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

Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2014

Information about our long-term debt that is not measured at fair value follows:



	March 31, 2014				March 31, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value		Valuation Technique
Financial Liabilities
Senior secured credit facility	$	121,500	$	121,500	$	—	$	—	Level 2 - Market Approach
9.5% senior secured notes	$	—	$	—	$	118,145	$	131,436	Level 2 - Market Approach

As of March 31, 2014 and March 31, 2013, the notional amounts of forward contracts were as follows:



Notional amount of foreign exchange forward contracts by currency
	March 31, 2014		March 31, 2013
Russian Ruble	$	772	$	4,233
Euro	2,386		2,510
Canadian Dollar	—		2,134
South Korean Won	532		919
Indian Rupee	2,574		329
Mexican Peso	1,077		—
Other	837		—
Total notional amounts	$	8,178	$	10,125



	March 31, 2014				March 31, 2013
	Fair Value				Fair Value
	Assets		Liabilities		Assets		Liabilities
Foreign exchange contract forwards	$	35	$	93	$	87	$	32