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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 20,488 $ 24,110
Accounts receivable, net 123,657 109,511
Inventories 13,556 12,686
Prepaid expenses and other current assets 10,181 15,031
Total current assets 167,882 161,338
Property, plant and equipment, net 77,561 86,578
Intangible assets, net 49,015 59,381
Goodwill 199,635 205,439
Deferred income taxes 779 2,174
Other assets 40,032 47,285
Total assets 534,904 562,195
Current Liabilities    
Accounts payable 12,532 12,870
Accrued expenses and other current liabilities 77,844 83,863
Current portion of long-term debt 7,425 20,162
Current portion of finance lease obligations 4,201 3,765
Income taxes payable 1,726 755
Total current liabilities 103,728 121,415
Long-term debt, net of current portion 183,826 182,403
Obligations under finance leases, net of current portion 10,045 9,752
Deferred income taxes 6,283 8,385
Other long-term liabilities 32,273 39,328
Total Liabilities 336,155 361,283
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 29,895,487 and 29,546,263 shares issued 298 295
Additional paid-in capital 243,031 238,687
Accumulated Deficit (11,489) (17,988)
Accumulated other comprehensive loss (33,390) (20,311)
Total Mistras Group, Inc. stockholders’ equity 198,450 200,683
Non-controlling interests 299 229
Total Equity 198,749 200,912
Total Liabilities and Equity $ 534,904 $ 562,195