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(Loss) earnings per Share | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
(Loss) earnings per Share | (Loss) earnings per Share Basic (loss) earnings per share is computed by dividing net (loss) income by the weighted-average number of shares outstanding during the period. Diluted (loss) earnings per share is computed by dividing net (loss) income by the sum of (1) the weighted-average number of shares of common stock outstanding during the period, and (2) the dilutive effect of assumed conversion of equity awards using the treasury stock method. With respect to the number of weighted-average shares outstanding (denominator), diluted shares reflect: (i) the exercise of options to acquire common stock to the extent that the options’ exercise prices are less than the average market price of common shares during the period and (ii) the pro forma vesting of restricted stock units. The following table sets forth the computations of basic and diluted (loss) earnings per share:
| Three months ended March 31, |
| 2025 |  | 2024 |  |  |
Basic (loss) earnings per share |  |  |  |  |  |
Numerator: |  |  |  |  |  |
Net (loss) income attributable to Mistras Group, Inc. | $ | (3,186) |  |  | $ | 995 |  |  |  |
Denominator: |  |  |  |  |  |
Weighted average common shares outstanding | 31,095 |  |  | 30,680 |  |  |  |
Basic (loss) earnings per share | $ | (0.10) |  |  | $ | 0.03 |  |  |  |
Diluted (loss) earnings per share: |  |  |  |  |  |
Numerator: |  |  |  |  |  |
Net (loss) income attributable to Mistras Group, Inc. | $ | (3,186) |  |  | $ | 995 |  |  |  |
Denominator: |  |  |  |  |  |
Weighted average common shares outstanding | 31,095 |  |  | 30,680 |  |  |  |
Dilutive effect of stock options outstanding (1) | — |  |  | 250 |  |  |  |
Dilutive effect of restricted stock units outstanding (1) | — |  |  | 426 |  |  |  |
| 31,095 |  |  | 31,356 |  |  |  |
Diluted (loss) earnings per share | $ | (0.10) |  |  | $ | 0.03 |  |  |  |
_______________ (1) For the three months ended March 31, 2025, 145,000 shares, related to stock options and 808,000 shares, related to restricted stock units were excluded from the calculation of diluted (loss) earnings per share due to the net loss for the period.

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