MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES  CONSOLIDATED STATEMENTS OF INCOME (thousands of dollars, except per share data)  See Notes to Consolidated Financial Statements, which are an integral part of these statements.  Year Ended December 31,  2013  2012  2011  Net sales.............................................................................................................. $ 1,018,181  $  996,764 $ 1,032,933  Cost of goods sold............................................................................................... 784,536 774,466 818,743  Production margin ......................................................................................... 233,645 222,298 214,190  Marketing and administrative expenses .............................................................. 89,231  88,485 91,212  Research and development expenses .................................................................. 20,053  20,173 19,330  Insurance settlement (gain) ................................................................................. (2,491 )  -- --  Restructuring and other costs .............................................................................. -- -- (411)  Income from operations................................................................................. 126,852 113,640 104,059  Interest income .............................................................................................. 3,016  3,168 3,907  Interest expense ............................................................................................. (3,263 )  (3,221 ) (3,254)  Foreign exchange losses ................................................................................ (2,109 )  (1,348 ) (1,211)  Other deductions............................................................................................ (786)  (1,594 ) (2,040)  Non-operating deductions, net ............................................................................ (3,142 )  (2,995 ) (2,598)  Income from continuing operations before provision  for taxes on income .................................................................................. 123,710 110,645 101,461  Provision for taxes on income............................................................................. 34,515  31,926 28,675 Income from continuing operations, net of tax .............................................. 89,195  78,719 72,786  Loss from discontinued operations, net of tax ............................................... (5,744 )  (2,450 )  (2,532)  Consolidated net income................................................................................ 83,451  76,269 70,254  Less: Net income attributable to non-controlling interests ................................. (3,121 )  (2,122 ) (2,733)  Net income attributable to Minerals Technologies Inc. (MTI) ................ $  80,330   $  74,147 $  67,521 Earnings per share:  Basic:  Income from continuing operations attributable to MTI ............................... $  2.48   $  2.17 $  1.94 Loss from discontinued operations attributable to MTI ................................ (0.17 )  (0.07 ) (0.07) Basic earnings per share attributable to MTI ...................................... $  2.31   $  2.10 $ 1.87 Diluted:  Income from continuing operations attributable to MTI ............................... $  2.46   $  2.16 $ 1.93 Loss from discontinued operations attributable to MTI ................................ (0.16 )  (0.07 ) (0.07) Diluted earnings per share attributable to MTI ................................... $  2.30   $  2.09 $ 1.86 F-3 