10-Q Filing

THERMON GROUP HOLDINGS, INC. CIK: 1489096 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001489096-19-000206`
Period End Date	20190630
Filing Date	20190808
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	tgh6302019-10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 42 Cash Flow Statement 68 Stockholders Equity 25

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.27M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,210 and $987 as of June 30, 2019 and March 31, 2019, respectively	`AccountsReceivableNetCurrent`	$98.54M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $1,210 and $987 as of June 30, 2019 and March 31, 2019, respectively	`AccountsReceivableNetCurrent`	$105.32M	USD	Point-in-time
Inventories, net	`InventoryNet`	$69.69M	USD	Point-in-time
Inventories, net	`InventoryNet`	$64.89M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$26.45M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear`	$23.65M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$40.78M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.32M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$38.41M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.51M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$6.27M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.39M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.95M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$5.99M	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
Total current assets	`AssetsCurrent`	$239.78M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$240.61M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$74.95M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$74.95M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Goodwill	`Goodwill`	$207.66M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.62M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.71M	shares	Point-in-time
Goodwill	`Goodwill`	$205.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.71M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.62M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$123.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$126.60M	USD	Point-in-time
Operating	`OperatingLeaseRightOfUseAsset`	-	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
Operating	`OperatingLeaseRightOfUseAsset`	$14.44M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$3.88M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$3.83M	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
Other long term assets	`OtherAssetsNoncurrent`	$5.74M	USD	Point-in-time
Other long term assets	`OtherAssetsNoncurrent`	$5.61M	USD	Point-in-time
Total assets	`Assets`	$655.76M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$671.23M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.85M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$19.38M	USD	Point-in-time
Current portion of long term debt	`SecuredDebtCurrent`	$2.50M	USD	Point-in-time
Current portion of long term debt	`SecuredDebtCurrent`	$2.50M	USD	Point-in-time
Borrowings under revolving credit facility	`LinesOfCreditCurrent`	$14.55M	USD	Point-in-time
Borrowings under revolving credit facility	`LinesOfCreditCurrent`	$11.22M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$6.34M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$6.81M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$2.32M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$235.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.40M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$69.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$73.29M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $5,991 and $6,271 as of June 30, 2019 and March 31, 2019, respectively	`SecuredLongTermDebt`	$197.38M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $5,991 and $6,271 as of June 30, 2019 and March 31, 2019, respectively	`SecuredLongTermDebt`	$197.73M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$28.14M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$27.45M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$13.83M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$386.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.27M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.49M	USD	Point-in-time
Total liabilities	`Liabilities`	$306.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$316.08M	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 32,705,031 and 32,624,200 shares issued and outstanding at June 30, 2019 and March 31, 2019, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 32,705,031 and 32,624,200 shares issued and outstanding at June 30, 2019 and March 31, 2019, respectively	`CommonStockValue`	$33.00K	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`	$223.02M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$223.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-44.51M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-48.95M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$170.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$172.09M	USD	Point-in-time
Total Thermon Group Holdings, Inc. shareholders' equity	`StockholdersEquity`	$344.75M	USD	Point-in-time
Total Thermon Group Holdings, Inc. shareholders' equity	`StockholdersEquity`	$350.63M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$4.20M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$4.51M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.65M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$671.23M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$655.76M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$88.90M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$91.71M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$54.57M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$49.17M	USD	1 Quarter
Gross profit	`GrossProfit`	$37.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$39.73M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$25.71M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$27.72M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$4.43M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$5.78M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$8.24M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.99M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$75.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$51.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.77M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.60M	USD	1 Quarter
Other income/(expenses)	`OtherNonoperatingIncomeExpense`	$-118.00K	USD	1 Quarter
Other income/(expenses)	`OtherNonoperatingIncomeExpense`	$233.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.59M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.50M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.22M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$44.00K	USD	1 Quarter
Net income	`ProfitLoss`	$3.38M	USD	1 Quarter
Net income	`ProfitLoss`	$1.46M	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$336.00K	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.04M	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.04M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.43M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.26M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-5.22M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$5.91M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.94M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.05M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.38M	USD	1 Quarter
Net income	`ProfitLoss`	$1.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.88M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.06M	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$318.00K	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$296.00K	USD	1 Quarter
Amortization of inventory step-up	`AmortizationofInventoryStepup`	-	USD	1 Quarter
Amortization of inventory step-up	`AmortizationofInventoryStepup`	$173.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.00M	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.02M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.09M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$534.00K	USD	1 Quarter
Release of reserve for uncertain tax positions	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	-	USD	1 Quarter
Release of reserve for uncertain tax positions	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	$447.00K	USD	1 Quarter
Long term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$909.00K	USD	1 Quarter
Long term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-2.37M	USD	1 Quarter
Remeasurement loss/(gain) on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$2.34M	USD	1 Quarter
Remeasurement loss/(gain) on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-1.48M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.31M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.21M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.03M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.07M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-6.83M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$2.37M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.49M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.12M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$394.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.67M	USD	1 Quarter
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-6.89M	USD	1 Quarter
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-7.08M	USD	1 Quarter
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-783.00K	USD	1 Quarter
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.49M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.24M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$3.40M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.87M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.73M	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$81.00K	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$126.00K	USD	1 Quarter
Proceeds from the sale of investments	`PaymentsForProceedsFromInvestments`	-	USD	1 Quarter
Proceeds from the sale of investments	`PaymentsForProceedsFromInvestments`	$-819.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.97M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.60M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$10.00M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$9.55M	USD	1 Quarter
Payments on long term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$7.49M	USD	1 Quarter
Payments on long term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$4.62M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$81.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$62.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$398.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$784.00K	USD	1 Quarter
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$62.00K	USD	1 Quarter
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$27.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.54M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.76M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$397.00K	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.12M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.55M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.84M	USD	Point-in-time
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.95M	USD	1 Quarter
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.78M	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.71M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.62M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.65M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$62.00K	USD	1 Quarter
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$82.00K	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.02M	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-784.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-398.00K	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.04M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.43M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.26M	USD	1 Quarter
Remeasurement of non-controlling interest	`NoncontrollingInterestRemeasurementPeriodIncreaseDecrease`	-	USD	1 Quarter
Income attributable to non-controlling interests (loss)	`IncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	1 Quarter
Income attributable to non-controlling interests (loss)	`IncomeLossAttributableToNoncontrollingInterest`	$336.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.71M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.62M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.65M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time

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