$MEC
Mayville Engineering Company Inc Stock $mec

$mec Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-K Financial Statement

#000155837023002542 Filed on March 01, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022
Revenue	$142.6M	$128.5M	$539.4M
YoY Change	4.69%	13.77%	18.59%
Cost Of Revenue	$126.3M	$115.5M	$478.3M
YoY Change	4.04%	11.56%	18.96%
Gross Profit	$16.38M	$12.99M	$61.07M
YoY Change	10.05%	38.02%	15.77%
Gross Profit Margin	11.48%	10.1%	11.32%
Selling, General & Admin	$9.969M	$8.447M	$32.69M
YoY Change	13.76%	9.62%	2.44%
% of Gross Profit	60.87%	65.05%	53.53%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.142M	$7.755M	$22.36M
YoY Change	12.33%	-5.81%	6.08%
% of Gross Profit	37.5%	59.72%	36.61%
Operating Expenses	$11.71M	$10.19M	$39.64M
YoY Change	11.48%	-1.9%	-6.98%
Operating Profit	$4.670M	$2.801M	$25.77M
YoY Change	-16.07%	-387.87%	154.33%
Interest Expense	$1.658M	-$1.217M	$3.380M
YoY Change	192.42%	175.96%	-268.75%
% of Operating Profit	35.5%	-43.45%	13.11%
Other Income/Expense, Net
YoY Change
Pretax Income	$3.012M	$1.584M	$22.39M
YoY Change	-39.72%	-109.02%	-338.39%
Income Tax	$441.0K	-$797.0K	$3.667M
% Of Pretax Income	14.64%	-50.32%	16.37%
Net Earnings	$2.571M	$2.381M	$18.73M
YoY Change	-32.73%	-117.56%	-351.34%
Net Earnings / Revenue	1.8%	1.85%	3.47%
Basic Earnings Per Share	$0.13		$0.92
Diluted Earnings Per Share	$0.12	$0.11	$0.91
COMMON SHARES
Basic Shares Outstanding	20.17M	20.17M	20.40M
Diluted Shares Outstanding	20.75M		20.68M

Balance Sheet

Concept	2023 Q1	2022 Q4	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$126.0K	$127.0K	$127.0K
YoY Change	5.0%	7.63%	7.63%
Cash & Equivalents	$126.0K	$127.0K	$127.0K
Short-Term Investments
Other Short-Term Assets	$3.470M	$3.529M	$3.529M
YoY Change	8.85%	20.69%	20.69%
Inventory	$68.95M	$71.71M	$79.65M
Prepaid Expenses
Receivables	$74.24M	$58.00M	$58.00M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$154.8M	$141.3M	$141.3M
YoY Change	1.06%	6.59%	6.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$143.0M	$145.8M	$181.8M
YoY Change	12484.15%	20.73%	50.6%
Goodwill	$71.54M	$71.54M
YoY Change	0.0%	0.0%
Intangibles	$42.07M	$43.81M
YoY Change	-14.18%	-13.7%
Long-Term Investments
YoY Change
Other Assets	$1.749M	$2.007M	$2.090M
YoY Change	-49.63%	-48.07%	-45.92%
Total Long-Term Assets	$293.2M	$299.3M	$299.3M
YoY Change	1.01%	21.21%	21.21%
TOTAL ASSETS
Total Short-Term Assets	$154.8M	$141.3M	$141.3M
Total Long-Term Assets	$293.2M	$299.3M	$299.3M
Total Assets	$448.0M	$440.6M	$440.6M
YoY Change	1.03%	16.1%	16.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$52.38M	$53.74M	$53.74M
YoY Change	-12.45%	7.21%	7.21%
Accrued Expenses	$31.15M	$37.07M	$37.07M
YoY Change	95.67%	165.28%	165.28%
Deferred Revenue	$5.694M	$6.141M
YoY Change	68.31%	125.94%
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due		$388.0K	$388.0K
YoY Change		23.17%	23.17%
Total Short-Term Liabilities	$96.17M	$102.4M	$102.4M
YoY Change	8.32%	32.41%	32.41%
LONG-TERM LIABILITIES
Long-Term Debt	$81.58M	$73.02M	$73.02M
YoY Change	-3.05%	6.6%	6.6%
Other Long-Term Liabilities	$895.0K	$1.189M	$35.43M
YoY Change	-57.3%	-51.71%	32.75%
Total Long-Term Liabilities	$895.0K	$1.189M	$108.4M
YoY Change	-57.3%	-51.71%	13.93%
TOTAL LIABILITIES
Total Short-Term Liabilities	$96.17M	$102.4M	$102.4M
Total Long-Term Liabilities	$895.0K	$1.189M	$108.4M
Total Liabilities	$224.7M	$222.7M	$222.7M
YoY Change	-6.53%	22.91%	22.91%
SHAREHOLDERS EQUITY
Retained Earnings	$28.85M	$26.27M
YoY Change	153.72%	248.14%
Common Stock	$202.0M	$200.9M
YoY Change	1.8%	1.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$223.3M	$217.9M	$217.9M
YoY Change
Total Liabilities & Shareholders Equity	$448.0M	$440.6M	$440.6M
YoY Change	1.03%	16.1%	16.1%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022
OPERATING ACTIVITIES
Net Income	$2.571M	$2.381M	$18.73M
YoY Change	-32.73%	-117.56%	-351.34%
Depreciation, Depletion And Amortization	$6.142M	$7.755M	$22.36M
YoY Change	12.33%	-5.81%	6.08%
Cash From Operating Activities	-$6.043M	$19.11M	$52.43M
YoY Change	1321.88%	1048.5%	262.63%
INVESTING ACTIVITIES
Capital Expenditures	$2.408M	$19.80M	$58.61M
YoY Change	-81.45%	-255.66%	49.1%
Acquisitions
YoY Change
Other Investing Activities	$153.0K	$206.0K	$7.942M
YoY Change	-57.38%		48.5%
Cash From Investing Activities	-$2.255M	-$19.60M	-$50.67M
YoY Change	-82.13%	54.04%	49.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$4.947M
YoY Change
Debt Paid & Issued, Net	$286.0K		$1.107M
YoY Change	5.15%		313.06%
Cash From Financing Activities	8.297M	500.0K	-1.749M
YoY Change	-36.41%	-95.47%	-108.97%
NET CHANGE
Cash From Operating Activities	-6.043M	19.11M	52.43M
Cash From Investing Activities	-2.255M	-19.60M	-50.67M
Cash From Financing Activities	8.297M	500.0K	-1.749M
Net Change In Cash	-1.000K	15.00K	9.000K
YoY Change	-150.0%	-266.67%	-400.0%
FREE CASH FLOW
Cash From Operating Activities	-$6.043M	$19.11M	$52.43M
Capital Expenditures	$2.408M	$19.80M	$58.61M
Free Cash Flow	-$8.451M	-$691.0K	-$6.184M
YoY Change	-36.95%	-104.8%	-75.12%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	53050
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0001766368
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2022Q4	us-gaap	Common Stock Value CommonStockValue
CY2021Q4	us-gaap	Common Stock Value CommonStockValue
CY2021	us-gaap	Impairment Long Lived Asset Held For Use Statement Of Income Or Comprehensive Income Extensible Enumeration ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://www.mecinc.com/20221231#ImpairmentOfLongLivedAssetsAndGainLossOnContractsToBeDisposedOf
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#PropertyPlantAndEquipmentNet
CY2022	us-gaap	Lessee Operating Lease Existence Of Option To Extend LesseeOperatingLeaseExistenceOfOptionToExtend	false
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#PropertyPlantAndEquipmentNet
CY2022Q4	us-gaap	Finance Lease Liability Current Statement Of Financial Position Extensible List FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherLiabilitiesCurrent
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2022#OtherLiabilitiesNoncurrent
CY2021	us-gaap	Restructuring Incurred Cost Statement Of Income Or Comprehensive Income Extensible Enumeration RestructuringIncurredCostStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2022#CostOfRevenue
CY2022	dei	Document Type DocumentType	10-K
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	City Area Code CityAreaCode	920
CY2021Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2462000
CY2021	mec	Increase Decrease In Tooling In Process IncreaseDecreaseInToolingInProcess	824000
CY2020	mec	Increase Decrease In Tooling In Process IncreaseDecreaseInToolingInProcess	1537000
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	616000
CY2021	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1013000
CY2022	dei	Entity File Number EntityFileNumber	001-38894
CY2022	dei	Entity Registrant Name EntityRegistrantName	Mayville Engineering Company, Inc.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	WI
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	39-0944729
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	715 South Street
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Mayville
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	WI
CY2022	dei	Local Phone Number LocalPhoneNumber	387-4500
CY2022	dei	Security12b Title Security12bTitle	Common Stock, no par value
CY2022	dei	Trading Symbol TradingSymbol	MEC
CY2022	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2022	dei	Entity Small Business EntitySmallBusiness	true
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2022	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2022	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2022Q2	dei	Entity Public Float EntityPublicFloat	151474107
CY2023Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20172746
CY2022	dei	Auditor Name AuditorName	DELOITTE & TOUCHE LLP
CY2022	dei	Auditor Location AuditorLocation	Milwaukee, WI
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	127000
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	118000
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	545000
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	631000
CY2022Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	58001000
CY2021Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	55417000
CY2022Q4	us-gaap	Inventory Net InventoryNet	71708000
CY2021Q4	us-gaap	Inventory Net InventoryNet	70157000
CY2022Q4	mec	Tooling In Progress Net ToolingInProgressNet	7938000
CY2021Q4	mec	Tooling In Progress Net ToolingInProgressNet	3950000
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CY2021Q4	us-gaap	Assets Current AssetsCurrent	132566000
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	145771000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	120746000
CY2022Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	83000
CY2022Q4	us-gaap	Goodwill Goodwill	71535000
CY2021Q4	us-gaap	Goodwill Goodwill	71535000
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CY2021Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	13280000
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	102448000
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	77372000
CY2022Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	72236000
CY2021Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	67610000
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	31891000
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CY2022Q4	us-gaap	Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent	3132000
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CY2021Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	8641000
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CY2022	us-gaap	Profit Loss ProfitLoss	18727000
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CY2020	us-gaap	Profit Loss ProfitLoss	-7092000
CY2022	us-gaap	Depreciation Depreciation	22359000
CY2021	us-gaap	Depreciation Depreciation	21077000
CY2020	us-gaap	Depreciation Depreciation	21383000
CY2022	us-gaap	Adjustment For Amortization AdjustmentForAmortization	6952000
CY2021	us-gaap	Adjustment For Amortization AdjustmentForAmortization	10706000
CY2020	us-gaap	Adjustment For Amortization AdjustmentForAmortization	10706000
CY2022	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-86000
CY2021	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-667000
CY2020	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	772000
CY2022	mec	Inventory Excess And Obsolescence Reserve InventoryExcessAndObsolescenceReserve	80000
CY2021	mec	Inventory Excess And Obsolescence Reserve InventoryExcessAndObsolescenceReserve	-935000
CY2020	mec	Inventory Excess And Obsolescence Reserve InventoryExcessAndObsolescenceReserve	80000
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	3759000
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	4962000
CY2020	us-gaap	Share Based Compensation ShareBasedCompensation	4732000
CY2022	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	161000
CY2021	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1311000
CY2020	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-667000
CY2021	mec	Impairmentofinventoryandlossoncontracts Impairmentofinventoryandlossoncontracts	700000
CY2022	mec	Impairment Of Long Lived Assets And Gain Loss On Contracts To Be Disposed Of ImpairmentOfLongLivedAssetsAndGainLossOnContractsToBeDisposedOf	-4346000
CY2021	mec	Impairment Of Long Lived Assets And Gain Loss On Contracts To Be Disposed Of ImpairmentOfLongLivedAssetsAndGainLossOnContractsToBeDisposedOf	16151000
CY2022	mec	Deferred Compensation Non Cash DeferredCompensationNonCash	-3923000
CY2021	mec	Deferred Compensation Non Cash DeferredCompensationNonCash	-514000
CY2020	mec	Deferred Compensation Non Cash DeferredCompensationNonCash	682000
CY2022	mec	Non Cash Lease Expense NonCashLeaseExpense	4251000
CY2022	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-329000
CY2021	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-325000
CY2020	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-358000
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2498000
CY2022	us-gaap	Advertising Expense AdvertisingExpense	169000
CY2021	us-gaap	Advertising Expense AdvertisingExpense	163000
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	12670000
CY2020	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2664000
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1631000
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	27896000
CY2020	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4246000
CY2022	mec	Increase Decrease In Tooling In Process IncreaseDecreaseInToolingInProcess	3988000
CY2021	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	11836000
CY2020	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	515000
CY2020	us-gaap	Advertising Expense AdvertisingExpense	100000
CY2022	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-4710000
CY2021	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	3323000
CY2020	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	4857000
CY2022	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-3856000
CY2022	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	3003000
CY2021	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	5304000
CY2020	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	8032000
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	52426000
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14457000
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	36523000
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	58610000
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	39309000
CY2020	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7794000
CY2022	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	7942000
CY2021	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	5348000
CY2020	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	2020000
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-50668000
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-33961000
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5774000
CY2022	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	437939000
CY2021	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	385226000
CY2020	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	267169000
CY2022	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	433312000
CY2021	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	362873000
CY2020	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	294484000
CY2022	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1107000
CY2021	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	268000
CY2020	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	207000
CY2022	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	4947000
CY2021	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2153000
CY2020	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2509000
CY2022	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	322000
CY2021	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	544000
CY2020	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	598000
CY2021	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	139000
CY2021	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-26000
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1749000
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	19501000
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-30629000
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	9000
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3000
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	120000
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	118000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	121000
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1000
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	127000
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	118000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	121000
CY2022	us-gaap	Interest Paid Net InterestPaidNet	3670000
CY2021	us-gaap	Interest Paid Net InterestPaidNet	2122000
CY2020	us-gaap	Interest Paid Net InterestPaidNet	3011000
CY2022	us-gaap	Income Taxes Paid IncomeTaxesPaid	704000
CY2021	us-gaap	Income Taxes Paid IncomeTaxesPaid	1548000
CY2020	us-gaap	Income Taxes Paid IncomeTaxesPaid	744000
CY2022	mec	Non Cash Transaction Construction In Progress And Accounts Payable NonCashTransactionConstructionInProgressAndAccountsPayable	603000
CY2021	mec	Non Cash Transaction Construction In Progress And Accounts Payable NonCashTransactionConstructionInProgressAndAccountsPayable	6347000
CY2020	mec	Non Cash Transaction Construction In Progress And Accounts Payable NonCashTransactionConstructionInProgressAndAccountsPayable	1559000
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	200895000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	-7092000
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	200857000
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-7451000
CY2021	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2153000
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	198271000
CY2022	us-gaap	Net Income Loss NetIncomeLoss	18727000
CY2022	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	4947000
CY2022	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	2057000
CY2022	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3759000
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	217867000
CY2022	mec	Number Of Facilities NumberOfFacilities	20
CY2022	us-gaap	Employee Stock Ownership Plan Esop Plan Description EmployeeStockOwnershipPlanESOPPlanDescription	From January 2003 until the Company’s initial public offering of common stock (IPO) in May 2019, the ESOP owned 100% of the Company’s outstanding shares of common stock which have been fully allocated to active or retired eligible employees.
CY2019Q2	mec	Percentage Of Outstanding Shares Of Common Stock Owned By Employee Stock Ownership Plan Esop PercentageOfOutstandingSharesOfCommonStockOwnedByEmployeeStockOwnershipPlanEsop	1
CY2022	mec	Percentage Of Outstanding Shares Of Common Stock Owned By Employee Stock Ownership Plan Esop PercentageOfOutstandingSharesOfCommonStockOwnedByEmployeeStockOwnershipPlanEsop	0.45
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;margin:0pt 0pt 12pt 0pt;">Use of estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:24.5pt;margin:0pt 0pt 12pt 0pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts and disclosures. Accordingly, actual results could differ from those estimates.</p>
CY2022	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;margin:0pt 0pt 12pt 0pt;">Concentration of credit risk</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:24.5pt;margin:0pt 0pt 12pt 0pt;">Financial instruments that potentially subject the Company to credit risk consist principally of bank balances above the Federal Deposit Insurance Corporation insurability limits of $250 per official custodian. The Company has not experienced any losses on these accounts and management believes the Company is not exposed to any significant credit risk on cash.</p>
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	545000
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	631000
CY2022Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	2344000
CY2021Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	2265000
CY2022Q4	mec	Tooling In Progress Net ToolingInProgressNet	7938000
CY2021Q4	mec	Tooling In Progress Net ToolingInProgressNet	3950000
CY2022	us-gaap	Depreciation Depreciation	22359000
CY2021	us-gaap	Depreciation Depreciation	21077000
CY2020	us-gaap	Depreciation Depreciation	21383000
CY2022	us-gaap	Number Of Reporting Units NumberOfReportingUnits	1
CY2021Q4	us-gaap	Goodwill Goodwill	71535000
CY2022Q4	us-gaap	Goodwill Goodwill	71535000
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	0
CY2021Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	0
CY2020Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	207000
CY2022	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	336000
CY2021	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	336000
CY2020	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	358000
CY2022Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	1056000
CY2021Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	720000
CY2020Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	616000
CY2020	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0
CY2021	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0
CY2022	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0
CY2022Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	44728000
CY2021Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	41041000
CY2022Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	17003000
CY2021Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	18905000
CY2022Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	9977000
CY2021Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	10211000
CY2022Q4	us-gaap	Inventory Net InventoryNet	71708000
CY2021Q4	us-gaap	Inventory Net InventoryNet	70157000
CY2022	mec	Impairment Of Inventory ImpairmentOfInventory	77000
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	364352000
CY2021Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	319993000
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	218581000
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	199247000
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	145771000
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	120746000
CY2022Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	83000
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	1103000
CY2022Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1136000
CY2022Q4	us-gaap	Goodwill Goodwill	71535000
CY2021Q4	us-gaap	Goodwill Goodwill	71535000
CY2022Q4	us-gaap	Goodwill Goodwill	71535000
CY2022	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	0
CY2021	us-gaap	Goodwill Period Increase Decrease GoodwillPeriodIncreaseDecrease	0
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0249
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	31891000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	61946000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	54994000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	39998000
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	46950000
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	43809000
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	50761000
CY2020Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	61467000
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10706000
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	50761000
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6952000
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	43809000
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6952000
CY2021	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10706000
CY2020	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	10706000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	6866000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	5192000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	5192000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	5192000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	5192000
CY2022Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	12364000
CY2022Q4	mec	Finance And Operating Lease Liability FinanceAndOperatingLeaseLiability	37920000
CY2022Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y1M6D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P7Y9M18D
CY2022	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	320000
CY2022	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	42000
CY2022	mec	Finance Lease Cost FinanceLeaseCost	362000
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	6063000
CY2022	us-gaap	Short Term Lease Cost ShortTermLeaseCost	683000
CY2022	us-gaap	Variable Lease Cost VariableLeaseCost	217000
CY2022	us-gaap	Sublease Income SubleaseIncome	1133000
CY2022	us-gaap	Lease Cost LeaseCost	6192000
CY2021	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	5282000
CY2020	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	4471000
CY2022Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	1103000
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	36073000
CY2022Q4	mec	Finance And Operating Lease Right Of Use Asset FinanceAndOperatingLeaseRightOfUseAsset	37176000
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	388000
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	4857000
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	784000
CY2022Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.0393
CY2022Q4	mec	Finance And Operating Lease Right Of Use Asset FinanceAndOperatingLeaseRightOfUseAsset	37176000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	5709000
CY2022Q4	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	426000
CY2022Q4	mec	Lessee Lease Liability To Be Paid Year One LesseeLeaseLiabilityToBePaidYearOne	6135000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	5668000
CY2022Q4	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	426000
CY2022Q4	mec	Lessee Lease Liability To Be Paid Year Two LesseeLeaseLiabilityToBePaidYearTwo	6094000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	4822000
CY2022Q4	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	291000
CY2022Q4	mec	Lessee Lease Liability To Be Paid Year Three LesseeLeaseLiabilityToBePaidYearThree	5113000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	4641000
CY2022Q4	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	66000
CY2022Q4	mec	Lessee Lease Liability To Be Paid Year Four LesseeLeaseLiabilityToBePaidYearFour	4707000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	4688000
CY2022Q4	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	33000
CY2022Q4	mec	Lessee Lease Liability To Be Paid Year Five LesseeLeaseLiabilityToBePaidYearFive	4721000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	15140000
CY2022Q4	mec	Lessee Lease Liability To Be Paid After Year Five LesseeLeaseLiabilityToBePaidAfterYearFive	15140000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	40668000
CY2022Q4	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	1242000
CY2022Q4	mec	Lessee Lease Liability Payment Due LesseeLeaseLiabilityPaymentDue	41910000
CY2022Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	3920000
CY2022Q4	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	70000
CY2022Q4	mec	Lessee Lease Liability Undiscounted Excess Amount LesseeLeaseLiabilityUndiscountedExcessAmount	3990000
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	36748000
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	1172000
CY2022Q4	mec	Lessee Lease Liability LesseeLeaseLiability	37920000
CY2022Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	5693000
CY2022Q4	us-gaap	Capital Leases Future Minimum Payments Due Current CapitalLeasesFutureMinimumPaymentsDueCurrent	358000
CY2022Q4	mec	Lease Liability To Be Paid Year One LeaseLiabilityToBePaidYearOne	6051000
CY2022Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	5699000
CY2022Q4	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	358000
CY2022Q4	mec	Lease Liability To Be Paid Year Two LeaseLiabilityToBePaidYearTwo	6057000
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CY2022Q4	us-gaap	Capital Leases Future Minimum Payments Due In Three Years CapitalLeasesFutureMinimumPaymentsDueInThreeYears	358000
CY2022Q4	mec	Lease Liability To Be Paid Year Three LeaseLiabilityToBePaidYearThree	6019000
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CY2022Q4	us-gaap	Capital Leases Future Minimum Payments Due In Four Years CapitalLeasesFutureMinimumPaymentsDueInFourYears	225000
CY2022Q4	mec	Lease Liability To Be Paid Year Four LeaseLiabilityToBePaidYearFour	5057000
CY2022Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	4655000
CY2022Q4	mec	Lease Liability To Be Paid Year Five LeaseLiabilityToBePaidYearFive	4655000
CY2022Q4	mec	Operating Lease Future Minimum Payments Due After Year Five OperatingLeaseFutureMinimumPaymentsDueAfterYearFive	18801000
CY2022Q4	mec	Lease Liability To Be Paid After Year Five LeaseLiabilityToBePaidAfterYearFive	18801000
CY2022Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	45341000
CY2022Q4	us-gaap	Capital Leases Future Minimum Payments Due CapitalLeasesFutureMinimumPaymentsDue	1299000
CY2022Q4	mec	Lease Liability Payment Due LeaseLiabilityPaymentDue	46640000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	357606000
CY2020	mec	Income Tax Reconciliation Uncertain Tax Positions Prior Year Income Taxes IncomeTaxReconciliationUncertainTaxPositionsPriorYearIncomeTaxes	115000
CY2020	us-gaap	Income Tax Reconciliation Tax Credits IncomeTaxReconciliationTaxCredits	409000
CY2022	mec	Income Tax Reconciliation Uncertain Tax Positions Current Year Income Taxes IncomeTaxReconciliationUncertainTaxPositionsCurrentYearIncomeTaxes	16000
CY2021	mec	Income Tax Reconciliation Uncertain Tax Positions Current Year Income Taxes IncomeTaxReconciliationUncertainTaxPositionsCurrentYearIncomeTaxes	75000
CY2020	mec	Income Tax Rate Reconciliation Loan Fee Amortization IncomeTaxRateReconciliationLoanFeeAmortization	698000
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	50000
CY2022	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	42000
CY2022	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	322000
CY2022	us-gaap	Operating Lease Payments OperatingLeasePayments	5672000
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	1271000
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	284000
CY2020	mec	Employee Stock Ownership Plan Esop Compensation Income Expense EmployeeStockOwnershipPlanESOPCompensationIncomeExpense	0
CY2021	mec	Employee Stock Ownership Plan Esop Compensation Income Expense EmployeeStockOwnershipPlanESOPCompensationIncomeExpense	0
CY2022	mec	Employee Stock Ownership Plan Esop Compensation Income Expense EmployeeStockOwnershipPlanESOPCompensationIncomeExpense	0
CY2022Q4	us-gaap	Employee Stock Ownership Plan Esop Shares In Esop EmployeeStockOwnershipPlanESOPSharesInESOP	5684879
CY2021Q4	us-gaap	Employee Stock Ownership Plan Esop Shares In Esop EmployeeStockOwnershipPlanESOPSharesInESOP	7292392
CY2022	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.50
CY2022	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	2500000
CY2021	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	2057000
CY2020	us-gaap	Defined Contribution Plan Employer Discretionary Contribution Amount DefinedContributionPlanEmployerDiscretionaryContributionAmount	1833000
CY2021	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	100000
CY2020	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	129000
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	414000
CY2021	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	1203000
CY2020	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	98000
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	414000
CY2021	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	1303000
CY2020	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	227000
CY2022	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	4722000
CY2021	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-2790000
CY2020	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-2457000
CY2022	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-1469000
CY2021	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-456000
CY2020	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	156000
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3253000
CY2021	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-3246000
CY2020	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-2301000
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3667000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1943000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2074000
CY2020	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	4703000
CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1971000
CY2020	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1925000
CY2022	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	831000
CY2021	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	523000
CY2020	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	79000
CY2022	mec	Income Tax Reconciliation Additions Deductions Other IncomeTaxReconciliationAdditionsDeductionsOther	427000
CY2021	mec	Income Tax Reconciliation Additions Deductions Other IncomeTaxReconciliationAdditionsDeductionsOther	-14000
CY2020	mec	Income Tax Reconciliation Additions Deductions Other IncomeTaxReconciliationAdditionsDeductionsOther	113000
CY2020	mec	Income Tax Reconciliation Income Taxed By Share Holder Before Ipo IncomeTaxReconciliationIncomeTaxedByShareHolderBeforeIpo	-387000
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	43000
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	29000
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	51000
CY2022	us-gaap	Income Tax Reconciliation Tax Credits IncomeTaxReconciliationTaxCredits	63000
CY2021	us-gaap	Income Tax Reconciliation Tax Credits IncomeTaxReconciliationTaxCredits	301000
CY2020	mec	Income Tax Reconciliation Uncertain Tax Positions Current Year Income Taxes IncomeTaxReconciliationUncertainTaxPositionsCurrentYearIncomeTaxes	106000
CY2022	mec	Income Tax Reconciliation Uncertain Tax Positions Prior Year Income Taxes IncomeTaxReconciliationUncertainTaxPositionsPriorYearIncomeTaxes	54000
CY2021	mec	Income Tax Reconciliation Uncertain Tax Positions Prior Year Income Taxes IncomeTaxReconciliationUncertainTaxPositionsPriorYearIncomeTaxes	-7000
CY2021	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y9M
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	-546000
CY2020	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	764000
CY2020	us-gaap	Income Tax Reconciliation Other Reconciling Items IncomeTaxReconciliationOtherReconcilingItems	-184000
CY2020	mec	Income Tax Rate Reconciliation Fixed Assets IncomeTaxRateReconciliationFixedAssets	-452000
CY2022	mec	Income Tax Rate Reconciliation State Tax Return To Provision IncomeTaxRateReconciliationStateTaxReturnToProvision	424000
CY2021	mec	Income Tax Rate Reconciliation State Tax Return To Provision IncomeTaxRateReconciliationStateTaxReturnToProvision	-147000
CY2020	mec	Income Tax Rate Reconciliation State Tax Return To Provision IncomeTaxRateReconciliationStateTaxReturnToProvision	121000
CY2022	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	-1071000
CY2021	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	43000
CY2022	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-45000
CY2021	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	51000
CY2020	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	-296000
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3667000
CY2021	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1943000
CY2020	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2074000
CY2022	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.164
CY2021	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.265
CY2020	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.226
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits	7674000
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CY2022Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	1601000
CY2021Q4	us-gaap	Deferred Tax Assets Inventory DeferredTaxAssetsInventory	1694000
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities	411000
CY2021Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities	1530000
CY2022Q4	mec	Deferred Tax Assets Right Of Use Liability DeferredTaxAssetsRightOfUseLiability	8853000
CY2022Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards DeferredTaxAssetsTaxCreditCarryforwards	942000
CY2021Q4	us-gaap	Deferred Tax Assets Tax Credit Carryforwards DeferredTaxAssetsTaxCreditCarryforwards	656000
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	4781000
CY2021Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	4080000
CY2022Q4	us-gaap	Deferred Tax Asset Interest Carryforward DeferredTaxAssetInterestCarryforward	721000
CY2022Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	478000
CY2021Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	240000
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	25461000
CY2021Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	16549000
CY2022Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	17909000
CY2021Q4	us-gaap	Deferred Tax Liabilities Property Plant And Equipment DeferredTaxLiabilitiesPropertyPlantAndEquipment	11612000
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CY2021Q4	us-gaap	Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets	13556000
CY2022Q4	mec	Deferred Tax Liabilities Right Of Use Asset DeferredTaxLiabilitiesRightOfUseAsset	8689000
CY2022Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	10000
CY2021Q4	us-gaap	Deferred Tax Liabilities Other DeferredTaxLiabilitiesOther	22000
CY2022Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	37279000
CY2021Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	25190000
CY2022Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	11818000
CY2021Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	8641000
CY2022	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense	0
CY2022Q4	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	384000
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CY2020	us-gaap	Deferred Compensation Arrangement With Individual Distribution Paid DeferredCompensationArrangementWithIndividualDistributionPaid	107000
CY2021	us-gaap	Deferred Compensation Arrangement With Individual Distribution Paid DeferredCompensationArrangementWithIndividualDistributionPaid	1327000
CY2020	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	106000
CY2020	us-gaap	Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions	115000
CY2020Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	221000
CY2021	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	100000
CY2021	us-gaap	Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions	7000
CY2021Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	314000
CY2022	us-gaap	Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions	16000
CY2022	us-gaap	Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions	54000
CY2022Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	384000
CY2022	us-gaap	Loss Contingency Disclosures LossContingencyDisclosures	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;margin:0pt 0pt 6pt 0pt;">Note 8. Contingencies</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:24.5pt;margin:0pt 0pt 12pt 0pt;">On August 4, 2022, the Company filed a lawsuit against Peloton Interactive, Inc. (“Peloton”) in the Supreme Court of the State of New York, New York County. The lawsuit arises from a March 2021 Supply Agreement between the parties, pursuant to which MEC was to manufacture and supply custom component parts for Peloton’s exercise bikes (the “Manufacturing Project”). In the lawsuit, the Company originally asserted two claims (1) breach and anticipatory repudiation of contract and (2) breach of the duty of good faith and fair dealing (pleaded in the alternative). In January 2023, in response to Peloton’s motion to dismiss, the court allowed the first claim to proceed and dismissed the alternative claim. In the remaining claim, MEC asserts that Peloton breached and anticipatorily repudiated the Supply Agreement by unilaterally cancelling the Manufacturing Project, and refusing to pay MEC certain monthly fixed revenue payments owed under the terms of the Supply Agreement. The total amount for damages claimed is substantial but the amount and timing of the ultimate recovery is uncertain. As a result, any recovery from this litigation or settlement of this claim is a contingent gain and will be recognized if, and when, realized or realizable.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:24.5pt;margin:0pt 0pt 12pt 0pt;">From time to time, the Company may be involved in various claims and lawsuits, both for and against the Company, arising in the normal course of business. Although the results of litigation and claims cannot be predicted with certainty, in management’s opinion, either the likelihood of loss is remote, or any reasonably possible loss associated with the resolution of such proceedings is not expected to have a material adverse impact on the consolidated financial statements.</p>
CY2022Q3	mec	Gain Contingency Pending Claims Number GainContingencyPendingClaimsNumber	2
CY2022	us-gaap	Deferred Compensation Arrangement With Individual Description DeferredCompensationArrangementWithIndividualDescription	The Mayville Engineering Deferred Compensation Plan is available for certain employees designated to be eligible to participate by the Company and approved by the Board of Directors.
CY2022Q4	us-gaap	Deferred Compensation Cash Based Arrangements Liability Current DeferredCompensationCashBasedArrangementsLiabilityCurrent	18062000
CY2021Q4	us-gaap	Deferred Compensation Cash Based Arrangements Liability Current DeferredCompensationCashBasedArrangementsLiabilityCurrent	0
CY2022Q4	us-gaap	Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent	3132000
CY2021Q4	us-gaap	Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent	25117000
CY2021Q4	us-gaap	Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent	25117000
CY2022	us-gaap	Deferred Compensation Arrangement With Individual Distribution Paid DeferredCompensationArrangementWithIndividualDistributionPaid	1048000
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	539392000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	454826000
CY2020	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	357606000
CY2022	mec	Reinsurance Policy Retention To Limit Aggregate Expense ReinsurancePolicyRetentionToLimitAggregateExpense	17146000
CY2021	mec	Reinsurance Policy Retention To Limit Aggregate Expense ReinsurancePolicyRetentionToLimitAggregateExpense	17157000
CY2020	mec	Reinsurance Policy Retention To Limit Aggregate Expense ReinsurancePolicyRetentionToLimitAggregateExpense	20849000
CY2022Q4	us-gaap	Assumed Liability For Unpaid Claims And Claims Adjustment Expense AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	900000
CY2021Q4	us-gaap	Assumed Liability For Unpaid Claims And Claims Adjustment Expense AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	1471000
CY2022	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1
CY2019Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	1589000
CY2019Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	914000
CY2020	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-1537000
CY2020	mec	Contract With Customer Liability Net Activity Amount ContractWithCustomerLiabilityNetActivityAmount	146000
CY2020Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3126000
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CY2021	mec	Contract With Customer Liability Net Activity Amount ContractWithCustomerLiabilityNetActivityAmount	1658000
CY2021Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3950000
CY2021Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	2718000
CY2022	us-gaap	Contract With Customer Asset Reclassified To Receivable ContractWithCustomerAssetReclassifiedToReceivable	-3988000
CY2022	mec	Contract With Customer Liability Net Activity Amount ContractWithCustomerLiabilityNetActivityAmount	3423000
CY2022Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	7938000
CY2022Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	6141000
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	539392000
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	454826000
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	75000000
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	75000000
CY2022	us-gaap	Net Income Loss NetIncomeLoss	18727000
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-7451000
CY2020	us-gaap	Net Income Loss NetIncomeLoss	-7092000
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20399737
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20404543
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19898122
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.92
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.37
CY2020	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.36
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CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20404543
CY2020	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	19898122
CY2022	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	282891
CY2021	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	426434
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20682628
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20830977
CY2020	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	19898122
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.91
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.36
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.36
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.553
CY2021	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.539
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.412
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.019
CY2022	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3759000
CY2021	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4962000
CY2020	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4732000
CY2022	mec	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriod	2025-07-19
CY2020Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	2977000
CY2021	mec	Unrecognized Stock Based Compensation Expense Grants UnrecognizedStockBasedCompensationExpenseGrants	5586000
CY2021	mec	Unrecognized Stock Based Compensation Expense Forfeitures UnrecognizedStockBasedCompensationExpenseForfeitures	388000
CY2021	mec	Unrecognized Stock Based Compensation Non Vested Awards Expense UnrecognizedStockBasedCompensationNonVestedAwardsExpense	4962000
CY2021Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	3213000
CY2022	mec	Unrecognized Stock Based Compensation Expense Grants UnrecognizedStockBasedCompensationExpenseGrants	6999000
CY2022	mec	Unrecognized Stock Based Compensation Expense Forfeitures UnrecognizedStockBasedCompensationExpenseForfeitures	3664000
CY2022	mec	Unrecognized Stock Based Compensation Non Vested Awards Expense UnrecognizedStockBasedCompensationNonVestedAwardsExpense	3759000
CY2022Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	2789000
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1	P7Y2M19D
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed	Black-Scholes valuation model
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	5.36
CY2021	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	6.93
CY2022Q4	us-gaap	Share Price SharePrice	10.32
CY2021Q4	us-gaap	Share Price SharePrice	14.01
CY2020Q4	us-gaap	Share Price SharePrice	7.12
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P5Y9M
CY2021	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.008
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.012
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.000
CY2021	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.000
CY2020	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0.000
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod	P10Y
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1	P2Y
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage	0.50
CY2022	mec	Share Based Compensation Arrangement By Share Based Payment Award Options Average Expected Term ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAverageExpectedTerm	P5Y9M
CY2020	us-gaap	Restructuring Charges RestructuringCharges	2524000
CY2020	mec	Receipts Payments For Restructuring ReceiptsPaymentsForRestructuring	1886000
CY2020	us-gaap	Restructuring Reserve Accrual Adjustment1 RestructuringReserveAccrualAdjustment1	638000
CY2022	dei	Auditor Firm AuditorFirmId	34

Files In Submission

Name	View Source	Status
0001558370-23-002542-index-headers.html	Edgar Link	pending
0001558370-23-002542-index.html	Edgar Link	pending
0001558370-23-002542.txt	Edgar Link	pending
0001558370-23-002542-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
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tmb-20221231x10k.htm	Edgar Link	pending
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tmb-20221231x10k_htm.xml	Edgar Link	completed

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$MEC
Mayville Engineering Company Inc Stock $mec

2023 Q1 Form 10-K Financial Statement

#000155837023002542 Filed on March 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MEC Mayville Engineering Company Inc Stock $mec

2023 Q1 Form 10-K Financial Statement

#000155837023002542 Filed on March 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MEC
Mayville Engineering Company Inc Stock $mec