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Minerals Technologies MTX Loss Contingency Accrual Provision
Loss Contingency Accrual Provision at other companies
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Where this comes from
Reported directly by Minerals Technologies in its filing.
Tagged under the XBRL concept us-gaap:LossContingencyAccrualProvision.
The source filing: Minerals Technologies’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 3:12 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000891014-26-000108
| (in millions of dollars, except per share data) | Three Months Ended / Apr. 5, 2026 | Three Months Ended / Mar. 30, 2025 |
|---|---|---|
| Production margin | 131.1 | 119.6 |
| Marketing and administrative expenses | 57.5 | 50.6 |
| Research and development expenses | 6.1 | 5.8 |
| Provision for litigation accrual and credit losses | - | 215.0 |
| Restructuring and other items | - | 5.5 |
| Litigation expenses | 8.8 | 2.8 |
| Income (loss) from operations | 58.7 | (160.1) |
| Interest expense, net | (13.3) | (14.2) |
ITEM 1. Financial Statements
FAQ
- What is Minerals Technologies's loss contingency accrual provision?
- Minerals Technologies (MTX) reported loss contingency accrual provision of $0 in Q1 2026.
- How has Minerals Technologies's loss contingency accrual provision changed year-over-year?
- Minerals Technologies's loss contingency accrual provision decreased by 100.0% year-over-year, from $215M to $0.
- What does loss contingency accrual provision mean?
- Represents the estimated liability recorded for potential future losses arising from legal or regulatory contingencies where a loss is considered probable and estimable. This metric serves as a critical indicator of potential legal or operational risks that could impact future financial performance.
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