falseFY20180001637913P3YP15Y530000044000000.0150000000069644918P5Y120000000140000040000000380000000.010.0150000000000P3YP4YP4YP3YP3Y0.42000.39500.42000.39500.01590.02170.01590.021716.0020.00P10YP6Y3MP6Y3MP6Y3MP6Y3MP2Y0272662 0001637913 2018-01-01 2018-12-31 0001637913 2018-12-31 0001637913 2017-12-31 0001637913 2017-01-01 2017-12-31 0001637913 2016-01-01 2016-12-31 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-01-01 2016-12-31 0001637913 srt:ScenarioPreviouslyReportedMember 2016-12-31 0001637913 us-gaap:TreasuryStockCommonMember 2017-12-31 0001637913 us-gaap:AdditionalPaidInCapitalMember 2016-01-01 2016-12-31 0001637913 us-gaap:TreasuryStockCommonMember 2016-12-31 0001637913 us-gaap:CommonStockMember 2017-01-01 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 0001637913 us-gaap:TreasuryStockCommonMember 2018-01-01 2018-12-31 0001637913 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001637913 us-gaap:RetainedEarningsMember 2018-12-31 0001637913 us-gaap:CommonStockMember 2016-01-01 2016-12-31 0001637913 us-gaap:CommonStockMember 2018-12-31 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-12-31 0001637913 us-gaap:CommonStockMember 2017-12-31 0001637913 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-12-31 0001637913 us-gaap:AdditionalPaidInCapitalMember 2015-12-31 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-12-31 0001637913 srt:RestatementAdjustmentMember mcrn:AccountingStandardsUpdate201609andAccountingStandardsUpdate201616Member 2017-01-01 0001637913 us-gaap:CommonStockMember 2015-12-31 0001637913 us-gaap:CommonStockMember 2017-01-01 2017-12-31 0001637913 2017-01-01 0001637913 us-gaap:RetainedEarningsMember 2016-01-01 2016-12-31 0001637913 srt:ScenarioPreviouslyReportedMember us-gaap:RetainedEarningsMember 2016-12-31 0001637913 us-gaap:CommonStockMember 2018-01-01 2018-12-31 0001637913 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001637913 us-gaap:RetainedEarningsMember 2017-12-31 0001637913 2015-12-31 0001637913 us-gaap:TreasuryStockCommonMember 2018-12-31 0001637913 srt:ScenarioPreviouslyReportedMember us-gaap:CommonStockMember 2016-12-31 0001637913 us-gaap:RetainedEarningsMember 2017-01-01 0001637913 us-gaap:TreasuryStockCommonMember 2015-12-31 0001637913 us-gaap:TreasuryStockCommonMember 2017-01-01 0001637913 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 0001637913 us-gaap:RetainedEarningsMember 2018-01-01 2018-12-31 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-12-31 0001637913 srt:ScenarioPreviouslyReportedMember us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0001637913 srt:RestatementAdjustmentMember mcrn:AccountingStandardsUpdate201609andAccountingStandardsUpdate201616Member us-gaap:RetainedEarningsMember 2017-01-01 0001637913 srt:RestatementAdjustmentMember us-gaap:AccountingStandardsUpdate201609Member us-gaap:AdditionalPaidInCapitalMember 2017-01-01 0001637913 us-gaap:RetainedEarningsMember 2017-01-01 2017-12-31 0001637913 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-12-31 0001637913 us-gaap:RetainedEarningsMember 2015-12-31 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001637913 srt:ScenarioPreviouslyReportedMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0001637913 2016-12-31 0001637913 2018-10-01 2018-12-31 0001637913 srt:MinimumMember us-gaap:BuildingMember 2018-01-01 2018-12-31 0001637913 us-gaap:AccountingStandardsUpdate201609Member us-gaap:RetainedEarningsMember 2017-01-01 0001637913 us-gaap:InterestExpenseMember 2016-01-01 2016-12-31 0001637913 srt:MinimumMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember 2019-01-01 0001637913 srt:MaximumMember us-gaap:MachineryAndEquipmentMember 2018-01-01 2018-12-31 0001637913 us-gaap:AccountingStandardsUpdate201609Member 2017-01-01 0001637913 srt:MaximumMember us-gaap:ScenarioForecastMember us-gaap:SubsequentEventMember 2019-01-01 0001637913 us-gaap:InterestExpenseMember 2018-01-01 2018-12-31 0001637913 srt:MaximumMember us-gaap:BuildingMember 2018-01-01 2018-12-31 0001637913 us-gaap:InterestExpenseMember 2017-01-01 2017-12-31 0001637913 us-gaap:AccountingStandardsUpdate201616Member us-gaap:RetainedEarningsMember 2017-01-01 0001637913 srt:MinimumMember us-gaap:MachineryAndEquipmentMember 2018-01-01 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember 2017-01-01 2017-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember 2016-01-01 2016-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember 2018-01-01 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember 2016-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember 2015-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember 2017-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember 2018-12-31 0001637913 us-gaap:LandMember 2018-12-31 0001637913 us-gaap:LandMember 2017-12-31 0001637913 us-gaap:MachineryAndEquipmentMember 2018-12-31 0001637913 us-gaap:BuildingMember 2018-12-31 0001637913 us-gaap:BuildingMember 2017-12-31 0001637913 us-gaap:MachineryAndEquipmentMember 2017-12-31 0001637913 us-gaap:DiscontinuedOperationsHeldforsaleMember mcrn:BlowMoldingBusinessMember 2017-01-01 2017-12-31 0001637913 us-gaap:DiscontinuedOperationsHeldforsaleMember mcrn:BlowMoldingBusinessMember 2016-01-01 2016-12-31 0001637913 us-gaap:DiscontinuedOperationsHeldforsaleMember mcrn:BlowMoldingBusinessMember 2018-01-01 2018-12-31 0001637913 us-gaap:DiscontinuedOperationsHeldforsaleMember mcrn:BlowMoldingBusinessMember 2018-12-31 0001637913 us-gaap:DiscontinuedOperationsHeldforsaleMember mcrn:BlowMoldingBusinessMember 2017-12-31 0001637913 mcrn:JobShopsAndOtherMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:ConsumerGoodsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:MedicalMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 srt:NorthAmericaMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:CustomMoldersAndOtherMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:MoldMakersAndOtherMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:DistributorsMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 country:IN mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:PackagingMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:CustomMoldersAndOtherMember 2018-01-01 2018-12-31 0001637913 country:IN mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:MoldMakersAndOtherMember 2018-01-01 2018-12-31 0001637913 mcrn:OtherGeographicalMembersMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:MedicalMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 country:CN 2018-01-01 2018-12-31 0001637913 mcrn:JobShopsAndOtherMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:AutomotiveMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:ElectronicsMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:AutomotiveMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 srt:NorthAmericaMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:DistributorsMember 2018-01-01 2018-12-31 0001637913 mcrn:PackagingMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:CustomMoldersAndOtherMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 srt:NorthAmericaMember 2018-01-01 2018-12-31 0001637913 mcrn:OtherGeographicalMembersMember 2018-01-01 2018-12-31 0001637913 srt:EuropeMember 2018-01-01 2018-12-31 0001637913 country:IN mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:PackagingMember 2018-01-01 2018-12-31 0001637913 mcrn:PackagingMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 srt:EuropeMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 country:CN mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:JobShopsAndOtherMember 2018-01-01 2018-12-31 0001637913 mcrn:DistributorsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 country:CN mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 us-gaap:ConstructionMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:ElectronicsMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 us-gaap:ConstructionMember 2018-01-01 2018-12-31 0001637913 mcrn:MoldMakersAndOtherMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 country:CN mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:ConsumerGoodsMember 2018-01-01 2018-12-31 0001637913 us-gaap:ConstructionMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:AutomotiveMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:ElectronicsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:DistributorsMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:MoldMakersAndOtherMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:JobShopsAndOtherMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:OtherGeographicalMembersMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:MedicalMember 2018-01-01 2018-12-31 0001637913 us-gaap:ConstructionMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:CustomMoldersAndOtherMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 country:IN 2018-01-01 2018-12-31 0001637913 mcrn:AutomotiveMember 2018-01-01 2018-12-31 0001637913 mcrn:MedicalMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 srt:EuropeMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 srt:EuropeMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:ConsumerGoodsMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 srt:NorthAmericaMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 mcrn:ConsumerGoodsMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 mcrn:ElectronicsMember 2018-01-01 2018-12-31 0001637913 mcrn:OtherGeographicalMembersMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 us-gaap:TechnologyBasedIntangibleAssetsMember 2018-12-31 0001637913 us-gaap:TrademarksMember 2018-12-31 0001637913 us-gaap:CustomerRelationshipsMember 2018-12-31 0001637913 us-gaap:TrademarksMember 2018-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:FluidTechnologiesMember 2017-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2017-12-31 0001637913 us-gaap:CorporateNonSegmentMember 2018-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:FluidTechnologiesMember 2017-01-01 2017-12-31 0001637913 us-gaap:CorporateNonSegmentMember 2017-01-01 2017-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:MeltDeliveryandControlSystemsMember 2018-01-01 2018-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:MeltDeliveryandControlSystemsMember 2016-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:FluidTechnologiesMember 2018-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:MeltDeliveryandControlSystemsMember 2018-12-31 0001637913 us-gaap:CorporateNonSegmentMember 2018-01-01 2018-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:FluidTechnologiesMember 2016-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:FluidTechnologiesMember 2018-01-01 2018-12-31 0001637913 us-gaap:CorporateNonSegmentMember 2017-12-31 0001637913 us-gaap:CorporateNonSegmentMember 2016-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2017-01-01 2017-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:MeltDeliveryandControlSystemsMember 2017-01-01 2017-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:MeltDeliveryandControlSystemsMember 2017-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2016-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2018-01-01 2018-12-31 0001637913 us-gaap:TechnologyBasedIntangibleAssetsMember 2017-12-31 0001637913 us-gaap:CustomerRelationshipsMember 2017-12-31 0001637913 us-gaap:TrademarksMember 2017-12-31 0001637913 us-gaap:TrademarksMember 2017-12-31 0001637913 us-gaap:ForeignCountryMember 2018-01-01 2018-12-31 0001637913 us-gaap:ForeignCountryMember 2017-03-01 0001637913 us-gaap:ForeignCountryMember 2018-12-31 0001637913 us-gaap:DomesticCountryMember 2018-01-01 2018-12-31 0001637913 mcrn:TaxCreditCarryforwardDoNotExpireMember 2018-12-31 0001637913 us-gaap:DomesticCountryMember 2018-12-31 0001637913 us-gaap:ForeignCountryMember 2017-12-31 0001637913 mcrn:TaxCreditCarryforwardExpireMember 2018-12-31 0001637913 mcrn:CapitalLeaseObligationsandOtherMember 2018-12-31 0001637913 mcrn:OtherLinesOfCreditMember us-gaap:LineOfCreditMember 2017-12-31 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member 2018-12-31 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member 2017-12-31 0001637913 mcrn:CapitalLeaseObligationsandOtherMember 2017-12-31 0001637913 mcrn:OtherLinesOfCreditMember us-gaap:LineOfCreditMember 2018-12-31 0001637913 mcrn:OtherLinesOfCreditMember mcrn:CapitalLeaseObligationsandOtherMember 2018-12-31 0001637913 mcrn:DebtInstrumentCovenantBorrowingsGreaterThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:BaseRateMember 2017-11-08 2017-11-08 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueMarch2020Member us-gaap:LineOfCreditMember 2017-02-15 2017-02-15 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2012-04-30 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:DomesticLineOfCreditMember 2014-03-17 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-02-15 0001637913 mcrn:SeniorUnsecuredNotesDue2021Member us-gaap:SeniorNotesMember 2013-03-28 0001637913 us-gaap:LetterOfCreditMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2017-12-31 0001637913 srt:MinimumMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-11-08 0001637913 country:CA us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:ForeignLineOfCreditMember 2013-03-28 0001637913 mcrn:SeniorUnsecuredNotesDue2021Member us-gaap:SeniorNotesMember 2017-02-15 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member 2018-01-01 2018-12-31 0001637913 mcrn:DebtInstrumentCovenantBorrowingsGreaterThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:BaseRateMember 2017-02-15 2017-02-15 0001637913 mcrn:SeniorUnsecuredNotesDue2021Member us-gaap:SeniorNotesMember 2017-02-15 2017-02-15 0001637913 mcrn:DebtInstrumentCovenantBorrowingsLessThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:BaseRateMember 2017-11-08 2017-11-08 0001637913 mcrn:DebtInstrumentCovenantBorrowingsLessThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:BaseRateMember 2017-02-15 2017-02-15 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2020Member us-gaap:LineOfCreditMember 2015-05-14 0001637913 mcrn:OtherLinesOfCreditMember mcrn:CapitalLeaseObligationsandOtherMember 2017-12-31 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2020Member us-gaap:SeniorNotesMember 2017-02-15 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:DomesticLineOfCreditMember 2018-04-27 2018-04-27 0001637913 us-gaap:LetterOfCreditMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2018-12-31 0001637913 mcrn:SeniorUnsecuredNotesDue2021Member us-gaap:SeniorNotesMember 2016-03-01 2016-03-31 0001637913 mcrn:LettersofCreditandBankGuaranteesMember mcrn:OtherLinesOfCreditMember mcrn:CapitalLeaseObligationsandOtherMember 2017-12-31 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2014-10-17 2014-10-17 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:DomesticLineOfCreditMember 2014-03-17 2014-03-17 0001637913 country:CA us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:ForeignLineOfCreditMember 2014-03-17 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member 2017-02-15 0001637913 mcrn:DebtInstrumentCovenantBorrowingsLessThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-02-15 2017-02-15 0001637913 mcrn:PostPublicOfferingInterestRateOptionTwoMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:FederalFundsEffectiveSwapRateMember 2017-02-15 2017-02-15 0001637913 country:CA us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:ForeignLineOfCreditMember 2014-03-17 2014-03-17 0001637913 mcrn:PostPublicOfferingInterestRateOptionTwoMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-02-15 2017-02-15 0001637913 country:DE us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:ForeignLineOfCreditMember 2014-10-17 0001637913 mcrn:LettersofCreditandBankGuaranteesMember mcrn:OtherLinesOfCreditMember mcrn:CapitalLeaseObligationsandOtherMember 2018-12-31 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member 2017-11-08 2017-11-08 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:DomesticLineOfCreditMember 2012-04-30 0001637913 us-gaap:LineOfCreditMember mcrn:OtherLinesOfCreditMember mcrn:CapitalLeaseObligationsandOtherMember 2017-12-31 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2013-03-28 2013-03-28 0001637913 mcrn:DebtInstrumentCovenantBorrowingsLessThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-11-08 2017-11-08 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2018-04-27 2018-04-27 0001637913 mcrn:DebtInstrumentCovenantBorrowingsGreaterThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-02-15 2017-02-15 0001637913 mcrn:SeniorUnsecuredNotesDue2021Member us-gaap:SeniorNotesMember 2017-01-01 2017-12-31 0001637913 mcrn:SeniorSecuredNotesdue2021andSeniorSecuredTermLoanFacilitydueSeptember2020Member mcrn:GainLossonExtinguishmentofDebtMember mcrn:SeniorSecuredNotesandLineofCreditMember 2017-01-01 2017-12-31 0001637913 us-gaap:LineOfCreditMember mcrn:OtherLinesOfCreditMember mcrn:CapitalLeaseObligationsandOtherMember 2018-12-31 0001637913 mcrn:GainLossonExtinguishmentofDebtMember 2018-01-01 2018-12-31 0001637913 srt:MinimumMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-02-15 0001637913 mcrn:DebtInstrumentCovenantBorrowingsGreaterThanLeverageRatioMember us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-11-08 2017-11-08 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:DomesticLineOfCreditMember 2013-03-28 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:FairValueInputsLevel2Member us-gaap:LineOfCreditMember 2018-12-31 0001637913 mcrn:GainLossonExtinguishmentofDebtMember 2017-01-01 2017-12-31 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2020Member us-gaap:SeniorNotesMember 2015-05-14 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredAssetBasedRevolvingCreditFacilityMember us-gaap:LineOfCreditMember 2012-04-30 2012-04-30 0001637913 us-gaap:PensionPlansDefinedBenefitMember 2018-01-01 2018-12-31 0001637913 us-gaap:PensionPlansDefinedBenefitMember 2017-01-01 2017-12-31 0001637913 us-gaap:PensionPlansDefinedBenefitMember 2016-01-01 2016-12-31 0001637913 us-gaap:PensionPlansDefinedBenefitMember 2018-12-31 0001637913 us-gaap:PensionPlansDefinedBenefitMember 2017-12-31 0001637913 us-gaap:PensionPlansDefinedBenefitMember 2016-12-31 0001637913 us-gaap:PensionPlansDefinedBenefitMember 2015-12-31 0001637913 us-gaap:DebtSecuritiesMember us-gaap:PensionPlansDefinedBenefitMember 2018-12-31 0001637913 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember 2018-12-31 0001637913 us-gaap:DebtSecuritiesMember us-gaap:PensionPlansDefinedBenefitMember 2017-12-31 0001637913 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember 2018-12-31 0001637913 us-gaap:EquitySecuritiesMember us-gaap:PensionPlansDefinedBenefitMember 2017-12-31 0001637913 us-gaap:CashAndCashEquivalentsMember us-gaap:PensionPlansDefinedBenefitMember 2017-12-31 0001637913 us-gaap:ForeignPlanMember us-gaap:PensionPlansDefinedBenefitMember 2018-01-01 2018-12-31 0001637913 mcrn:The401kPlanMember country:US 2016-01-01 2016-12-31 0001637913 country:GB us-gaap:PensionPlansDefinedBenefitMember 2018-01-01 2018-12-31 0001637913 mcrn:The401kPlanMember country:US 2017-01-01 2017-12-31 0001637913 mcrn:The401kPlanMember country:US 2018-01-01 2018-12-31 0001637913 country:DE us-gaap:PensionPlansDefinedBenefitMember 2018-01-01 2018-12-31 0001637913 us-gaap:TreasuryStockCommonMember 2018-12-01 2018-12-31 0001637913 2018-11-30 0001637913 2018-11-01 2018-11-30 0001637913 us-gaap:EmployeeStockOptionMember 2017-01-01 2017-12-31 0001637913 us-gaap:PerformanceSharesMember 2017-01-01 2017-12-31 0001637913 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-12-31 0001637913 us-gaap:EmployeeStockOptionMember 2016-01-01 2016-12-31 0001637913 us-gaap:PerformanceSharesMember 2018-01-01 2018-12-31 0001637913 mcrn:StockAppreciationRightsSARsTimeBasedMember mcrn:EquityIncentivePlan2012Member 2018-12-31 0001637913 mcrn:EmployeeStockOptionTimeBasedMember 2018-01-01 2018-12-31 0001637913 us-gaap:RestrictedStockMember mcrn:EquityIncentivePlan2015Member 2016-01-01 2016-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:AccruedSalariesWagesAndOtherCompensationMember mcrn:EquityIncentivePlan2012Member 2018-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member 2018-12-31 0001637913 srt:MinimumMember us-gaap:PerformanceSharesMember mcrn:EquityIncentivePlan2015Member 2018-01-01 2018-12-31 0001637913 us-gaap:PerformanceSharesMember 2018-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member 2016-01-01 2016-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member 2018-01-01 2018-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember 2017-01-01 2017-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheOneMember 2018-01-01 2018-12-31 0001637913 us-gaap:PerformanceSharesMember mcrn:EquityIncentivePlan2015Member 2017-01-01 2017-12-31 0001637913 us-gaap:PerformanceSharesMember mcrn:EquityIncentivePlan2015Member 2018-01-01 2018-12-31 0001637913 mcrn:EmployeeStockOptionTimeBasedMember 2016-01-01 2016-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member 2017-01-01 2017-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2017-01-01 2017-12-31 0001637913 us-gaap:PerformanceSharesMember mcrn:EquityIncentivePlan2015Member 2018-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember 2016-01-01 2016-12-31 0001637913 us-gaap:RestrictedStockMember 2018-01-01 2018-12-31 0001637913 us-gaap:RestrictedStockMember mcrn:EquityIncentivePlan2015Member 2017-01-01 2017-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheOneMember 2017-01-01 2017-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2018-01-01 2018-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:EquityIncentivePlan2012Member 2013-01-01 2015-12-31 0001637913 us-gaap:RestrictedStockMember mcrn:EquityIncentivePlan2015Member 2018-01-01 2018-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember 2018-01-01 2018-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:EquityIncentivePlan2015Member 2015-06-25 0001637913 mcrn:EmployeeStockOptionPerformanceBasedMember 2018-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member mcrn:ShareBasedCompensationAwardTrancheFourMember 2018-01-01 2018-12-31 0001637913 us-gaap:RestrictedStockMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2018-01-01 2018-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember 2018-12-31 0001637913 mcrn:StockAppreciationRightsSARsTimeBasedMember mcrn:EquityIncentivePlan2012Member 2013-01-01 2015-12-31 0001637913 mcrn:EmployeeStockOptionTimeBasedMember 2018-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember 2018-01-01 2018-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:EquityIncentivePlan2012Member 2016-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember 2017-01-01 2017-12-31 0001637913 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-12-31 0001637913 mcrn:EmployeeStockOptionTimeBasedMember 2017-01-01 2017-12-31 0001637913 srt:MinimumMember us-gaap:PerformanceSharesMember mcrn:EquityIncentivePlan2015Member 2017-01-01 2017-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheThreeMember 2017-01-01 2017-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember 2016-01-01 2016-12-31 0001637913 mcrn:StockAppreciationRightsSARsPerformanceBasedMember mcrn:EquityIncentivePlan2012Member 2018-12-31 0001637913 mcrn:EquityIncentivePlan2015Member 2018-04-01 2018-04-30 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:EquityIncentivePlan2015Member 2018-01-01 2018-12-31 0001637913 us-gaap:RestrictedStockMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheOneMember 2018-01-01 2018-12-31 0001637913 us-gaap:EmployeeStockOptionMember mcrn:EquityIncentivePlan2015Member 2015-06-25 2015-06-25 0001637913 us-gaap:RestrictedStockMember mcrn:EquityIncentivePlan2015Member 2018-12-31 0001637913 us-gaap:RestrictedStockMember 2017-01-01 2017-12-31 0001637913 srt:MaximumMember us-gaap:PerformanceSharesMember mcrn:EquityIncentivePlan2015Member 2017-01-01 2017-12-31 0001637913 us-gaap:RestrictedStockMember 2016-01-01 2016-12-31 0001637913 srt:MaximumMember us-gaap:PerformanceSharesMember mcrn:EquityIncentivePlan2015Member 2018-01-01 2018-12-31 0001637913 us-gaap:RestrictedStockUnitsRSUMember mcrn:EquityIncentivePlan2015Member us-gaap:ShareBasedCompensationAwardTrancheThreeMember 2018-01-01 2018-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:EquityIncentivePlan2015Member 2018-12-31 0001637913 us-gaap:RestrictedStockMember 2018-12-31 0001637913 mcrn:ExercisePriceRangeOneMember 2018-12-31 0001637913 mcrn:ExercisePriceRangeOneMember 2018-01-01 2018-12-31 0001637913 mcrn:ExercisePriceRangeTwoMember 2018-12-31 0001637913 mcrn:ExercisePriceRangeTwoMember 2018-01-01 2018-12-31 0001637913 us-gaap:RestrictedStockMember mcrn:EquityIncentivePlan2015Member 2015-06-25 2015-06-25 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:EquityIncentivePlan2015Member 2015-06-25 2015-06-25 0001637913 mcrn:EmployeeStockOptionPerformanceBasedMember 2017-01-01 2017-12-31 0001637913 srt:MaximumMember mcrn:EmployeeStockOptionPerformanceBasedMember 2018-01-01 2018-12-31 0001637913 mcrn:EmployeeStockOptionPerformanceBasedMember 2018-01-01 2018-12-31 0001637913 srt:MinimumMember mcrn:EmployeeStockOptionTimeBasedMember 2018-01-01 2018-12-31 0001637913 srt:MinimumMember mcrn:EmployeeStockOptionPerformanceBasedMember 2018-01-01 2018-12-31 0001637913 srt:MinimumMember mcrn:EmployeeStockOptionTimeBasedMember 2017-01-01 2017-12-31 0001637913 mcrn:EmployeeStockOptionPerformanceBasedMember 2016-01-01 2016-12-31 0001637913 srt:MinimumMember mcrn:EmployeeStockOptionPerformanceBasedMember 2017-01-01 2017-12-31 0001637913 srt:MaximumMember mcrn:EmployeeStockOptionTimeBasedMember 2018-01-01 2018-12-31 0001637913 srt:MaximumMember mcrn:EmployeeStockOptionPerformanceBasedMember 2016-01-01 2016-12-31 0001637913 srt:MinimumMember mcrn:EmployeeStockOptionTimeBasedMember 2016-01-01 2016-12-31 0001637913 srt:MaximumMember mcrn:EmployeeStockOptionTimeBasedMember 2017-01-01 2017-12-31 0001637913 srt:MaximumMember mcrn:EmployeeStockOptionTimeBasedMember 2016-01-01 2016-12-31 0001637913 srt:MaximumMember mcrn:EmployeeStockOptionPerformanceBasedMember 2017-01-01 2017-12-31 0001637913 srt:MinimumMember mcrn:EmployeeStockOptionPerformanceBasedMember 2016-01-01 2016-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:EquityIncentivePlan2015Member 2013-01-01 2015-12-31 0001637913 mcrn:StockAppreciationRightsSARsTimeBasedMember mcrn:EquityIncentivePlan2015Member 2013-01-01 2015-12-31 0001637913 us-gaap:StockAppreciationRightsSARSMember mcrn:AccruedSalariesWagesAndOtherCompensationMember mcrn:EquityIncentivePlan2015Member 2018-12-31 0001637913 us-gaap:ForeignExchangeForwardMember us-gaap:CashFlowHedgingMember 2017-01-01 2017-12-31 0001637913 us-gaap:ForeignExchangeForwardMember us-gaap:CashFlowHedgingMember 2016-01-01 2016-12-31 0001637913 us-gaap:CrossCurrencyInterestRateContractMember 2018-11-30 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:ForeignExchangeForwardMember us-gaap:NondesignatedMember 2018-12-31 0001637913 us-gaap:ForeignExchangeForwardMember us-gaap:NondesignatedMember us-gaap:ForeignCurrencyGainLossMember 2018-01-01 2018-12-31 0001637913 us-gaap:InterestRateSwapMember 2017-02-15 0001637913 us-gaap:ForeignExchangeForwardMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-12-31 0001637913 us-gaap:ForeignExchangeForwardMember 2017-12-31 0001637913 us-gaap:ForeignExchangeForwardMember 2018-12-31 0001637913 us-gaap:InterestRateSwapMember 2017-01-01 2017-12-31 0001637913 us-gaap:CrossCurrencyInterestRateContractMember 2018-01-01 2018-12-31 0001637913 us-gaap:InterestRateSwapMember 2018-01-01 2018-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:OtherNoncurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel2Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:CrossCurrencyInterestRateContractMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001637913 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-01-01 2017-12-31 0001637913 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-12-31 0001637913 us-gaap:AccumulatedTranslationAdjustmentMember 2017-01-01 2017-12-31 0001637913 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-01-01 2018-12-31 0001637913 us-gaap:AccumulatedTranslationAdjustmentMember 2018-01-01 2018-12-31 0001637913 us-gaap:AccumulatedTranslationAdjustmentMember 2018-12-31 0001637913 us-gaap:AccumulatedTranslationAdjustmentMember 2016-01-01 2016-12-31 0001637913 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-12-31 0001637913 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-01-01 2016-12-31 0001637913 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-01-01 2017-12-31 0001637913 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-12-31 0001637913 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2016-01-01 2016-12-31 0001637913 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-12-31 0001637913 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2015-12-31 0001637913 us-gaap:AccumulatedTranslationAdjustmentMember 2016-12-31 0001637913 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2016-12-31 0001637913 us-gaap:AccumulatedTranslationAdjustmentMember 2017-12-31 0001637913 us-gaap:AccumulatedTranslationAdjustmentMember 2015-12-31 0001637913 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2015-12-31 0001637913 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0001637913 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-12-31 0001637913 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-12-31 0001637913 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2016-01-01 2016-12-31 0001637913 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-01-01 2016-12-31 0001637913 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2018-01-01 2018-12-31 0001637913 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-12-31 0001637913 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-01-01 2017-12-31 0001637913 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2017-01-01 2017-12-31 0001637913 us-gaap:OtherOperatingIncomeExpenseMember mcrn:A2017RestructuringActionsMember 2017-01-01 2017-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember mcrn:Fiscal2016ActionsMember 2018-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember mcrn:A2017RestructuringActionsMember 2017-12-31 0001637913 us-gaap:OtherOperatingIncomeExpenseMember 2016-01-01 2016-12-31 0001637913 us-gaap:OtherOperatingIncomeExpenseMember 2017-01-01 2017-12-31 0001637913 srt:MaximumMember us-gaap:OtherOperatingIncomeExpenseMember 2016-01-01 2016-12-31 0001637913 us-gaap:OtherCurrentLiabilitiesMember mcrn:Fiscal2016ActionsMember 2017-12-31 0001637913 srt:MinimumMember us-gaap:OtherOperatingIncomeExpenseMember 2016-01-01 2016-12-31 0001637913 us-gaap:OtherOperatingIncomeExpenseMember mcrn:Fiscal2016ActionsMember 2018-01-01 2018-12-31 0001637913 us-gaap:OtherNoncurrentLiabilitiesMember 2018-12-31 0001637913 2017-06-01 2017-06-30 0001637913 2017-06-30 0001637913 2017-12-01 2017-12-31 0001637913 2018-01-01 2018-01-31 0001637913 country:IN 2017-01-01 2017-12-31 0001637913 country:IN 2016-01-01 2016-12-31 0001637913 country:US 2018-01-01 2018-12-31 0001637913 us-gaap:NonUsMember 2017-01-01 2017-12-31 0001637913 country:US 2016-01-01 2016-12-31 0001637913 us-gaap:NonUsMember 2018-01-01 2018-12-31 0001637913 country:CN 2017-01-01 2017-12-31 0001637913 country:CN 2016-01-01 2016-12-31 0001637913 country:US 2017-01-01 2017-12-31 0001637913 us-gaap:NonUsMember 2016-01-01 2016-12-31 0001637913 country:CN 2018-12-31 0001637913 country:IN 2017-12-31 0001637913 country:CZ 2017-12-31 0001637913 country:CZ 2018-12-31 0001637913 country:IN 2018-12-31 0001637913 country:CN 2017-12-31 0001637913 us-gaap:NonUsMember 2018-12-31 0001637913 country:CA 2017-12-31 0001637913 country:US 2017-12-31 0001637913 us-gaap:NonUsMember 2017-12-31 0001637913 country:US 2018-12-31 0001637913 country:CA 2018-12-31 0001637913 us-gaap:CorporateNonSegmentMember 2016-01-01 2016-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:AdvancedPlasticProcessingTechnologiesMember 2016-01-01 2016-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:MeltDeliveryandControlSystemsMember 2016-01-01 2016-12-31 0001637913 us-gaap:OperatingSegmentsMember mcrn:FluidTechnologiesMember 2016-01-01 2016-12-31 0001637913 2017-01-01 2017-03-31 0001637913 2017-10-01 2017-12-31 0001637913 2018-07-01 2018-09-30 0001637913 2017-04-01 2017-06-30 0001637913 2017-07-01 2017-09-30 0001637913 2018-04-01 2018-06-30 0001637913 2018-01-01 2018-03-31 0001637913 us-gaap:DiscontinuedOperationsHeldforsaleMember mcrn:BlowMoldingBusinessMember us-gaap:SubsequentEventMember 2019-07-01 2019-07-01 0001637913 us-gaap:SubsequentEventMember 2019-01-31 2019-01-31 0001637913 us-gaap:SubsequentEventMember 2019-08-01 0001637913 us-gaap:SecuredDebtMember mcrn:SeniorSecuredTermLoanFacilityDueSeptember2023Member us-gaap:SubsequentEventMember 2019-07-03 2019-07-03 0001637913 us-gaap:SubsequentEventMember 2019-08-01 2019-08-01 0001637913 mcrn:HillenbrandInc.Member us-gaap:SubsequentEventMember 2019-07-12 2019-07-12 0001637913 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2017-01-01 2017-12-31 0001637913 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2018-12-31 0001637913 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2016-12-31 0001637913 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2018-01-01 2018-12-31 0001637913 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2017-12-31 0001637913 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2016-01-01 2016-12-31 0001637913 us-gaap:ValuationAllowanceOfDeferredTaxAssetsMember 2015-12-31 0001637913 2019-09-06 2019-09-06 iso4217:USD xbrli:shares xbrli:shares iso4217:USD mcrn:segment mcrn:plan xbrli:pure mcrn:property iso4217:CAD iso4217:EUR

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

________________

FORM 8-K

________________

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

September 6, 2019

Date of Report (Date of earliest event reported)

________________

Milacron Holdings Corp.

(Exact name of registrant as specified in its charter)

________________

Delaware

(State or other jurisdiction

of incorporation)



001-37458			80-0798640
(Commission File Number)			(IRS Employer Identification No.)

10200 Alliance Road,	Suite 200
Cincinnati,	Ohio		45242
(Address of principal executive offices)			(Zip Code)

	(513)	487-5000
	(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:



Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, $0.01 par value per share	MCRN	New York Stock Exchange

________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):



☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§203.405 of this chapter or Rule 12b-2 of the Securities Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financing accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 8.01	Other Items.

This Current Report on Form 8-K is being filed by Milacron Holdings Corp. ("Milacron") to recast certain information in the Annual Report on Form 10-K for the year ended December 31, 2018 (the "2018 Form 10-K"), which Milacron filed on February 28, 2019. Milacron is filing herewith updated financial statements and other affected financial information for the periods included in the 2018 Form 10-K that reflect retrospective adjustments resulting from certain accounting changes. Specifically, Part I, Items 1 and 1A, Part II, Items 6, 7, 7A and 8 and Part IV, Item 15 of Milacron's 2018 Form 10-K have been adjusted to reflect changes arising from the divestiture of Milacron's blow molding business which has been applied retrospectively in the updated financial statements filed herewith.

The information in the Current Report on Form 8-K is not an amendment to or restatement of Milacron's 2018 Form 10-K. This Current report on Form 10-K should be read in conjunction with the 2018 Form 10-K and the June 30, 2019 Form 10-Q.



Item 9.01	Financial Statements and Exhibits.

(d) Exhibits.




Exhibit No.		Description

23.1		Consent of Ernst & Young LLP

99.1		Updates to Annual Report on Form 10-K for the Year Ended December 31, 2018

		Part I. Item 1. Business
		Part I. Item 1A. Risk Factors
		Part II. Item 6. Selected Financial Data
		Part II. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
		Part II. Item 7A. Quantitative and Qualitative Disclosures About Market Risk
		Part II. Item 8. Financial Statements and Supplementary Data
		Part IV. Item 15. Exhibits and Financial Statement Schedules

101.0		The following materials from Milacron Holdings Corp.'s Annual Report on Form 10-K for the year ended December 31, 2018, formatted in XBRL (Extensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Comprehensive Income (Loss), (iv) the Consolidated Statements of Shareholders' Equity, (v) Consolidated Statements of Cash Flows, and (vi) the Notes to the Consolidated Financial Statements.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.




MILACRON HOLDINGS CORP.

By:		/s/ Hugh O'Donnell
Name:		Hugh O'Donnell
Title:		Vice President, General Counsel and Secretary

Date: September 6, 2019

EXHIBIT INDEX




Exhibit No.		Description

23.1		Consent of Ernst & Young LLP

99.1		Updates to Annual Report on Form 10-K for the Year Ended December 31, 2018

		Part I. Item 1. Business
		Part I. Item 1A. Risk Factors
		Part II. Item 6. Selected Financial Data
		Part II. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
		Part II. Item 7A. Quantitative and Qualitative Disclosures About Market Risk
		Part II. Item 8. Financial Statements and Supplementary Data
		Part IV. Item 15. Exhibits and Financial Statement Schedules

101.0		The following materials from Milacron Holdings Corp.'s Annual Report on Form 10-K for the year ended December 31, 2018, formatted in XBRL (Extensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Comprehensive Loss, (iv) the Consolidated Statements of Shareholders' Equity, (v) Consolidated Statements of Cash Flows, and (vi) the Notes to the Consolidated Financial Statements.

Milacron Holdings Corp. 8-K