矿藏技术公司 2025年季度报告

Title of each classTrading SymbolName of exchange on which registeredCommon Stock, $0.10 par valueMTXNew York Stock Exchange LLC Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Yes☒No☐ reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large Accelerated Filer☒Accelerated Filer☐Non-accelerated Filer☐Smaller Reporting Company☐Emerging Growth Company☐ 2025andJune 30, 2024(Unaudited) CommonAdditionalPaid-inRetainedAccumulatedOtherComprehensive The accompanying unaudited condensed consolidated financial statements have been prepared by management of Minerals Additional provisionsCash payments Restructuring liability,June 29, 2025$Note 5.Income TaxesProvision (benefit) for taxes was $13.9million and $(18.2) million during the three-month and six-month periods ended June As of June 29, 2025, the Company had approximately $2.0million of total unrecognized income tax benefits. Included in thisamount were a total of $1.4million of unrecognized income tax benefits that, if recognized, would affect the Company’s effective taxrate.While it is expected that the amount of unrecognized tax benefits will change in the next 12 months, the Company does not expect the change to have a significant impact on the results of operations or the financial position of the Company.The Company’s accounting policy is to recognize interest and penalties accrued, relating to unrecognized income tax orbenefit as part of its provision for income taxes. The Company recorded net immaterial additions during the three-month period endedJune 29, 2025 and had an accrued balance of $0.4million of interest and penalties as of June 29, 2025. authority may challenge positions that the Company has adopted in its income tax filings. The Company, with a few exceptions (noneof which are material), is no longer subject to U.S. federal, state, local, and international income tax examinations by tax authoritiesfor years prior to 2017.On July 4, 2025, the One Big Beautiful Bill Act was signed into law in the U.S., which contains a broad range of tax reform In December 2021, the Organization for Economic Co-operation and Development (“OECD”) released the Pillar Two ModelRules which aim to reform international corporate taxation rules, including the implementation of a global minimum tax rate. TheCompany began implementation of the Pillar Two Model Rules in the first quarter of 2024. The Company continues to assess theeffect of the Pillar 2 Model Rules in all jurisdictions and does not expect that Pillar 2 will have a material impact on its consolidated The following is a summary of inventories by major category: (in millions of dollars)2025Raw materials$164.4$Work-in-process13.7 Acquired intangible assets subject to amortization as of June 29,2025 and December 31, 2024 were as follows: Jun. 29, 2025Dec. 31, 2024WeightedAverageGrossAccumulatedGrossAccumulate Tradenames34$221.4$Technology1318.8 Patents and trademarks196.46.46.4Customer relationships2180.225.677.529$326.8$112.4$324.2$The weighted average amortization period for acquired intangible assets subject to amortization is approximately29years. (the “Indenture”). The Notes bear an interest rate of5.0%per annum payable semi-annually onJanuary 1andJuly 1of each year,beginning onJanuary 1, 2021.The Notes are unconditionally guaranteed on a senior unsecured basis by each of the Company’s If the Company experiences a change of control (as defined in the indenture), the Company is required to offer to repurchase the Notes at101%of the principal amount of such Notes, plus accrued and unpaid interest, if any, to, but excluding, the date ofrepurchase.The Amended Credit Agreement and theIndentureboth contain certain customary affirmative and negative covenants thatlimit or restrict the ability of the Company and its restricted subsidiaries to enter into certain transactions or take certain actions,aswell as customary events of default. In addition, the Amended Credit Agreement contains a financial covenant that requires the contained in the Amended Credit Agreement throughout the period covered by this report.The Company has a committed loan facility in Japan. As of June 29, 2025, $0.8million was outstanding under this loanfacility.Principal will be repaid in accordance with the payment schedule ending in 2026. The Company repaid $0.1on this loan As part of the acquisition of Concept Pet Heimtierprodu