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

Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Accounting Policy Information (Tables)

Basis of Presentation and Accounting Policy Information (Tables)

9 Months Ended

Dec. 31, 2013

Accounting Changes and Error Corrections [Abstract]

Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]

Though the correction of the classification errors had no effect on our gross profit, it did result in a slight reduction to our previously reported gross profit as a percentage of revenue as follows below:



	Three Months Ended December 31, 2012			Nine Months Ended December 31, 2012
As reported:
Sales	$	76,750		$	211,321
Cost of sales	41,799			110,392
Gross profit	34,951			100,929
Gross profit as a percentage of revenue	45.5		%	47.8		%



	Three Months Ended December 31, 2012			Nine Months Ended December 31, 2012
As corrected:
Sales	$	76,830		$	212,369
Cost of sales	41,879			111,440
Gross profit	34,951			100,929
Gross profit as a percentage of revenue	45.5		%	47.5		%

- Definition

Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

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