Quarterly report pursuant to Section 13 or 15(d)

Guarantor Consolidation 1 (Details)

v2.4.0.6
Guarantor Consolidation 1 (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Mar. 31, 2012
Sep. 30, 2011
Mar. 31, 2011
Current assets:        
Cash and cash equivalents $ 16,410 $ 21,468 $ 13,192 $ 51,266
Accounts receivable, net 53,673 50,037    
Inventories, net 41,574 38,453    
Costs and estimated earnings in excess of billings on uncompleted contracts 2,164 1,996    
Income taxes receivable 5,070 5,193    
Prepaid expenses and other current assets 7,967 6,853    
Deferred income taxes 3,266 3,664    
Total current assets 130,124 127,664    
Property, plant and equipment, net 29,190 27,661    
Goodwill 117,935 118,007    
Intangible assets, net 139,086 144,801    
Debt issuance costs, net 4,542 7,446    
Total assets 420,877 425,579    
Current liabilities:        
Accounts payable 22,366 15,728    
Accrued liabilities 15,754 22,442    
Current portion of long term debt 0 21,000    
Obligations in settlement of the CHS Transactions 3,391 3,528    
Billings in excess of costs and estimated 1,594 2,446    
Income taxes payable (receivable) 1,951 1,374    
Total current liabilities 45,056 66,518    
Long-term debt, net of current maturities 118,145 118,145    
Deferred income taxes 42,937 45,999    
Other noncurrent liabilities 2,477 2,437    
Shareholder's equity 212,262 192,480    
Total liabilities and shareholders' equity 420,877 425,579    
Thermon Holding Corp. (Guarantor)
        
Current assets:        
Cash and cash equivalents 0 0 0 0
Accounts receivable, net 0 0    
Inventories, net 0 0    
Costs and estimated earnings in excess of billings on uncompleted contracts 0 0    
Income taxes receivable 0 0    
Prepaid expenses and other current assets 0 0    
Deferred income taxes 0 0    
Total current assets 0 0    
Property, plant and equipment, net 0 0    
Goodwill 0 0    
Intangible assets, net 950 1,078    
Debt issuance costs, net 0 0    
Intercompany loans (18,592) 0    
Investment in Subsidiaries 133,673 127,622    
Total assets 134,623 128,700    
Current liabilities:        
Accounts payable 0 0    
Accrued liabilities 0 0    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 0 0    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 0 0    
Income taxes payable (receivable) 0 0    
Intercompany loans   (70,732)    
Total current liabilities (18,592) (70,732)    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 0 0    
Other noncurrent liabilities 0 0    
Shareholder's equity 153,215 199,432    
Total liabilities and shareholders' equity 134,623 128,700    
Thermon Industries, Inc. (Issuer)
        
Current assets:        
Cash and cash equivalents 0 0 0 0
Accounts receivable, net 0 0    
Inventories, net 0 0    
Costs and estimated earnings in excess of billings on uncompleted contracts 0 0    
Income taxes receivable 0 0    
Prepaid expenses and other current assets 0 0    
Deferred income taxes 0 0    
Total current assets 0 0    
Property, plant and equipment, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Debt issuance costs, net 4,542 7,446    
Intercompany loans 138,321 0    
Investment in Subsidiaries 261,536 252,209    
Total assets 266,078 259,655    
Current liabilities:        
Accounts payable 0 0    
Accrued liabilities 4,675 6,136    
Current portion of long term debt   21,000    
Obligations in settlement of the CHS Transactions 0 0    
Billings in excess of costs and estimated 0 0    
Income taxes payable (receivable) 0 0    
Intercompany loans   110,062    
Total current liabilities 142,996 137,198    
Long-term debt, net of current maturities 118,145 118,145    
Deferred income taxes 0 0    
Other noncurrent liabilities 0 0    
Shareholder's equity 4,937 4,312    
Total liabilities and shareholders' equity 266,078 259,655    
Thermon Manufacturing Company and US Subsidiaries (Guarantor)
        
Current assets:        
Cash and cash equivalents 1,436 5,815 5,974 41,829
Accounts receivable, net 33,456 28,466    
Inventories, net 22,056 20,225    
Costs and estimated earnings in excess of billings on uncompleted contracts 1,871 1,458    
Income taxes receivable 5,092 5,193    
Prepaid expenses and other current assets 1,250 932    
Deferred income taxes 2,752 2,758    
Total current assets 67,913 64,847    
Property, plant and equipment, net 23,646 21,870    
Goodwill 47,391 47,391    
Intangible assets, net 69,098 72,019    
Debt issuance costs, net   0    
Intercompany loans (66,356) 160    
Investment in Subsidiaries 91,413 118,455    
Total assets 299,461 324,742    
Current liabilities:        
Accounts payable 11,211 8,615    
Accrued liabilities 4,342 8,577    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 3,391 3,528    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 741 2,098    
Income taxes payable (receivable) 1,657 114    
Intercompany loans   (38,288)    
Total current liabilities (45,014) (15,356)    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 27,057 29,725    
Other noncurrent liabilities 1,714 1,702    
Shareholder's equity 315,704 308,671    
Total liabilities and shareholders' equity 299,461 324,742    
International Subsidiaries (Non-guarantors)
        
Current assets:        
Cash and cash equivalents 14,974 15,653 7,218 9,187
Accounts receivable, net 42,109 38,431    
Inventories, net 21,475 19,949    
Costs and estimated earnings in excess of billings on uncompleted contracts 293 538    
Income taxes receivable (22) 0    
Prepaid expenses and other current assets 6,095 5,398    
Deferred income taxes 514 906    
Total current assets 85,438 80,875    
Property, plant and equipment, net 5,544 5,791    
Goodwill 70,544 70,616    
Intangible assets, net 69,038 71,704    
Debt issuance costs, net 0 0    
Intercompany loans 23,911 0    
Investment in Subsidiaries 0 0    
Total assets 230,564 228,986    
Current liabilities:        
Accounts payable 11,155 18,768    
Accrued liabilities 6,737 11,779    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 0 0    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 853 348    
Income taxes payable (receivable) 294 1,260    
Intercompany loans   273    
Total current liabilities 42,950 32,428    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 15,880 16,274    
Other noncurrent liabilities 763 735    
Shareholder's equity 170,971 179,549    
Total liabilities and shareholders' equity 230,564 228,986    
Eliminations
        
Current assets:        
Cash and cash equivalents 0 0 0 0
Accounts receivable, net (21,892) (16,860)    
Inventories, net (1,957) (1,721)    
Costs and estimated earnings in excess of billings on uncompleted contracts 0 0    
Income taxes receivable 0 0    
Prepaid expenses and other current assets 622 523    
Deferred income taxes 0 0    
Total current assets (23,227) (18,058)    
Property, plant and equipment, net 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Debt issuance costs, net 0 0    
Intercompany loans (77,284) (160)    
Investment in Subsidiaries (486,622) (498,286)    
Total assets (509,849) (516,504)    
Current liabilities:        
Accounts payable 0 (11,655)    
Accrued liabilities 0 (4,050)    
Current portion of long term debt   0    
Obligations in settlement of the CHS Transactions 0 0    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 0 0    
Income taxes payable (receivable) 0 0    
Intercompany loans   (1,315)    
Total current liabilities (77,284) (17,020)    
Long-term debt, net of current maturities 0 0    
Deferred income taxes 0 0    
Other noncurrent liabilities 0 0    
Shareholder's equity (432,565) (499,484)    
Total liabilities and shareholders' equity (509,849) (516,504)    
Thermon Holding Corp.
        
Current assets:        
Cash and cash equivalents 16,410 21,468 13,192 51,016
Accounts receivable, net 53,673 50,037    
Inventories, net 41,574 38,453    
Costs and estimated earnings in excess of billings on uncompleted contracts 2,164 1,996    
Income taxes receivable 5,070 5,193    
Prepaid expenses and other current assets 7,967 6,853    
Deferred income taxes 3,266 3,664    
Total current assets 130,124 127,664    
Property, plant and equipment, net 29,190 27,661    
Goodwill 117,935 118,007    
Intangible assets, net 139,086 144,801    
Debt issuance costs, net 4,542 7,446    
Intercompany loans 0 0    
Investment in Subsidiaries 0 0    
Total assets 420,877 425,579    
Current liabilities:        
Accounts payable 22,366 15,728    
Accrued liabilities 15,754 22,442    
Current portion of long term debt 0 21,000    
Obligations in settlement of the CHS Transactions 3,391 3,528    
Borrowings under revolving lines of credit 0      
Billings in excess of costs and estimated 1,594 2,446    
Income taxes payable (receivable) 1,951 1,374    
Intercompany loans   0    
Total current liabilities 45,056 66,518    
Long-term debt, net of current maturities 118,145 118,145    
Deferred income taxes 42,937 45,999    
Other noncurrent liabilities 2,477 2,437    
Shareholder's equity 212,262 192,480    
Total liabilities and shareholders' equity $ 420,877 $ 425,579