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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 17,646 $ 20,488
Accounts receivable, net 132,847 123,657
Inventories 15,283 13,556
Prepaid expenses and other current assets 14,580 10,181
Total current assets 180,356 167,882
Property, plant and equipment, net 80,972 77,561
Intangible assets, net 43,994 49,015
Goodwill 187,354 199,635
Deferred income taxes 2,316 779
Other assets 39,784 40,032
Total assets 534,776 534,904
Current Liabilities    
Accounts payable 17,032 12,532
Accrued expenses and other current liabilities 84,331 77,844
Current portion of long-term debt 8,900 7,425
Current portion of finance lease obligations 5,159 4,201
Income taxes payable 1,101 1,726
Total current liabilities 116,523 103,728
Long-term debt, net of current portion 181,499 183,826
Obligations under finance leases, net of current portion 11,261 10,045
Deferred income taxes 2,552 6,283
Other long-term liabilities 32,438 32,273
Total Liabilities 344,273 336,155
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 30,597,633 and 29,895,487 shares issued 305 298
Additional paid-in capital 247,165 243,031
Accumulated Deficit (28,942) (11,489)
Accumulated other comprehensive loss (28,336) (33,390)
Total Mistras Group, Inc. stockholders’ equity 190,192 198,450
Non-controlling interests 311 299
Total Equity 190,503 198,749
Total Liabilities and Equity $ 534,776 $ 534,904