 
$
169.0
  
$
195.1
  
$
133.4
 
             
             
Weighted average shares outstanding
  
35.3
   
35.2
   
34.9
 
Dilutive effect of stock options and stock units
  
0.3
   
0.4
   
0.3
 
Weighted average shares outstanding, adjusted
  
35.6
   
35.6
   
35.2
 
             
Basic earnings per share attributable to MTI
 
$
4.79
  
$
5.54
  
$
3.82
 
             
Diluted earnings per share attributable to MTI
 
$
4.75
  
$
5.48
  
$
3.79