Earnings Per Share (EPS) (Tables)

3 Months Ended

Mar. 29, 2015

Earnings Per Share (EPS) [Abstract]

Schedule of basic and diluted earnings per share

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

	Three Months Ended
	Mar. 29, 2015		Mar. 30, 2014
	(in millions, except per share data)
Net income attributable to MTI	$	35.1	$	15.6
Weighted average shares outstanding		34.7		34.4
Dilutive effect of stock options and stock units		0.2		0.3
Weighted average shares outstanding, adjusted		34.9		34.7
Basic earnings (Loss) per share attributable to MTI	$	1.01	$	0.45
Diluted earnings (Loss) per share attributable to MTI	$	1.01	$	0.45