$MG
Mistras Group, Inc.

2012 Q1 Form 10-Q Financial Statement

#000110465912024382 Filed on April 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q1 2011 Q1
Revenue $104.1M $79.21M
YoY Change 31.44% 23.0%
Cost Of Revenue $74.53M $56.62M
YoY Change 31.65% 21.23%
Gross Profit $29.58M $22.60M
YoY Change 30.92% 28.39%
Gross Profit Margin 28.41% 28.53%
Selling, General & Admin $20.81M $16.01M
YoY Change 30.0% 13.51%
% of Gross Profit 70.33% 70.83%
Research & Development $578.0K $500.0K
YoY Change 15.6% -16.67%
% of Gross Profit 1.95% 2.21%
Depreciation & Amortization $5.765M $4.850M
YoY Change 18.87% 20.05%
% of Gross Profit 19.49% 21.46%
Operating Expenses $21.38M $16.01M
YoY Change 33.61% 0.03%
Operating Profit $5.422M $4.693M
YoY Change 15.53% 193.31%
Interest Expense -$700.0K -$600.0K
YoY Change 16.67% -14.29%
% of Operating Profit -12.91% -12.78%
Other Income/Expense, Net
YoY Change
Pretax Income $4.619M $4.097M
YoY Change 12.74% 355.22%
Income Tax $1.548M $1.690M
% Of Pretax Income 33.51% 41.25%
Net Earnings $3.037M $2.443M
YoY Change 24.31% 205.38%
Net Earnings / Revenue 2.92% 3.08%
Basic Earnings Per Share
Diluted Earnings Per Share $104.2K $89.22K
COMMON SHARES
Basic Shares Outstanding 27.92M shares 26.67M shares
Diluted Shares Outstanding 26.92M shares

Balance Sheet

Concept 2012 Q1 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.900M $6.600M
YoY Change 19.7% -51.82%
Cash & Equivalents $7.900M $6.600M
Short-Term Investments
Other Short-Term Assets $10.70M $7.900M
YoY Change 35.44% -7.06%
Inventory $13.20M $10.30M
Prepaid Expenses
Receivables $95.30M $62.30M
Other Receivables $0.00 $0.00
Total Short-Term Assets $127.0M $87.00M
YoY Change 45.98% 2.72%
LONG-TERM ASSETS
Property, Plant & Equipment $58.60M $46.30M
YoY Change 26.57% 23.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.500M $900.0K
YoY Change 66.67% -59.09%
Total Long-Term Assets $173.7M $120.0M
YoY Change 44.78% 19.17%
TOTAL ASSETS
Total Short-Term Assets $127.0M $87.00M
Total Long-Term Assets $173.7M $120.0M
Total Assets $300.7M $207.0M
YoY Change 45.28% 11.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.100M $4.700M
YoY Change 51.06% 17.5%
Accrued Expenses $35.60M $20.80M
YoY Change 71.15% 28.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $12.60M $10.80M
YoY Change 16.67% -11.48%
Total Short-Term Liabilities $60.50M $40.00M
YoY Change 51.25% -2.44%
LONG-TERM LIABILITIES
Long-Term Debt $47.50M $18.50M
YoY Change 156.76% 9.47%
Other Long-Term Liabilities $5.200M $1.100M
YoY Change 372.73% -8.33%
Total Long-Term Liabilities $52.70M $19.60M
YoY Change 168.88% 8.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $60.50M $40.00M
Total Long-Term Liabilities $52.70M $19.60M
Total Liabilities $115.7M $63.40M
YoY Change 82.43% 4.62%
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 $184.8M $143.6M
YoY Change
Total Liabilities & Shareholders Equity $300.7M $207.0M
YoY Change 45.27% 11.65%

Cashflow Statement

Concept 2012 Q1 2011 Q1
OPERATING ACTIVITIES
Net Income $3.037M $2.443M
YoY Change 24.31% 205.38%
Depreciation, Depletion And Amortization $5.765M $4.850M
YoY Change 18.87% 20.05%
Cash From Operating Activities $20.55M $9.600M
YoY Change 114.06% 157.37%
INVESTING ACTIVITIES
Capital Expenditures -$2.730M -$2.500M
YoY Change 9.2% 157.73%
Acquisitions
YoY Change
Other Investing Activities -$11.88M -$1.320M
YoY Change 800.0% -1200.0%
Cash From Investing Activities -$14.62M -$3.810M
YoY Change 283.73% 348.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.850M -5.900M
YoY Change -51.69% 57.33%
NET CHANGE
Cash From Operating Activities 20.55M 9.600M
Cash From Investing Activities -14.62M -3.810M
Cash From Financing Activities -2.850M -5.900M
Net Change In Cash 3.080M -110.0K
YoY Change -2900.0% -87.36%
FREE CASH FLOW
Cash From Operating Activities $20.55M $9.600M
Capital Expenditures -$2.730M -$2.500M
Free Cash Flow $23.28M $12.10M
YoY Change 92.4% 157.45%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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IncomeLossFromContinuingOperationsPerBasicShare
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CY2011Q2 us-gaap Preferred Stock Value
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