Minerals Technologies Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported income from operations of $33,462,000, income from continuing operations, before tax of $32,893,000, income from continuing operations, net of tax of $23,598,000 or $0.65 diluted per share, consolidated net income of $23,559,000, net Income attributable to Minerals Technologies Inc. was $22,590,000 or $0.65 diluted per share on net sales of $256,633,000 against income from operations of $27,046,000, income from continuing operations, before tax of $26,067,000, income from continuing operations, net of tax of $19,140,000 or $0.53 diluted per share, consolidated net income of $18,239,000, net income attributable to Minerals Technologies Inc. was $17,770,000 or $0.50 diluted per share on net sales of $256,633,000 for the same period a year ago. Cash flow from continuing operations was $44.2 million against $33.5 million for the same period a year ago. Capital expenditures was $11.6 million against $15.4 million for the same period a year ago.

For the year, the company reported income from operations of $126,852,000, income from continuing operations, before tax of $123,710,000, income from continuing operations, net of tax of $89,195,000 or $2.46 diluted per share, consolidated net income of $83,451,000, net income attributable to Minerals Technologies Inc. was $80,330,000 or $2.30 diluted per share on net sales of $1,018,181,000 against income from operations of $113,640,000, income from continuing operations, before tax of $110,645,000, income from continuing operations, net of tax of $78,719,000 or $2016 diluted per share, consolidated net income of $76,269,000, net income attributable to Minerals Technologies Inc. was $74,147,000 or $2.09 diluted per share on net sales of $996,764,000 for the same period a year ago. Cash flow from continuing operations was $137.5 million against $142.1 million for the same period a year ago. Capital expenditures was $43.9 million against $52.1 million for the same period a year ago. The increase in operating income was due to a strong operating performance highlighted by sales growth in both segments, a 5% company-wide productivity improvement and continued cost and expense control.