Earnings (loss) per Share (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Computations of Basic and Diluted Earnings (Loss) per Share

The following table sets forth the computations of basic and diluted earnings (loss) per share:


	Three months ended March 31,
	2024		2023

Basic earnings (loss) per share
Numerator:
Net income (loss) attributable to Mistras Group, Inc.	$	995	$	(4,986)
Denominator:
Weighted average common shares outstanding	30,680		30,021
Basic earnings (loss) per share	$	0.03	$	(0.17)

Diluted earnings (loss) per share:
Numerator:
Net income (loss) attributable to Mistras Group, Inc.	$	995	$	(4,986)
Denominator:
Weighted average common shares outstanding	30,680		30,021
Dilutive effect of stock options outstanding	250		—
Dilutive effect of restricted stock units outstanding (1)	426		—
	31,356		30,021
Diluted earnings (loss) per share	$	0.03	$	(0.17)

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(1) For the three months ended March 31, 2023, 1,513,000 shares, related to restricted stock were excluded from the calculation of diluted EPS due to the net loss for the period.