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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jul. 01, 2012
Jul. 03, 2011
Jul. 01, 2012
Jul. 03, 2011
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Net sales $ 253,969 $ 268,399 $ 511,107 $ 530,919
Cost of goods sold 197,627 214,725 399,828 424,303
Production margin 56,342 53,674 111,279 106,616
Marketing and administrative expenses 21,840 23,710 44,738 46,839
Research and development expenses 5,026 4,897 10,073 9,766
Restructuring and other costs 0 0 0 230
Income from operations 29,476 25,067 56,468 49,781
Non-operating income (deductions), net (768) (799) (1,366) (1,636)
Income from continuing operations before provision for taxes 28,708 24,268 55,102 48,145
Provision for taxes on income 8,469 7,112 16,255 14,299
Consolidated net income 20,239 17,156 38,847 33,846
Less: Net income attributable to non-controlling interests 524 743 1,100 1,652
Net income attribute to Minerals Technologies Inc. (MTI) $ 19,715 $ 16,413 $ 37,747 $ 32,194
Earnings per share:        
Basic $ 1.11 $ 0.90 $ 2.13 $ 1.77
Diluted $ 1.11 $ 0.90 $ 2.12 $ 1.75
Cash dividends declared per common share $ 0.05 $ 0.05 $ 0.10 $ 0.10
Shares used in computation of earnings per share:        
Basic 17,724 18,177 17,721 18,227
Diluted 17,790 18,290 17,795 18,353