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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 18,084 $ 24,110
Accounts receivable, net 131,396 109,511
Inventories 13,260 12,686
Prepaid expenses and other current assets 11,693 15,031
Total current assets 174,433 161,338
Property, plant and equipment, net 76,133 86,578
Intangible assets, net 50,337 59,381
Goodwill 197,433 205,439
Deferred income taxes 589 2,174
Other assets 41,521 47,285
Total assets 540,446 562,195
Current Liabilities    
Accounts payable 12,805 12,870
Accrued expenses and other current liabilities 83,070 83,863
Current portion of long-term debt 7,365 20,162
Current portion of finance lease obligations 3,967 3,765
Income taxes payable 305 755
Total current liabilities 107,512 121,415
Long-term debt, net of current portion 193,847 182,403
Obligations under finance leases, net of current portion 9,380 9,752
Deferred income taxes 8,786 8,385
Other long-term liabilities 33,865 39,328
Total liabilities 353,390 361,283
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 29,842,496 and 29,546,263 shares issued and outstanding 297 295
Additional paid-in capital 242,093 238,687
Accumulated deficit (14,335) (17,988)
Accumulated other comprehensive loss (41,282) (20,311)
Total Mistras Group, Inc. stockholders’ equity 186,773 200,683
Non-controlling interests 283 229
Total equity 187,056 200,912
Total liabilities and equity $ 540,446 $ 562,195