Thermon Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

Acquisitions (Tables)

6 Months Ended

Sep. 30, 2018

Business Combination, Purchase Price Information

The following table details the purchase price of the THS acquisition:



Consideration to or on behalf of sellers	$	204,596
Fair value of total consideration transferred	204,596

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed



Assets acquired:
Cash	$	1,534
Accounts receivable	14,351
Inventories	20,085
Other current assets	1,181
Property, plant and equipment	29,464
Identifiable intangible assets	79,002
Goodwill	85,637
Total assets	231,254
Liabilities assumed:
Current liabilities	6,832
Other non-current liabilities	500
Non-current deferred tax liability	19,326
Total liabilities	26,658
Total consideration	$	204,596

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

Our provisional estimate of identifiable intangible assets at September 30, 2018 that were related to the THS acquisition, inclusive of currency translation adjustments for the period, consisted of the following:



	Amortization period	Gross Carrying Amount at September 30, 2018		Accumulated Amortization		Net Carrying Amount at September 30, 2018		Gross Carrying Amount at March 31, 2018		Accumulated Amortization		Net Carrying Amount at March 31, 2018

Products	10 Years	$	64,356	$	5,899	$	58,457	$	64,611	$	2,692	$	61,919
Customer relationships	17 Years	11,111		599		10,512		11,155		273		10,882
Backlog	1 Year	3,217		2,949		268		3,230		1,346		1,884
Total		$	78,684	$	9,447	$	69,237	$	78,996	$	4,311	$	74,685