Annual report pursuant to Section 13 and 15(d)

Net Income per Common Share (Tables)

v3.20.1
Net Income per Common Share (Tables)
 12 Months Ended
Mar. 31, 2020
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 2020, fiscal 2019, and fiscal 2018, respectively, is as follows:
 
 
Year Ended March 31, 2020
 
Year Ended March 31, 2019
 
Year Ended March 31, 2018
Basic net income per common share
 
 
 
 
 
 
Net income available to Thermon Group Holdings, Inc.
 
$
11,938

 
$
22,756

 
$
11,913

Weighted-average common shares outstanding
 
32,760,327

 
32,568,541

 
32,423,581

Basic net income per common share
 
$
0.36

 
$
0.70

 
$
0.37

 
 
Year Ended March 31, 2020
 
Year Ended March 31, 2019
 
Year Ended March 31, 2018
Diluted net income per common share
 
 

 
 

 
 
Net income available to Thermon Group Holdings, Inc.
 
$
11,938

 
$
22,756

 
$
11,913

Weighted-average common shares outstanding
 
32,760,327

 
32,568,541

 
32,423,581

Common share equivalents:
 
 
 
 
 
 
Stock options issued
 
134,777

 
235,802

 
218,693

Restricted and performance stock units issued
 
253,566

 
249,961

 
155,077

Weighted average shares outstanding – dilutive
 
33,148,670

 
33,054,304

 
32,797,351

Diluted net income per common share
 
$
0.36

 
$
0.69

 
$
0.36