Earnings (loss) per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Computations of Basic and Diluted Earnings per Share

The following table sets forth the computations of basic and diluted earnings per share:

	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Basic earnings (loss) per share:
Numerator:
Net income (loss) attributable to Mistras Group, Inc.	$	1,523	$	3,093	$	(99,642)	$	5,231
Denominator:
Weighted-average common shares outstanding	29,177		28,800		29,086		28,678
Basic earnings (loss) per share	$	0.05	$	0.11	$	(3.43)	$	0.18
Diluted earnings (loss) per share:
Numerator:
Net income (loss) attributable to Mistras Group, Inc.	$	1,523	$	3,093	$	(99,642)	$	5,231
Denominator:
Weighted-average common shares outstanding	29,177		28,800		29,086		28,678
Dilutive effect of stock options outstanding	—		129		—		147
Dilutive effect of restricted stock units outstanding(1)	134		227		—		197
	29,311		29,156		29,086		29,022
Diluted earnings (loss) per share	$	0.05	$	0.11	$	(3.43)	$	0.18

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(1) For the nine months ended September 30, 2020, 213 thousand shares related to restricted stock were excluded from the calculation of diluted EPS due to the net loss for the period.