Thermon Group Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment consisted of the following at March 31:



	2013			2012
Land, buildings and improvements	$	19,372		$	16,391
Machinery and equipment	12,114			9,276
Office furniture and equipment	3,110			1,848
Internally developed software	1,744			816
Construction in Progress	1,042			2,687

Accumulated depreciation	(6,171		)	(3,357		)
	$	31,211		$	27,661

Depreciation expense was $2,619, $2,593, $1,894, and $177 in fiscal 2013 and fiscal 2012, the period from May 1, 2010 to March 31, 2011, and the period from April 1 to April 30, 2010, respectively.

Included within depreciation expense was amortization of internally developed software of $237, $151, $137, and $12 in fiscal 2013, fiscal 2012, the period from May 1, 2010 to March 31, 2011, and the period from April 1 to April 30, 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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