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Materion Corp (MTRN) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2018

Materion Corp

CIK: 1104657 Ticker: MTRN



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MATERION CORPORATION REPORTS FOURTH QUARTER AND FULL-YEAR 2018 FINANCIAL RESULTS AND PROVIDES 2019 EARNINGS GUIDANCE

MAYFIELD HEIGHTS, Ohio - February 14, 2019 - Materion Corporation (NYSE:MTRN) today reported record fourth quarter and full-year 2018 financial results and provided 2019 earnings guidance.

Fourth Quarter 2018 Results

Net sales were $298.1 million; Value-added sales increased 3% to a fourth quarter record of $185.8 million

Operating profit was $14.4 million; Adjusted operating profit improved 29% to a fourth quarter record of $18.1 million

Net loss was $1.03 per share, diluted; Adjusted earnings were up 27% to a fourth quarter record of $0.65 per share

Full Year 2018 Results

Net sales were $1.2 billion; Value-added sales increased 9% to a record $739.0 million

Operating profit was $61.5 million; Adjusted operating profit improved 39% to a record $66.0 million

Net income was $1.01 per share, diluted; Adjusted earnings were up 38% to a record $2.38 per share

Earnings Guidance

The Company is providing full-year 2019 adjusted earnings guidance of $2.62 to $2.74 per share, representing a double-digit increase for the third consecutive year

“We had an exceptional quarter and year as our multi-pillar strategy continued to drive significant improvements across the company,” stated Jugal Vijayvargiya, President and Chief Executive Officer. “Our team achieved record results for employee safety, value-added sales, and adjusted operating profit and EPS, despite softening market conditions in the fourth quarter. We

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The following information was filed by Materion Corp (MTRN) on Thursday, February 14, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Materion Corp's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (Parentheticals)
Consolidated Statements Of Income
Consolidated Statements Of Shareholders' Equity
Consolidated Statements Of Shareholders' Equity (Parenthetical)
Accumulated Benefit Obligation (Details)
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income (Details)
Accumulated Other Comprehensive Income (Tables)
Accumulated Other Comprehensive Loss And Amounts Expected To Be Recognized In 2019 (Details)
Acquisitions
Acquisitions (Details)
Acquisitions (Tables)
Acquisitions Textual (Details)
Components Of Net Benefit Costs (Details)
Contingencies And Commitments
Contingencies And Commitments (Details 2)
Contingencies And Commitments (Details Textual)
Contingencies And Commitments (Details)
Contingencies And Commitments (Tables)
Debt
Debt (Details 1)
Debt (Details Textual 2)
Debt (Details Textual)
Debt (Details)
Debt (Tables)
Earnings Per Share
Earnings Per Share (Details 1)
Earnings Per Share (Details)
Earnings Per Share (Tables)
Fair Value Information And Derivative Financial Instruments
Fair Value Information And Derivative Financial Instruments (Details 1)
Fair Value Information And Derivative Financial Instruments (Details 2)
Fair Value Information And Derivative Financial Instruments (Details 3)
Fair Value Information And Derivative Financial Instruments (Details Textual)
Fair Value Information And Derivative Financial Instruments (Tables)
Income Taxes
Income Taxes (Tables)
Income Taxes Table 1 (Details)
Income Taxes Table 2 (Details)
Income Taxes Table 3 (Details)
Income Taxes Table 4 (Details)
Income Taxes Textuals 1 (Details)
Income Taxes Textuals 2 (Details)
Income Taxes Textuals 3 (Details)
Income Taxes Textuals 4 (Details)
Intangible Assets And Goodwill
Intangible Assets And Goodwill (Details 1)
Intangible Assets And Goodwill (Details 2)
Intangible Assets And Goodwill (Details Textual)
Intangible Assets And Goodwill (Tables)
Intangible Assets And Goodwill Goodwill Table (Details)
Interest
Interest (Details Textual)
Interest (Details)
Interest (Tables)
Inventories
Inventories (Details Textual)
Inventories (Details)
Inventories (Tables)
Leasing Arrangements
Leasing Arrangements (Details 2)
Leasing Arrangements (Details Text)
Leasing Arrangements (Tables)
Other-Net
Other-Net (Details)
Other-Net (Tables)
Pensions And Other Post-Employment Benefits
Pensions And Other Post-Employment Benefits (Details Textual)
Pensions And Other Post-Employment Benefits (Tables)
Pensions And Other Post-Employment Benefits Amounts Recognized In Aocl (Details)
Pensions And Other Post-Employment Benefits Cash Flow (Details)
Pensions And Other Post-Employment Benefits Healthcare Trends (Details)
Pensions And Other Post-Employment Benefits Plan Assets (Details)
Pensions And Other Post-Employment Benefits Weighted Average Assumptions (Details)
Property, Plant, And Equipment
Property, Plant, And Equipment (Details)
Property, Plant, And Equipment (Tables)
Property, Plant, And Equipment Textuals (Details)
Quarterly Data (Unaudited)
Quarterly Data (Unaudited) (Details Textual)
Quarterly Data (Unaudited) (Details)
Quarterly Data (Unaudited) (Tables)
Reconciliation Of The Benefit Obligations And Plan Assets (Details)
Restructuring
Restructuring (Details)
Restructuring (Tables)
Restructuring Textual (Details)
Restructuring Textual 2 (Details)
Revenue Recognition
Revenue Recognition (Details)
Revenue Recognition (Policies)
Revenue Recognition (Tables)
Revenue Recognition Textuals (Details)
Segment Reporting And Geographic Information
Segment Reporting And Geographic Information (Details 1)
Segment Reporting And Geographic Information (Details 2)
Segment Reporting And Geographic Information (Details 3)
Segment Reporting And Geographic Information (Details Textual)
Segment Reporting And Geographic Information (Tables)
Significant Accounting Policies
Significant Accounting Policies (Policies)
Significant Accounting Policies (Tables)
Significant Accounting Policies Accounts Receivable (Details)
Significant Accounting Policies Advertising (Details)
Significant Accounting Policies Cash Equivalents (Details)
Significant Accounting Policies Inventory (Details)
Significant Accounting Policies Leases (Details)
Significant Accounting Policies New Pronouncements (Details)
Significant Accounting Policies Organization (Details)
Significant Accounting Policies Property Plant Equipment (Details)
Significant Accounting Policies Revenue Recognition (Details 1)
Significant Accounting Policies Revenue Recognition (Details)
Stock-Based Compensation
Stock-Based Compensation (Tables)
Stock-Based Compensation 10 (Details)
Stock-Based Compensation 11 (Details)
Stock-Based Compensation Details 1 (Details)
Stock-Based Compensation Details 2 (Details)
Stock-Based Compensation Details 3 (Details)
Stock-Based Compensation Details 4 (Details)
Stock-Based Compensation Details 5 (Details)
Stock-Based Compensation Details 6 (Details)
Stock-Based Compensation Details 7 (Details)
Stock-Based Compensation Details 8 (Details)
Stock-Based Compensation Details 9 (Details)
Valuation And Qualifying Accounts
Valuation And Qualifying Accounts (Details)
Ticker: MTRN
CIK: 1104657
Form Type: 10-K Annual Report
Accession Number: 0001104657-19-000007
Submitted to the SEC: Thu Feb 14 2019 12:05:04 PM EST
Accepted by the SEC: Thu Feb 14 2019
Period: Monday, December 31, 2018
Industry: Metal Forgings And Stampings

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