10-Q Filing

THERMON GROUP HOLDINGS, INC. CIK: 1489096 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001489096-19-000245`
Period End Date	20190930
Filing Date	20191105
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	tgh9302019-10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 94 Cash Flow Statement 74 Stockholders Equity 48

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$28.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.40M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $968 and $987 as of September 30, 2019 and March 31, 2019, respectively	`AccountsReceivableNetCurrent`	$98.08M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $968 and $987 as of September 30, 2019 and March 31, 2019, respectively	`AccountsReceivableNetCurrent`	$105.32M	USD	Point-in-time
Inventories, net	`InventoryNet`	$65.78M	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`	$15.82M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$43.10M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$38.41M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.67M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.32M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$5.24M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$5.43M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.39M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$6.27M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$234.60M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$74.58M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$74.95M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.74M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.62M	shares	Point-in-time
Goodwill	`Goodwill`	$205.51M	USD	Point-in-time
Goodwill	`Goodwill`	$205.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$126.60M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.74M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.62M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$118.14M	USD	Point-in-time
Operating	`OperatingLeaseRightOfUseAsset`	$14.17M	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
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$2.97M	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
Other long term assets	`OtherAssetsNoncurrent`	$5.72M	USD	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`	$5.61M	USD	Point-in-time
Total assets	`Assets`	$655.76M	USD	Point-in-time
Total assets	`Assets`	$655.69M	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
Treasury Stock, Shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	0.00	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$22.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$24.65M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$22.25M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.85M	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`	$9.44M	USD	Point-in-time
Borrowings under revolving credit facility	`LinesOfCreditCurrent`	$11.22M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$5.41M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$6.81M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$2.67M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$235.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.78M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$68.70M	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 $5,432 and $6,271 as of September 30, 2019 and March 31, 2019, respectively	`SecuredLongTermDebt`	$197.73M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $5,432 and $6,271 as of September 30, 2019 and March 31, 2019, respectively	`SecuredLongTermDebt`	$187.32M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$28.14M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$24.69M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$13.05M	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`	$7.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$306.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$301.38M	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 32,742,439 and 32,624,200 shares issued and outstanding at September 30, 2019 and March 31, 2019, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 32,742,439 and 32,624,200 shares issued and outstanding at September 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`	$223.04M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$224.26M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-48.99M	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`	$179.00M	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`	$354.31M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	-	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$4.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.65M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$337.14M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$655.69M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$655.76M	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$194.65M	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$179.06M	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$102.94M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$90.15M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$57.50M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$112.07M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$98.97M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$49.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$80.09M	USD	2 Qtrs
Gross profit	`GrossProfit`	$40.36M	USD	1 Quarter
Gross profit	`GrossProfit`	$45.43M	USD	1 Quarter
Gross profit	`GrossProfit`	$82.57M	USD	2 Qtrs
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$51.90M	USD	2 Qtrs
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$28.13M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$55.85M	USD	2 Qtrs
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$26.19M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$11.27M	USD	2 Qtrs
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$5.50M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$8.89M	USD	2 Qtrs
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$4.46M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$8.67M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$17.83M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$16.91M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$12.84M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$65.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$123.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$48.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$116.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.72M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.59M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.98M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.95M	USD	1 Quarter
Other income/(expenses)	`OtherNonoperatingIncomeExpense`	$228.00K	USD	2 Qtrs
Other income/(expenses)	`OtherNonoperatingIncomeExpense`	$-172.00K	USD	1 Quarter
Other income/(expenses)	`OtherNonoperatingIncomeExpense`	$61.00K	USD	2 Qtrs
Other income/(expenses)	`OtherNonoperatingIncomeExpense`	$346.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$5.08M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.68M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.29M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.78M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.86M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.91M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.76M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.97M	USD	2 Qtrs
Net income	`ProfitLoss`	$3.33M	USD	1 Quarter
Net income	`ProfitLoss`	$8.38M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.92M	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$98.00K	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	2 Qtrs
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$336.00K	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$434.00K	USD	2 Qtrs
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$9.00K	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.38M	USD	2 Qtrs
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.23M	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.27M	USD	2 Qtrs
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.91M	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`	$8.38M	USD	2 Qtrs
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.23M	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.27M	USD	2 Qtrs
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.91M	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
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-378.00K	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-5.06M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.21M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.81M	USD	1 Quarter
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$337.00K	USD	2 Qtrs
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$337.00K	USD	1 Quarter
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.21M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.43M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.44M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.73M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.57M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.54M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.68M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.97M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.11M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$3.33M	USD	1 Quarter
Net income	`ProfitLoss`	$8.38M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.70M	USD	2 Qtrs
Net income	`ProfitLoss`	$6.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.83M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.96M	USD	2 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$870.00K	USD	2 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$734.00K	USD	2 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	-	USD	2 Qtrs
Amortization of inventory step-up	`AmortizationofInventoryStepup`	$172.00K	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$2.09M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$2.34M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.34M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.01M	USD	2 Qtrs
Release of reserve for uncertain tax positions	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	$462.00K	USD	2 Qtrs
Release of reserve for uncertain tax positions	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	-	USD	2 Qtrs
Long term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$798.00K	USD	2 Qtrs
Long term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-634.00K	USD	2 Qtrs
Remeasurement loss/(gain) on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-147.00K	USD	2 Qtrs
Remeasurement loss/(gain) on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$1.80M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.46M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.31M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$958.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.86M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$-6.30M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInBillingInExcessOfCostOfEarnings`	$9.05M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.43M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.93M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.05M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$252.00K	USD	2 Qtrs
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.54M	USD	2 Qtrs
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.92M	USD	2 Qtrs
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-833.00K	USD	2 Qtrs
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-4.27M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.12M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$30.05M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.84M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.12M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.70M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.84M	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$145.00K	USD	2 Qtrs
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$522.00K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsfromSaleofPropertyPlantandEquipmentExcludingRentalEquipment`	$23.00K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsfromSaleofPropertyPlantandEquipmentExcludingRentalEquipment`	-	USD	2 Qtrs
Proceeds from the sale of investments	`PaymentsForProceedsFromInvestments`	$-958.00K	USD	2 Qtrs
Proceeds from the sale of investments	`PaymentsForProceedsFromInvestments`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.69M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.20M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$10.00M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$22.01M	USD	2 Qtrs
Payments on long term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$23.13M	USD	2 Qtrs
Payments on long term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$17.79M	USD	2 Qtrs
Purchase of shares from non-controlling interests	`PaymentsOfDebtIssuanceCosts`	$4.51M	USD	2 Qtrs
Purchase of shares from non-controlling interests	`PaymentsOfDebtIssuanceCosts`	$5.67M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$62.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$233.00K	USD	2 Qtrs
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$559.00K	USD	2 Qtrs
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$879.00K	USD	2 Qtrs
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$79.00K	USD	2 Qtrs
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$122.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.89M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.54M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.46M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-121.00K	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.89M	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`	$41.54M	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`	$30.89M	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`	$41.54M	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`	$7.70M	USD	2 Qtrs
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.44M	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.74M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.62M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.65M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$337.14M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$153.00K	USD	1 Quarter
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`	$1.08M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.32M	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`	$-161.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-398.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-95.00K	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.38M	USD	2 Qtrs
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.23M	USD	1 Quarter
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.27M	USD	2 Qtrs
Net income available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.91M	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
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$4.43M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$-4.81M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$-8.26M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$1.75M	USD	1 Quarter
Purchase of shares from non-controlling interests	`MinorityInterestDecreaseFromRedemptions`	$4.51M	USD	1 Quarter
Purchase of shares from non-controlling interests	`MinorityInterestDecreaseFromRedemptions`	$5.67M	USD	1 Quarter
Remeasurement of non-controlling interest	`NoncontrollingInterestRemeasurementPeriodIncreaseDecrease`	-	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`	$98.00K	USD	1 Quarter
Income attributable to non-controlling interests (loss)	`IncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	2 Qtrs
Income attributable to non-controlling interests (loss)	`IncomeLossAttributableToNoncontrollingInterest`	$336.00K	USD	1 Quarter
Income attributable to non-controlling interests (loss)	`IncomeLossAttributableToNoncontrollingInterest`	$434.00K	USD	2 Qtrs
Income attributable to non-controlling interests (loss)	`IncomeLossAttributableToNoncontrollingInterest`	$9.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-337.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.74M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.62M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.65M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$337.14M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$340.85M	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.