$MG
Mistras Group, Inc. Stock $mg

$mg Overview Financials Valuation SEC Filings Company Website

2016 Q3 Form 10-Q Financial Statement

#000143612616000069 Filed on October 07, 2016

Income Statement

Concept	2016 Q3	2015 Q3
Revenue	$168.8M	$179.9M
YoY Change	-6.14%	7.97%
Cost Of Revenue	$112.8M	$123.4M
YoY Change	-8.63%	3.07%
Gross Profit	$50.65M	$51.27M
YoY Change	-1.22%	22.1%
Gross Profit Margin	30.0%	28.51%
Selling, General & Admin	$35.00M	$35.84M
YoY Change	-2.35%	1.75%
% of Gross Profit	69.09%	69.89%
Research & Development	$643.0K	$621.0K
YoY Change	3.54%	-4.31%
% of Gross Profit	1.27%	1.21%
Depreciation & Amortization	$7.919M	$7.960M
YoY Change	-0.52%	-3.85%
% of Gross Profit	15.63%	15.52%
Operating Expenses	$35.64M	$36.46M
YoY Change	-2.25%	1.64%
Operating Profit	$12.12M	$12.93M
YoY Change	-6.31%	252.95%
Interest Expense	-$800.0K	-$1.900M
YoY Change	-57.89%	111.11%
% of Operating Profit	-6.6%	-14.69%
Other Income/Expense, Net
YoY Change
Pretax Income	$11.34M	$11.01M
YoY Change	2.98%	299.06%
Income Tax	$4.083M	$4.163M
% Of Pretax Income	36.01%	37.81%
Net Earnings	$7.238M	$6.872M
YoY Change	5.33%	312.48%
Net Earnings / Revenue	4.29%	3.82%
Basic Earnings Per Share
Diluted Earnings Per Share	$218.5K	$233.1K
COMMON SHARES
Basic Shares Outstanding	29.05M shares	28.72M shares
Diluted Shares Outstanding	30.23M shares	29.60M shares

Balance Sheet

Concept	2016 Q3	2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$14.90M	$11.70M
YoY Change	27.35%	-6.4%
Cash & Equivalents	$16.51M	$11.69M
Short-Term Investments
Other Short-Term Assets	$18.60M	$14.70M
YoY Change	26.53%	-13.02%
Inventory	$10.05M	$10.82M
Prepaid Expenses
Receivables	$134.1M	$134.1M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$177.7M	$171.3M
YoY Change	3.77%	-6.75%
LONG-TERM ASSETS
Property, Plant & Equipment	$76.66M	$77.67M
YoY Change	-1.3%	-8.97%
Goodwill	$169.2M	$165.2M
YoY Change	2.41%	-3.32%
Intangibles	$41.51M	$48.84M
YoY Change	-14.99%	-28.82%
Long-Term Investments
YoY Change
Other Assets	$2.222M	$2.089M
YoY Change	6.37%	42.21%
Total Long-Term Assets	$290.6M	$294.7M
YoY Change	-1.39%	-10.06%
TOTAL ASSETS
Total Short-Term Assets	$177.7M	$171.3M
Total Long-Term Assets	$290.6M	$294.7M
Total Assets	$468.3M	$465.9M
YoY Change	0.51%	-8.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$8.669M	$10.07M
YoY Change	-13.94%	-32.18%
Accrued Expenses	$56.40M	$46.40M
YoY Change	21.55%	-2.73%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.089M	$16.35M
YoY Change	-87.22%	-27.44%
Total Short-Term Liabilities	$81.02M	$86.93M
YoY Change	-6.81%	-14.9%
LONG-TERM LIABILITIES
Long-Term Debt	$68.34M	$89.44M
YoY Change	-23.59%	-21.24%
Other Long-Term Liabilities	$7.136M	$8.732M
YoY Change	-18.28%	-45.93%
Total Long-Term Liabilities	$75.48M	$98.18M
YoY Change	-23.12%	-24.32%
TOTAL LIABILITIES
Total Short-Term Liabilities	$81.02M	$86.93M
Total Long-Term Liabilities	$75.48M	$98.18M
Total Liabilities	$187.3M	$214.1M
YoY Change	-12.53%	-20.03%
SHAREHOLDERS EQUITY
Retained Earnings	$88.83M	$64.45M
YoY Change	37.82%	49.31%
Common Stock	$291.0K	$288.0K
YoY Change	1.04%	0.7%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$280.9M	$251.7M
YoY Change
Total Liabilities & Shareholders Equity	$468.3M	$465.9M
YoY Change	0.51%	-8.87%

Cashflow Statement

Concept	2016 Q3	2015 Q3
OPERATING ACTIVITIES
Net Income	$7.238M	$6.872M
YoY Change	5.33%	312.48%
Depreciation, Depletion And Amortization	$7.919M	$7.960M
YoY Change	-0.52%	-3.85%
Cash From Operating Activities	$17.34M	$16.21M
YoY Change	7.0%	83.23%
INVESTING ACTIVITIES
Capital Expenditures	$3.729M	$4.501M
YoY Change	-17.15%	18.32%
Acquisitions	$1.188M	$0.00
YoY Change		-100.0%
Other Investing Activities	-$960.0K	$170.0K
YoY Change	-664.71%	-100.47%
Cash From Investing Activities	-$4.975M	-$4.399M
YoY Change	13.09%	-87.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$10.65M	$12.35M
YoY Change	-13.77%	415.75%
Cash From Financing Activities	-$17.85M	-$10.56M
YoY Change	68.97%	-135.08%
NET CHANGE
Cash From Operating Activities	$17.34M	$16.21M
Cash From Investing Activities	-$4.975M	-$4.399M
Cash From Financing Activities	-$17.85M	-$10.56M
Net Change In Cash	-$5.478M	$1.249M
YoY Change	-538.59%	-49.19%
FREE CASH FLOW
Cash From Operating Activities	$17.34M	$16.21M
Capital Expenditures	$3.729M	$4.501M
Free Cash Flow	$13.62M	$11.71M
YoY Change	16.28%	132.18%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q3	dei	Document Period End Date DocumentPeriodEndDate	2016-08-31
CY2016Q3	dei	Document Type DocumentType	10-Q
CY2016Q3	dei	Entity Central Index Key EntityCentralIndexKey	0001436126
CY2016Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	29185036	shares
CY2016Q3	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q3	dei	Amendment Flag AmendmentFlag	false
CY2016Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--05-31
CY2016Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2016Q3	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2016Q3	dei	Entity Registrant Name EntityRegistrantName	Mistras Group, Inc.
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CY2016Q3	us-gaap	Long Term Debt LongTermDebt	70430000	USD
CY2016Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	12553000	USD
CY2016Q2	us-gaap	Long Term Debt LongTermDebt	85009000	USD
CY2016Q3	us-gaap	Long Term Debt Current LongTermDebtCurrent	2089000	USD
CY2016Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	72456000	USD
CY2016Q3	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	68341000	USD
CY2016Q2	us-gaap	Loss Contingency Accrual Carrying Value Current LossContingencyAccrualCarryingValueCurrent	6320000	USD
CY2016Q3	us-gaap	Loss Contingency Accrual Carrying Value Current LossContingencyAccrualCarryingValueCurrent	6320000	USD
CY2016Q2	us-gaap	Minority Interest MinorityInterest	125000	USD
CY2016Q3	us-gaap	Minority Interest MinorityInterest	134000	USD
CY2015Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-10562000	USD
CY2016Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-17847000	USD
CY2015Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4399000	USD
CY2016Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4975000	USD
CY2015Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16210000	USD
CY2016Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	17344000	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	6872000	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	6596000	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-25000	USD
CY2016Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	13000	USD
CY2015Q3	us-gaap	Notes Issued1 NotesIssued1	0	USD
CY2016Q3	us-gaap	Notes Issued1 NotesIssued1	331000	USD
CY2016Q3	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	12932000	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	11155000	USD
CY2016Q2	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	15902000	USD
CY2016Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	17269000	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2341000	USD
CY2016Q3	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2222000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-652000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-3583000	USD
CY2016Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	6794000	USD
CY2016Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	7136000	USD
CY2015Q3	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	784000	USD
CY2016Q3	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	746000	USD
CY2015Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	953000	USD
CY2016Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1274000	USD
CY2015Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2016Q3	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	1188000	USD
CY2015Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4501000	USD
CY2016Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3729000	USD
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	12711000	USD
CY2016Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	12491000	USD
CY2015Q3	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1382000	USD
CY2016Q3	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	113000	USD
CY2015Q3	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	20100000	USD
CY2016Q3	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	18900000	USD
CY2015Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	168000	USD
CY2016Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	230000	USD
CY2015Q3	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2016Q3	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	438000	USD
CY2015Q3	us-gaap	Profit Loss ProfitLoss	6847000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	6609000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	202844000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	204763000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	78676000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	76662000	USD
CY2016Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	137913000	USD
CY2016Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	134138000	USD
CY2015Q3	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	16400000	USD
CY2016Q3	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	23100000	USD
CY2015Q3	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	1893000	USD
CY2016Q3	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	1986000	USD
CY2015Q3	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	12347000	USD
CY2016Q3	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	10647000	USD
CY2015Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	621000	USD
CY2016Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	632000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	82235000	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	88832000	USD
CY2015Q3	us-gaap	Sales Revenue Net SalesRevenueNet	179853000	USD
CY2016Q3	us-gaap	Sales Revenue Net SalesRevenueNet	168443000	USD
CY2015Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	35836000	USD
CY2016Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	35278000	USD
CY2015Q3	us-gaap	Share Based Compensation ShareBasedCompensation	1957000	USD
CY2016Q3	us-gaap	Share Based Compensation ShareBasedCompensation	1906000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	276163000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	280861000	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	276288000	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	280995000	USD
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29595000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30210000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28724000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28976000	shares
CY2016Q3	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassification</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in prior periods have been reclassified to conform to the current year presentation. Such reclassifications did not have a material effect on the Company's financial condition or results of operations as previously reported.</font></div></div>

Files In Submission

Name	View Source	Status
0001436126-16-000069-index-headers.html	Edgar Link	pending
0001436126-16-000069-index.html	Edgar Link	pending
0001436126-16-000069.txt	Edgar Link	pending
0001436126-16-000069-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
fy17q1exhibit101.htm	Edgar Link	pending
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mg-20160831.xml	Edgar Link	completed
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mg-20160831_def.xml	Edgar Link	unprocessable
mg-20160831_lab.xml	Edgar Link	unprocessable
mg-20160831_pre.xml	Edgar Link	unprocessable
mg201683110q.htm	Edgar Link	pending
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Mistras Group, Inc. Stock $mg

2016 Q3 Form 10-Q Financial Statement

#000143612616000069 Filed on October 07, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MG Mistras Group, Inc. Stock $mg

2016 Q3 Form 10-Q Financial Statement

#000143612616000069 Filed on October 07, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MG
Mistras Group, Inc. Stock $mg