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Earnings Per Share (EPS) (Tables)
 3 Months Ended
Apr. 03, 2016
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
 
  
Apr. 3,
2016
  
Mar. 29,
2015
 
  
(in millions, except per share data)
 
       
Net income attributable to MTI
 
$
33.9
  
$
35.1
 
         
Weighted average shares outstanding
  
34.8
   
34.7
 
Dilutive effect of stock options and stock units
  
0.1
   
0.2
 
Weighted average shares outstanding, adjusted
  
34.9
   
34.9
 
         
Basic earnings (Loss) per share attributable to MTI
 
$
0.97
  
$
1.01
 
         
Diluted earnings (Loss) per share attributable to MTI
 
$
0.97
  
$
1.01