$MG
Mistras Group, Inc. Stock $mg

$mg Overview Financials Valuation SEC Filings Company Website

2011 Q4 Form 10-Q Financial Statement

#000110465912001179 Filed on January 09, 2012

Income Statement

Concept	2011 Q4	2010 Q4
Revenue	$114.2M	$88.84M
YoY Change	28.57%	23.56%
Cost Of Revenue	$79.01M	$61.03M
YoY Change	29.45%	24.8%
Gross Profit	$35.22M	$27.81M
YoY Change	26.64%	20.9%
Gross Profit Margin	30.83%	31.3%
Selling, General & Admin	$19.38M	$15.62M
YoY Change	24.1%	13.98%
% of Gross Profit	55.03%	56.15%
Research & Development	$602.0K	$569.0K
YoY Change	5.8%	42.25%
% of Gross Profit	1.71%	2.05%
Depreciation & Amortization	$5.245M	$4.620M
YoY Change	13.53%	20.0%
% of Gross Profit	14.89%	16.61%
Operating Expenses	$19.98M	$16.18M
YoY Change	23.46%	5.09%
Operating Profit	$13.70M	$10.20M
YoY Change	34.31%	34.17%
Interest Expense	-$1.100M	-$700.0K
YoY Change	57.14%	-30.0%
% of Operating Profit	-8.03%	-6.86%
Other Income/Expense, Net
YoY Change
Pretax Income	$12.93M	$9.500M
YoY Change	36.06%	48.44%
Income Tax	$5.008M	$3.800M
% Of Pretax Income	38.74%	40.0%
Net Earnings	$7.956M	$5.700M
YoY Change	39.58%	58.33%
Net Earnings / Revenue	6.97%	6.42%
Basic Earnings Per Share
Diluted Earnings Per Share	$279.7K	$212.7K
COMMON SHARES
Basic Shares Outstanding	27.79M shares	26.67M shares
Diluted Shares Outstanding	28.60M shares	26.82M shares

Balance Sheet

Concept	2011 Q4	2010 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.300M	$6.800M
YoY Change	-22.06%	-53.42%
Cash & Equivalents	$5.319M	$6.769M
Short-Term Investments
Other Short-Term Assets	$13.30M	$8.100M
YoY Change	64.2%	6.58%
Inventory	$11.00M	$10.20M
Prepaid Expenses
Receivables	$102.8M	$63.40M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$132.4M	$88.40M
YoY Change	49.77%	3.63%
LONG-TERM ASSETS
Property, Plant & Equipment	$54.20M	$46.40M
YoY Change	16.81%	21.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.300M	$500.0K
YoY Change	160.0%	-75.0%
Total Long-Term Assets	$155.2M	$118.7M
YoY Change	30.72%	15.69%
TOTAL ASSETS
Total Short-Term Assets	$132.4M	$88.40M
Total Long-Term Assets	$155.2M	$118.7M
Total Assets	$287.6M	$207.1M
YoY Change	38.85%	10.22%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.200M	$4.600M
YoY Change	34.78%	-4.17%
Accrued Expenses	$30.60M	$21.40M
YoY Change	42.99%	28.14%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$12.10M	$11.40M
YoY Change	6.14%	-11.63%
Total Short-Term Liabilities	$53.30M	$42.10M
YoY Change	26.6%	-0.47%
LONG-TERM LIABILITIES
Long-Term Debt	$46.50M	$21.70M
YoY Change	114.29%	14.81%
Other Long-Term Liabilities	$3.700M	$600.0K
YoY Change	516.67%	-50.0%
Total Long-Term Liabilities	$50.20M	$22.30M
YoY Change	125.11%	10.95%
TOTAL LIABILITIES
Total Short-Term Liabilities	$53.30M	$42.10M
Total Long-Term Liabilities	$50.20M	$22.30M
Total Liabilities	$106.4M	$67.20M
YoY Change	58.3%	4.84%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$180.9M	$139.9M
YoY Change
Total Liabilities & Shareholders Equity	$287.6M	$207.1M
YoY Change	38.87%	10.22%

Cashflow Statement

Concept	2011 Q4	2010 Q4
OPERATING ACTIVITIES
Net Income	$7.956M	$5.700M
YoY Change	39.58%	58.33%
Depreciation, Depletion And Amortization	$5.245M	$4.620M
YoY Change	13.53%	20.0%
Cash From Operating Activities	-$12.38M	-$200.0K
YoY Change	6090.0%	-106.37%
INVESTING ACTIVITIES
Capital Expenditures	-$880.0K	-$1.990M
YoY Change	-55.78%	-415.87%
Acquisitions
YoY Change
Other Investing Activities	-$8.530M	-$11.53M
YoY Change	-26.02%	3503.12%
Cash From Investing Activities	-$9.410M	-$13.53M
YoY Change	-30.45%	-4464.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	20.91M	6.310M
YoY Change	231.38%	28.25%
NET CHANGE
Cash From Operating Activities	-12.38M	-200.0K
Cash From Investing Activities	-9.410M	-13.53M
Cash From Financing Activities	20.91M	6.310M
Net Change In Cash	-880.0K	-7.420M
YoY Change	-88.14%	-188.65%
FREE CASH FLOW
Cash From Operating Activities	-$12.38M	-$200.0K
Capital Expenditures	-$880.0K	-$1.990M
Free Cash Flow	-$11.50M	$1.790M
YoY Change	-742.46%	-28.69%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2011Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	303000	USD
CY2011Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-14017000	USD
CY2011Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	180594000	USD
CY2011Q2	us-gaap	Common Stock Value CommonStockValue	277000	USD
CY2011Q2	us-gaap	Liabilities Liabilities	81151000	USD
CY2011Q4	us-gaap	Liabilities Liabilities	106378000	USD
CY2011Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	3452000	USD
CY2011Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	2863000	USD
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q2	us-gaap	Capital Lease Obligations Noncurrent CapitalLeaseObligationsNoncurrent	9623000	USD
CY2011Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	14625000	USD
CY2011Q2	us-gaap	Liabilities Current LiabilitiesCurrent	50588000	USD
CY2011Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	2825000	USD
CY2011Q2	mg	Accrued Liabilities And Deferred Revenues Current AccruedLiabilitiesAndDeferredRevenuesCurrent	28028000	USD
CY2011Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	6656000	USD
CY2011Q2	us-gaap	Capital Lease Obligations Current CapitalLeaseObligationsCurrent	5853000	USD
CY2011Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	7226000	USD
CY2011Q2	us-gaap	Assets Assets	248637000	USD
CY2011Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	248637000	USD
CY2011Q4	us-gaap	Assets Assets	287562000	USD
CY2011Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1240000	USD
CY2011Q2	us-gaap	Goodwill Goodwill	64146000	USD
CY2011Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	27304000	USD
CY2011Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	49168000	USD
CY2011Q2	us-gaap	Assets Current AssetsCurrent	106779000	USD
CY2011Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	6761000	USD
CY2011Q2	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	1278000	USD
CY2011Q2	us-gaap	Inventory Net InventoryNet	9830000	USD
CY2011Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	78031000	USD
CY2011Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10879000	USD
CY2011Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	167486000	USD
CY2011Q2	us-gaap	Minority Interest MinorityInterest	329000	USD
CY2011Q2	us-gaap	Stockholders Equity StockholdersEquity	167157000	USD
	mg	Interest Expense And Amortization Of Deferred Charges InterestExpenseAndAmortizationOfDeferredCharges	1361000	USD
CY2010Q4	mg	Interest Expense And Amortization Of Deferred Charges InterestExpenseAndAmortizationOfDeferredCharges	671000	USD
CY2011Q4	mg	Interest Expense And Amortization Of Deferred Charges InterestExpenseAndAmortizationOfDeferredCharges	1145000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	13513000	USD
	mg	Legal Reserve LegalReserve	351000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	20042000	USD
CY2010Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	10197000	USD
CY2010Q4	mg	Legal Reserve LegalReserve	101000	USD
CY2011Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	14071000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2504000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1124000	USD
CY2010Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1326000	USD
CY2010Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	569000	USD
CY2011Q4	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1503000	USD
CY2011Q4	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	602000	USD
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	31094000	USD
CY2010Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	15615000	USD
CY2011Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	19378000	USD
	us-gaap	Gross Profit GrossProfit	48586000	USD
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	108661000	USD
	us-gaap	Gross Profit GrossProfit	62635000	USD
CY2010Q4	us-gaap	Gross Profit GrossProfit	27808000	USD
CY2010Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	61029000	USD
CY2011Q4	us-gaap	Gross Profit GrossProfit	35215000	USD
CY2011Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	79005000	USD
	us-gaap	Cost Of Goods Sold Depreciation CostOfGoodsSoldDepreciation	314000	USD
CY2010Q4	us-gaap	Cost Of Goods Sold Depreciation CostOfGoodsSoldDepreciation	159000	USD
CY2011Q4	us-gaap	Cost Of Goods Sold Depreciation CostOfGoodsSoldDepreciation	186000	USD
	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	5945000	USD
CY2010Q4	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	3136000	USD
CY2011Q4	us-gaap	Cost Of Services Depreciation CostOfServicesDepreciation	3556000	USD
	us-gaap	Cost Of Goods Sold CostOfGoodsSold	5344000	USD
CY2010Q4	us-gaap	Cost Of Goods Sold CostOfGoodsSold	2067000	USD
CY2011Q4	us-gaap	Cost Of Goods Sold CostOfGoodsSold	4216000	USD
	us-gaap	Cost Of Services CostOfServices	97058000	USD
CY2010Q4	us-gaap	Cost Of Services CostOfServices	55667000	USD
CY2011Q4	us-gaap	Cost Of Services CostOfServices	71047000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	157247000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	205667000	USD
CY2010Q4	us-gaap	Sales Revenue Net SalesRevenueNet	88837000	USD
CY2011Q4	us-gaap	Sales Revenue Net SalesRevenueNet	114220000	USD
	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	13042000	USD
	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	144205000	USD
CY2010Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	5884000	USD
CY2011Q4	us-gaap	Sales Revenue Goods Net SalesRevenueGoodsNet	10278000	USD
CY2010Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	82953000	USD
CY2011Q4	us-gaap	Sales Revenue Services Net SalesRevenueServicesNet	103942000	USD
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.27
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.27
CY2010Q4	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.21
CY2010Q4	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.21
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26795000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26664000	shares
CY2010Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26816000	shares
CY2010Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26665000	shares
	us-gaap	Notes Issued1 NotesIssued1	1637000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	2253000	USD
	us-gaap	Repayments Of Other Short Term Debt RepaymentsOfOtherShortTermDebt	-2055000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	6600000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	3418000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	2984000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-20766000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	42000	USD
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	16856000	USD
	mg	Payments To Acquire Intangible Assets And Software PaymentsToAcquireIntangibleAssetsAndSoftware	231000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3721000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	9040000	USD
	mg	Increase Decrease In Other Accrued Liabilities And Deferred Liabilities IncreaseDecreaseInOtherAccruedLiabilitiesAndDeferredLiabilities	2589000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	31000	USD
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	-174000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-980000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	2484000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1345000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	8207000	USD
	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	368000	USD
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	2731000	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	210000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1776000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	84000	USD
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-13000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	341000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-29000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8763000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5319000	USD
	us-gaap	Income Taxes Paid IncomeTaxesPaid	4617000	USD
	mg	Acquisition Related Costs And Fair Value Adjustments To Initial Purchase Price Allocation AcquisitionRelatedCostsAndFairValueAdjustmentsToInitialPurchasePriceAllocation	-339000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	12286000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-18199000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	421000	USD
	us-gaap	Interest Paid InterestPaid	1496000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6769000	USD
CY2010Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16037000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations	205000	USD

Files In Submission

Name	View Source	Status
0001104659-12-001179-index-headers.html	Edgar Link	pending
0001104659-12-001179-index.html	Edgar Link	pending
0001104659-12-001179.txt	Edgar Link	pending
0001104659-12-001179-xbrl.zip	Edgar Link	pending
a11-30068_110q.htm	Edgar Link	pending
a11-30068_1ex31d1.htm	Edgar Link	pending
a11-30068_1ex31d2.htm	Edgar Link	pending
a11-30068_1ex32d1.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
mg-20111130.xml	Edgar Link	completed
mg-20111130.xsd	Edgar Link	pending
mg-20111130_cal.xml	Edgar Link	unprocessable
mg-20111130_def.xml	Edgar Link	unprocessable
mg-20111130_lab.xml	Edgar Link	unprocessable
mg-20111130_pre.xml	Edgar Link	unprocessable
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
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$MG
Mistras Group, Inc. Stock $mg

2011 Q4 Form 10-Q Financial Statement

#000110465912001179 Filed on January 09, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MG Mistras Group, Inc. Stock $mg

2011 Q4 Form 10-Q Financial Statement

#000110465912001179 Filed on January 09, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MG
Mistras Group, Inc. Stock $mg