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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation (Policies)
Notes Tables
Notes Details

Debt - Long-Term Debt (Details)

v3.24.0.1

Debt - Long-Term Debt (Details) $ in Thousands	Dec. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Sep. 29, 2021
Debt Instrument [Line Items]
Less current portion	$ (15,945)	$ (10,222)
Total long-term debt	$ 163,954	87,710
Covenant leverage ratio, maximum	0.50
January 1, 2022 through October 1, 2022 \| Line of Credit
Debt Instrument [Line Items]
Original principal amount			1.25%
January 1, 2023 through October 1, 2024 \| Line of Credit
Debt Instrument [Line Items]
Original principal amount			1.88%
January 1, 2025 through July 1, 2026 \| Line of Credit
Debt Instrument [Line Items]
Original principal amount			2.50%
December 31, 2022 and each fiscal quarter thereafter
Debt Instrument [Line Items]
Consolidated leverage ratio	350.00%
U S Term Loan Facility due September 2026 \| Loans Payable
Debt Instrument [Line Items]
Deferred debt issuance costs	$ 252	335
Variable/incremental rate term loan, net of deferred debt issuance costs	68,747	73,165
Canadian Term Loan Facility due September 2026 \| Loans Payable
Debt Instrument [Line Items]
Deferred debt issuance costs	29	94
Variable/incremental rate term loan, net of deferred debt issuance costs	11,811	24,767
Increamental Rate Term Loan due September 2026 \| Loans Payable
Debt Instrument [Line Items]
Deferred debt issuance costs	659	0
Variable/incremental rate term loan, net of deferred debt issuance costs	$ 99,341	$ 0

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