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Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data (unaudited) [Abstract]  
Quarterly Financial Data
       
2016 quarters
 
First
  
Second
  
Third
  
Fourth
 
(millions of dollars, except per share amounts)
 
           
Net sales by segment
            
Specialty Minerals segment
 
$
155.6
  
$
150.6
  
$
147.3
  
$
138.0
 
Refractories segment
  
69.2
   
73.9
   
63.4
  
$
68.0
 
Performance Materials segment
  
119.0
   
128.6
   
119.5
  
$
135.7
 
Construction Technologies segment
  
40.6
   
53.9
   
49.5
  
$
39.3
 
Energy Services segment
  
25.8
   
20.0
   
19.8
  
$
20.3
 
Net sales
  
410.2
   
427.0
   
399.5
   
401.3
 
                 
Gross profit
  
112.7
   
121.1
   
115.2
   
111.4
 
                 
Income from operations
  
57.6
   
39.5
   
67.3
   
56.5
 
                 
Income from continuing operations
  
34.8
   
22.3
   
42.5
   
37.5
 
                 
Net income attributable to Minerals Technologies Inc. (MTI)
  
33.9
   
21.2
   
41.6
   
36.7
 
                 
Basic earnings per share attributable to MTI shareholders:
                
Income from continuing operations
 
$
0.97
  
$
0.61
  
$
1.19
  
$
1.05
 
Loss from discontinued operations
  
-
   
-
   
-
   
-
 
Net income
 
$
0.97
  
$
0.61
  
$
1.19
  
$
1.05
 
                 
Diluted earnings per share attributable to MTI shareholders:
                
Income from continuing operations
 
$
0.97
  
$
0.60
  
$
1.18
  
$
1.04
 
Loss from discontinued operations
  
-
   
-
   
-
   
-
 
Net income
 
$
0.97
  
$
0.60
  
$
1.18
  
$
1.04
 
                 
Market price range per share of common stock:
                
High
 
$
57.12
  
$
61.66
  
$
72.51
  
$
82.90
 
Low
 
$
37.03
  
$
52.53
  
$
56.00
  
$
66.10
 
Close
 
$
57.12
  
$
57.38
  
$
70.69
  
$
77.25
 
                 
Dividends paid per common share
 
$
0.05
  
$
0.05
  
$
0.05
  
$
0.05
 
 
    
2015 quarters
 
First
  
Second
  
Third
  
Fourth
 
(millions of dollars, except per share amounts)
 
           
Net sales by segment
            
Specialty Minerals segment
 
$
154.0
  
$
156.5
  
$
156.5
  
$
157.6
 
Refractories segment
  
73.9
   
76.4
   
77.4
   
68.2
 
Performance Materials segment
  
127.9
   
129.1
   
126.5
   
131.3
 
Construction Technologies segment
  
38.9
   
52.1
   
49.7
   
39.4
 
Energy Services segment
  
58.6
   
49.3
   
40.9
   
33.4
 
Net sales
  
453.3
   
463.4
   
451.0
   
429.9
 
                 
Gross profit
  
116.6
   
126.2
   
118.9
   
109.3
 
                 
Income from operations
  
59.9
   
52.8
   
49.9
   
37.7
 
                 
Income from continuing operations
  
36.0
   
27.5
   
30.3
   
17.8
 
Income (loss) from discontinued operations
                
Net income attributable to MTI
  
35.1
   
26.6
   
29.2
   
17.0
 
                 
Basic earnings per share attributable to MTI shareholders:
                
Income from continuing operations
 
$
1.01
  
$
0.77
  
$
0.84
  
$
0.49
 
Loss from discontinued operations
  
-
   
-
   
-
   
-
 
Net income
 
$
1.01
  
$
0.77
  
$
0.84
  
$
0.49
 
                 
Diluted earnings per share attributable to MTI shareholders:
                
Income from continuing operations
 
$
1.01
  
$
0.76
  
$
0.83
  
$
0.48
 
Loss from discontinued operations
  
-
   
-
   
-
   
-
 
Net income
 
$
1.01
  
$
0.76
  
$
0.83
  
$
0.48
 
                 
Market price range per share of common stock:
                
High
 
$
74.74
  
$
74.21
  
$
68.15
  
$
61.80
 
Low
 
$
59.00
  
$
66.49
  
$
46.69
  
$
45.35
 
Close
 
$
70.65
  
$
69.02
  
$
50.31
  
$
45.86
 
                 
Dividends paid per common share
 
$
0.05
  
$
0.05
  
$
0.05
  
$
0.05