Annual report pursuant to Section 13 and 15(d)

Inventories - Thermon Holding Corp

v2.4.0.6
Inventories - Thermon Holding Corp
12 Months Ended
Mar. 31, 2012
Inventories

3. Inventories

 

Inventories consisted of the following at March 31:

 

 

 

Successor

 

Successor

 

 

 

2012

 

2011

 

Raw materials

 

$

11,721

 

$

9,847

 

Work in progress

 

1,402

 

2,307

 

Finished goods

 

26,424

 

20,669

 

 

 

39,547

 

32,823

 

Valuation reserves

 

(1,094

)

(1,705

)

Net inventory

 

$

38,453

 

$

31,118

 

 

The following table summarizes the annual changes in our valuation reserve accounts:

 

Predecessor:

 

 

 

Balance at March 31, 2009

 

$

1,353

 

Additions charged to expense

 

173

 

Charged to reserve

 

(354

)

Balance at March 31, 2010

 

1,172

 

Additions charged to expense

 

42

 

Charged to reserve

 

(16

)

Balance at April 30, 2010

 

$

1,198

 

Successor:

 

 

 

Balance at May 1, 2010

 

$

1,198

 

Additions charged to expense

 

507

 

Balance at March 31, 2011

 

$

1,705

 

Reduction in reserve (reducing cost of goods sold)

 

(594

)

Charged to reserve

 

(17

)

Balance at March 31, 2012

 

$

1,094

 

Thermon Holding Corp
 
Inventories

2. Inventories

 

Inventories consisted of the following at March 31:

 

 

 

Successor

 

Successor

 

 

 

2012

 

2011

 

Raw materials

 

$

11,721

 

$

9,847

 

Work in progress

 

1,402

 

2,307

 

Finished goods

 

26,424

 

20,669

 

 

 

39,547

 

32,823

 

Valuation reserves

 

(1,094

)

(1,705

)

Net inventory

 

$

38,453

 

$

31,118

 

 

The following table summarizes the annual changes in our valuation reserve accounts:

 

Predecessor:

 

 

 

Balance at March 31, 2009

 

$

1,353

 

Additions charged to expense

 

173

 

Charged to reserve

 

(354

)

Balance at March 31, 2010

 

1,172

 

Additions charged to expense

 

42

 

Charged to reserve

 

(16

)

Balance at April 30, 2010

 

$

1,198

 

Successor:

 

 

 

Balance at May 1, 2010

 

$

1,198

 

Additions charged to expense

 

507

 

Balance at March 31, 2011

 

$

1,705

 

Reduction in reserve (reducing cost of goods sold)

 

(594

)

Charged to reserve

 

(17

)

Balance at March 31, 2012

 

$

1,094