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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2016
May 31, 2016
Current Assets    
Cash and cash equivalents $ 26,261 $ 21,188
Accounts receivable, net 141,367 137,913
Inventories 10,396 9,918
Deferred income taxes 6,174 6,216
Prepaid expenses and other current assets 16,759 12,711
Total current assets 200,957 187,946
Property, plant and equipment, net 74,580 78,676
Intangible assets, net 42,137 43,492
Goodwill 171,060 169,220
Deferred income taxes 952 1,000
Other assets 2,480 2,341
Total assets 492,166 482,675
Current Liabilities    
Accounts payable 8,112 10,796
Accrued expenses and other current liabilities 64,257 62,983
Current portion of long-term debt 2,028 12,553
Current portion of capital lease obligations 6,689 7,835
Income taxes payable 3,814 2,710
Total current liabilities 84,900 96,877
Long-term debt, net of current portion 91,332 72,456
Obligations under capital leases, net of current portion 10,340 11,932
Deferred income taxes 19,670 18,328
Other long-term liabilities 7,679 6,794
Total liabilities 213,921 206,387
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized 292 290
Additional paid-in capital 215,956 213,737
Treasury stock, at cost (7,000) 0
Retained earnings 96,102 82,235
Accumulated other comprehensive loss (27,262) (20,099)
Total Mistras Group, Inc. stockholders’ equity 278,088 276,163
Noncontrolling interests 157 125
Total equity 278,245 276,288
Total liabilities and equity $ 492,166 $ 482,675