Thermon Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity Statement

Condensed Consolidated Statements of Equity Statement - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Non-controlling Interests	Accumulated Other Comprehensive Income (Loss)	Employees Common Stock	Executive Officer Common Stock	Director Common Stock
Beginning balance (in shares) at Mar. 31, 2018		32,492,339
Beginning balance at Mar. 31, 2018	$ 340,853	$ 32	$ 222,622	$ 148,812	$ 5,928	$ (36,541)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock in exercise of stock options (in shares)		5,928
Issuance of common stock in exercise of stock options	82	$ 1	81
Issuance of common stock (in shares)							23,307	20,876	5,212
Stock compensation expense	1,004		1,004
Repurchase of employee stock units on vesting	(398)		(398)
Net income available to Thermon Group Holdings, Inc.	3,042			3,042
Foreign currency translation adjustment	(8,264)					(8,264)
Income attributable to non-controlling interests (loss)	336				336
Ending balance (in shares) at Jun. 30, 2018		32,547,662
Ending balance at Jun. 30, 2018	336,655	$ 33	223,309	151,854	6,264	(44,805)
Beginning balance (in shares) at Mar. 31, 2018		32,492,339
Beginning balance at Mar. 31, 2018	340,853	$ 32	222,622	148,812	5,928	(36,541)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income available to Thermon Group Holdings, Inc.	15,988
Income attributable to non-controlling interests (loss)	(432)
Ending balance (in shares) at Dec. 31, 2018		32,597,389
Ending balance at Dec. 31, 2018	337,808	$ 33	219,604	164,800	5,050	(51,679)
Beginning balance (in shares) at Jun. 30, 2018		32,547,662
Beginning balance at Jun. 30, 2018	336,655	$ 33	223,309	151,854	6,264	(44,805)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock in exercise of stock options	153		153
Issuance of common stock (in shares)							38,507		5,240
Stock compensation expense	1,085		1,085
Repurchase of employee stock units on vesting	(161)		(161)
Net income available to Thermon Group Holdings, Inc.	3,227			3,227
Foreign currency translation adjustment	1,748					1,748
Purchase of shares from non-controlling interests	(5,665)		(3,612)		(3,508)	1,455
Remeasurement of non-controlling interest			(3,083)		3,083
Income attributable to non-controlling interests (loss)	(98)				(98)
Ending balance (in shares) at Sep. 30, 2018		32,591,409
Ending balance at Sep. 30, 2018	337,140	$ 33	217,691	155,081	5,937	(41,602)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock in exercise of stock options	0		0
Issuance of common stock (in shares)							1,464		4,516
Stock compensation expense	1,041		1,041
Repurchase of employee stock units on vesting	(13)		(13)
Net income available to Thermon Group Holdings, Inc.	9,719			9,719
Foreign currency translation adjustment	(10,077)					(10,077)
Remeasurement of non-controlling interest			885		(885)
Income attributable to non-controlling interests (loss)	2				2
Ending balance (in shares) at Dec. 31, 2018		32,597,389
Ending balance at Dec. 31, 2018	$ 337,808	$ 33	219,604	164,800	5,050	(51,679)
Beginning balance (in shares) at Mar. 31, 2019	32,624,200	32,624,200
Beginning balance at Mar. 31, 2019	$ 348,949	$ 33	223,040	170,621	4,204	(48,949)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock in exercise of stock options (in shares)		5,417
Issuance of common stock in exercise of stock options	62		62
Issuance of common stock (in shares)							39,139	32,621	3,654
Stock compensation expense	1,019		1,019
Repurchase of employee stock units on vesting	(784)		(784)
Net income available to Thermon Group Holdings, Inc.	1,471			1,471
Foreign currency translation adjustment	4,435					4,435
Remeasurement of non-controlling interest	0		(315)		315
Income attributable to non-controlling interests (loss)	(10)				(10)
Ending balance (in shares) at Jun. 30, 2019		32,705,031
Ending balance at Jun. 30, 2019	$ 355,142	$ 33	223,022	172,092	4,509	(44,514)
Beginning balance (in shares) at Mar. 31, 2019	32,624,200	32,624,200
Beginning balance at Mar. 31, 2019	$ 348,949	$ 33	223,040	170,621	4,204	(48,949)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income available to Thermon Group Holdings, Inc.	14,906
Income attributable to non-controlling interests (loss)	$ 2
Ending balance (in shares) at Dec. 31, 2019	32,742,439	32,877,119
Ending balance at Dec. 31, 2019	$ 369,044	$ 33	226,375	185,527	0	(42,891)
Beginning balance (in shares) at Jun. 30, 2019		32,705,031
Beginning balance at Jun. 30, 2019	355,142	$ 33	223,022	172,092	4,509	(44,514)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock (in shares)							16,262	14,757	6,389
Stock compensation expense	1,323		1,323
Repurchase of employee stock units on vesting	(95)		(95)
Net income available to Thermon Group Holdings, Inc.	6,913			6,913
Foreign currency translation adjustment	(4,813)					(4,813)
Purchase of shares from non-controlling interests	(4,508)				(4,508)
Remeasurement of non-controlling interest	0		10		(10)
Income attributable to non-controlling interests (loss)	9				9
Other	337					337
Ending balance (in shares) at Sep. 30, 2019		32,742,439
Ending balance at Sep. 30, 2019	354,308	$ 33	224,260	179,005	0	(48,990)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock in exercise of stock options (in shares)		101,455
Issuance of common stock in exercise of stock options	798		798
Issuance of common stock (in shares)							23,748		9,477
Stock compensation expense	1,328		1,328
Repurchase of employee stock units on vesting	(11)		(11)
Net income available to Thermon Group Holdings, Inc.	6,522			6,522
Foreign currency translation adjustment	6,099					6,099
Income attributable to non-controlling interests (loss)	$ 0
Ending balance (in shares) at Dec. 31, 2019	32,742,439	32,877,119
Ending balance at Dec. 31, 2019	$ 369,044	$ 33	$ 226,375	$ 185,527	$ 0	$ (42,891)