2019 Form 10-K Financial Statement

#000156459020008206 Filed on March 02, 2020

View on sec.gov

Income Statement

Concept 2019 2018 Q4 2018 Q3
Revenue $519.7M $91.43M $84.34M
YoY Change 46.6%
Cost Of Revenue $461.0M $81.04M $71.52M
YoY Change 51.67%
Gross Profit $58.72M $10.40M $12.82M
YoY Change 16.04%
Gross Profit Margin 11.3% 11.37% 15.2%
Selling, General & Admin $56.00M $7.500M $6.200M
YoY Change 130.45%
% of Gross Profit 95.37% 72.14% 48.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.30M $5.600M $4.970M
YoY Change 36.18%
% of Gross Profit 37.97% 53.87% 38.76%
Operating Expenses $66.70M $8.900M $7.200M
YoY Change 134.04%
Operating Profit -$1.958M $1.585M $5.687M
YoY Change -108.83%
Interest Expense $6.728M $1.274M $846.0K
YoY Change 73.45%
% of Operating Profit 80.38% 14.88%
Other Income/Expense, Net $0.00
YoY Change
Pretax Income -$8.840M $85.00K $4.841M
YoY Change -150.58%
Income Tax -$4.088M -$505.0K $17.00K
% Of Pretax Income -594.12% 0.35%
Net Earnings -$4.753M $590.0K $4.824M
YoY Change -126.5%
Net Earnings / Revenue -0.91% 0.65% 5.72%
Basic Earnings Per Share
Diluted Earnings Per Share -$275.9K $16.39K $355.6K
COMMON SHARES
Basic Shares Outstanding 17.45M
Diluted Shares Outstanding 17.45M

Balance Sheet

Concept 2019 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00
YoY Change -100.0%
Cash & Equivalents $0.00 $3.089M $84.00K
Short-Term Investments
Other Short-Term Assets $3.000M
YoY Change 87.5%
Inventory $47.30M $53.41M
Prepaid Expenses
Receivables $40.20M
Other Receivables $0.00
Total Short-Term Assets $90.50M $112.8M
YoY Change -19.77%
LONG-TERM ASSETS
Property, Plant & Equipment $128.3M $123.9M
YoY Change 1.99%
Goodwill $69.44M
YoY Change
Intangibles $82.88M
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.100M $814.0K
YoY Change 37.5%
Total Long-Term Assets $273.1M $279.0M
YoY Change -2.08%
TOTAL ASSETS
Total Short-Term Assets $90.50M $112.8M
Total Long-Term Assets $273.1M $279.0M
Total Assets $363.6M $391.7M
YoY Change -7.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $32.20M $45.99M
YoY Change -30.0%
Accrued Expenses $12.00M
YoY Change -12.41%
Deferred Revenue $977.0K
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $600.0K $8.606M
YoY Change -93.26%
Total Short-Term Liabilities $48.20M $83.16M
YoY Change -42.07%
LONG-TERM LIABILITIES
Long-Term Debt $75.30M
YoY Change -56.47%
Other Long-Term Liabilities $25.00M $100.0K
YoY Change 85.19%
Total Long-Term Liabilities $100.3M $100.0K
YoY Change -46.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $48.20M $83.16M
Total Long-Term Liabilities $100.3M $100.0K
Total Liabilities $162.7M $288.7M
YoY Change -43.64%
SHAREHOLDERS EQUITY
Retained Earnings $26.84M
YoY Change
Common Stock $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $57.66M
YoY Change
Treasury Stock Shares
Shareholders Equity $200.9M
YoY Change
Total Liabilities & Shareholders Equity $363.6M $391.7M
YoY Change -7.17%

Cashflow Statement

Concept 2019 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income -$4.753M $590.0K $4.824M
YoY Change -126.5%
Depreciation, Depletion And Amortization $22.30M $5.600M $4.970M
YoY Change 36.18%
Cash From Operating Activities $33.40M $8.150M $11.80M
YoY Change -9.02%
INVESTING ACTIVITIES
Capital Expenditures $25.80M -$4.550M -$7.340M
YoY Change 44.29%
Acquisitions $2.369M
YoY Change -97.93%
Other Investing Activities -$2.290M -$114.7M $10.00K
YoY Change -98.0%
Cash From Investing Activities -$28.09M -$119.3M -$7.330M
YoY Change -78.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.591M
YoY Change -66.92%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.400M 114.1M -4.470M
YoY Change -108.5%
NET CHANGE
Cash From Operating Activities 33.40M 8.150M 11.80M
Cash From Investing Activities -28.09M -119.3M -7.330M
Cash From Financing Activities -8.400M 114.1M -4.470M
Net Change In Cash -3.088M 3.010M -0.0000000009313
YoY Change -202.49%
FREE CASH FLOW
Cash From Operating Activities $33.40M $8.150M $11.80M
Capital Expenditures $25.80M -$4.550M -$7.340M
Free Cash Flow $7.605M $12.70M $19.14M
YoY Change -59.63%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q2 dei Entity Public Float
EntityPublicFloat
272416084
CY2018Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
25180330
CY2019 dei Document Annual Report
DocumentAnnualReport
true
CY2019 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2019 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
526000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
801000
CY2019Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0
CY2018Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0
CY2018Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
60045454
CY2018Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
38623806
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
1213482
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20845693
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3089000
CY2019Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
40188000
CY2018Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
52298000
CY2019Q4 us-gaap Inventory Net
InventoryNet
45692000
CY2018Q4 us-gaap Inventory Net
InventoryNet
53405000
CY2019Q4 mec Tooling In Progress Net
ToolingInProgressNet
1589000
CY2018Q4 mec Tooling In Progress Net
ToolingInProgressNet
2318000
CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3007000
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1649000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
90477000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
112759000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
125063000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
123883000
CY2019Q4 us-gaap Goodwill
Goodwill
71535000
CY2018Q4 us-gaap Goodwill
Goodwill
69437000
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
72173000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82879000
CY2019Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
3227000
CY2018Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
1953000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1107000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
814000
CY2019Q4 us-gaap Assets
Assets
363582000
CY2018Q4 us-gaap Assets
Assets
391725000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
32173000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4088000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
5246000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
17935000
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.27
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10706000
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4096000
CY2019 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
25105000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-4753000
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
17447464
CY2018 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
4663000
CY2019 mec Proforma Net Income
ProformaNetIncome
-4926000
CY2018 mec Proforma Net Income
ProformaNetIncome
13272000
CY2018 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.96
CY2017 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.37
CY2017 us-gaap Profit Loss
ProfitLoss
5246000
CY2018 us-gaap Depreciation
Depreciation
16372000
CY2017 us-gaap Depreciation
Depreciation
16975000
CY2019 us-gaap Adjustment For Amortization
AdjustmentForAmortization
10706000
CY2018 us-gaap Adjustment For Amortization
AdjustmentForAmortization
4096000
CY2017 mec Deferred Compensation And Long Term Incentive Non Cash
DeferredCompensationAndLongTermIncentiveNonCash
1000000
CY2018 mec Loss Gain On Extinguishment Or Forgiveness Of Debt
LossGainOnExtinguishmentOrForgivenessOfDebt
-814000
CY2019 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
13000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-11853000
CY2018 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
583000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2570000
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2480000
CY2017 mec Increase Decrease In Tooling In Process
IncreaseDecreaseInToolingInProcess
481000
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
177000
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
23000
CY2018 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-218000
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
106000
CY2018Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
102989000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
45992000
CY2019Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
598000
CY2018Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
281000
CY2018Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
8606000
CY2019Q4 mec Accrued Salaries Wages And Payroll Taxes Current
AccruedSalariesWagesAndPayrollTaxesCurrent
5752000
CY2018Q4 mec Accrued Salaries Wages And Payroll Taxes Current
AccruedSalariesWagesAndPayrollTaxesCurrent
7548000
CY2019Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
6229000
CY2018Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
6124000
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3439000
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14610000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
48191000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
83161000
CY2019Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
72572000
CY2018Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
59629000
CY2019Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
2687000
CY2018Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
1697000
CY2018Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
111675000
CY2019Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
24949000
CY2018Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Classified Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityClassifiedNoncurrent
13351000
CY2019Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
14188000
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
19123000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
100000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
100000
CY2019Q4 us-gaap Liabilities
Liabilities
162687000
CY2018Q4 us-gaap Liabilities
Liabilities
288736000
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 mec Temporary Equity Common Carrying Amount Attributable To Parent
TemporaryEquityCommonCarryingAmountAttributableToParent
133806000
CY2018Q4 mec Temporary Retained Earnings Accumulated Deficit
TemporaryRetainedEarningsAccumulatedDeficit
26842000
CY2018Q4 mec Temporary Treasury Stock Value
TemporaryTreasuryStockValue
57659000
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
183687000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
22090000
CY2019Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
4882000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
200895000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
363582000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
391725000
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
313331000
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3756000
CY2019 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
5453000
CY2018 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
4000000
CY2019 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
25466000
CY2018 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
12276000
CY2017 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
12158000
CY2019 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-6054000
CY2018 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-21000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
-1958000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
22169000
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
9426000
CY2017 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
9099000
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
412000
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
101763000
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2591000
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7833000
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8713000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
469000
CY2018 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
123000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1000
CY2019 us-gaap Interest Expense
InterestExpense
6728000
CY2018 us-gaap Interest Expense
InterestExpense
3879000
CY2017 us-gaap Interest Expense
InterestExpense
4180000
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-154000
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-814000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8840000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17476000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5246000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-459000
CY2019 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
173000
CY2019 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
-0.28
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.26
CY2019 us-gaap Profit Loss
ProfitLoss
-4753000
CY2018 us-gaap Profit Loss
ProfitLoss
17935000
CY2019 us-gaap Depreciation
Depreciation
22296000
CY2017 us-gaap Adjustment For Amortization
AdjustmentForAmortization
3756000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
3486000
CY2019 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
395000
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
62000
CY2019 mec Deferred Compensation And Long Term Incentive Non Cash
DeferredCompensationAndLongTermIncentiveNonCash
11598000
CY2018 mec Deferred Compensation And Long Term Incentive Non Cash
DeferredCompensationAndLongTermIncentiveNonCash
4466000
CY2019 mec Loss Gain On Extinguishment Or Forgiveness Of Debt
LossGainOnExtinguishmentOrForgivenessOfDebt
367000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-48000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1042000
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-8886000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4425000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-11010000
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
834000
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
5992000
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-6938000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30801000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17879000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11259000
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
76000
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
10000
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
24000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2369000
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
114700000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28090000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-132569000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11235000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
442154000
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
257428000
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
132473000
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
429211000
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
228137000
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
133882000
CY2018 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
167094000
CY2019 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
120046000
CY2018 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
87389000
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2173000
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6873000
CY2019 mec Increase Decrease In Tooling In Process
IncreaseDecreaseInToolingInProcess
-729000
CY2018 mec Increase Decrease In Tooling In Process
IncreaseDecreaseInToolingInProcess
-489000
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.29
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1358000
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.37
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
13891301
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14341538
CY2017 mec Proforma Net Income
ProformaNetIncome
5246000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
164000000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8400000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
98867000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-19633000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3088000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3013000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-67000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3089000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
76000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
143000
CY2019 us-gaap Interest Paid
InterestPaid
6629000
CY2018 us-gaap Interest Paid
InterestPaid
4117000
CY2017 us-gaap Interest Paid
InterestPaid
4305000
CY2018 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
167781000
CY2018 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
53081000
CY2018 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
114700000
CY2019 mec Non Cash Transaction Construction In Progress And Accounts Payable
NonCashTransactionConstructionInProgressAndAccountsPayable
2809000
CY2018 mec Non Cash Transaction Construction In Progress And Accounts Payable
NonCashTransactionConstructionInProgressAndAccountsPayable
1240000
CY2017 mec Non Cash Transaction Construction In Progress And Accounts Payable
NonCashTransactionConstructionInProgressAndAccountsPayable
186000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
CY2019 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
105845000
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
101763000
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2592000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3486000
CY2019 mec Net Income Loss Post Ipo
NetIncomeLossPostIPO
-7609000
CY2019 us-gaap Loss Contingency Disclosures
LossContingencyDisclosures
<p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 12. Contingencies </p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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&#8217;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>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of estimates</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts and disclosures. Accordingly, actual results could differ from those estimates.</p>
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Concentration of credit risk</p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to credit risk consist principally of bank balances above the Federal Deposit Insurance Corporation (FDIC) 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>
CY2019 mec Number Of Facilities Operated
NumberOfFacilitiesOperated
20
CY2019 us-gaap Employee Stock Ownership Plan Esop Plan Description
EmployeeStockOwnershipPlanESOPPlanDescription
From January 2003 until the Company’s initial public offering of its 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.
CY2019 mec Percentage Of Outstanding Shares Of Common Stock Owned By Employee Stock Ownership Plan Esop
PercentageOfOutstandingSharesOfCommonStockOwnedByEmployeeStockOwnershipPlanESOP
1.00
CY2019 us-gaap Number Of Reporting Units
NumberOfReportingUnits
1
CY2018 us-gaap Number Of Reporting Units
NumberOfReportingUnits
2
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
142
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2173000
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
412000
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
381000
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
198000
CY2017 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
249000
CY2019Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
474
CY2018Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
114000
CY2017Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
619000
CY2019 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
154000
CY2018 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
814000
CY2017 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0
CY2019 us-gaap Advertising Expense
AdvertisingExpense
110000
CY2018 us-gaap Advertising Expense
AdvertisingExpense
116000
CY2017 us-gaap Advertising Expense
AdvertisingExpense
157000
CY2019Q2 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
10075
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
13443484
CY2019 mec Business Combination Gain Loss On Contingent Consideration Liability
BusinessCombinationGainLossOnContingentConsiderationLiability
6054000
CY2019Q4 us-gaap Business Combination Acquired Receivables Fair Value
BusinessCombinationAcquiredReceivablesFairValue
27000
CY2019Q4 mec Business Combination Fair Value Adjustment Of Acquired Inventory
BusinessCombinationFairValueAdjustmentOfAcquiredInventory
1508000
CY2019Q4 mec Business Combination Fair Value Adjustment Of Acquired Property Plant And Equipment
BusinessCombinationFairValueAdjustmentOfAcquiredPropertyPlantAndEquipment
-36000
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1097000
CY2019Q4 mec Business Combination Fair Value Adjustment Other Liabilities
BusinessCombinationFairValueAdjustmentOtherLiabilities
31000
CY2019Q2 mec Working Capital
WorkingCapital
2368000
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
523721000
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
17151000
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
28664000
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
32589000
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
10834000
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
12329000
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
6194000
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
8487000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
289063000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
266399000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
142516000
CY2019 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-270000
CY2019 mec Goodwill Net Working Capital True Up Adjustments
GoodwillNetWorkingCapitalTrueUpAdjustments
2368000
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
33582000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22876000
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
68362000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
79068000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
10706000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
10706000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6952000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6865000
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5192000
CY2019 mec Interest Coverage Ratio
InterestCoverageRatio
0.0742
CY2019 mec Consolidated Leverage Ratio
ConsolidatedLeverageRatio
0.0139
CY2018Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
121106000
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
825000
CY2019 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
1776000
CY2018 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
2051000
CY2017 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
734000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
734000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
734000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
734000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
514000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
226000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
3676000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
392000
CY2019Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
3285000
CY2019Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
3285000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3402000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2725000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1923000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1792000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
830000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2094000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
12766000
CY2019 mec Lessee Operating Lease Term Of Contract Month And Year
LesseeOperatingLeaseTermOfContractMonthAndYear
2028-12
CY2019 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4801000
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2052000
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1856000
CY2019 us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
0.03
CY2019Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
11790113
CY2018Q4 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
13443484
CY2018Q4 us-gaap Employee Stock Ownership Plan Esop Fair Value Of Shares Subject To Repurchase Obligation
EmployeeStockOwnershipPlanESOPFairValueOfSharesSubjectToRepurchaseObligation
133806000
CY2018 us-gaap Employee Stock Ownership Plan Esop Weighted Average Purchase Price Of Shares Purchased
EmployeeStockOwnershipPlanESOPWeightedAveragePurchasePriceOfSharesPurchased
9.95
CY2019 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.50
CY2019 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
0
CY2018 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
696000
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
671000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
401000
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-126000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1544000
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
614000
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1945000
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
488000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-4197000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-793000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1836000
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-154000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6033000
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-947000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1854000
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-388000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-58000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-61000
CY2019 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
357000
CY2019 mec Income Tax Reconciliation Income Taxed By Shareholder Before Ipo
IncomeTaxReconciliationIncomeTaxedByShareholderBeforeIPO
-867000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
77000
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
171000
CY2019 mec Income Tax Reconciliation Transaction Costs
IncomeTaxReconciliationTransactionCosts
607000
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-2355000
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
254000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
259000
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-181000
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.475
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.025
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
8645000
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
226000
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1837000
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
211000
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
279000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3120000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
949000
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
288000
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
14092000
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1464000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8354000
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4379000
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
19305000
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
16034000
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
175000
CY2019Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
622000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
28281000
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
20587000
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
14188000
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
19123000
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0
CY2019 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.
CY2019 mec Description Of Conditions In Respect Of Long Term Cash Incentives To Eligible Participants
DescriptionOfConditionsInRespectOfLongTermCashIncentivesToEligibleParticipants
Prior to the IPO, the Company’s long-term incentive plan (LTIP) was available for any employee who had been designated to be eligible to participate by the Compensation Committee of the Board of Directors. Annually, the LTIP provided for long-term cash incentive awards to eligible participants based on the Company’s performance over a three-year performance period.
CY2019Q4 us-gaap Assumed Liability For Unpaid Claims And Claims Adjustment Expense
AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
1316000
CY2018Q4 us-gaap Assumed Liability For Unpaid Claims And Claims Adjustment Expense
AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
1730000
CY2019 mec Reinsurance Policy Retention To Limit Annual Aggregate Risk
ReinsurancePolicyRetentionToLimitAnnualAggregateRisk
19208000
CY2018 mec Reinsurance Policy Retention To Limit Annual Aggregate Risk
ReinsurancePolicyRetentionToLimitAnnualAggregateRisk
17726000
CY2017 mec Reinsurance Policy Retention To Limit Annual Aggregate Risk
ReinsurancePolicyRetentionToLimitAnnualAggregateRisk
16176000
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2018Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
19405000
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
75000
CY2019 mec Fair Value Measurements Transfers Between Level One And Level Two
FairValueMeasurementsTransfersBetweenLevelOneAndLevelTwo
24949000
CY2018Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
6076000
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2318000
CY2019 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
729000
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
1589000
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
977000
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
63000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
914000
CY2019Q2 us-gaap Stockholders Equity Note Changes In Capital Structure Retroactive Impact
StockholdersEquityNoteChangesInCapitalStructureRetroactiveImpact
On May 13, 2019, the Company issued a stock dividend specific to pre-IPO shares, of approximately 1,334.34-for-1. The share dividend was accounted for as a 1,334.34-for-1 stock split and is retroactively reflected in these consolidated financial statements. All share redemption provisions mentioned in Note 19, Temporary Equity, were removed effective with the IPO. Therefore, common shares were reclassified from temporary equity to permanent equity as of May 2019.
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.213
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0242
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
17
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
Black-Scholes option pricing model
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.07
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
287895
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1748000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P2Y
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3486000
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
14416
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0
CY2019Q4 mec Unrecognized Stock Based Compensation Expense
UnrecognizedStockBasedCompensationExpense
3720000
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
143732000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
145130000
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
128511000
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
102331000
CY2019Q1 us-gaap Cost Of Revenue
CostOfRevenue
124153000
CY2019Q2 us-gaap Cost Of Revenue
CostOfRevenue
124595000
CY2019Q3 us-gaap Cost Of Revenue
CostOfRevenue
113941000
CY2019Q4 us-gaap Cost Of Revenue
CostOfRevenue
98297000
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2677000
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2677000
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2677000
CY2019Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2677000
CY2019Q1 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
1750000
CY2019Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
22830000
CY2019Q3 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
678000
CY2019Q4 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
-153000
CY2019Q1 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1500000
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1500000
CY2019Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1500000
CY2019Q4 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
953000
CY2019Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
6723000
CY2019Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
7506000
CY2019Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
6068000
CY2019Q4 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
5170000
CY2019Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
869000
CY2019Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
2674000
CY2019Q3 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-9598000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6060000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-16652000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
13245000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-4612000
CY2019Q1 us-gaap Interest Expense
InterestExpense
2832000
CY2019Q2 us-gaap Interest Expense
InterestExpense
1991000
CY2019Q3 us-gaap Interest Expense
InterestExpense
987000
CY2019Q4 us-gaap Interest Expense
InterestExpense
918000
CY2019Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-154000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3228000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-18797000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
12258000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5530000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
769000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3513000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2512000
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3857000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
2459000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-15284000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
9746000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
-1673000
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.18
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.91
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.49
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
13443484
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
16799915
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19740296
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
19711921
CY2019Q1 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
70000
CY2019Q2 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
103000
CY2019Q1 mec Proforma Net Income
ProformaNetIncome
2389000
CY2019Q2 mec Proforma Net Income
ProformaNetIncome
-15387000
CY2019Q3 mec Proforma Net Income
ProformaNetIncome
9746000
CY2019Q4 mec Proforma Net Income
ProformaNetIncome
-1673000
CY2019Q1 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.18
CY2019Q2 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
-0.92
CY2019Q3 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.49
CY2019Q4 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
-0.08
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
87221000
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
91535000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
84338000
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
91431000
CY2018Q1 us-gaap Cost Of Revenue
CostOfRevenue
75411000
CY2018Q2 us-gaap Cost Of Revenue
CostOfRevenue
75986000
CY2018Q3 us-gaap Cost Of Revenue
CostOfRevenue
71517000
CY2018Q4 us-gaap Cost Of Revenue
CostOfRevenue
81035000
CY2018Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
939000
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
939000
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
939000
CY2018Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1279000
CY2018Q1 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
1640000
CY2018Q2 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
1365000
CY2018Q3 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
2340000
CY2018Q4 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
2713000
CY2018Q1 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000
CY2018Q2 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000
CY2018Q3 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000
CY2018Q4 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
1000000
CY2018Q1 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2867000
CY2018Q2 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2713000
CY2018Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
2855000
CY2018Q4 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
3841000
CY2018Q4 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-21000
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
5364000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
9532000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5687000
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
1585000
CY2018Q1 us-gaap Interest Expense
InterestExpense
906000
CY2018Q2 us-gaap Interest Expense
InterestExpense
853000
CY2018Q3 us-gaap Interest Expense
InterestExpense
846000
CY2018Q4 us-gaap Interest Expense
InterestExpense
1274000
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-588000
CY2018Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-226000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4458000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8091000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4841000
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
85000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
29000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17000
CY2018Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-505000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
4430000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
8091000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
4824000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
590000
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.31
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.56
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.36
CY2018Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.04
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14177317
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14341538
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
13453285
CY2018Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
13443524
CY2018Q1 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
1130000
CY2018Q2 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
2104000
CY2018Q3 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
1254000
CY2018Q4 mec Pro Forma Provision For Income Tax
ProFormaProvisionForIncomeTax
175000
CY2018Q1 mec Proforma Net Income
ProformaNetIncome
3300000
CY2018Q2 mec Proforma Net Income
ProformaNetIncome
5987000
CY2018Q3 mec Proforma Net Income
ProformaNetIncome
3570000
CY2018Q4 mec Proforma Net Income
ProformaNetIncome
415000
CY2018Q1 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.23
CY2018Q2 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.42
CY2018Q3 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.27
CY2018Q4 mec Proforma Earnings Per Share Basic And Diluted
ProformaEarningsPerShareBasicAndDiluted
0.03

Files In Submission

Name View Source Status
0001564590-20-008206-index-headers.html Edgar Link pending
0001564590-20-008206-index.html Edgar Link pending
0001564590-20-008206.txt Edgar Link pending
0001564590-20-008206-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gwy50svolp3n000001.jpg Edgar Link pending
gwy50svolp3n000002.jpg Edgar Link pending
mec-10k_20191231.htm Edgar Link pending
mec-20191231.xml Edgar Link completed
mec-20191231.xsd Edgar Link pending
mec-20191231_cal.xml Edgar Link unprocessable
mec-20191231_def.xml Edgar Link unprocessable
mec-20191231_lab.xml Edgar Link unprocessable
mec-20191231_pre.xml Edgar Link unprocessable
mec-ex21_129.htm Edgar Link pending
mec-ex23_167.htm Edgar Link pending
mec-ex311_9.htm Edgar Link pending
mec-ex312_8.htm Edgar Link pending
mec-ex32_6.htm Edgar Link pending
mec-ex4_131.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending