XML 38 R28.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings (loss) per Share (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
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 September 30,Nine months ended September 30,
 2024202320242023
Basic earnings (loss) per share  
Numerator:  
Net income (loss) attributable to Mistras Group, Inc.$6,401 $(10,298)$13,765 $(14,947)
Denominator:    
Weighted average common shares outstanding31,002 30,402 30,895 30,277 
Basic earnings (loss) per share$0.21 $(0.34)$0.45 $(0.49)
  
Diluted earnings (loss) per share:    
Numerator:  
Net income (loss) attributable to Mistras Group, Inc.$6,401 $(10,298)$13,765 $(14,947)
Denominator:  
Weighted average common shares outstanding31,002 30,402 30,895 30,277 
Dilutive effect of stock options outstanding120 — 103 — 
Dilutive effect of restricted stock units outstanding (1)
538 — 515 — 
31,660 30,402 31,513 30,277 
Diluted earnings (loss) per share$0.20 $(0.34)$0.44 $(0.49)
_______________
(1) For the three and nine months ended September 30, 2023, 1,508,255 and 926,224 shares related to restricted stock, respectively, were excluded from the calculation of diluted EPS due to the net loss for the period.