Annual report pursuant to Section 13 and 15(d)

Net Income per Common Share (Tables)

v3.7.0.1
Net Income per Common Share (Tables)
 12 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of reconciliation of the denominators used to calculate basic EPS and diluted EPS
The reconciliation of the denominators used to calculate basic EPS and diluted EPS for fiscal 2017, fiscal 2016, and fiscal 2015, respectively, is as follows:
 
 
Year Ended March 31, 2017
 
Year Ended March 31, 2016
 
Year Ended March 31, 2015
Basic net income per common share
 
 
 
 
 
 
Net income available to Thermon Group Holdings, Inc.
 
$
14,641

 
$
23,009

 
$
49,386

Weighted-average common shares outstanding
 
32,301,661

 
32,176,925

 
32,027,115

Basic net income per common share
 
$
0.45

 
$
0.72

 
$
1.54

 
 
Year Ended March 31, 2017
 
Year Ended March 31, 2016
 
Year Ended March 31, 2015
Diluted net income per common share
 
 

 
 

 
 
Net income available to Thermon Group Holdings, Inc.
 
$
14,641

 
$
23,009

 
$
49,386

Weighted-average common shares outstanding
 
32,301,661

 
32,176,925

 
32,027,115

Common share equivalents:
 
 
 
 
 
 
Stock options issued
 
216,041

 
241,529

 
291,018

Restricted and performance stock units issued
 
115,579

 
174,192

 
89,133

Weighted average shares outstanding – dilutive
 
32,633,281

 
32,592,646

 
32,407,266

Diluted net income per common share
 
$
0.45

 
$
0.71

 
$
1.52