Mayville Engineering Company Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
MEC$14.11+7.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Shareholders’ Equity
| | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Shareholders' Equity | ||||||||||||
| · · Additional · · Treasury · · Retained · · | ||||||||||||
| · Paid-in-Capital · Shares · Earnings · Total | ||||||||||||
| Balance as of December 31, 2023 | | $205,373 | | $(9,513) | | $34,118 | | $229,978 | ||||
| Net income | | | — | | | — | | | 3,241 | | | 3,241 |
| Stock-based compensation | | | 1,157 | | | — | | | — | | | 1,157 |
| Stock options exercised net of employee tax withholding | | | 185 | | | — | | | — | | | 185 |
| Restricted stock units net of employee tax withholding | | (524) | | | — | | | — | | (524) | ||
| Balance as of March 31, 2024 | | $206,191 | | $(9,513) | | $37,359 | | $234,037 | ||||
| Net income | | — | | — | | 3,782 | | 3,782 | ||||
| Purchase of treasury stock | | | — | | | (998) | | | — | | | (998) |
| Stock-based compensation | | 1,338 | | — | | — | | 1,338 | ||||
| Stock options exercised net of employee tax withholding | | | (75) | | | — | | | — | | | (75) |
| Balance as of June 30, 2024 | | $207,454 | | $(10,511) | | $41,141 | | $238,084 | ||||
| Net income | | — | | — | | 2,974 | | 2,974 | ||||
| Purchase of treasury stock | | — | | (998) | | — | | (998) | ||||
| Stock-based compensation | | 1,352 | | — | | — | | 1,352 | ||||
| Stock options exercised net of employee tax withholding | | | (2,771) | | | — | | | — | | | (2,771) |
| Restricted stock units net of employee tax withholding | | | (285) | | | — | | | — | | | (285) |
| Balance as of September 30, 2024 | | $205,750 | | $(11,509) | | $44,115 | | $238,356 | ||||
| | | | | | | | | | | | | |
| | | Shareholders' Equity | ||||||||||
| | | Additional | | Treasury | | Retained | | | ||||
| | Paid-in-Capital | Shares | Earnings | Total | ||||||||
| Balance as of December 31, 2022 | | $200,945 | | $(9,352) | | $26,274 | | $217,867 | ||||
| Net income | | | — | | | — | | | 2,571 | | | 2,571 |
| 401(k) plan contribution | | | — | | | 2,500 | | | — | | 2,500 | |
| Purchase of treasury stock | | | — | | | (661) | | | — | | | (661) |
| Stock-based compensation | | 1,066 | | | — | | | — | | 1,066 | ||
| Balance as of March 31, 2023 | | $202,011 | | $(7,513) | | $28,845 | | $223,343 | ||||
| Net income | | — | | — | | 1,614 | | 1,614 | ||||
| Purchase of treasury stock | | | — | | | (1,000) | | | — | | | (1,000) |
| Stock-based compensation | | | 1,354 | | | — | | | — | | | 1,354 |
| Stock options exercised net of employee tax withholding | | 58 | | — | | — | | 58 | ||||
| Balance as of June 30, 2023 | | $203,423 | | $(8,513) | | $30,459 | | $225,369 | ||||
| Net income | | — | | — | | 1,432 | | 1,432 | ||||
| Purchase of treasury stock | | | — | | (1,000) | | — | | | (1,000) | ||
| Stock-based compensation | | | 1,336 | | — | | — | | | 1,336 | ||
| Restricted stock units net of employee tax withholding | | | (115) | | — | | — | | | (115) | ||
| Stock options exercised | | 20 | | — | | — | | 20 | ||||
| Balance as of September 30, 2023 | | $204,664 | | $(9,513) | | $31,891 | | $227,042 | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.