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Selected Quarterly Financial Information (unaudited)
12 Months Ended
May 31, 2013
Selected Quarterly Financial Information (unaudited)  
Selected Quarterly Financial Information (unaudited)

20. Selected Quarterly Financial Information (unaudited)

 

The following is a summary of the quarterly results of operations for the years ended May 31, 2013 and 2012:

 

Fiscal quarter ended 

 

May 31,
2013

 

February 28,
2013

 

November 30,
2012

 

August 31,
2012

 

May 31,
2012

 

February 29,
2012

 

November 30,
2011

 

August 31,
2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

144,505

 

$

133,661

 

$

137,729

 

$

113,387

 

$

127,090

 

$

104,118

 

$

114,220

 

$

91,447

 

Cost of revenues

 

101,254

 

94,736

 

91,529

 

75,526

 

85,252

 

70,574

 

75,263

 

60,527

 

Depreciation

 

4,708

 

4,719

 

4,295

 

4,144

 

4,367

 

3,960

 

3,742

 

3,500

 

Gross profit

 

38,543

 

34,206

 

41,905

 

33,717

 

37,471

 

29,584

 

35,215

 

27,420

 

Selling, general and administrative expenses

 

27,729

 

27,209

 

23,362

 

23,492

 

23,533

 

20,806

 

19,378

 

19,381

 

Research and engineering

 

646

 

754

 

530

 

517

 

290

 

578

 

602

 

589

 

Depreciation and amortization

 

2,246

 

2,473

 

2,167

 

1,895

 

1,668

 

1,805

 

1,503

 

1,479

 

Acquisition-related expense, net

 

(1,135

)

(1,212

)

99

 

107

 

971

 

973

 

36

 

 

Goodwill impairment

 

9,938

 

 

 

 

 

 

 

 

Income (loss) from operations

 

(881

)

4,982

 

15,747

 

7,706

 

11,009

 

5,422

 

13,696

 

5,971

 

Net income (loss) attributable to Mistras Group, Inc.

 

$

(4,549

)

$

2,751

 

$

9,163

 

$

4,281

 

$

7,132

 

$

3,037

 

$

7,956

 

$

3,228

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

(0.16

)

0.10

 

0.33

 

0.15

 

0.25

 

0.11

 

0.29

 

0.12

 

Diluted

 

(0.16

)

0.11

 

0.32

 

0.15

 

0.25

 

0.11

 

0.28

 

0.11