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Segment and Related Information (Tables)
 9 Months Ended
Oct. 03, 2021
Segment and Related Information [Abstract]  
Segment Information

On a regular basis, the Company reviews its segments and the approach used by the chief operating decision maker to assess performance and allocate resources. Accordingly, in the first quarter of 2021, the Company reorganized the management structure for its Energy Services and Performance Materials operating segments to support MTI's key growth initiatives, more closely align complementary technologies, processes and capabilities, and better reflect the way performance is evaluated and resources are allocated. As a result, Energy Services was combined into the Environmental Products product line within the Performance Materials operating segment. Presented below are the restated financial results, by product line, of this operating segment for each quarter of 2020 to conform to the current management structure.

  
2020 Quarters
        
(millions of dollars)
  
First
    
Second
    
Third
    
Fourth
    
Full Year 2020
  
                               
Net Sales
                              
Metalcasting
  
$
61.7
    
$
52.8
    
$
66.3
    
$
77.3
    
$
258.1
  
Household, Personal Care & Specialty Products
    
96.2
      
87.9
      
93.9
      
102.2
      
380.2
  
Environmental Products
    
36.7
      
37.6
      
30.2
      
27.1
      
131.6
  
Building Materials
    
16.8
      
13.2
      
13.5
      
12.4
      
55.9
  
Performance Materials Segment
  
$
211.4
    
$
191.5
    
$
203.9
    
$
219.0
    
$
825.8
  
                                         
Income from operations
                                        
                                         
Performance Materials Segment
  
$
27.3
    
$
22.4
    
$
28.2
    
$
30.9
    
$
108.8
  
% of Sales
    
12.9
%
    
11.7
%
    
13.8
%
    
14.1
%
    
13.2
%


The Company now has three reportable segments: Performance Materials, Specialty Minerals and Refractories.  See Note 1 to the Condensed Consolidated Financial Statements. Segment information for the three and nine-month periods ended October 3, 2021 and September 27, 2020 is as follows:

  
Three Months Ended
    
Nine Months Ended
  
(millions of dollars)
  
Oct. 3,
2021
    
Sep. 27,
2020
    
Oct. 3,
2021
    
Sep. 27,
2020
  
                         
Net Sales
                        
Performance Materials
  
$
250.4
    
$
203.9
    
$
719.7
    
$
606.8
  
Specialty Minerals
    
146.9
      
125.1
      
437.4
      
372.0
  
Refractories
    
75.9
      
59.3
      
224.3
      
184.2
  
Total
  
$
473.2
    
$
388.3
    
$
1,381.4
    
$
1,163.0
  
                                 
Income from Operations
                                
Performance Materials
  
$
32.0
    
$
28.2
    
$
96.5
    
$
77.9
  
Specialty Minerals
    
17.3
      
16.6
      
58.4
      
45.9
  
Refractories
    
13.2
      
7.3
      
36.9
      
24.4
  
Total
  
$
62.5
    
$
52.1
    
$
191.8
    
$
148.2
  
Reconciliation of Income from Operations

A reconciliation of the totals reported for the operating segments to the applicable line items in the condensed consolidated financial statements is as follows:

  
Three Months Ended
    
Nine Months Ended
  
(millions of dollars)
  
Oct. 3,
2021
    
Sep. 27,
2020
    
Oct. 3,
2021
    
Sep. 27,
2020
  
                         
Income from operations for reportable segments
  
$
62.5
    
$
52.1
    
$
191.8
    
$
148.2
  
Acquisition-related expenses
    
(0.9
)
    
—
      
(1.3
)
    
—
  
Litigation expenses
    
—
      
(1.5
)
    
—
      
(10.4
)
Unallocated and other corporate expenses
    
(1.0
)
    
(2.1
)
    
(7.4
)
    
(4.4
)
Consolidated income from operations
    
60.6
      
48.5
      
183.1
      
133.4
  
Non-operating deductions, net
    
(10.1
)
    
(12.7
)
    
(30.9
)
    
(34.0
)
Income from operations before tax and equity in earnings
  
$
50.5
    
$
35.8
    
$
152.2
    
$
99.4
  
Sales by Product Category

The Company's sales by product category are as follows:

  
Three Months Ended
    
Nine Months Ended
  
(millions of dollars)
  
Oct. 3,
2021
    
Sep. 27,
2020
    
Oct. 3,
2021
    
Sep. 27,
2020
  
                         
Metalcasting
  
$
72.9
    
$
66.3
    
$
235.0
    
$
180.8
  
Household, Personal Care & Specialty Products
    
121.8
      
93.9
      
333.9
      
278.0
  
Environmental Products
    
39.8
      
30.2
      
105.8
      
104.5
  
Building Materials
    
15.9
      
13.5
      
45.0
      
43.5
  
Paper PCC
    
89.5
      
74.5
      
264.9
      
225.1
  
Specialty PCC
    
18.2
      
17.3
      
57.1
      
49.7
  
Ground Calcium Carbonate
    
25.0
      
23.2
      
74.5
      
66.4
  
Talc
    
14.2
      
10.1
      
40.9
      
30.8
  
Refractory Products
    
58.3
      
48.8
      
175.1
      
151.7
  
Metallurgical Products
    
17.6
      
10.5
      
49.2
      
32.5
  
Total
  
$
473.2
    
$
388.3
    
$
1,381.4
    
$
1,163.0