Thermon Group Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Quarterly Results (Unaudited)

Quarterly Results (Unaudited)

12 Months Ended

Mar. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

The following quarterly results have been derived from unaudited consolidated financial statements that, in the opinion of management, reflect all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of such quarterly information. The operating results for any quarter are not necessarily indicative of the results to be expected for any future period. The unaudited quarterly financial data for each of the eight quarters in the two years ended March 31, 2016 are as follows:



	Three Months Ended
	March 31, 2016		December 31, 2015		September 30, 2015		June 30, 2015
Sales	$	72,344	$	74,427	$	69,934	$	65,223
Gross Profit	32,095		35,129		33,354		30,737
Income from operations	5,541		11,827		11,321		8,072
Net income available to Thermon Group Holdings, Inc.	$	3,204	$	8,480	$	6,896	$	4,429

Net income per common share
Basic	$	0.10	$	0.26	$	0.21	$	0.14
Diluted	0.10		0.26		0.21		0.14



	Three Months Ended
	March 31, 2015		December 31, 2014		September 30, 2014		June 30, 2014
Sales	$	74,256	$	87,622	$	79,033	$	67,667
Gross Profit	34,105		45,533		41,221		33,845
Income from operations	12,610		23,219		18,472		12,760
Net income available to Thermon Group Holdings, Inc.	$	10,501	$	15,603	$	11,748	$	11,534

Net income per common share
Basic	$	0.33	$	0.49	$	0.37	$	0.36
Diluted	0.32		0.48		0.36		0.36

The basic and diluted income per common share for each respective three month period is calculated independently. Therefore, the sum of the periods does not necessarily total the full year net income or loss per common share.