Quarterly report pursuant to Section 13 or 15(d)

Earnings and Net Income (Loss) per Common Share (Tables)

v3.19.2
Earnings and Net Income (Loss) per Common Share (Tables)
 3 Months Ended
Jun. 30, 2019
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 and diluted net income per common share for the three months ended June 30, 2019 and 2018, respectively, are as follows:
 
 
Three Months Ended June 30, 2019
 
Three Months Ended June 30, 2018
Basic net income per common share
 
 
 
 
Net income available to Thermon Group Holdings, Inc.
 
$
1,471

 
$
3,042

Weighted-average common shares outstanding
 
32,635,295

 
32,501,280

Basic net income per common share
 
$
0.05

 
$
0.09

 
 
Three Months Ended June 30, 2019
 
Three Months Ended June 30, 2018
Diluted net income per common share
 
 

 
 

Net income available to Thermon Group Holdings, Inc.
 
$
1,471

 
$
3,042

Weighted-average common shares outstanding
 
32,635,295

 
32,501,280

Common share equivalents:
 
 
 
 
Stock options
 
208,220

 
215,037

Restricted and performance stock units
 
208,408

 
219,515

Weighted average shares outstanding – dilutive (1)
 
33,051,923

 
32,935,832

Diluted net income per common share
 
$
0.04

 
$
0.09


(1)