v3.20.2
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Sales $ 66,406 $ 102,935 $ 123,254 $ 194,647
Cost of sales 37,475 57,503 70,204 112,073
Gross profit 28,931 45,432 53,050 82,574
Operating expenses:        
Marketing, general and administrative and engineering 23,788 28,130 51,629 55,848
Amortization of intangible assets 2,097 4,461 5,130 8,894
Income (loss) from operations 3,046 12,841 (3,709) 17,832
Other income/(expenses):        
Interest income 17 65 42 116
Interest expense (2,433) (3,951) (5,013) (7,721)
Other income/(expense) 582 (172) 1,314 61
Income (loss) before provision for income taxes 1,212 8,783 (7,366) 10,288
Income tax expense (benefit) (626) 1,862 (3,119) 1,906
Net income (loss) 1,838 6,921 (4,247) 8,382
Income (loss) attributable to non-controlling interests 0 9 0 (1)
Net income (loss) available to Thermon Group Holdings, Inc. 1,838 6,912 (4,247) 8,383
Comprehensive income (loss):        
Net loss available to Thermon Group Holdings, Inc. 1,838 6,912 (4,247) 8,383
Foreign currency translation adjustment 5,254 (4,813) 14,729 (378)
Other (199) 337 (579) 337
Comprehensive income $ 6,893 $ 2,436 $ 9,903 $ 8,342
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.06 $ 0.21 $ (0.13) $ 0.26
Diluted (in dollars per share) $ 0.06 $ 0.21 $ (0.13) $ 0.25
Weighted-average shares used in computing net income per common share:        
Basic (in shares) 33,164,921 32,727,023 33,075,902 32,681,410
Diluted (in shares) 33,417,654 33,244,387 33,075,902 33,111,778

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