v3.26.1
Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2026
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 June 30,Six months ended June 30,
2026202520262025
Basic earnings per share
Numerator:
Net income (loss) attributable to Mistras Group, Inc.$7,581 $3,017 $9,969 $(169)
Denominator:
Weighted average common shares outstanding31,831 31,439 31,725 31,268 
Basic earnings per share$0.24 $0.10 $0.31 $— 
Diluted earnings per share:
Numerator:
Net income (loss) attributable to Mistras Group, Inc.$7,581 $3,017 $9,969 $(169)
Denominator:
Weighted average common shares outstanding31,831 31,439 31,725 31,268 
Dilutive effect of stock options outstanding (1)
386 91 355 — 
Dilutive effect of restricted stock units outstanding (1)
707 163 742 — 
32,924 31,693 32,822 31,268 
Diluted earnings per share$0.23 $0.10 $0.30 $— 
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(1) For the three months ended June 30, 2025, 375,000 shares, related to stock options and 877,000 shares, related to restricted stock units were anti-dilutive and therefore were excluded from the calculation of diluted earnings per share. For the six months ended June 30, 2026, 6,000 shares related to RSUs were anti-dilutive and therefore were excluded from the calculation of diluted earnings per share. For the six months ended June 30, 2025, 106,000 shares, related to stock options and 867,000 shares, related to restricted stock units were excluded from the calculation of diluted earnings per share due to the net loss for the period.