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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 22,597 $ 25,760
Accounts receivable, net 127,699 107,628
Inventories 12,178 13,134
Prepaid expenses and other current assets 17,505 16,066
Total current assets 179,979 162,588
Property, plant and equipment, net 90,366 92,681
Intangible assets, net 61,695 68,642
Goodwill 205,657 206,008
Deferred income taxes 2,676 2,069
Other assets 46,855 51,325
Total assets 587,228 583,313
Current Liabilities    
Accounts payable 13,343 14,240
Accrued expenses and other current liabilities 88,312 78,500
Current portion of long-term debt 18,988 10,678
Current portion of finance lease obligations 3,773 3,765
Income taxes payable 1,676 2,664
Total current liabilities 126,092 109,847
Long-term debt, net of current portion 196,866 209,538
Obligations under finance leases, net of current portion 10,338 11,115
Deferred income taxes 9,195 8,236
Other long-term liabilities 43,711 47,358
Total liabilities 386,202 386,094
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 29,457,605 and 29,234,143 shares issued and outstanding 294 292
Additional paid-in capital 237,577 234,638
Accumulated Deficit (17,893) (21,848)
Accumulated other comprehensive loss (19,176) (16,061)
Total Mistras Group, Inc. stockholders’ equity 200,802 197,021
Non-controlling interests 224 198
Total equity 201,026 197,219
Total liabilities and equity $ 587,228 $ 583,313