0001564590-21-053644.txt : 20211103 0001564590-21-053644.hdr.sgml : 20211103 20211102180045 ACCESSION NUMBER: 0001564590-21-053644 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20211102 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20211103 DATE AS OF CHANGE: 20211102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Mayville Engineering Company, Inc. CENTRAL INDEX KEY: 0001766368 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] IRS NUMBER: 390944729 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38894 FILM NUMBER: 211372811 BUSINESS ADDRESS: STREET 1: 715 SOUTH STREET CITY: MAYVILLE STATE: WI ZIP: 53050 BUSINESS PHONE: 920-387-4500 MAIL ADDRESS: STREET 1: 715 SOUTH STREET CITY: MAYVILLE STATE: WI ZIP: 53050 FORMER COMPANY: FORMER CONFORMED NAME: Mayville Engineering Comapny, Inc. DATE OF NAME CHANGE: 20190130 8-K 1 mec-8k_20211102.htm 8-K mec-8k_20211102.htm
false 0001766368 0001766368 2021-11-02 2021-11-02

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 2, 2021

 

Mayville Engineering Company, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

 

Wisconsin

 

001-38894

 

39-0944729

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

715 South Street, Mayville, Wisconsin 53050

(Address of principal executive offices, including zip code)

(920) 387-4500

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

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:

 

 ☐

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)

 

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

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, no par value

 

MEC

 

New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange 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 financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 

 

 

 

Item 2.02. Results of Operations and Financial Condition.

On November 2, 2021, Mayville Engineering Company, Inc. issued a press release announcing financial results for its third quarter ended September 30, 2021. A copy of such press release is furnished as Exhibit 99 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

 

(a)

Not applicable.

 

(b)

Not applicable.

 

(c)

Not applicable.

 

 (d)

Exhibits. The exhibit listed in the exhibit index below is being furnished herewith.

EXHIBIT INDEX

 

Exhibit
Number

  

 

 

 

99

  

Press Release of Mayville Engineering Company, Inc., dated November 2, 2021 regarding financial results for its third quarter ended September 30, 2021.

 

 

 

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

2

 

 

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.

 

 

 

MAYVILLE ENGINEERING COMPANY, INC.

 

 

 

 

 

Date: November 3, 2021

 

By:

 

/s/ Todd M. Butz

 

 

 

 

Todd M. Butz

 

 

 

 

Chief Financial Officer

 

 

 

 EX-99 2 mec-ex99_6.htm EX-99 mec-ex99_6.htm

Exhibit 99

MAYVILLE ENGINEERING COMPANY, INC. ANNOUNCES

THIRD QUARTER 2021 RESULTS

 

 

Mayville, WI/November 2, 2021/Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket components, today announced results for the third quarter ended September 30, 2021.

 

Third Quarter Highlights:

•

Produced net sales of $109.0 million

•

Recorded net income of $0.3 million

•

Generated Adjusted EBITDA of $10.0 million

•

Expanding investment in new Hazel Park, MI facility; Initial phase remains on track to open in 1H22, second phase planned for 2H22

•

Modifying 2021 financial outlook back to original projections based on short-term volume changes

 

“We continue to see strong medium- and long-term demand trends across the end markets we serve today and are seeing increased interest in our services from a broadening range of companies in some of these markets.” said Bob Kamphuis, Chairman, President and CEO. “Our customers’ supply chain constraints have resulted in near-term volume deferments. We continue to encounter inflationary pressures on manufacturing costs and raw materials, which we expect to recover through price pass throughs. Recruiting quality employees remains a challenge although the continued investment in flexible, redeployable automation and process improvements is allowing us to cost effectively grow our capacity.  As we manage through these external headwinds, we are maintaining and growing our skilled labor force, despite the short-term impact on margins, to remain prepared for the forecasted strong customer demand when these supply chain issues are resolved.”

Kamphuis added, “I am pleased to report that we remain on track with the plans at our new facility in Hazel Park, Michigan to support our new customer in the fitness market.  We are now also adding more manufacturing capacity at this location to support overall positive demand trends for other customers.  We continue to expect the initial phase of capacity to be ready during the first half of 2022 and the second phase to be ready in the second half of 2022.”

 

 

 

 

Third Quarter 2021 Results

Net sales were $109.0 million for the third quarter of 2021, as compared to $91.1 million for the same prior year period.  Approximately half of the $17.9 million improvement was driven by contractual raw material price pass through to customers, with the remaining increase attributable to improved demand.

 

Manufacturing margins were $10.9 million for the third quarter of 2021, as compared to $9.7 million for the same prior year period.  The increase was primarily attributable to increased production volumes and higher scrap income resulting from better market pricing for scrap material in the current period. These items were partially offset by inflationary pressures on the costs of labor, benefits, materials, and general manufacturing supplies.  The improvement in absorbed manufacturing overhead costs was primarily due to strong demand tempered by customer supply chain constraints in the current period, and the pandemic related operational shutdowns in the prior year period. The Company incurred $0.8 million in launch costs related to the new Hazel Park, MI facility in the current period, and $0.7 million of restructuring costs related to the Greenwood, SC facility closure in the prior year period.

 

Profit sharing, bonuses, and deferred compensation expenses were $1.9 million for the third quarter of 2021, as compared to $2.3 million for the same prior year period.  The decrease of $0.4 million was primarily driven by the prior year’s accelerated accrual amounts as the Company re-established discretionary employer 401(k) and bonus accruals.

 

Other selling, general and administrative expenses were $5.3 million for the third quarter of 2021, as compared to $4.5 million for the same prior year period. The increase was mainly attributable to higher salary, payroll, travel, and entertainment expenses, which were unusually low in the prior year period due to the pandemic.

 

Income tax expense was $0.1 million for the third quarter of 2021 as compared to $0.7 million for the same prior year period. Federal income tax expenses will be offset against our federal net operating loss carryforward of approximately $11.7 million until it is fully utilized.

 

Balance Sheet and Liquidity

Net debt was $56.9 million as of September 30, 2021, resulting in a leverage ratio of 1.2x as compared to a covenant maximum of 3.50x.

 

Capital expenditures were $26.6 million for the nine-month period ended September 30, 2021, as compared to $5.4 million for the same prior year period. The Company continues to invest in technology and automation as planned versus focusing on preserving cash during the height of the pandemic which impacted the prior year period. Additionally, the Company invested approximately $6.5 million in the new Hazel Park, MI facility during the quarter in preparation for the ramp-up of production for the new strategic customer, which is set to begin in the first half of 2022. Overall, capital expenditures for 2021 are expected to be in the range of $52 to $57 million, with $35 to $40 million specifically focused on investments in the new Hazel Park, MI facility.  

 

 

 

 

Outlook

Based on the recent labor challenges and customer supply chain constraints, which have impacted volumes in the near-term, the overall economic climate, and industry trends, the Company is modifying its 2021 financial outlook back to its original projections:

 

•

Net sales are expected to be between $450 million to $470 million.

 

•

Adjusted EBITDA is expected to be between $46 million and $52 million, net of the launch costs associated with the new customer relationship of $3.7 million to $4.3 million.

 

The outlook assumes end markets remain stable, supply chain constraints do not dramatically worsen, and that business activity as a whole continues to trend positively.

Kamphuis explained, “Based on the information and visibility we have today, we are returning to our original guidance range and remain confident in our long-term growth potential once external headwinds subside. We are in constant contact with our customers and are working diligently to help them address their supply chain challenges and meet the strong demand for their products. Due to our U.S. based supply chain, we remain confident in our preparedness to meet our customers volume demands and take on new business opportunities as our demand outlook for 2022 continues to be strong.”

Conference Call

The Company will host a conference call on Wednesday, November 3rd, 2021, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

 

For a live Internet webcast of the conference call, visit www.mecinc.com and click on the link to the live webcast on the Investors page.

 

For telephone access to the conference, call (888) 349-0091 within the United States, call (855)-669-9657 within Canada, or +1 (412) 317-0780 from outside the United States and Canada.

 

Forward Looking Statements

This press-release includes forward-looking statements that reflect plans, estimates and beliefs. Such statements involve risk and uncertainties. Actual results may differ materially from those contemplated by these forward-looking statements as a result of various factors. Important factors that could cause actual results or events to differ materially from those expressed in forward-looking statements include, but are not limited to: the negative impacts the coronavirus (COVID-19) has had and will continue to have on our business, financial condition, cash flows, results of operations and supply chain (including future uncertain impacts); failure to compete successfully in our markets; risks relating to developments in the industries in which our customers operate; our ability to maintain our manufacturing, engineering and technological expertise; the loss of any of our large customers or the loss of their respective market shares; risks related to scheduling production accurately and maximizing efficiency; our ability to realize net sales represented by our awarded business; our ability to successfully identify or integrate acquisitions; risks related to entering new markets; our ability to develop new and innovative processes and gain customer acceptance of such processes; our ability to recruit and retain our key executive officers, managers and trade-skilled personnel; risks related to our information technology systems and infrastructure; manufacturing risks, including delays and technical problems, issues with third-party suppliers,

 

 

environmental risks and applicable statutory and regulatory requirements; political and economic developments, including foreign trade relations and associated tariffs; volatility in the prices or availability of raw materials critical to our business; results of legal disputes, including product liability, intellectual property infringement and other claims; risks associated with our capital-intensive industry; risks related to our treatment as an S Corporation prior to the consummation of our initial public offering; risks related to our employee stock ownership plan’s treatment as a tax-qualified retirement plan; and other factors described in “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2020, which may be amended or supplemented by subsequent Quarterly Reports on Form 10-Q or other reports filed with the Securities and Exchange Commission. This discussion should be read in conjunction with our audited consolidated financial statements included in the Company’s previously filed Annual Report on Form 10-K for the year ended December 31, 2020. We undertake no obligation to update or revise any forward-looking statements after the date on which any such statement is made, whether as a result of new information, future events or otherwise, except as required by federal securities laws.

 

About Mayville Engineering Company

Founded in 1945, MEC is a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket components. Our customers operate in diverse end markets, including heavy- and medium-duty commercial vehicle, construction & access equipment, powersports, agriculture, military, fitness equipment and other end markets. Along with process engineering and development services, MEC maintains an extensive manufacturing infrastructure with 19 facilities across seven states. These facilities make it possible to offer conventional and computer numerical control (CNC) stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly and logistic services. MEC also possesses a broad range of finishing capabilities including shot blasting, e-coating, powder coating, wet spray and military grade chemical agent resistant coating (CARC) painting.

 

Use of Non-GAAP Financial Measures

This press release contains financial information calculated in a manner other than in accordance with U.S generally accepted accounting principles (“GAAP”).

 

The non-GAAP measures used in this press release are EBITDA, EBITDA Margin, Adjusted EBITDA and Adjusted EBITDA Margin.

 

EBITDA represents net income (loss) before interest expense, provision (benefit) for income taxes, depreciation, and amortization. EBITDA Margin represents EBITDA as a percentage of net sales for each period. Adjusted EBITDA represents EBITDA before stock-based compensation expenses and restructuring expenses related to the closure of the Greenwood facility. Adjusted EBITDA Margin represents Adjusted EBITDA as a percentage of net sales for each period. These metrics are supplemental measures of our operating performance that are neither required by, nor presented in accordance with, GAAP. These measures should not be considered as an alternative to net income (loss), or any other performance measure derived in accordance with GAAP as an indicator of our operating performance. We present Adjusted EBITDA and Adjusted EBITDA Margin as management uses these measures as key performance indicators, and we believe they are measures frequently used by securities analysts, investors and other parties to evaluate

 

 

companies in our industry. These measures have limitations as analytical tools and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP.

 

Our calculation of EBITDA, EBITDA Margin, Adjusted EBIDTA and Adjusted EBITDA Margin may not be comparable to the similarly named measures reported by other companies. Potential differences between our measures of EBITDA and Adjusted EBITDA compared to other similar companies’ measures of EBITDA and Adjusted EBITDA may include differences in capital structure and tax positions.

 

Please reference our reconciliation of net income (loss), the most directly comparable measure calculated in accordance with GAAP, to EBITDA and Adjusted EBITDA, and the calculation of EBITDA Margin and Adjusted EBITDA Margin included in this press release.

 

 

 

Mayville Engineering Company, Inc.

Consolidated Balance Sheet

(in thousands, except share amounts)

(unaudited)

 

 

September 30,

2021

 

 

December 31,

2020

 

ASSETS

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

127

 

 

$

121

 

Receivables, net of allowances for doubtful accounts of $1,346 at September 30, 2021

   and $1,298 at December 31, 2020

 

 

58,841

 

 

 

42,080

 

Inventories, net

 

 

62,914

 

 

 

41,366

 

Tooling in progress

 

 

3,436

 

 

 

3,126

 

Prepaid expenses and other current assets

 

 

3,066

 

 

 

2,555

 

Total current assets

 

 

128,384

 

 

 

89,248

 

Property, plant and equipment, net

 

 

120,150

 

 

 

106,688

 

Assets held for sale

 

 

—

 

 

 

3,552

 

Goodwill

 

 

71,535

 

 

 

71,535

 

Intangible assets-net

 

 

53,437

 

 

 

61,467

 

Capital lease, net

 

 

2,115

 

 

 

2,581

 

Other long-term assets

 

 

3,595

 

 

 

3,462

 

Total

 

$

379,216

 

 

$

338,533

 

LIABILITIES AND SHAREHOLDERS’ EQUITY

 

 

 

 

 

 

 

 

Accounts payable

 

$

49,814

 

 

$

33,495

 

Current portion of capital lease obligation

 

 

648

 

 

 

626

 

Accrued liabilities:

 

 

 

 

 

 

 

 

Salaries, wages, and payroll taxes

 

 

10,459

 

 

 

10,190

 

Profit sharing and bonus

 

 

4,538

 

 

 

3,089

 

Other current liabilities

 

 

6,924

 

 

 

5,340

 

Total current liabilities

 

 

72,383

 

 

 

52,740

 

Bank revolving credit notes

 

 

54,718

 

 

 

45,257

 

Capital lease obligation, less current maturities

 

 

1,572

 

 

 

2,061

 

Deferred compensation and long-term incentive, less current portion

 

 

25,373

 

 

 

25,631

 

Deferred income tax liability

 

 

12,928

 

 

 

11,887

 

Other long-term liabilities

 

 

100

 

 

 

100

 

Total liabilities

 

 

167,074

 

 

 

137,676

 

Common shares, no par value, 75,000,000 authorized, 21,386,382 shares issued at

   September 30, 2021 and 21,093,035 at December 31, 2020

 

 

—

 

 

 

—

 

Additional paid-in-capital

 

 

195,994

 

 

 

190,793

 

Retained earnings

 

 

21,110

 

 

 

14,998

 

Treasury shares at cost, 949,663 shares at September 30, 2021 and 1,033,645 at

   December 31, 2020

 

 

(4,962

)

 

 

(4,934

)

Total shareholders’ equity

 

 

212,142

 

 

 

200,857

 

Total

 

$

379,216

 

 

$

338,533

 


 

 

 

Mayville Engineering Company, Inc.

Consolidated Statement of Income (Loss)

(in thousands, except share amounts and per share data)

(unaudited)

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net sales

 

$

109,018

 

 

$

91,075

 

 

$

341,851

 

 

$

262,262

 

Cost of sales

 

 

98,109

 

 

 

81,340

 

 

 

299,885

 

 

 

241,838

 

Amortization of intangibles

 

 

2,677

 

 

 

2,677

 

 

 

8,030

 

 

 

8,030

 

Profit sharing, bonuses, and deferred compensation

 

 

1,939

 

 

 

2,288

 

 

 

8,013

 

 

 

4,807

 

Employee stock ownership plan expense

 

 

124

 

 

 

—

 

 

 

825

 

 

 

—

 

Other selling, general and administrative expenses

 

 

5,305

 

 

 

4,490

 

 

 

15,365

 

 

 

14,642

 

Income (loss) from operations

 

 

864

 

 

 

280

 

 

 

9,733

 

 

 

(7,055

)

Interest expense

 

 

(526

)

 

 

(647

)

 

 

(1,562

)

 

 

(2,110

)

Income (loss) before taxes

 

 

338

 

 

 

(367

)

 

 

8,171

 

 

 

(9,165

)

Income tax expense (benefit)

 

 

63

 

 

 

733

 

 

 

2,059

 

 

 

(1,101

)

Net income (loss) and comprehensive income (loss)

 

$

275

 

 

$

(1,100

)

 

$

6,112

 

 

$

(8,064

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.01

 

 

$

(0.05

)

 

$

0.30

 

 

$

(0.41

)

Diluted

 

$

0.01

 

 

$

(0.05

)

 

$

0.29

 

 

$

(0.41

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

20,520,985

 

 

 

20,077,039

 

 

 

20,385,732

 

 

 

19,838,701

 

Diluted

 

 

20,961,470

 

 

 

20,077,039

 

 

 

20,812,382

 

 

 

19,838,701

 


 

 

 

Mayville Engineering Company, Inc.

Consolidated Statement of Cash Flows

(in thousands)

(unaudited)

 

Nine Months Ended

September 30,

 

 

 

2021

 

 

2020

 

CASH FLOWS FROM OPERATING ACTIVITIES

 

 

 

 

 

 

 

 

Net income (loss)

 

$

6,112

 

 

$

(8,064

)

Adjustments to reconcile net loss to net cash used in operating activities:

 

 

 

 

 

 

 

 

Depreciation

 

 

15,520

 

 

 

16,304

 

Amortization

 

 

8,030

 

 

 

8,030

 

Stock-based compensation expense

 

 

3,771

 

 

 

3,719

 

Allowance for doubtful accounts

 

 

48

 

 

 

767

 

Inventory excess and obsolescence reserve

 

 

(511

)

 

 

279

 

Loss (gain) on disposal of property, plant and equipment

 

 

(1,311

)

 

 

688

 

Deferred compensation and long-term incentive

 

 

(258

)

 

 

234

 

Other non-cash adjustments

 

 

236

 

 

 

262

 

Changes in operating assets and liabilities – net of effects of acquisition:

 

 

 

 

 

 

 

 

Accounts receivable

 

 

(16,809

)

 

 

(9,233

)

Inventories

 

 

(21,037

)

 

 

7,449

 

Tooling in progress

 

 

(310

)

 

 

(2,053

)

Prepaids and other current assets

 

 

(989

)

 

 

338

 

Accounts payable

 

 

13,819

 

 

 

(4,016

)

Deferred income taxes

 

 

1,152

 

 

 

(1,189

)

Accrued liabilities, excluding long-term incentive

 

 

5,330

 

 

 

5,776

 

Net cash provided by operating activities

 

 

12,793

 

 

 

19,291

 

CASH FLOWS FROM INVESTING ACTIVITIES

 

 

 

 

 

 

 

 

Purchase of property, plant and equipment

 

 

(26,588

)

 

 

(5,354

)

Proceeds from sale of property, plant and equipment

 

 

5,348

 

 

 

1,920

 

Net cash used in investing activities

 

 

(21,240

)

 

 

(3,434

)

CASH FLOWS FROM FINANCING ACTIVITIES

 

 

 

 

 

 

 

 

Proceeds from bank revolving credit notes

 

 

276,568

 

 

 

209,857

 

Payments on bank revolving credit notes

 

 

(267,108

)

 

 

(222,443

)

Deferred financing costs

 

 

—

 

 

 

(206

)

Purchase of treasury stock

 

 

(653

)

 

 

(2,510

)

Payments on capital leases

 

 

(467

)

 

 

(446

)

Proceeds from the exercise of stock options

 

 

139

 

 

 

—

 

Other financing activities

 

 

(26

)

 

 

—

 

Net cash provided by (used in) financing activities

 

 

8,453

 

 

 

(15,748

)

Net increase (decrease) in cash and cash equivalents

 

 

6

 

 

 

109

 

Cash and cash equivalents at beginning of period

 

 

121

 

 

 

1

 

Cash and cash equivalents at end of period

 

$

127

 

 

$

110

 

 


 

 

 

Mayville Engineering Company, Inc.

Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA

(in thousands)

(unaudited)

 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net income (loss)

 

$

275

 

 

$

(1,100

)

 

$

6,112

 

 

$

(8,064

)

Interest expense

 

 

526

 

 

 

647

 

 

 

1,562

 

 

 

2,110

 

Provision (benefit) for income taxes

 

 

63

 

 

 

733

 

 

 

2,059

 

 

 

(1,101

)

Depreciation and amortization

 

 

7,961

 

 

 

7,894

 

 

 

23,550

 

 

 

24,334

 

EBITDA

 

 

8,825

 

 

 

8,174

 

 

 

33,283

 

 

 

17,279

 

IPO stock based compensation expense

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,029

 

Stock based compensation expense

 

 

1,182

 

 

 

978

 

 

 

3,771

 

 

 

2,690

 

Greenwood restructuring charges

 

 

—

 

 

 

687

 

 

 

—

 

 

 

2,524

 

Adjusted EBITDA

 

$

10,007

 

 

$

9,839

 

 

$

37,054

 

 

$

23,522

 

Net sales

 

$

109,018

 

 

$

91,075

 

 

$

341,851

 

 

$

262,262

 

EBITDA Margin

 

 

8.1

%

 

 

9.0

%

 

 

9.7

%

 

 

6.6

%

Adjusted EBITDA Margin

 

 

9.2

%

 

 

10.8

%

 

 

10.8

%

 

 

9.0

%

 

 

 GRAPHIC 3 g4yzjzheyzpl000001.jpg GRAPHIC begin 644 g4yzjzheyzpl000001.jpg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end EX-101.SCH 4 mec-20211102.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000 - Document - Template Link link:presentationLink link:calculationLink link:definitionLink 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 5 mec-20211102_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Entity Central Index Key Cover [Abstract] Amendment Flag Amendment Flag Entity Central Index Key Document Type Document Type Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name Entity Incorporation, State or Country Code Entity Incorporation State Country Code Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, Address Line One Entity Address Address Line1 Entity Address, City or Town Entity Address City Or Town Entity Address, State or Province Entity Address State Or Province Entity Address, Postal Zip Code Entity Address Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre-commencement Tender Offer Pre Commencement Tender Offer Pre-commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Title of 12(b) Security Security12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name Entity Emerging Growth Company Entity Emerging Growth Company Entity Ex Transition Period Entity Ex Transition Period EX-101.PRE 6 mec-20211102_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 7 mec-8k_20211102_htm.xml IDEA: XBRL DOCUMENT 0001766368 2021-11-02 2021-11-02 false 0001766368 8-K 2021-11-02 Mayville Engineering Company, Inc. WI 001-38894 39-0944729 715 South Street Mayville WI 53050 (920) 387-4500 false false false false Common Stock, no par value MEC NYSE true false XML 8 R1.htm IDEA: XBRL DOCUMENT v3.21.2
Document and Entity Information
Nov. 02, 2021
Cover [Abstract]  
Amendment Flag false
Entity Central Index Key 0001766368
Document Type 8-K
Document Period End Date Nov. 02, 2021
Entity Registrant Name Mayville Engineering Company, Inc.
Entity Incorporation, State or Country Code WI
Entity File Number 001-38894
Entity Tax Identification Number 39-0944729
Entity Address, Address Line One 715 South Street
Entity Address, City or Town Mayville
Entity Address, State or Province WI
Entity Address, Postal Zip Code 53050
City Area Code (920)
Local Phone Number 387-4500
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, no par value
Trading Symbol MEC
Security Exchange Name NYSE
Entity Emerging Growth Company true
Entity Ex Transition Period false
EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.2 html 1 96 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document and Entity Information Sheet http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false All Reports Book All Reports mec-8k_20211102.htm mec-20211102.xsd mec-20211102_lab.xml mec-20211102_pre.xml mec-ex99_6.htm http://xbrl.sec.gov/dei/2021 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "mec-8k_20211102.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "mec-8k_20211102.htm" ] }, "labelLink": { "local": [ "mec-20211102_lab.xml" ] }, "presentationLink": { "local": [ "mec-20211102_pre.xml" ] }, "schema": { "local": [ "mec-20211102.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.sec.gov/country/2021/country-2021.xsd", "https://xbrl.sec.gov/currency/2021/currency-2021.xsd", "https://xbrl.sec.gov/dei/2021/dei-2021.xsd", "https://xbrl.sec.gov/exch/2021/exch-2021.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://xbrl.sec.gov/naics/2021/naics-2021.xsd", "https://xbrl.sec.gov/sic/2021/sic-2021.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-types-2021-01-31.xsd", "https://xbrl.fasb.org/srt/2021/elts/srt-roles-2021-01-31.xsd", "https://xbrl.sec.gov/stpr/2021/stpr-2021.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-types-2021-01-31.xsd", "https://xbrl.fasb.org/us-gaap/2021/elts/us-roles-2021-01-31.xsd" ] } }, "elementCount": 24, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2021": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 96, "memberCustom": 0, "memberStandard": 0, "nsprefix": "mec", "nsuri": "http://www.mecinc.com/20211102", "report": { "R1": { "firstAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "mec-8k_20211102.htm", "contextRef": "C_0001766368_20211102_20211102", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document and Entity Information", "role": "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document and Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "mec-8k_20211102.htm", "contextRef": "C_0001766368_20211102_20211102", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2021", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address Address Line1", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address City Or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address State Or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r7" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Entity Ex Transition Period", "terseLabel": "Entity Ex Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre Commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre Commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security12b Title", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2021", "presentation": [ "http://www.mecinc.com/20211102/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" }, "r7": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2" } }, "version": "2.1" } ZIP 15 0001564590-21-053644-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001564590-21-053644-xbrl.zip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end