Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Comprehensive Income

v3.8.0.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]        
Sales $ 92,660 $ 64,340 $ 206,027 $ 196,548
Cost of sales 50,446 35,721 109,039 112,891
Gross profit 42,214 28,619 96,988 83,657
Operating expenses:        
Marketing, general and administrative and engineering 27,251 18,357 67,089 57,689
Amortization of intangible assets 4,753 2,963 10,714 8,804
Income from operations 10,210 7,299 19,185 17,164
Other income/(expenses):        
Interest income 161 131 553 366
Interest expense (2,787) (862) (4,376) (2,671)
Loss on extinguishment of debt (376) 0 (376) 0
Other expense (5,492) (6) (5,563) (156)
Income before provision for income taxes 1,716 6,562 9,423 14,703
Income tax expense 883 1,245 2,798 3,068
Net income 833 5,317 6,625 11,635
Income attributable to non-controlling interests 234 (41) 769 245
Net income available to Thermon Group Holdings, Inc. 599 5,358 5,856 11,390
Comprehensive income (loss):        
Net income available to Thermon Group Holdings, Inc. 599 5,358 5,856 11,390
Foreign currency translation adjustment 1,175 (8,069) 14,457 (8,929)
Derivative valuation, net of tax 0 495 7 655
Comprehensive income (loss) $ 1,774 $ (2,216) $ 20,320 $ 3,116
Net Income per common share:        
Basic (in dollars per share) $ 0.02 $ 0.17 $ 0.18 $ 0.35
Diluted (in dollars per share) $ 0.02 $ 0.16 $ 0.18 $ 0.35
Weighted-average shares used in computing net income per common share:        
Basic (in shares) 32,447,838 32,330,392 32,408,608 32,280,539
Diluted (in shares) 32,914,372 32,651,930 32,762,542 32,619,285