10-Q Filing

THERMON GROUP HOLDINGS, INC. CIK: 1489096 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001489096-20-000185`
Period End Date	20200630
Filing Date	20200806
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	thr-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 44 Cash Flow Statement 62 Stockholders Equity 25

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.24M	USD	Point-in-time
Accounts receivable, net of allowances of $824 and $834 as of June 30, 2020 and March 31, 2020, respectively	`AccountsReceivableNetCurrent`	$72.83M	USD	Point-in-time
Accounts receivable, net of allowances of $824 and $834 as of June 30, 2020 and March 31, 2020, respectively	`AccountsReceivableNetCurrent`	$92.48M	USD	Point-in-time
Inventories, net	`InventoryNet`	$60.27M	USD	Point-in-time
Inventories, net	`InventoryNet`	$70.03M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$10.19M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$7.37M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$47.65M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.22M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.70M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$43.55M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.54M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$5.07M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$4.45M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$4.20M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$213.23M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$217.94M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$72.54M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$72.96M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Goodwill	`Goodwill`	$197.98M	USD	Point-in-time
Goodwill	`Goodwill`	$202.79M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.12M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.92M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.40M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.12M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.55M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Operating	`OperatingLeaseRightOfUseAsset`	$16.04M	USD	Point-in-time
Operating	`OperatingLeaseRightOfUseAsset`	$16.64M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.90M	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
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.92M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$7.62M	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`	$8.36M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$619.95M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$620.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.83M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.07M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$21.43M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.76M	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`	$3.67M	USD	Point-in-time
Borrowings under revolving credit facility	`LinesOfCreditCurrent`	-	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$4.54M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.41M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$3.55M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$3.78M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$51.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$55.67M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.63M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $4,204 and $4,447 as of June 30, 2020 and March 31, 2020, respectively	`SecuredLongTermDebt`	$169.05M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $4,204 and $4,447 as of June 30, 2020 and March 31, 2020, respectively	`SecuredLongTermDebt`	$168.67M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$22.55M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$22.25M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$15.57M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$14.66M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$7.93M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.96M	USD	Point-in-time
Total liabilities	`Liabilities`	$274.47M	USD	Point-in-time
Total liabilities	`Liabilities`	$269.49M	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 33,115,268 and 32,916,818 shares issued and outstanding at June 30, 2020 and March 31, 2020, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 33,115,268 and 32,916,818 shares issued and outstanding at June 30, 2020 and March 31, 2020, 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`	$227.74M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapitalCommonStock`	$228.75M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-54.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-63.89M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$176.47M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$182.56M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$620.90M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$619.95M	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$56.85M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$91.71M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$54.57M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$32.73M	USD	1 Quarter
Gross profit	`GrossProfit`	$37.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$24.12M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$27.72M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$27.84M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$4.43M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$3.03M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-6.75M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$4.99M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$25.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$51.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.77M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.58M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$233.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$732.00K	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-8.58M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.50M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$44.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-2.49M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-6.08M	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.08M	USD	1 Quarter
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.08M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$9.47M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.43M	USD	1 Quarter
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-380.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$5.91M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$3.01M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.18	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.64M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.05M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	32.99M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$1.46M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-6.08M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$6.88M	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$258.00K	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$296.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$1.13M	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`	$-654.00K	USD	1 Quarter
Net, release of reserve for uncertain tax positions	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	-	USD	1 Quarter
Net, release of reserve for uncertain tax positions	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	$447.00K	USD	1 Quarter
Loss on long-term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.80M	USD	1 Quarter
Loss on long-term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$909.00K	USD	1 Quarter
Remeasurement gain on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-1.48M	USD	1 Quarter
Remeasurement gain on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-3.15M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.25M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.31M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$4.07M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$7.91M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-2.37M	USD	1 Quarter
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.79M	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$903.00K	USD	1 Quarter
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.49M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$394.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.34M	USD	1 Quarter
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-6.89M	USD	1 Quarter
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.80M	USD	1 Quarter
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-783.00K	USD	1 Quarter
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.80M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.40M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.35M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.73M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.06M	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$126.00K	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$6.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.60M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.05M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$37.19M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$10.00M	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`	$34.29M	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$437.00K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$62.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$557.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$784.00K	USD	1 Quarter
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$27.00K	USD	1 Quarter
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$74.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.76M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.70M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.01M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$397.00K	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.02M	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`	$33.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$51.02M	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`	$33.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.01M	USD	Point-in-time
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.01M	USD	1 Quarter
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.95M	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	33.12M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$437.00K	USD	1 Quarter
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$62.00K	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.13M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.02M	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-557.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-784.00K	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-6.08M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$9.47M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$4.43M	USD	1 Quarter
Other	`StockholdersEquityOther`	$380.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-10.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	33.12M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time

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