10-Q Filing

THERMON GROUP HOLDINGS, INC. CIK: 1489096 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001489096-20-000214`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	thr-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 93 Cash Flow Statement 68 Stockholders Equity 46

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$51.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.01M	USD	Point-in-time
Accounts receivable, net of allowances of $1,003 and $834 as of September 30, 2020 and March 31, 2020, respectively	`AccountsReceivableNetCurrent`	$66.10M	USD	Point-in-time
Accounts receivable, net of allowances of $1,003 and $834 as of September 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`	$71.32M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$11.98M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$10.19M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$43.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.44M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.22M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$47.65M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$3.96M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.54M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$7.37M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$4.45M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$219.57M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$217.94M	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
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$72.54M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$72.69M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	32.92M	shares	Point-in-time
Goodwill	`Goodwill`	$206.07M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.17M	shares	Point-in-time
Goodwill	`Goodwill`	$197.98M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.17M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.17M	shares	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.55M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Operating	`OperatingLeaseRightOfUseAsset`	$15.05M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Operating	`OperatingLeaseRightOfUseAsset`	$16.64M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.90M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$2.94M	USD	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
Other long-term assets	`OtherAssetsNoncurrent`	$6.58M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total assets	`Assets`	$620.90M	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 assets	`Assets`	$627.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.16M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.07M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$21.27M	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
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.11M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$4.54M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$3.95M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$3.55M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$219.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$56.20M	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 $3,962 and $4,447 as of September 30, 2020 and March 31, 2020, respectively	`SecuredLongTermDebt`	$168.29M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $3,962 and $4,447 as of September 30, 2020 and March 31, 2020, respectively	`SecuredLongTermDebt`	$169.05M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$22.25M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$21.62M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$15.57M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$14.07M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$6.96M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$8.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$268.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$274.47M	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 33,169,798 and 32,916,818 shares issued and outstanding at September 30, 2020 and March 31, 2020, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 33,169,798 and 32,916,818 shares issued and outstanding at September 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`	$230.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-49.74M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-63.89M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$178.31M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$182.56M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$620.90M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$627.08M	USD	Point-in-time

Income Statement 93 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$66.41M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$102.94M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$194.65M	USD	2 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$123.25M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$57.50M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$112.07M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$70.20M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$37.48M	USD	1 Quarter
Gross profit	`GrossProfit`	$82.57M	USD	2 Qtrs
Gross profit	`GrossProfit`	$28.93M	USD	1 Quarter
Gross profit	`GrossProfit`	$53.05M	USD	2 Qtrs
Gross profit	`GrossProfit`	$45.43M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$23.79M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$51.63M	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
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$4.46M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$8.89M	USD	2 Qtrs
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$5.13M	USD	2 Qtrs
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$2.10M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-3.71M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$3.05M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$12.84M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$17.83M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$17.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$65.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$42.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$116.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.43M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.95M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.72M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.01M	USD	2 Qtrs
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$61.00K	USD	2 Qtrs
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$582.00K	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$1.31M	USD	2 Qtrs
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$-172.00K	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.78M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-7.37M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.21M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$10.29M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.86M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-626.00K	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-3.12M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.91M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-4.25M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$8.38M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$6.92M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.84M	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$10.00K	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-9.00K	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	2 Qtrs
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.38M	USD	2 Qtrs
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.47M	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`	$6.91M	USD	1 Quarter
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.25M	USD	2 Qtrs
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.84M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.38M	USD	2 Qtrs
Net 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`	$6.91M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.25M	USD	2 Qtrs
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.84M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-4.81M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$14.73M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$5.25M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-378.00K	USD	2 Qtrs
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$337.00K	USD	1 Quarter
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-579.00K	USD	2 Qtrs
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$337.00K	USD	2 Qtrs
Other	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-199.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$8.34M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.90M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.89M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.26	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.73M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.16M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.08M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.68M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.08M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.42M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.24M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.11M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-4.25M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$8.38M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$6.92M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.96M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$10.64M	USD	2 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$515.00K	USD	2 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$870.00K	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$2.49M	USD	2 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$2.34M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-462.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.14M	USD	2 Qtrs
Release of reserve for uncertain tax positions, net	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	$2.34M	USD	2 Qtrs
Release of reserve for uncertain tax positions, net	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	-	USD	2 Qtrs
Loss on long-term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.49M	USD	2 Qtrs
Loss on long-term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$798.00K	USD	2 Qtrs
Remeasurement gain on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-147.00K	USD	2 Qtrs
Remeasurement gain on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-4.54M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-29.77M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.31M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$9.43M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$958.00K	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$3.17M	USD	2 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-9.05M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.43M	USD	2 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.59M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-17.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.05M	USD	2 Qtrs
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.54M	USD	2 Qtrs
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.23M	USD	2 Qtrs
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-833.00K	USD	2 Qtrs
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.94M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.60M	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`	$2.07M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.13M	USD	2 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.12M	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$37.00K	USD	2 Qtrs
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$145.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.69M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.09M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$37.19M	USD	2 Qtrs
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$10.00M	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`	$38.71M	USD	2 Qtrs
Purchase of shares from non-controlling interests	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Purchase of shares from non-controlling interests	`PaymentsOfDebtIssuanceCosts`	$4.51M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$452.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$62.00K	USD	2 Qtrs
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$879.00K	USD	2 Qtrs
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$686.00K	USD	2 Qtrs
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$79.00K	USD	2 Qtrs
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$139.00K	USD	2 Qtrs
Net used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-18.54M	USD	2 Qtrs
Net used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.90M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.30M	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`	$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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.92M	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
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$46.01M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.92M	USD	Point-in-time
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.92M	USD	2 Qtrs
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$7.70M	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	33.17M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.60M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	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
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.00K	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.02M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.32M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.36M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.13M	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-95.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-557.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-129.00K	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`	$8.38M	USD	2 Qtrs
Net 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`	$6.91M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.25M	USD	2 Qtrs
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.84M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$-4.81M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$5.25M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$9.47M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxIncludingAdjustmentsPortionAttributableToParent`	$4.43M	USD	1 Quarter
Purchase of shares from non-controlling interests	`MinorityInterestDecreaseFromRedemptions`	$4.51M	USD	1 Quarter
Other	`StockholdersEquityOther`	$380.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$199.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-337.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$10.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-9.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$1.00K	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	33.17M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.60M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time

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