Quarterly report pursuant to Section 13 or 15(d)

Guarantor Consolidation 1 (Details)

v2.4.0.6
Guarantor Consolidation 1 (Details) (USD $)
Dec. 31, 2012
Mar. 31, 2012
Dec. 31, 2011
Mar. 31, 2011
Current assets:        
Cash and cash equivalents $ 28,389,000 $ 21,468,000 $ 19,776,000 $ 51,266,000
Accounts receivable, net 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    
Obligations in settlement of the CHS Transactions 3,325,000 3,528,000    
Billings in excess of costs and estimated 2,178,000 2,446,000    
Income taxes payable (receivable) 2,385,000 1,374,000    
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    
Shareholder's equity 222,400,000 192,480,000    
Total liabilities and shareholders' equity 433,421,000 425,579,000    
Thermon Holding Corp. (Guarantor)
        
Current assets:        
Cash and cash equivalents 0 0    
Accounts receivable, net 0 0    
Inventories, net 0 0    
Costs and estimated earnings in excess of billings on uncompleted contracts 0 0    
Income taxes receivable 0 0    
Prepaid expenses and other current assets 0 0    
Deferred income taxes 0 0    
Total current assets 0 0    
Property, plant and equipment, net 0 0    
Goodwill 0 0    
Intangible assets, net 887,000 1,078,000    
Debt issuance costs, net 0 0    
Intercompany loans (18,591,000) 0    
Investment in Subsidiaries 141,361,000 127,622,000    
Total assets 142,248,000 128,700,000    
Current liabilities:        
Accounts payable 0 0    
Accrued liabilities 0 0    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 0 0    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 0 0    
Income taxes payable (receivable) 0 0    
Intercompany loans   (70,732,000)    
Total current liabilities (18,591,000) (70,732,000)    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 0 0    
Other noncurrent liabilities 0 0    
Shareholder's equity 160,839,000 199,432,000    
Total liabilities and shareholders' equity 142,248,000 128,700,000    
Thermon Industries, Inc. (Issuer)
        
Current assets:        
Cash and cash equivalents 0 0    
Accounts receivable, net 0 0    
Inventories, net 0 0    
Costs and estimated earnings in excess of billings on uncompleted contracts 0 0    
Income taxes receivable 0 0    
Prepaid expenses and other current assets 354,000 0    
Deferred income taxes 0 0    
Total current assets 354,000 0    
Property, plant and equipment, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Debt issuance costs, net 4,570,000 7,446,000    
Intercompany loans 144,290,000 0    
Investment in Subsidiaries 264,389,000 252,209,000    
Total assets 269,313,000 259,655,000    
Current liabilities:        
Accounts payable 0 0    
Accrued liabilities 1,870,000 6,136,000    
Current portion of long term debt   21,000,000    
Obligations in settlement of the CHS Transactions 0 0    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 0 0    
Income taxes payable (receivable) 0 0    
Intercompany loans   110,062,000    
Total current liabilities 146,160,000 137,198,000    
Long-term debt, net of current maturities 118,145,000 118,145,000    
Deferred income taxes 0 0    
Other noncurrent liabilities 0 0    
Shareholder's equity 5,008,000 4,312,000    
Total liabilities and shareholders' equity 269,313,000 259,655,000    
Thermon Manufacturing Company and US Subsidiaries (Guarantor)
        
Current assets:        
Cash and cash equivalents 9,990,000 5,815,000    
Accounts receivable, net 30,917,000 28,466,000    
Inventories, net 21,332,000 20,225,000    
Costs and estimated earnings in excess of billings on uncompleted contracts 2,373,000 1,458,000    
Income taxes receivable 5,093,000 5,193,000    
Prepaid expenses and other current assets 954,000 932,000    
Deferred income taxes 2,752,000 2,758,000    
Total current assets 73,411,000 64,847,000    
Property, plant and equipment, net 25,601,000 21,870,000    
Goodwill 47,391,000 47,391,000    
Intangible assets, net 67,638,000 72,019,000    
Debt issuance costs, net 0 0    
Intercompany loans (67,981,000) (160,000)    
Investment in Subsidiaries 91,887,000 118,455,000    
Total assets 305,928,000 324,742,000    
Current liabilities:        
Accounts payable 12,358,000 8,615,000    
Accrued liabilities 5,179,000 8,577,000    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 3,325,000 3,528,000    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 1,407,000 2,098,000    
Income taxes payable (receivable) 1,748,000 114,000    
Intercompany loans   (38,288,000)    
Total current liabilities (43,964,000) (15,356,000)    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 27,423,000 29,725,000    
Other noncurrent liabilities 1,891,000 1,702,000    
Shareholder's equity 320,578,000 308,671,000    
Total liabilities and shareholders' equity 305,928,000 324,742,000    
International Subsidiaries (Non-guarantors)
        
Current assets:        
Cash and cash equivalents 18,399,000 15,653,000    
Accounts receivable, net 44,503,000 38,431,000    
Inventories, net 21,533,000 19,949,000    
Costs and estimated earnings in excess of billings on uncompleted contracts 301,000 538,000    
Income taxes receivable (23,000) 0    
Prepaid expenses and other current assets 5,070,000 5,398,000    
Deferred income taxes 644,000 906,000    
Total current assets 90,427,000 80,875,000    
Property, plant and equipment, net 5,496,000 5,791,000    
Goodwill 70,593,000 70,616,000    
Intangible assets, net 67,795,000 71,704,000    
Debt issuance costs, net 0 0    
Intercompany loans 18,517,000 0    
Investment in Subsidiaries 0 0    
Total assets 234,311,000 228,986,000    
Current liabilities:        
Accounts payable 11,798,000 18,768,000    
Accrued liabilities 8,008,000 11,779,000    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 0 0    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 771,000 348,000    
Income taxes payable (receivable) 637,000 1,260,000    
Intercompany loans   273,000    
Total current liabilities 39,731,000 32,428,000    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 15,650,000 16,274,000    
Other noncurrent liabilities 811,000 735,000    
Shareholder's equity 178,119,000 179,549,000    
Total liabilities and shareholders' equity 234,311,000 228,986,000    
Eliminations
        
Current assets:        
Cash and cash equivalents 0 0    
Accounts receivable, net (19,521,000) (16,860,000)    
Inventories, net (1,942,000) (1,721,000)    
Costs and estimated earnings in excess of billings on uncompleted contracts 0 0    
Income taxes receivable 0 0    
Prepaid expenses and other current assets 721,000 523,000    
Deferred income taxes 0 0    
Total current assets (20,742,000) (18,058,000)    
Property, plant and equipment, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Debt issuance costs, net 0 0    
Intercompany loans (76,235,000) 160,000    
Investment in Subsidiaries (497,637,000) (498,286,000)    
Total assets (518,379,000) (516,504,000)    
Current liabilities:        
Accounts payable 0 (11,655,000)    
Accrued liabilities 0 (4,050,000)    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 0 0    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 0 0    
Income taxes payable (receivable) 0 0    
Intercompany loans   (1,315,000)    
Total current liabilities (76,235,000) (17,020,000)    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 0 0    
Other noncurrent liabilities 0 0    
Shareholder's equity (442,144,000) (499,484,000)    
Total liabilities and shareholders' equity (518,379,000) (516,504,000)    
Thermon Holding Corp.
        
Current assets:        
Cash and cash equivalents 28,389,000 21,468,000 19,776,000 51,016,000
Accounts receivable, net 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    
Intercompany loans 0 0    
Investment in Subsidiaries 0 0    
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    
Obligations in settlement of the CHS Transactions 3,325,000 3,528,000    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 2,178,000 2,446,000    
Income taxes payable (receivable) 2,385,000 1,374,000    
Intercompany loans   0    
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    
Shareholder's equity 222,400,000 192,480,000    
Total liabilities and shareholders' equity $ 433,421,000 $ 425,579,000