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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 24,110 $ 25,760
Accounts receivable, net 109,511 107,628
Inventories 12,686 13,134
Prepaid expenses and other current assets 15,031 16,066
Total current assets 161,338 162,588
Property, plant and equipment, net 86,578 92,681
Intangible assets, net 59,381 68,642
Goodwill 205,439 206,008
Deferred income taxes 2,174 2,069
Other assets 47,285 51,325
Total assets 562,195 583,313
Current Liabilities    
Accounts payable 12,870 14,240
Accrued expenses and other current liabilities 83,863 78,500
Current portion of long-term debt 20,162 10,678
Current portion of finance lease obligations 3,765 3,765
Income taxes payable 755 2,664
Total current liabilities 121,415 109,847
Long-term debt, net of current portion 182,403 209,538
Obligations under finance leases, net of current portion 9,752 11,115
Deferred income taxes 8,385 8,236
Other long-term liabilities 39,328 47,358
Total Liabilities 361,283 386,094
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 29,546,263 and 29,234,143 shares issued 295 292
Additional paid-in capital 238,687 234,638
Accumulated Deficit (17,988) (21,848)
Accumulated other comprehensive loss (20,311) (16,061)
Total Mistras Group, Inc. stockholders’ equity 200,683 197,021
Non-controlling interests 229 198
Total Equity 200,912 197,219
Total Liabilities and Equity $ 562,195 $ 583,313