Quarterly report pursuant to Section 13 or 15(d)

Geographic Information

v2.4.0.6
Geographic Information (Thermon Holding Corp.)
 6 Months Ended
Sep. 30, 2012
Thermon Holding Corp.
  
Geographic Information
Geographic Information
We have defined our operating segments based on geographic regions. These regions share similar economic characteristics, similar product mix, similar customers and similar distribution methods. Accordingly, we have elected to aggregate these geographic regions into a single reportable segment. Revenue from the sale of our products which are similar in nature and revenue from construction and engineering are reflected as sales in our consolidated statement of comprehensive income (loss).
During the six months ended September 30, 2012, the Company changed its basis for reporting operating segments. Previously, the operating segments were categorized between the Eastern and Western Hemispheres. Management has changed its basis for reporting such that the four geographic regions of the United States, Canada, Europe and Asia are now analyzed separately. Each of these regions were reported previously within the hemisphere presentation, therefore there is no material difference with this change in presentation of geographic information. For purposes of this note, revenue is attributed to individual countries on the basis of the physical location and jurisdiction of organization of the subsidiary that invoices the material and services. 
Total sales and operating income classified by major geographic area in which the Company operates are as follows:
 
Three Months Ended September 30, 2012
 
Three Months Ended September 30, 2011
 
Six Months Ended September 30, 2012
 
Six Months Ended September 30, 2011
Sales by geographic area:
 

 
 

 
 
 
 
United States
$
18,994

 
$
23,758

 
$
39,163

 
$
45,591

Canada
24,293

 
21,405

 
45,638

 
42,241

Europe
13,342

 
13,495

 
30,584

 
30,008

Asia
10,729

 
9,365

 
19,186

 
14,801

 
$
67,358

 
$
68,023

 
$
134,571

 
$
132,641

Operating income :
 

 
 

 
 
 
 
United States
$
3,767

 
$
4,198

 
$
8,560

 
$
1,197

Canada
9,051

 
7,308

 
15,300

 
13,641

Europe
1,393

 
1,361

 
3,576

 
4,596

Asia
1,536

 
1,534

 
2,963

 
2,560

Unallocated:
 

 
 

 


 
 
Management fees
—

 
(15
)
 
—

 
(8,120
)
Other
(400
)
 
—

 
(522
)
 
—

 
$
15,347

 
$
14,386

 
$
29,877

 
$
13,874