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Unaudited Condensed Consolidated Statements of Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenue $ 174,556 $ 147,894 $ 505,968 $ 431,794
Cost of revenue 116,750 94,930 341,780 286,208
Depreciation 5,590 5,580 16,635 16,400
Gross profit 52,216 47,384 147,553 129,186
Selling, general and administrative expenses 39,221 37,473 118,579 116,638
Impairment charges 0 0 0 106,062
Legal settlement and litigation charges, net 0 (360) 1,030 (360)
Research and engineering 595 638 1,942 2,170
Depreciation and amortization 2,918 3,182 9,070 10,359
Acquisition-related expense, net 246 709 1,068 186
Income (loss) from operations 9,236 5,742 15,864 (105,869)
Interest expense 2,326 3,645 8,694 9,410
Income (loss) before benefit for income taxes 6,910 2,097 7,170 (115,279)
Provision (benefit) for income taxes 3,513 544 3,187 (15,645)
Net Income (loss) 3,397 1,553 3,983 (99,634)
Less: net income attributable to noncontrolling interests, net of taxes 17 30 28 8
Net Income (loss) attributable to Mistras Group, Inc $ 3,380 $ 1,523 $ 3,955 $ (99,642)
Earnings (loss) per common share        
Basic (in dollars per share) $ 0.11 $ 0.05 $ 0.13 $ (3.43)
Diluted (in dollars per share) $ 0.11 $ 0.05 $ 0.13 $ (3.43)
Weighted-average common shares outstanding:        
Basic (in shares) 29,619 29,177 29,550 29,086
Diluted (in shares) 30,127 29,311 30,093 29,086