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Earnings per Share (Tables)
3 Months Ended
Apr. 04, 2021
Earnings per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

   
Three Months Ended
 
(in millions, except per share data)
 
Apr. 4,
2021
   
Mar. 29,
2020
 
             
Net income attributable to Minerals Technologies Inc.
 
$
39.9
   
$
38.6
 
                 
Weighted average shares outstanding
   
33.8
     
34.4
 
Dilutive effect of stock options and stock units
   
0.2
     
—
 
Weighted average shares outstanding, adjusted
   
34.0
     
34.4
 
                 
Basic earnings per share attributable to Minerals Technologies Inc.
 
$
1.18
   
$
1.12
 
                 
Diluted earnings per share attributable to Minerals Technologies Inc.
 
$
1.17
   
$
1.12