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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 22,588 $ 15,016
Accounts receivable, net 103,698 135,997
Inventories 14,267 13,413
Prepaid expenses and other current assets 13,045 14,729
Total current assets 153,598 179,155
Property, plant and equipment, net 93,238 98,607
Intangible assets, net 70,848 109,537
Goodwill 199,277 282,410
Deferred income taxes 1,781 1,786
Other assets 48,936 48,383
Total assets 567,678 719,878
Current Liabilities    
Accounts payable 8,239 15,033
Accrued expenses and other current liabilities 77,308 81,389
Current portion of long-term debt 8,735 6,593
Current portion of finance lease obligations 3,642 4,131
Income taxes payable 2,569 2,094
Total current liabilities 100,493 109,240
Long-term debt, net of current portion 230,661 248,120
Obligations under finance leases, net of current portion 11,964 13,043
Deferred income taxes 6,574 21,290
Other long-term liabilities 41,523 42,163
Total liabilities 391,215 433,856
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 29,110,362 and 28,945,472 shares issued 291 289
Additional paid-in capital 231,724 229,205
Retained earnings (deficit) (23,552) 77,613
Accumulated other comprehensive loss (32,172) (21,285)
Total Mistras Group, Inc. stockholders’ equity 176,291 285,822
Non-controlling interests 172 200
Total equity 176,463 286,022
Total liabilities and equity $ 567,678 $ 719,878