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Consolidated Statements of Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenue $ 592,571 $ 748,586 $ 742,354
Cost of revenue 391,855 509,489 512,024
Depreciation 22,185 21,800 22,456
Gross profit 178,531 217,297 207,874
Selling, general and administrative expenses 156,937 168,621 165,702
Bad debt provision for troubled customers, net of recoveries 0 3,038 650
Impairment charges 106,062 0 0
Pension withdrawal expense 0 848 5,886
Gain on sale of subsidiary 0 0 (2,384)
Research and engineering 2,892 3,045 3,310
Depreciation and amortization 13,520 16,733 11,957
Acquisition-related expense, net 337 875 532
Income (loss) from operations (101,217) 24,137 22,221
Interest expense 12,955 13,698 7,950
Income (loss) before provision for income taxes (114,172) 10,439 14,271
Provision (benefit) for income taxes (14,706) 4,359 7,426
Net income (loss) (99,466) 6,080 6,845
Less: net income (loss) attributable to noncontrolling interests, net of taxes (5) 20 9
Net income (loss) attributable to Mistras Group, Inc. $ (99,461) $ 6,060 $ 6,836
Earnings (loss) per common share      
Basic (in dollars per share) $ (3.41) $ 0.21 $ 0.24
Diluted (in dollars per share) $ (3.41) $ 0.21 $ 0.23
Weighted average common shares outstanding:      
Basic (in shares) 29,147 28,740 28,406
Diluted (in shares) 29,147 29,046 29,427