Annual report pursuant to Section 13 and 15(d)

Net Income per Common Share (Tables)

v3.8.0.1
Net Income per Common Share (Tables)
 12 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of reconciliation of the denominators used to calculate basic EPS and diluted EPS
The reconciliations of the denominators used to calculate basic net income per common share and diluted net income per common share for fiscal 2018, fiscal 2017, and fiscal 2016, respectively, is as follows:
 
 
Year Ended March 31, 2018
 
Year Ended March 31, 2017
 
Year Ended March 31, 2016
Basic net income per common share
 
 
 
 
 
 
Net income available to Thermon Group Holdings, Inc.
 
$
11,913

 
$
14,641

 
$
23,009

Weighted-average common shares outstanding
 
32,423,581

 
32,301,661

 
32,176,925

Basic net income per common share
 
$
0.37

 
$
0.45

 
$
0.72

 
 
Year Ended March 31, 2018
 
Year Ended March 31, 2017
 
Year Ended March 31, 2016
Diluted net income per common share
 
 

 
 

 
 
Net income available to Thermon Group Holdings, Inc.
 
$
11,913

 
$
14,641

 
$
23,009

Weighted-average common shares outstanding
 
32,423,581

 
32,301,661

 
32,176,925

Common share equivalents:
 
 
 
 
 
 
Stock options issued
 
218,693

 
216,041

 
241,529

Restricted and performance stock units issued
 
155,077

 
115,579

 
174,192

Weighted average shares outstanding – dilutive
 
32,797,351

 
32,633,281

 
32,592,646

Diluted net income per common share
 
$
0.36

 
$
0.45

 
$
0.71