10-Q Filing

THERMON GROUP HOLDINGS, INC. CIK: 1489096 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001489096-21-000029`
Period End Date	20201231
Filing Date	20210204
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	thr-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 102 Cash Flow Statement 72 Stockholders Equity 61

Balance Sheet 93 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.62M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.05M	USD	Point-in-time
Accounts receivable, net of allowances of $1,095 and $834 as of December 31, 2020 and March 31, 2020, respectively	`AccountsReceivableNetCurrent`	$76.61M	USD	Point-in-time
Accounts receivable, net of allowances of $1,095 and $834 as of December 31, 2020 and March 31, 2020, respectively	`AccountsReceivableNetCurrent`	$92.48M	USD	Point-in-time
Inventories, net	`InventoryNet`	$74.15M	USD	Point-in-time
Inventories, net	`InventoryNet`	$60.27M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$11.75M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNet`	$10.19M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$43.55M	USD	Point-in-time
Depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$53.82M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.22M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$4.45M	USD	Point-in-time
Debt issuance costs, net	`DeferredFinanceCostsNet`	$3.72M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$2.54M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$6.89M	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
Total current assets	`AssetsCurrent`	$229.71M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$72.05M	USD	Point-in-time
Goodwill	`Goodwill`	$197.98M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.19M	shares	Point-in-time
Goodwill	`Goodwill`	$212.46M	USD	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`	$105.55M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$104.55M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.19M	shares	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Operating	`OperatingLeaseRightOfUseAsset`	$13.53M	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
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`	$2.80M	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`	$6.25M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total assets	`Assets`	$642.36M	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`	$620.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$23.21M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.76M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$21.80M	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`	$4.54M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.77M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$3.55M	USD	Point-in-time
Lease liabilities	`OperatingAndFinanceLeaseLiabilityCurrent`	$2.48M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$118.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$1.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$53.89M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $3,719 and $4,447 as of December 31, 2020 and March 31, 2020, respectively	`SecuredLongTermDebt`	$162.91M	USD	Point-in-time
Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $3,719 and $4,447 as of December 31, 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`	$21.71M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$15.57M	USD	Point-in-time
Non-current lease liabilities	`OperatingAndFinanceLeaseLiabilityNoncurrent`	$14.49M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$9.78M	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`	$262.77M	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 33,186,218 and 32,916,818 shares issued and outstanding at December 31, 2020 and March 31, 2020, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock: $.001 par value; 150,000,000 authorized; 33,186,218 and 32,916,818 shares issued and outstanding at December 31, 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`	$230.45M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-63.89M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax`	$-35.39M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$184.49M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$182.56M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$379.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$369.04M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.60M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$642.36M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$620.90M	USD	Point-in-time

Income Statement 102 line items

Line Item	Tag	Value	Unit	Period
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$202.86M	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$295.12M	USD	3 Qtrs
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$79.60M	USD	1 Quarter
Sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$100.47M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$112.85M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$56.99M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$42.64M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$169.06M	USD	3 Qtrs
Gross profit	`GrossProfit`	$126.05M	USD	3 Qtrs
Gross profit	`GrossProfit`	$90.01M	USD	3 Qtrs
Gross profit	`GrossProfit`	$36.96M	USD	1 Quarter
Gross profit	`GrossProfit`	$43.48M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$82.40M	USD	3 Qtrs
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$26.55M	USD	1 Quarter
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$67.60M	USD	3 Qtrs
Marketing, general and administrative and engineering	`SellingGeneralAndAdministrativeExpense`	$20.88M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$4.46M	USD	1 Quarter
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$7.26M	USD	3 Qtrs
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$13.35M	USD	3 Qtrs
Amortization of intangible assets	`SellingGeneralandAdministrativeExpenseAmortization`	$2.13M	USD	1 Quarter
Restructuring and other charges/(income)	`RestructuringCharges`	-	USD	1 Quarter
Restructuring and other charges/(income)	`RestructuringCharges`	-	USD	3 Qtrs
Restructuring and other charges/(income)	`RestructuringCharges`	$8.69M	USD	3 Qtrs
Restructuring and other charges/(income)	`RestructuringCharges`	$3.78M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$10.16M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$30.30M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$12.47M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$6.45M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$58.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$57.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$16.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$173.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.46M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.45M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.32M	USD	3 Qtrs
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$2.19M	USD	3 Qtrs
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$-62.00K	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$874.00K	USD	1 Quarter
Other income/(expense)	`OtherNonoperatingIncomeExpense`	$-1.00K	USD	3 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.87M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.24M	USD	3 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$8.60M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$19.15M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$4.25M	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.34M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-693.00K	USD	3 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.43M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.52M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$14.90M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.93M	USD	3 Qtrs
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-9.00K	USD	1 Quarter
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$2.00K	USD	3 Qtrs
Income (loss) attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$10.00K	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`	$14.91M	USD	3 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`	$6.52M	USD	1 Quarter
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.17M	USD	1 Quarter
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.84M	USD	1 Quarter
Net income (loss) available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.93M	USD	3 Qtrs
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.91M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.91M	USD	3 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`	$6.52M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.17M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.84M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.93M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$5.72M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$6.10M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$29.25M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$14.52M	USD	1 Quarter
Other miscellaneous income/(loss)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Other miscellaneous income/(loss)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$337.00K	USD	3 Qtrs
Other miscellaneous income/(loss)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-152.00K	USD	1 Quarter
Other miscellaneous income/(loss)	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-731.00K	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.54M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$20.96M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$12.62M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.18M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.11M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.79M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	32.72M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.42M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.23M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.26M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.12M	shares	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$6.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$6.52M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$14.90M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$21.08M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.62M	USD	3 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$773.00K	USD	3 Qtrs
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$1.57M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$2.92M	USD	3 Qtrs
Stock compensation expense	`ShareBasedCompensation`	$3.67M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-2.70M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.42M	USD	3 Qtrs
Release of reserve for uncertain tax positions, net	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	-	USD	3 Qtrs
Release of reserve for uncertain tax positions, net	`IncreaseDecreaseInUncertaintyInIncomeTaxes`	$421.00K	USD	3 Qtrs
Loss on long-term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.90M	USD	3 Qtrs
Loss on long-term cross currency swap	`EffectOfExchangeRateOnCashAndCashEquivalents`	$5.07M	USD	3 Qtrs
Remeasurement gain on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-2.26M	USD	3 Qtrs
Remeasurement gain on intercompany balances	`OtherOperatingActivitiesCashFlowStatement`	$-7.00M	USD	3 Qtrs
Loss on sale of business, net of cash surrendered	`GainLossOnSaleOfBusiness`	$-2.04M	USD	3 Qtrs
Loss on sale of business, net of cash surrendered	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-9.75M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.03M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.96M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$10.62M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$2.15M	USD	3 Qtrs
Contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-8.17M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.83M	USD	3 Qtrs
Other current and non-current assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.42M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-2.26M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$503.00K	USD	3 Qtrs
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-4.44M	USD	3 Qtrs
Accrued liabilities and non-current liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-991.00K	USD	3 Qtrs
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.35M	USD	3 Qtrs
Income taxes payable and receivable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.82M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.35M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.48M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.70M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.71M	USD	3 Qtrs
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.86M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$576.00K	USD	1 Quarter
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$371.00K	USD	3 Qtrs
Sale of rental equipment	`ProceedsfromSaleofPropertyPlantandEquipmentRentalEquipment`	$65.00K	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsfromSaleofPropertyPlantandEquipmentExcludingRentalEquipment`	-	USD	3 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsfromSaleofPropertyPlantandEquipmentExcludingRentalEquipment`	$242.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.09M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.64M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$37.19M	USD	3 Qtrs
Proceeds from revolving credit facility	`ProceedsFromRepaymentsOfLinesOfCredit`	$10.00M	USD	3 Qtrs
Payments on long-term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$46.28M	USD	3 Qtrs
Payments on long-term debt and revolving credit facility	`RepaymentsOfLongTermDebt`	$44.34M	USD	3 Qtrs
Purchase of shares from non-controlling interests	`PaymentsOfDebtIssuanceCosts`	$4.51M	USD	3 Qtrs
Purchase of shares from non-controlling interests	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$860.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$468.00K	USD	3 Qtrs
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$890.00K	USD	3 Qtrs
Repurchase of employee stock units on vesting	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$688.00K	USD	3 Qtrs
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$106.00K	USD	3 Qtrs
Payments on finance leases	`CapitalLeaseObligationsIncurred`	$218.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-40.92M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.59M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.06M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$503.00K	USD	3 Qtrs
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`	$39.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.31M	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`	$33.84M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.69M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.31M	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`	$6.30M	USD	3 Qtrs
Change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.85M	USD	3 Qtrs

Stockholders Equity 61 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	33.19M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$379.58M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$369.04M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.60M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$355.14M	USD	Point-in-time
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.00K	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`	$16.00K	USD	1 Quarter
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$798.00K	USD	1 Quarter
Issuance of common stock in exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$437.00K	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.02M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.13M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.36M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$430.00K	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.33M	USD	1 Quarter
Stock compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.32M	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-11.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-784.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-95.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-129.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-557.00K	USD	1 Quarter
Repurchase of employee stock units on vesting	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-2.00K	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`	$14.91M	USD	3 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`	$6.52M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.17M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.84M	USD	1 Quarter
Net loss available to Thermon Group Holdings, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.93M	USD	3 Qtrs
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`	$14.52M	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`	$6.10M	USD	1 Quarter
Purchase of shares from non-controlling interests	`MinorityInterestDecreaseFromRedemptions`	$4.51M	USD	1 Quarter
Other	`StockholdersEquityOther`	$199.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$-337.00K	USD	1 Quarter
Other	`StockholdersEquityOther`	$380.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$-9.00K	USD	1 Quarter
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$2.00K	USD	3 Qtrs
Loss attributable to non-controlling interests	`IncomeLossAttributableToNoncontrollingInterest`	$10.00K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	32.92M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	33.19M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$346.44M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$379.58M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$369.04M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$350.46M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$354.31M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$348.95M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$358.60M	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.