Guarantor Consolidation - (Tables)

v2.4.0.6

Guarantor Consolidation - (Tables) (Thermon Holding Corp.)	9 Months Ended
	Dec. 31, 2012
Thermon Holding Corp.
Guarantor Consolidation
Schedule of condensed balance sheet	Thermon Holding Corp.   Condensed Balance Sheet (Unaudited)   December 31, 2012   Thermon Holding Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and US Subsidiaries (Guarantor)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Assets                       Current assets:                       Cash and cash equivalents $ —   $ —   $ 9,990   $ 18,399   $ —   $ 28,389 Accounts receivable, net —   —   30,917   44,503   (19,521 )   55,899 Inventories, net —   —   21,332   21,533   (1,942 )   40,923 Costs and estimated earnings in excess of billings on uncompleted contracts —   —   2,373   301   —   2,674 Income taxes receivable —   —   5,093   (23 )   —   5,070 Prepaid expenses and other current assets —   354   954   5,070   721   7,099 Deferred Income taxes —   —   2,752   644   —   3,396 Total current assets —   354   73,411   90,427   (20,742 )   143,450 Property, plant and equipment, net —   —   25,601   5,496   —   31,097 Goodwill —   —   47,391   70,593   —   117,984 Intangible assets, net 887   —   67,638   67,795   —   136,320 Debt Issuance costs, net —   4,570   —   —   —   4,570 Investment in subsidiaries 141,361   264,389   91,887   —   (497,637 )   — Total assets $ 142,248   $ 269,313   $ 305,928   $ 234,311   $ (518,379 )   $ 433,421 Liabilities and shareholders' equity                       Current liabilities:                       Accounts payable $ —   $ —   $ 12,358   $ 11,798   $ —   $ 24,156 Accrued liabilities —   1,870   5,179   8,008   —   15,057 Obligations in settlement of the CHS Transactions —   —   3,325   —   —   3,325 Borrowings under revolving lines of credit —   —   —   —   —   — Income tax payable —   —   1,748   637   —   2,385 Billings in excess of costs and estimated —   —   1,407   771   —   2,178 Intercompany loans (18,591 )   144,290   (67,981 )   18,517   (76,235 )   — Total current liabilities (18,591 )   146,160   (43,964 )   39,731   (76,235 )   47,101 Long-term debt, net of current maturities —   118,145   —   —   —   118,145 Deferred Income taxes —   —   27,423   15,650   —   43,073 Other noncurrent liabilities —   —   1,891   811   —   2,702 Shareholders' equity 160,839   5,008   320,578   178,119   (442,144 )   222,400 Total liabilities and shareholders' equity $ 142,248   $ 269,313   $ 305,928   $ 234,311   $ (518,379 )   $ 433,421   Thermon Holding Corp.   Condensed Balance Sheet   March 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and US Subsidiaries (Guarantor)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Assets                       Current assets:                       Cash and cash equivalents $ —   $ —   $ 5,815   $ 15,653   $ —   $ 21,468 Accounts receivable, net —   —   28,466   38,431   (16,860 )   50,037 Inventories, net —   —   20,225   19,949   (1,721 )   38,453 Costs and estimated earnings in excess of billings on uncompleted contracts —   —   1,458   538   —   1,996 Income taxes receivable —   —   5,193   —   —   5,193 Prepaid expenses and other current assets —   —   932   5,398   523   6,853 Deferred Income taxes —   —   2,758   906   —   3,664 Total current assets —   —   64,847   80,875   (18,058 )   127,664 Property, plant and equipment, net —   —   21,870   5,791   —   27,661 Goodwill —   —   47,391   70,616   —   118,007 Intangible assets, net 1,078   —   72,019   71,704   —   144,801 Debt Issuance costs, net —   7,446   —   —   —   7,446 Intercompany loans —   —   160   —   (160 )   — Investment in subsidiaries 127,622   252,209   118,455   —   (498,286 )   — Total assets $ 128,700   $ 259,655   $ 324,742   $ 228,986   $ (516,504 )   $ 425,579 Liabilities and shareholders' equity                       Current liabilities:                       Accounts payable $ —   $ —   $ 8,615   $ 18,768   $ (11,655 )   $ 15,728 Accrued liabilities —   6,136   8,577   11,779   (4,050 )   22,442 Current portion of long term debt —   21,000   —   —   —   21,000 Billings in excess of costs and estimated earnings on uncompleted contracts —   —   2,098   348   —   2,446 Income taxes payable —   —   114   1,260   —   1,374 Obligations in settlement of the CHS Transactions —   —   3,528   —   —   3,528 Intercompany payables (70,732 )   110,062   (38,288 )   273   (1,315 )   — Total current liabilities (70,732 )   137,198   (15,356 )   32,428   (17,020 )   66,518 Long-term debt, net of current maturities —   118,145   —   —   —   118,145 Deferred Income taxes —   —   29,725   16,274   —   45,999 Other noncurrent liabilities —   —   1,702   735   —   2,437 Shareholders' equity 199,432   4,312   308,671   179,549   (499,484 )   192,480 Total liabilities and shareholders' equity $ 128,700   $ 259,655   $ 324,742   $ 228,986   $ (516,504 )   $ 425,579
Schedule of Comprehensive Income (Loss) [Table Text Block]	Three Months Ended December 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 21,843   $ 57,195   $ (2,288 )   $ 76,750 Cost of sales —   —   9,641   34,462   (2,304 )   41,799 Gross profit —   —   12,202   22,733   16   34,951 Operating expenses:                       Marketing, general and administrative and engineering 475   —   8,004   8,406   —   16,885 Amortization of intangible assets 64   —   1,460   1,289   —   2,813 Income (loss) from operations (539 )   —   2,738   13,038   16   15,253 Other income/(expenses):                       Equity in earnings of subsidiaries 916   2,851   1,288   —   (5,055 )   — Interest income —   —   14   22   —   36 Interest expense —   (3,030 )   (45 )   (41 )   —   (3,116 ) Miscellaneous income/(expense) —   —   1,769   (2,043 )   —   (274 ) Income before provision for income taxes 377   (179 )   5,764   10,976   (5,039 )   11,899 Income tax expense (benefit) (189 )   (1,051 )   2,698   2,802   (99 )   4,161 Net income $ 566   $ 872   $ 3,066   $ 8,174   $ (4,940 )   $ 7,738 Comprehensive income                       Net income $ 566   $ 872   $ 3,066   $ 8,174   $ (4,940 )   $ 7,738 Foreign currency translation adjustment —   —   —   (180 )   —   (180 ) Comprehensive income $ 566   $ 872   $ 3,066   $ 7,994   $ (4,940 )   $ 7,558    Three Months Ended December 31, 2011   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 42,088   $ 45,234   $ (18,125 )   $ 69,197 Cost of sales —   —   27,601   26,385   (18,480 )   35,506 Gross profit —   —   14,487   18,849   355   33,691 Operating expenses:                       Marketing, general and administrative and engineering 58   —   7,847   7,395   —   15,300 Amortization of intangible assets 64   —   1,460   1,285   —   2,809 Income (loss) from operations (122 )   —   5,180   10,169   355   15,582 Other income/(expenses):                       Equity in earnings of subsidiaries 6,546   6,381   3,765   —   (16,692 )   — Interest income —   —   12   60   —   72 Interest expense —   (4,048 )   (55 )   (100 )   —   (4,203 ) Loss on retirement of debt —   (229 )   —   —   —   (229 ) Miscellaneous income/(expense) —   —   2,087   (2,302 )   —   (215 ) Income before provision for income taxes 6,424   2,104   10,989   7,827   (16,337 )   11,007 Income tax expense —   —   1,697   2,266   111   4,074 Net income $ 6,424   $ 2,104   $ 9,292   $ 5,561   $ (16,448 )   $ 6,933 Comprehensive income                       Net income $ 6,424   $ 2,104   $ 9,292   $ 5,561   $ (16,448 )   $ 6,933 Foreign currency translation adjustment —   —   —   113   —   113 Comprehensive income $ 6,424   $ 2,104   $ 9,292   $ 5,674   $ (16,448 )   $ 7,046   Nine Months Ended December 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 61,196   $ 155,868   $ (5,113 )   $ 211,951 Cost of sales —   —   24,593   91,303   (4,874 )   111,022 Gross profit —   —   36,603   64,565   (239 )   100,929 Operating expenses:                       Marketing, general and administrative and engineering 869   —   20,914   25,611   —   47,394 Amortization of intangible assets 191   —   4,380   3,834   —   8,405 Income (loss) from operations (1,060 )   —   11,309   35,120   (239 )   45,130 Other income/(expenses):                       Equity in earnings of subsidiaries 21,755   12,992   5,312   —   (40,059 )   — Interest income —   —   15   78   —   93 Interest expense —   (11,732 )   (156 )   (288 )   —   (12,176 ) Miscellaneous income/(expense) —   —   5,603   (5,740 )   —   (137 ) Income before provision for income taxes 20,695   1,260   22,083   29,170   (40,298 )   32,910 Income tax expense (benefit) (371 )   (4,096 )   8,874   7,374   (196 )   11,585 Net income $ 21,066   $ 5,356   $ 13,209   $ 21,796   $ (40,102 )   $ 21,325 Comprehensive income                       Net income $ 21,066   $ 5,356   $ 13,209   $ 21,796   $ (40,102 )   $ 21,325 Foreign currency translation adjustment —   —   —   (216 )   —   (216 ) Comprehensive income $ 21,066   $ 5,356   $ 13,209   $ 21,580   $ (40,102 )   $ 21,109   Nine Months Ended December 31, 2011   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 116,731   $ 136,374   $ (50,622 )   $ 202,483 Cost of sales —   —   76,863   78,377   (50,388 )   104,852 Gross profit —   —   39,868   57,997   (234 )   97,631 Operating expenses:                       Marketing, general and administrative and engineering 6,573   7,860   22,224   22,946   —   59,603 Amortization of intangible assets 192   —   4,381   3,999   —   8,572 Income (loss) from operations (6,765 )   (7,860 )   13,263   31,052   (234 )   29,456 Other income/(expenses):                       Equity in earnings of subsidiaries 12,546   26,403   13,336   —   (52,285 )   — Interest income —   —   33   206   —   239 Interest expense —   (15,637 )   (90 )   (296 )   —   (16,023 ) Loss on retirement of debt —   (3,195 )   —   —   —   (3,195 ) Miscellaneous income/(expense) —   —   5,735   (7,137 )   —   (1,402 ) Income (loss) before provision for income taxes 5,781   (289 )   32,277   23,825   (52,519 )   9,075 Income tax expense (benefit) —   —   (3,167 )   6,532   (71 )   3,294 Net income (loss) $ 5,781   $ (289 )   $ 35,444   $ 17,293   $ (52,448 )   $ 5,781 Comprehensive income (loss)                       Net income (loss) $ 5,781   $ (289 )   $ 35,444   $ 17,293   $ (52,448 )   $ 5,781 Foreign currency translation adjustment —   —   —   (11,017 )   —   (11,017 ) Comprehensive income (loss) $ 5,781   $ (289 )   $ 35,444   $ 6,276   $ (52,448 )   $ (5,236 )
Schedule of condensed statement of cash flows	Thermon Holding Corp.   Condensed Balance Sheet (Unaudited)   December 31, 2012   Thermon Holding Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and US Subsidiaries (Guarantor)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Assets                       Current assets:                       Cash and cash equivalents $ —   $ —   $ 9,990   $ 18,399   $ —   $ 28,389 Accounts receivable, net —   —   30,917   44,503   (19,521 )   55,899 Inventories, net —   —   21,332   21,533   (1,942 )   40,923 Costs and estimated earnings in excess of billings on uncompleted contracts —   —   2,373   301   —   2,674 Income taxes receivable —   —   5,093   (23 )   —   5,070 Prepaid expenses and other current assets —   354   954   5,070   721   7,099 Deferred Income taxes —   —   2,752   644   —   3,396 Total current assets —   354   73,411   90,427   (20,742 )   143,450 Property, plant and equipment, net —   —   25,601   5,496   —   31,097 Goodwill —   —   47,391   70,593   —   117,984 Intangible assets, net 887   —   67,638   67,795   —   136,320 Debt Issuance costs, net —   4,570   —   —   —   4,570 Investment in subsidiaries 141,361   264,389   91,887   —   (497,637 )   — Total assets $ 142,248   $ 269,313   $ 305,928   $ 234,311   $ (518,379 )   $ 433,421 Liabilities and shareholders' equity                       Current liabilities:                       Accounts payable $ —   $ —   $ 12,358   $ 11,798   $ —   $ 24,156 Accrued liabilities —   1,870   5,179   8,008   —   15,057 Obligations in settlement of the CHS Transactions —   —   3,325   —   —   3,325 Borrowings under revolving lines of credit —   —   —   —   —   — Income tax payable —   —   1,748   637   —   2,385 Billings in excess of costs and estimated —   —   1,407   771   —   2,178 Intercompany loans (18,591 )   144,290   (67,981 )   18,517   (76,235 )   — Total current liabilities (18,591 )   146,160   (43,964 )   39,731   (76,235 )   47,101 Long-term debt, net of current maturities —   118,145   —   —   —   118,145 Deferred Income taxes —   —   27,423   15,650   —   43,073 Other noncurrent liabilities —   —   1,891   811   —   2,702 Shareholders' equity 160,839   5,008   320,578   178,119   (442,144 )   222,400 Total liabilities and shareholders' equity $ 142,248   $ 269,313   $ 305,928   $ 234,311   $ (518,379 )   $ 433,421   Thermon Holding Corp.   Condensed Balance Sheet   March 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and US Subsidiaries (Guarantor)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Assets                       Current assets:                       Cash and cash equivalents $ —   $ —   $ 5,815   $ 15,653   $ —   $ 21,468 Accounts receivable, net —   —   28,466   38,431   (16,860 )   50,037 Inventories, net —   —   20,225   19,949   (1,721 )   38,453 Costs and estimated earnings in excess of billings on uncompleted contracts —   —   1,458   538   —   1,996 Income taxes receivable —   —   5,193   —   —   5,193 Prepaid expenses and other current assets —   —   932   5,398   523   6,853 Deferred Income taxes —   —   2,758   906   —   3,664 Total current assets —   —   64,847   80,875   (18,058 )   127,664 Property, plant and equipment, net —   —   21,870   5,791   —   27,661 Goodwill —   —   47,391   70,616   —   118,007 Intangible assets, net 1,078   —   72,019   71,704   —   144,801 Debt Issuance costs, net —   7,446   —   —   —   7,446 Intercompany loans —   —   160   —   (160 )   — Investment in subsidiaries 127,622   252,209   118,455   —   (498,286 )   — Total assets $ 128,700   $ 259,655   $ 324,742   $ 228,986   $ (516,504 )   $ 425,579 Liabilities and shareholders' equity                       Current liabilities:                       Accounts payable $ —   $ —   $ 8,615   $ 18,768   $ (11,655 )   $ 15,728 Accrued liabilities —   6,136   8,577   11,779   (4,050 )   22,442 Current portion of long term debt —   21,000   —   —   —   21,000 Billings in excess of costs and estimated earnings on uncompleted contracts —   —   2,098   348   —   2,446 Income taxes payable —   —   114   1,260   —   1,374 Obligations in settlement of the CHS Transactions —   —   3,528   —   —   3,528 Intercompany payables (70,732 )   110,062   (38,288 )   273   (1,315 )   — Total current liabilities (70,732 )   137,198   (15,356 )   32,428   (17,020 )   66,518 Long-term debt, net of current maturities —   118,145   —   —   —   118,145 Deferred Income taxes —   —   29,725   16,274   —   45,999 Other noncurrent liabilities —   —   1,702   735   —   2,437 Shareholders' equity 199,432   4,312   308,671   179,549   (499,484 )   192,480 Total liabilities and shareholders' equity $ 128,700   $ 259,655   $ 324,742   $ 228,986   $ (516,504 )   $ 425,579 Thermon Holding Corp. Condensed Statement of Comprehensive Income (Unaudited)      Three Months Ended December 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 21,843   $ 57,195   $ (2,288 )   $ 76,750 Cost of sales —   —   9,641   34,462   (2,304 )   41,799 Gross profit —   —   12,202   22,733   16   34,951 Operating expenses:                       Marketing, general and administrative and engineering 475   —   8,004   8,406   —   16,885 Amortization of intangible assets 64   —   1,460   1,289   —   2,813 Income (loss) from operations (539 )   —   2,738   13,038   16   15,253 Other income/(expenses):                       Equity in earnings of subsidiaries 916   2,851   1,288   —   (5,055 )   — Interest income —   —   14   22   —   36 Interest expense —   (3,030 )   (45 )   (41 )   —   (3,116 ) Miscellaneous income/(expense) —   —   1,769   (2,043 )   —   (274 ) Income before provision for income taxes 377   (179 )   5,764   10,976   (5,039 )   11,899 Income tax expense (benefit) (189 )   (1,051 )   2,698   2,802   (99 )   4,161 Net income $ 566   $ 872   $ 3,066   $ 8,174   $ (4,940 )   $ 7,738 Comprehensive income                       Net income $ 566   $ 872   $ 3,066   $ 8,174   $ (4,940 )   $ 7,738 Foreign currency translation adjustment —   —   —   (180 )   —   (180 ) Comprehensive income $ 566   $ 872   $ 3,066   $ 7,994   $ (4,940 )   $ 7,558 Thermon Holding Corp. Condensed Statement of Comprehensive Income (Unaudited)      Three Months Ended December 31, 2011   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 42,088   $ 45,234   $ (18,125 )   $ 69,197 Cost of sales —   —   27,601   26,385   (18,480 )   35,506 Gross profit —   —   14,487   18,849   355   33,691 Operating expenses:                       Marketing, general and administrative and engineering 58   —   7,847   7,395   —   15,300 Amortization of intangible assets 64   —   1,460   1,285   —   2,809 Income (loss) from operations (122 )   —   5,180   10,169   355   15,582 Other income/(expenses):                       Equity in earnings of subsidiaries 6,546   6,381   3,765   —   (16,692 )   — Interest income —   —   12   60   —   72 Interest expense —   (4,048 )   (55 )   (100 )   —   (4,203 ) Loss on retirement of debt —   (229 )   —   —   —   (229 ) Miscellaneous income/(expense) —   —   2,087   (2,302 )   —   (215 ) Income before provision for income taxes 6,424   2,104   10,989   7,827   (16,337 )   11,007 Income tax expense —   —   1,697   2,266   111   4,074 Net income $ 6,424   $ 2,104   $ 9,292   $ 5,561   $ (16,448 )   $ 6,933 Comprehensive income                       Net income $ 6,424   $ 2,104   $ 9,292   $ 5,561   $ (16,448 )   $ 6,933 Foreign currency translation adjustment —   —   —   113   —   113 Comprehensive income $ 6,424   $ 2,104   $ 9,292   $ 5,674   $ (16,448 )   $ 7,046 Thermon Holding Corp. Condensed Statement of Comprehensive Income (Unaudited)   Nine Months Ended December 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 61,196   $ 155,868   $ (5,113 )   $ 211,951 Cost of sales —   —   24,593   91,303   (4,874 )   111,022 Gross profit —   —   36,603   64,565   (239 )   100,929 Operating expenses:                       Marketing, general and administrative and engineering 869   —   20,914   25,611   —   47,394 Amortization of intangible assets 191   —   4,380   3,834   —   8,405 Income (loss) from operations (1,060 )   —   11,309   35,120   (239 )   45,130 Other income/(expenses):                       Equity in earnings of subsidiaries 21,755   12,992   5,312   —   (40,059 )   — Interest income —   —   15   78   —   93 Interest expense —   (11,732 )   (156 )   (288 )   —   (12,176 ) Miscellaneous income/(expense) —   —   5,603   (5,740 )   —   (137 ) Income before provision for income taxes 20,695   1,260   22,083   29,170   (40,298 )   32,910 Income tax expense (benefit) (371 )   (4,096 )   8,874   7,374   (196 )   11,585 Net income $ 21,066   $ 5,356   $ 13,209   $ 21,796   $ (40,102 )   $ 21,325 Comprehensive income                       Net income $ 21,066   $ 5,356   $ 13,209   $ 21,796   $ (40,102 )   $ 21,325 Foreign currency translation adjustment —   —   —   (216 )   —   (216 ) Comprehensive income $ 21,066   $ 5,356   $ 13,209   $ 21,580   $ (40,102 )   $ 21,109 Thermon Holding Corp. Condensed Statement of Comprehensive Income (Loss) (Unaudited)   Nine Months Ended December 31, 2011   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantors)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Revenues $ —   $ —   $ 116,731   $ 136,374   $ (50,622 )   $ 202,483 Cost of sales —   —   76,863   78,377   (50,388 )   104,852 Gross profit —   —   39,868   57,997   (234 )   97,631 Operating expenses:                       Marketing, general and administrative and engineering 6,573   7,860   22,224   22,946   —   59,603 Amortization of intangible assets 192   —   4,381   3,999   —   8,572 Income (loss) from operations (6,765 )   (7,860 )   13,263   31,052   (234 )   29,456 Other income/(expenses):                       Equity in earnings of subsidiaries 12,546   26,403   13,336   —   (52,285 )   — Interest income —   —   33   206   —   239 Interest expense —   (15,637 )   (90 )   (296 )   —   (16,023 ) Loss on retirement of debt —   (3,195 )   —   —   —   (3,195 ) Miscellaneous income/(expense) —   —   5,735   (7,137 )   —   (1,402 ) Income (loss) before provision for income taxes 5,781   (289 )   32,277   23,825   (52,519 )   9,075 Income tax expense (benefit) —   —   (3,167 )   6,532   (71 )   3,294 Net income (loss) $ 5,781   $ (289 )   $ 35,444   $ 17,293   $ (52,448 )   $ 5,781 Comprehensive income (loss)                       Net income (loss) $ 5,781   $ (289 )   $ 35,444   $ 17,293   $ (52,448 )   $ 5,781 Foreign currency translation adjustment —   —   —   (11,017 )   —   (11,017 ) Comprehensive income (loss) $ 5,781   $ (289 )   $ 35,444   $ 6,276   $ (52,448 )   $ (5,236 ) Thermon Holding Corp. Condensed Statement of Cash Flows (Unaudited)     Nine Months Ended December 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantor)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Net cash (used in) provided by operations $ —   $ (12,598 )   $ 16,676   $ 21,982   $ 84   $ 26,144 Investing activities                       Purchases of P.P.&E. —   —   (4,987 )   (258 )   —   (5,245 ) Cash paid for Thermon —   —   (203 )   —   —   (203 ) Net cash (used in) investing activities —   —   (5,190 )   (258 )   —   (5,448 ) Financing activities                       Payments on Senior Secured Notes —   (21,000 )   —   —   —   (21,000 ) Proceeds from revolving lines of credit —   —   —   —   —   — Issuance costs associated with revolving line of credit —   (248 )   —   —   —   (248 ) Proceeds from stock option exercises 4,571   —   —   —   —   4,571 Excess tax deduction on stock option exercises 3,369   —   —   —   —   3,369 Intercompany dividends —   —   23,328   (23,328 )   —   — Premiums paid on redemption of Senior Secured Notes —   (630 )   —   —   —   (630 ) Change in affiliate debt (7,940 )   34,228   (30,391 )   4,350   (247 )   — Net cash (used in) provided by financing activities —   12,350   (7,063 )   (18,978 )   (247 )   (13,938 ) Effect of exchange rates on cash and cash equivalents —   —   —   —   163   163 Change in cash and cash equivalents —   (248 )   4,423   2,746   —   6,921 Cash at beginning of period —   —   5,815   15,653   —   21,468 Cash at End of period $ —   $ (248 )   $ 10,238   $ 18,399   $ —   $ 28,389 Thermon Holding Corp. Condensed Statement of Cash Flows (Unaudited)     Nine Months Ended December 31, 2011   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantor)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Net cash (used in) provided by operations $ 1,139   $ (25,588 )   $ 6,908   $ 11,345   $ (285 )   $ (6,481 ) Investing activities                       Purchases of P.P.&E. —   —   (5,948 )   (231 )   —   (6,179 ) Cash paid for Thermon —   —   (663 )   —   —   (663 ) Net cash (used in) investing activities —   —   (6,611 )   (231 )   —   (6,842 ) Financing activities                       Payments on senior secured notes —   (70,855 )   —   —   —   (70,855 ) Proceeds from revolving lines of credit —   9,000   —   —   —   9,000 Payments on revolving lines of credit —   —   —   (2,063 )   —   (2,063 ) Capital contributions 50,288   —   —   —   —   50,288 Premiums paid on redemption of senior secured notes —   (3,825 )   —   —   —   (3,825 ) Change in affiliate debt (51,427 )   91,268   (34,469 )   (5,657 )   285   — Net cash (used in) provided by financing activities (1,139 )   25,588   (34,469 )   (7,720 )   285   (17,455 ) Effect of exchange rates on cash and cash equivalents —   —   —   (462 )   —   (462 ) Change in cash and cash equivalents 0   —   (34,172 )   2,932   —   (31,240 ) Cash at beginning of period —   —   41,829   9,187   —   51,016 Cash at End of period $ —   $ —   $ 7,657   $ 12,119   $ —   $ 19,776   Nine Months Ended December 31, 2012   Thermon Holding, Corp. (Guarantor)   Thermon Industries, Inc. (Issuer)   Thermon Manufacturing Company and U.S. Subsidiaries (Guarantor)   International Subsidiaries (Non-guarantors)   Eliminations   Consolidated Net cash (used in) provided by operations $ —   $ (12,598 )   $ 16,676   $ 21,982   $ 84   $ 26,144 Investing activities                       Purchases of P.P.&E. —   —   (4,987 )   (258 )   —   (5,245 ) Cash paid for Thermon —   —   (203 )   —   —   (203 ) Net cash (used in) investing activities —   —   (5,190 )   (258 )   —   (5,448 ) Financing activities                       Payments on Senior Secured Notes —   (21,000 )   —   —   —   (21,000 ) Proceeds from revolving lines of credit —   —   —   —   —   — Issuance costs associated with revolving line of credit —   (248 )   —   —   —   (248 ) Proceeds from stock option exercises 4,571   —   —   —   —   4,571 Excess tax deduction on stock option exercises 3,369   —   —   —   —   3,369 Intercompany dividends —   —   23,328   (23,328 )   —   — Premiums paid on redemption of Senior Secured Notes —   (630 )   —   —   —   (630 ) Change in affiliate debt (7,940 )   34,228   (30,391 )   4,350   (247 )   — Net cash (used in) provided by financing activities —   12,350   (7,063 )   (18,978 )   (247 )   (13,938 ) Effect of exchange rates on cash and cash equivalents —   —   —   —   163   163 Change in cash and cash equivalents —   (248 )   4,423   2,746   —   6,921 Cash at beginning of period —   —   5,815   15,653   —   21,468 Cash at End of period $ —   $ (248 )   $ 10,238   $ 18,399   $ —   $ 28,389