10-K Filing

THERMON GROUP HOLDINGS, INC. CIK: 1489096 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001489096-13-000025`
Period End Date	20130331
Filing Date	20130610
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	thr-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 44 Cash Flow Statement 9 Stockholders Equity 16

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.14M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.43M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.47M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	30.21M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	31.31M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,141 and $1,434 as of March 31, 2013 and March 31, 2012, respectively	`AccountsReceivableNetCurrent`	$50.04M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,141 and $1,434 as of March 31, 2013 and March 31, 2012, respectively	`AccountsReceivableNetCurrent`	$56.12M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	31.31M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	30.21M	shares	Point-in-time
Inventories, net	`InventoryNet`	$38.45M	USD	Point-in-time
Inventories, net	`InventoryNet`	$34.39M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$2.00M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$3.52M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$5.19M	USD	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$5.29M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.85M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$2.21M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$3.66M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$151.58M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$127.66M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$31.21M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$27.66M	USD	Point-in-time
Goodwill	`Goodwill`	$118.01M	USD	Point-in-time
Goodwill	`Goodwill`	$116.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$144.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$131.92M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$7.45M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$4.37M	USD	Point-in-time
Other long term assets	`OtherAssetsNoncurrent`	$143.00K	USD	Point-in-time
Other long term assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Total assets	`Assets`	$435.52M	USD	Point-in-time
Total assets	`Assets`	$425.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.73M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.37M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$18.71M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$22.44M	USD	Point-in-time
Current portion of long term debt	`SecuredDebtCurrent`	$21.00M	USD	Point-in-time
Current portion of long term debt	`SecuredDebtCurrent`	-	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$1.63M	USD	Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts	`BillingsInExcessOfCostCurrent`	$2.45M	USD	Point-in-time
Income taxes payable	`DeferredTaxLiabilitiesCurrent`	$1.71M	USD	Point-in-time
Income taxes payable	`DeferredTaxLiabilitiesCurrent`	$1.37M	USD	Point-in-time
Obligations due to settle the CHS Transactions	`DueToRelatedPartiesCurrent`	$3.24M	USD	Point-in-time
Obligations due to settle the CHS Transactions	`DueToRelatedPartiesCurrent`	$3.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$66.52M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$45.66M	USD	Point-in-time
Long-term debt, net of current maturities	`SecuredLongTermDebt`	$118.14M	USD	Point-in-time
Long-term debt, net of current maturities	`SecuredLongTermDebt`	$118.14M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$42.60M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$46.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$3.07M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.44M	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 31,307,582 and 30,208,084 shares issued and outstanding at March 31, 2013 and March 31, 2012, respectively	`CommonStockValue`	$30.00K	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 31,307,582 and 30,208,084 shares issued and outstanding at March 31, 2013 and March 31, 2012, respectively	`CommonStockValue`	$31.00K	USD	Point-in-time
Preferred stock: $.001 par value; 10,000,000 authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $.001 par value; 10,000,000 authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$203.03M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$192.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$3.36M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-1.07M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.91M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$24.06M	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$226.05M	USD	Point-in-time
Shareholders equity	`StockholdersEquity`	$192.48M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$425.58M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$435.52M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Sales	`SalesRevenueNet`	$272.32M	USD	Annual
Sales	`SalesRevenueNet`	$69.28M	USD	1 Quarter
Sales	`SalesRevenueNet`	$68.40M	USD	1 Quarter
Sales	`SalesRevenueNet`	$69.57M	USD	1 Quarter
Sales	`SalesRevenueNet`	$76.83M	USD	1 Quarter
Sales	`SalesRevenueNet`	$13.18M	USD	Point-in-time
Sales	`SalesRevenueNet`	$65.08M	USD	1 Quarter
Sales	`SalesRevenueNet`	$71.67M	USD	1 Quarter
Sales	`SalesRevenueNet`	$227.88M	USD	Annual
Sales	`SalesRevenueNet`	$67.69M	USD	1 Quarter
Sales	`SalesRevenueNet`	$67.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.99M	USD	1 Quarter
Gross profit	`GrossProfit`	$6.62M	USD	Point-in-time
Gross profit	`GrossProfit`	$132.12M	USD	Annual
Gross profit	`GrossProfit`	$32.64M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.95M	USD	1 Quarter
Gross profit	`GrossProfit`	$34.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$33.34M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$34.95M	USD	1 Quarter
Gross profit	`GrossProfit`	$95.48M	USD	Annual
Gross profit	`GrossProfit`	$33.69M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.38M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$215.00K	USD	Point-in-time
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$11.21M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$18.03M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$14.53M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$11.86M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$15.35M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$-512.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$15.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$15.25M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$14.39M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$15.58M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.23	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.60	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.11	USD	Point-in-time

Cash Flow Statement 9 line items

Line Item	Tag	Value	Unit	Period
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.11M	USD	Annual
Cash paid for Thermon Holding Corp.	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$289.00K	USD	Annual
Cash paid for Thermon Holding Corp.	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$685.00K	USD	Annual
Cash paid for Thermon Holding Corp.	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$2.96M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-22.67M	USD	Annual
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$43.85M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.47M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$43.85M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.47M	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Common stock, shares outstanding, beginning of period	`CommonStockSharesOutstanding`	31.31M	shares	Point-in-time
Common stock, shares outstanding, beginning of period	`CommonStockSharesOutstanding`	30.21M	shares	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$226.05M	USD	Point-in-time
Balance, beginning of period	`StockholdersEquity`	$192.48M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$6.99M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.93M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.97M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$7.74M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.60M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$5.65M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$3.81M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$6.25M	USD	1 Quarter
Common stock, shares outstanding, end of period	`CommonStockSharesOutstanding`	31.31M	shares	Point-in-time
Common stock, shares outstanding, end of period	`CommonStockSharesOutstanding`	30.21M	shares	Point-in-time
Balance, end of period	`StockholdersEquity`	$226.05M	USD	Point-in-time
Balance, end of period	`StockholdersEquity`	$192.48M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.