Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Mar. 31, 2012
Current assets:    
Cash and cash equivalents $ 28,389,000 $ 21,468,000
Accounts receivable, net of allowance for doubtful accounts of $858 and $1,434 as of December 31, 2012 and March 31, 2012, respectively 55,899,000 50,037,000
Inventories, net 40,923,000 38,453,000
Costs and estimated earnings in excess of billings on uncompleted contracts 2,674,000 1,996,000
Income taxes receivable 5,070,000 5,193,000
Prepaid expenses and other current assets 7,099,000 6,853,000
Deferred income taxes 3,396,000 3,664,000
Total current assets 143,450,000 127,664,000
Property, plant and equipment, net 31,097,000 27,661,000
Goodwill 117,984,000 118,007,000
Intangible assets, net 136,320,000 144,801,000
Debt issuance costs, net 4,570,000 7,446,000
Total assets 433,421,000 425,579,000
Current liabilities:    
Accounts payable 24,156,000 15,728,000
Accrued liabilities 15,057,000 22,442,000
Current portion of long term debt 0 21,000,000
Billings in excess of costs and estimated earnings on uncompleted contracts 2,178,000 2,446,000
Income taxes payable 2,385,000 1,374,000
Obligations due to settle the CHS Transactions 3,325,000 3,528,000
Total current liabilities 47,101,000 66,518,000
Long-term debt, net of current maturities 118,145,000 118,145,000
Deferred income taxes 43,073,000 45,999,000
Other noncurrent liabilities 2,702,000 2,437,000
Common stock: $.001 par value; 150,000,000 authorized; 31,110,662 and 30,208,084 shares issued and outstanding at December 31, 2012 and March 31, 2012, respectively 31,000 30,000
Preferred stock: $.001 par value; 10,000,000 authorized; no shares issued and outstanding 0 0
Additional paid in capital 200,808,000 191,998,000
Accumulated other comprehensive income 3,146,000 3,362,000
Retained earnings (accumulated deficit) 18,415,000 (2,910,000)
Shareholders’ equity 222,400,000 192,480,000
Total liabilities and shareholders' equity 433,421,000 425,579,000
Thermon Holding Corp.
    
Current assets:    
Cash and cash equivalents 28,389,000 21,468,000
Accounts receivable, net of allowance for doubtful accounts of $858 and $1,434 as of December 31, 2012 and March 31, 2012, respectively 55,899,000 50,037,000
Inventories, net 40,923,000 38,453,000
Costs and estimated earnings in excess of billings on uncompleted contracts 2,674,000 1,996,000
Income taxes receivable 5,070,000 5,193,000
Prepaid expenses and other current assets 7,099,000 6,853,000
Deferred income taxes 3,396,000 3,664,000
Total current assets 143,450,000 127,664,000
Property, plant and equipment, net 31,097,000 27,661,000
Goodwill 117,984,000 118,007,000
Intangible assets, net 136,320,000 144,801,000
Debt issuance costs, net 4,570,000 7,446,000
Total assets 433,421,000 425,579,000
Current liabilities:    
Accounts payable 24,156,000 15,728,000
Accrued liabilities 15,057,000 22,442,000
Current portion of long term debt 0 21,000,000
Billings in excess of costs and estimated earnings on uncompleted contracts 2,178,000 2,446,000
Income taxes payable 2,385,000 1,374,000
Obligations due to settle the CHS Transactions 3,325,000 3,528,000
Total current liabilities 47,101,000 66,518,000
Long-term debt, net of current maturities 118,145,000 118,145,000
Deferred income taxes 43,073,000 45,999,000
Other noncurrent liabilities 2,702,000 2,437,000
Additional paid in capital 200,839,000 192,028,000
Accumulated other comprehensive income 3,146,000 3,362,000
Retained earnings (accumulated deficit) 18,415,000 (2,910,000)
Shareholders’ equity 222,400,000 192,480,000
Total liabilities and shareholders' equity $ 433,421,000 $ 425,579,000