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

Property, Plant and Equipment (Tables)

12 Months Ended

Mar. 31, 2020

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:



	2020			2019*
Land, buildings and improvements	$	53,060		$	54,294
Machinery and equipment	38,880			28,567
Office furniture and equipment	15,587			22,596
Internally developed software	5,793			4,917
Construction in progress	2,772			2,995
Property, plant and equipment at cost	116,092			113,369
Accumulated depreciation	(43,550		)	(38,414		)
Property, plant and equipment, net	$	72,542		$	74,955