$MG
Mistras Group, Inc. Stock $mg

$mg Overview Financials Valuation SEC Filings Company Website

2017 Q1 Form 10-Q Financial Statement

#000143612617000034 Filed on May 09, 2017

Income Statement

Concept	2017 Q1	2016 Q1
Revenue	$163.3M	$167.5M
YoY Change	-2.47%	2.67%
Cost Of Revenue	$115.0M	$112.4M
YoY Change	2.35%	-5.86%
Gross Profit	$43.15M	$43.97M
YoY Change	-1.86%	13.52%
Gross Profit Margin	26.42%	26.26%
Selling, General & Admin	$37.30M	$35.05M
YoY Change	6.42%	7.01%
% of Gross Profit	86.44%	79.72%
Research & Development	$643.0K	$662.0K
YoY Change	-2.87%	2.8%
% of Gross Profit	1.49%	1.51%
Depreciation & Amortization	$7.665M	$8.017M
YoY Change	-4.39%	-1.2%
% of Gross Profit	17.76%	18.23%
Operating Expenses	$37.95M	$35.72M
YoY Change	6.24%	6.92%
Operating Profit	$3.250M	$5.646M
YoY Change	-42.44%	45.89%
Interest Expense	-$1.000M	-$1.100M
YoY Change	-9.09%	-8.33%
% of Operating Profit	-30.77%	-19.48%
Other Income/Expense, Net
YoY Change
Pretax Income	$2.232M	$4.546M
YoY Change	-50.9%	67.81%
Income Tax	$534.0K	$1.088M
% Of Pretax Income	23.92%	23.93%
Net Earnings	$1.692M	$3.447M
YoY Change	-50.91%	89.71%
Net Earnings / Revenue	1.04%	2.06%
Basic Earnings Per Share
Diluted Earnings Per Share	$56.86K	$120.4K
COMMON SHARES
Basic Shares Outstanding	28.69M shares	28.92M shares
Diluted Shares Outstanding	29.91M shares	29.98M shares

Balance Sheet

Concept	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$27.60M	$18.10M
YoY Change	52.49%	35.07%
Cash & Equivalents	$27.59M	$15.63M
Short-Term Investments
Other Short-Term Assets	$14.80M	$18.00M
YoY Change	-17.78%	-10.89%
Inventory	$10.59M	$9.880M
Prepaid Expenses
Receivables	$124.2M	$128.6M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$177.2M	$174.6M
YoY Change	1.49%	1.84%
LONG-TERM ASSETS
Property, Plant & Equipment	$72.90M	$75.67M
YoY Change	-3.66%	-5.57%
Goodwill	$173.9M	$166.7M
YoY Change	4.31%	0.11%
Intangibles	$41.23M	$44.33M
YoY Change	-7.0%	-21.04%
Long-Term Investments
YoY Change
Other Assets	$2.628M	$1.857M
YoY Change	41.52%	-1.75%
Total Long-Term Assets	$292.6M	$289.4M
YoY Change	1.1%	-5.4%
TOTAL ASSETS
Total Short-Term Assets	$177.2M	$174.6M
Total Long-Term Assets	$292.6M	$289.4M
Total Assets	$469.7M	$464.0M
YoY Change	1.24%	-2.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$9.345M	$10.24M
YoY Change	-8.74%	14.41%
Accrued Expenses	$45.90M	$47.40M
YoY Change	-3.16%	16.18%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.766M	$12.49M
YoY Change	-85.86%	-26.13%
Total Short-Term Liabilities	$74.76M	$84.90M
YoY Change	-11.94%	5.04%
LONG-TERM LIABILITIES
Long-Term Debt	$96.04M	$74.88M
YoY Change	28.26%	-31.51%
Other Long-Term Liabilities	$8.180M	$7.482M
YoY Change	9.33%	-35.97%
Total Long-Term Liabilities	$104.2M	$82.36M
YoY Change	26.54%	-31.94%
TOTAL LIABILITIES
Total Short-Term Liabilities	$74.76M	$84.90M
Total Long-Term Liabilities	$104.2M	$82.36M
Total Liabilities	$199.9M	$197.1M
YoY Change	1.42%	-16.23%
SHAREHOLDERS EQUITY
Retained Earnings	$93.50M	$79.46M
YoY Change	17.66%	43.41%
Common Stock	$293.0K	$290.0K
YoY Change	1.03%	1.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$15.00M
YoY Change
Treasury Stock Shares	676.5K shares
Shareholders Equity	$269.7M	$266.8M
YoY Change
Total Liabilities & Shareholders Equity	$469.7M	$464.0M
YoY Change	1.24%	-2.8%

Cashflow Statement

Concept	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	$1.692M	$3.447M
YoY Change	-50.91%	89.71%
Depreciation, Depletion And Amortization	$7.665M	$8.017M
YoY Change	-4.39%	-1.2%
Cash From Operating Activities	$13.41M	$29.11M
YoY Change	-53.93%	-6.6%
INVESTING ACTIVITIES
Capital Expenditures	$3.416M	$3.735M
YoY Change	-8.54%	-192.45%
Acquisitions	$4.500M	$0.00
YoY Change
Other Investing Activities	-$4.350M	$740.0K
YoY Change	-687.84%	-136.45%
Cash From Investing Activities	-$8.137M	-$4.109M
YoY Change	98.03%	-32.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$6.000M	$0.00
YoY Change
Debt Paid & Issued, Net	$663.0K	$1.105M
YoY Change	-40.0%
Cash From Financing Activities	$2.853M	-$18.89M
YoY Change	-115.1%	-40.88%
NET CHANGE
Cash From Operating Activities	$13.41M	$29.11M
Cash From Investing Activities	-$8.137M	-$4.109M
Cash From Financing Activities	$2.853M	-$18.89M
Net Change In Cash	$8.129M	$6.116M
YoY Change	32.91%	-189.28%
FREE CASH FLOW
Cash From Operating Activities	$13.41M	$29.11M
Capital Expenditures	$3.416M	$3.735M
Free Cash Flow	$9.997M	$25.38M
YoY Change	-60.61%	-27.92%

Facts In Submission

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CY2017Q1	us-gaap	Minority Interest MinorityInterest	168000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-18888000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2853000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4109000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8137000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	29113000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13413000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	3447000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	1692000	USD
CY2016Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	11000	USD
CY2017Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	6000	USD
CY2017Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	5646000	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	3250000	USD
CY2016Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	17015000	USD
CY2017Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	16536000	USD
CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2593000	USD
CY2017Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2628000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	2387000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	1450000	USD
CY2016Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	7789000	USD
CY2017Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	8180000	USD
CY2016Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	200000	USD
CY2017Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	147000	USD
CY2016Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6000000	USD
CY2016Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	33000	USD
CY2017Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	41000	USD
CY2016Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	USD
CY2017Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	4500000	USD
CY2016Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3735000	USD
CY2017Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3416000	USD
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	16399000	USD
CY2017Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	14772000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	225000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	917000	USD
CY2016Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	5400000	USD
CY2017Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	20900000	USD
CY2016Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	48000	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	155000	USD
CY2016Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	191000	USD
CY2017Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	234000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	3458000	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	1698000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	199972000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	205007000	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	73149000	USD
CY2017Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	72898000	USD
CY2016Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2017Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1200000	USD
CY2016Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	130852000	USD
CY2017Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	124221000	USD
CY2016Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	20200000	USD
CY2017Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	10800000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	1894000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	1643000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	663000	USD
CY2016Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	662000	USD
CY2017Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	643000	USD
CY2016Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1105000	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	91803000	USD
CY2017Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	93496000	USD
CY2016Q1	us-gaap	Sales Revenue Net SalesRevenueNet	167455000	USD
CY2017Q1	us-gaap	Sales Revenue Net SalesRevenueNet	163318000	USD
CY2016Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	35053000	USD
CY2017Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	37302000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1729000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1724000	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	270582000	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	269691000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	270744000	USD
CY2017Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	269859000	USD
CY2016Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	420258	shares
CY2017Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	676512	shares
CY2016Q4	us-gaap	Treasury Stock Value TreasuryStockValue	9000000	USD
CY2017Q1	us-gaap	Treasury Stock Value TreasuryStockValue	15000000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29980000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29905000	shares
CY2016Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28915000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28687000	shares
CY2017Q1	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
0001436126-17-000034-index-headers.html	Edgar Link	pending
0001436126-17-000034-index.html	Edgar Link	pending
0001436126-17-000034.txt	Edgar Link	pending
0001436126-17-000034-xbrl.zip	Edgar Link	pending
a33117q1exhibit311.htm	Edgar Link	pending
a33117q1exhibit312.htm	Edgar Link	pending
a33117q1exhibit321.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mg-20170331.xml	Edgar Link	completed
mg-20170331.xsd	Edgar Link	pending
mg-20170331_cal.xml	Edgar Link	unprocessable
mg-20170331_def.xml	Edgar Link	unprocessable
mg-20170331_lab.xml	Edgar Link	unprocessable
mg-20170331_pre.xml	Edgar Link	unprocessable
mg201733110q.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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Mistras Group, Inc. Stock $mg

2017 Q1 Form 10-Q Financial Statement

#000143612617000034 Filed on May 09, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MG Mistras Group, Inc. Stock $mg

2017 Q1 Form 10-Q Financial Statement

#000143612617000034 Filed on May 09, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MG
Mistras Group, Inc. Stock $mg