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

Annual report pursuant to Section 13 and 15(d)

Net Income/(Loss) per Common Share (Tables)

Net Income/(Loss) per Common Share (Tables)

12 Months Ended

Mar. 31, 2022

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/(loss) per common share and diluted net income/(loss) per common share for fiscal 2022, 2021, and 2020, respectively, is as follows:


	Year Ended March 31, 2022		Year Ended March 31, 2021		Year Ended March 31, 2020
Basic net income/(loss) per common share
Net income/(loss) available to Thermon Group Holdings, Inc.	$	20,092	$	877	$	11,938
Weighted-average common shares outstanding	33,308,045		33,134,592		32,760,327
Basic net income/(loss) per common share	$	0.60	$	0.03	$	0.36


	Year Ended March 31, 2022		Year Ended March 31, 2021		Year Ended March 31, 2020
Diluted net income/(loss) per common share
Net income/(loss) available to Thermon Group Holdings, Inc.	$	20,092	$	877	$	11,938
Weighted-average common shares outstanding	33,308,045		33,134,592		32,760,327
Common share equivalents:
Stock options issued	2,231		27,306		134,777
Restricted and performance stock units issued	204,285		179,056		253,566
Weighted average shares outstanding – dilutive	33,514,561		33,340,954		33,148,670
Diluted net income/(loss) per common share	$	0.60	$	0.03	$	0.36