MINERALS TECHNOLOGIES INC. AND SUBSIDIARY COMPANIES  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS  F-31  The Company announced on February 14, 2014 that it has made a proposal to acquire all outstanding shares of AMCOL  International Corporation, a company publicly traded on the New York Stock Exchange, for $42 per share in cash. The  Company is confident in its ability to finance the transaction. If the proposal is accepted, the transaction would be expected  to close in the first half of 2014 and would be conditioned upon customary closing conditions.  Note 23. Subsequent Event Market price range per share of common stock:  High .............................................................  $  43.04 $  43.12 $  49.03  $ 60.40  Low ..............................................................  $  39.54 $  38.43 $  42.53  $ 49.28  Close ............................................................  $  41.51 $  41.34 $  48.95  $ 60.07  Dividends paid per common share........................ $  0.05 $  0.05 $  0.05  $ 0.05  2012 Quarters  First  Second Third  Fourth Net Sales by Major Product Line  PCC ................................................................... $  135.5 $  133.7 $  134.5  $ 133.7 Processed Minerals ........................................... 29.6 31.8 28.6  26.0 Specialty Minerals Segment ........................  165.1 165.5 163.1  159.7 Refractories Segment...................................  89.4 85.9 84.7  83.4 Net sales................................................................ 254.5 251.4 247.8  243.1 Gross profit ........................................................... 55.6 56.8 55.6  54.3  Income from operations........................................ 27.9 30.1 28.6  27.0  Income from continuing operations ...................... 19.2 20.7 19.7  19.1  Loss from discontinued operations ....................... (0.6) (0.5) (0.5) (0.9)  Net income attributable to MTI ..........  $  18.0 $  19.7 $  18.6  $  17.7  Basic EPS:  Income from continuing operations attributable  to MTI............................................................  $  0.53 $  0.57  $  0.54  $ 0.53  Loss from discontinued operations attributable to  MTI................................................................. $  (0.02 )  $  (0.01 )  $  (0.01)  $ (0.03)  Net Income attributable to MTI common shareholders .................................................... $  0.51 $  0.56  $  0.53  $ 0.50  Diluted EPS:  Income from continuing operations attributable  to MTI............................................................  $  0.53 $  0.57  $  0.54  $ 0.53  Loss from discontinued operations attributable to  MTI................................................................. $  (0.02 )  $  (0.01 )  $  (0.01)  $ (0.03)  Net Income attributable to MTI common shareholders .................................................... $  0.51 $  0.56  $  0.53  $ 0.50  Market price range per share of common stock:  High .............................................................  $  33.96 $  33.60 $  36.99  $ 39.92  Low ..............................................................  $  28.78 $  30.81 $  30.50  $ 34.25  Close ............................................................  $  32.70 $  31.89 $  35.46  $ 39.92  Dividends paid per common share ................  $  0.025 $  0.025 $  0.025  $ 0.05 