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

Property, Plant and Equipment (Tables)

12 Months Ended

Mar. 31, 2019

Depreciation is computed using the straight-line method over the following lives:



	Useful Lives in Years
Land improvements	15	-	20
Buildings and improvements	10	-	40
Machinery and equipment	3	-	25
Office furniture and equipment	3	-	10
Internally developed software	5	-	7

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



	2019			2018
Land, buildings and improvements	$	51,834		$	50,808
Machinery and equipment	23,685			24,182
Office furniture and equipment	21,660			20,818
Internally developed software	4,979			4,069
Construction in progress	2,995			2,183
Property, plant and equipment at cost	105,153			102,060
Accumulated depreciation	(30,198		)	(27,575		)
Property, plant and equipment, net	$	74,955		$	74,485