Unaudited Condensed Consolidated Statements of Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 168,016	$ 161,662
Cost of revenue	116,051	115,758
Depreciation	5,888	6,012
Gross profit	46,077	39,892
Selling, general and administrative expenses	42,823	41,922
Reorganization and other costs	2,076	114
Legal settlement and insurance recoveries, net	0	(841)
Research and engineering	480	551
Depreciation and amortization	2,525	2,795
Acquisition-related expense, net	3	49
Loss from operations	(1,830)	(4,698)
Interest expense	4,068	1,938
Loss before benefit for income taxes	(5,898)	(6,636)
Benefit for income taxes	(920)	(1,283)
Net Loss	(4,978)	(5,353)
Less: net income attributable to noncontrolling interests, net of taxes	8	10
Net Loss attributable to Mistras Group, Inc.	$ (4,986)	$ (5,363)
Loss per common share
Basic (in dollars per share)	$ (0.17)	$ (0.18)
Diluted (in dollars per share)	$ (0.17)	$ (0.18)
Weighted-average common shares outstanding:
Basic (in shares)	30,021	29,634
Diluted (in shares)	30,021	29,634

This element represents acquisition-related costs incurred in connection with business combinations which costs have been expensed during the period. This also includes adjustments to the fair value of the initial purchase price allocation for acquisitions including, but not limited to, changes in contingent consideration liabilities and other liabilities, accounts receivable, inventory, fixed assets, other assets, and other acquisition-related intangible assets. Acquisition-related costs also include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities.

No definition available.