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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 17,027 $ 15,016
Accounts receivable, net 125,130 135,997
Inventories 13,510 13,413
Prepaid expenses and other current assets 13,151 14,729
Total current assets 168,818 179,155
Property, plant and equipment, net 94,971 98,607
Intangible assets, net 72,019 109,537
Goodwill 196,289 282,410
Deferred income taxes 1,910 1,786
Other assets 49,538 48,383
Total assets 583,545 719,878
Current Liabilities    
Accounts payable 13,110 15,033
Accrued expenses and other current liabilities 75,156 81,389
Current portion of long-term debt 7,240 6,593
Current portion of finance lease obligations 3,847 4,131
Income taxes payable 2,067 2,094
Total current liabilities 101,420 109,240
Long-term debt, net of current portion 250,786 248,120
Obligations under finance leases, net of current portion 12,401 13,043
Deferred income taxes 6,761 21,290
Other long-term liabilities 40,424 42,163
Total liabilities 411,792 433,856
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 29,042,069 and 28,945,472 shares issued 290 289
Additional paid-in capital 230,472 229,205
Retained earnings (deficit) (20,896) 77,613
Accumulated other comprehensive loss (38,294) (21,285)
Total Mistras Group, Inc. stockholders’ equity 171,572 285,822
Non-controlling interests 181 200
Total equity 171,753 286,022
Total liabilities and equity $ 583,545 $ 719,878