Thermon group holdings, inc. (THR)
Balance Sheet / Yearly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Assets
Current assets:
Cash and cash equivalents

37,054

39,014

35,269

31,402

30,190

28,481

31,118

33,879

51,171

83,378

74,577

42,842

42,022

76,570

72,558

84,570

79,101

61,672

79,363

93,774

90,288

82,129

77,259

72,640

67,340

53,368

45,365

43,847

28,389

16,410

13,630

21,468

19,776

13,192

31,604

51,266

Investments

-

-

-

-

0

0

152

1,022

1,031

5,066

12,928

44,786

36,972

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net of allowance for doubtful accounts of $968 and $987 as of September 30, 2019 and March 31, 2019, respectively

97,011

98,075

98,542

105,323

101,328

82,538

82,606

94,411

85,456

55,923

51,994

63,719

58,166

57,248

57,151

57,432

52,958

60,229

55,435

60,441

66,922

64,308

61,093

52,578

48,616

58,487

49,962

56,123

55,899

53,673

53,770

50,037

46,187

47,647

45,893

40,013

Inventory, Net

63,789

65,779

69,689

64,890

69,056

74,255

69,300

63,829

65,068

43,490

38,327

34,020

38,953

40,059

41,100

40,645

44,098

45,390

43,979

41,008

44,009

41,316

37,545

37,316

40,093

36,729

33,818

34,391

40,923

41,574

36,300

38,453

40,143

35,677

34,317

31,118

Costs in Excess of Billings, Current

16,644

15,822

23,646

26,454

26,317

21,902

20,528

16,114

13,379

10,322

5,197

4,973

6,375

7,670

9,274

7,605

7,934

5,970

5,502

6,804

5,349

3,583

2,389

2,880

4,040

3,978

4,333

3,515

2,674

2,164

1,437

1,996

2,283

1,925

1,816

2,063

Prepaid expenses and other current assets

10,731

10,669

8,514

7,320

10,476

9,978

8,556

9,054

8,848

7,845

6,888

5,806

8,187

8,771

11,111

8,231

8,344

8,260

8,257

5,128

5,869

7,054

6,331

5,058

5,204

6,451

6,307

6,203

7,099

7,967

6,988

6,853

7,065

7,562

6,882

7,633

Income tax receivable

1,167

5,239

4,946

4,389

3,028

3,401

2,545

1,885

1,267

3,001

3,239

2,028

209

2,420

209

209

-

-

-

0

3,309

3,309

3,309

3,310

3,281

5,285

5,287

5,287

5,070

5,070

6,416

5,193

6,328

8,109

7,824

2,462

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,290

3,570

3,499

-

2,216

2,245

2,569

2,046

3,811

4,956

2,127

2,211

3,396

3,266

3,459

3,664

1,684

1,887

1,342

2,779

Total current assets

226,396

234,598

240,606

239,778

240,395

220,555

214,805

220,194

226,220

209,025

193,150

198,174

190,884

192,738

191,403

198,692

195,725

185,091

196,035

207,155

217,962

203,944

190,495

175,828

172,385

169,254

147,199

151,577

143,450

130,124

122,000

127,664

123,466

115,999

129,678

137,334

Property, plant and equipment, net

74,205

74,580

74,948

74,955

74,524

74,427

73,710

74,485

73,750

44,806

43,594

43,266

41,669

41,978

41,983

41,617

39,963

40,144

38,383

34,824

33,081

32,141

31,469

31,532

31,465

31,240

31,029

31,211

31,097

29,190

28,030

27,661

25,381

24,071

23,098

21,686

Goodwill

208,293

205,515

207,663

204,995

203,045

209,349

207,484

210,566

216,198

127,205

124,689

122,521

121,766

123,958

124,613

121,510

120,460

122,722

115,197

105,232

109,342

111,724

115,484

114,112

115,836

116,859

115,070

116,303

117,984

117,935

115,592

118,007

116,438

116,202

121,522

120,750

Intangible assets, net

115,409

118,136

123,949

126,596

129,717

139,187

143,220

151,434

159,436

82,946

84,546

86,178

88,661

93,056

96,052

103,998

105,043

109,905

101,357

100,813

106,774

111,416

117,326

118,917

123,177

126,863

128,001

131,916

136,320

139,086

139,573

144,801

145,999

148,534

157,013

159,056

Operating

14,181

14,170

14,435

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

3,113

2,973

3,883

3,829

2,805

3,042

3,157

3,425

2,901

2,766

2,742

2,823

2,502

2,583

2,600

1,476

-

-

-

1,214

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,074

1,180

1,250

-

1,468

1,583

1,701

1,528

1,646

1,770

1,894

4,373

4,570

4,542

6,265

7,446

7,472

7,809

9,258

11,573

Other long term assets

5,120

5,718

5,742

5,609

3,314

3,718

3,049

2,373

2,463

991

724

1,118

390

347

320

1,384

349

346

369

519

297

302

253

263

137

126

120

143

-

-

-

0

-

-

-

633

Assets

646,717

655,690

671,226

655,762

653,800

650,278

645,425

662,477

680,968

467,739

449,445

454,080

445,872

454,660

456,971

468,677

462,614

459,388

452,591

449,757

468,924

461,110

456,728

442,180

444,646

446,112

423,313

435,523

433,421

420,877

411,460

425,579

418,756

412,615

440,569

451,032

Liabilities
Current liabilities:
Accounts payable

23,259

24,652

23,438

22,705

27,216

23,643

24,547

22,995

23,323

18,337

12,641

15,683

14,633

16,159

14,824

19,458

19,169

16,009

16,128

17,145

20,778

22,982

17,634

17,066

19,263

22,527

19,085

20,370

24,156

22,366

15,034

15,728

21,592

19,076

20,548

18,573

Accrued liabilities

21,387

22,251

19,384

27,848

22,433

17,315

15,524

22,810

19,658

12,438

10,667

13,142

10,347

12,404

13,396

18,238

13,107

12,794

12,407

17,417

14,316

12,426

12,502

9,869

11,120

13,663

9,636

18,715

15,057

15,754

15,278

22,442

15,525

18,460

18,319

28,972

Secured Debt, Current

2,500

2,500

2,500

2,500

2,500

2,500

2,500

2,500

1,875

20,250

20,250

20,250

18,563

16,875

15,188

13,500

13,500

13,500

13,500

13,500

13,500

13,500

13,500

13,500

13,500

13,500

13,500

0

0

0

-

21,000

-

-

-

21,000

Line of Credit, Current

3,080

9,439

14,551

11,225

6,231

8,497

-

0

-

-

-

-

-

-

-

-

5,000

5,000

-

-

-

-

-

-

-

-

-

-

-

-

12,769

-

9,000

6,500

-

2,063

Contract with Customer, Liability, Current

5,418

5,409

6,344

6,814

11,384

7,947

6,077

8,143

4,878

4,174

2,061

2,767

2,633

1,909

4,352

3,438

3,223

2,770

2,068

2,366

2,890

2,053

1,297

1,749

1,582

2,124

2,228

1,629

2,178

1,594

1,952

2,446

2,634

2,426

431

1,110

Lease liabilities

2,465

2,669

2,322

235

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

2,382

1,780

1,402

1,961

2,093

1,034

551

5,952

3,231

892

328

481

1,114

1,343

1,356

2,937

2,816

1,432

830

2,710

7,314

3,193

1,514

956

1,014

1,368

1,061

1,706

2,385

1,951

3,193

1,374

-

-

-

7,934

Obligations due to settle the CHS Transactions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

567

567

567

567

567

3,144

3,239

3,239

3,325

3,391

3,397

3,528

3,550

3,687

3,841

4,213

Total current liabilities

60,491

68,700

69,941

73,288

71,857

60,936

54,718

62,400

52,965

56,091

45,947

52,323

47,290

48,690

49,116

57,571

56,815

51,505

44,933

53,138

59,365

54,721

47,014

43,707

47,046

56,326

48,749

45,659

47,101

45,056

51,623

66,518

52,301

50,149

43,139

83,865

Long-term debt, net of current maturities and deferred debt issuance costs and debt discounts of $5,432 and $6,271 as of September 30, 2019 and March 31, 2019, respectively

171,382

187,318

197,384

197,729

210,660

210,987

214,211

214,533

239,036

50,262

55,246

60,226

65,203

70,175

75,144

80,112

84,375

87,750

91,125

93,283

97,875

101,250

104,625

108,000

111,375

114,750

118,125

118,145

118,145

118,145

118,145

118,145

139,145

143,410

168,000

189,000

Deferred income taxes

24,074

24,688

27,448

28,139

28,814

31,694

32,108

34,252

41,639

24,863

25,153

25,661

25,700

26,612

27,571

29,114

34,061

35,320

30,748

28,500

31,255

32,480

34,052

37,617

39,865

40,761

37,378

42,599

43,073

42,937

42,421

45,999

47,553

48,003

49,592

49,809

Non-current lease liabilities

13,638

13,048

13,826

386

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent liabilities

8,088

7,629

7,485

7,271

4,723

9,521

7,773

10,439

11,434

3,653

3,600

3,368

3,401

3,537

3,257

3,179

3,046

4,348

3,075

3,070

2,373

2,335

2,432

2,390

2,188

2,160

3,138

3,073

2,702

2,477

2,425

2,437

1,967

1,944

1,865

1,826

Total liabilities

277,673

301,383

316,084

306,813

316,054

313,138

308,810

321,624

345,074

134,869

129,946

141,578

141,594

149,014

155,088

169,976

178,297

178,923

169,881

177,991

190,868

190,786

188,123

191,714

200,474

213,997

207,390

-

-

-

-

-

-

-

-

-

Equity
Common stock: $.001 par value; 150,000,000 authorized; 32,742,439 and 32,624,200 shares issued and outstanding at September 30, 2019 and March 31, 2019, respectively

33

33

33

33

33

33

33

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

32

31

31

31

31

30

30

30

30

30

25

Preferred stock: $.001 par value; 10,000,000 authorized; no shares issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid in capital

226,375

224,260

223,022

223,040

219,584

217,691

223,309

222,622

221,597

220,578

219,852

219,284

218,916

218,028

217,552

216,701

215,726

214,868

214,118

213,885

212,687

211,728

210,696

208,451

207,354

205,251

203,878

203,027

200,808

198,228

195,212

191,998

187,906

186,270

186,422

131,416

Accumulated other comprehensive loss

-42,891

-48,990

-44,514

-48,949

-51,679

-41,602

-44,808

-36,541

-33,878

-35,053

-42,912

-48,335

-52,843

-45,270

-44,882

-44,569

-54,501

-48,826

-38,901

-41,400

-23,411

-14,581

-3,520

-7,880

-3,495

-866

-5,112

-1,075

3,146

3,326

-2,086

3,362

-987

-1,099

11,426

10,031

Retained earnings

185,527

179,004

172,092

170,621

164,758

155,081

151,817

148,812

142,752

142,156

137,670

136,899

133,648

128,290

124,784

122,258

119,054

110,574

103,678

99,249

88,748

73,145

61,397

49,863

40,281

27,698

17,126

24,064

18,415

10,677

3,690

-2,910

-9,159

-16,092

-19,905

-14,940

Total Thermon Group Holdings, Inc. shareholders' equity

369,044

354,307

350,633

344,745

332,696

331,203

330,351

334,925

330,503

327,713

314,642

307,880

299,753

301,080

297,486

294,422

280,311

276,648

278,927

271,766

278,056

270,324

268,605

250,466

244,172

232,115

215,923

226,047

222,400

212,262

196,846

192,480

177,790

169,109

-

126,532

Non-controlling interests

0

0

4,509

4,204

5,050

5,937

6,264

5,928

5,391

5,157

4,857

4,622

4,525

4,566

4,397

4,279

4,006

3,817

3,783

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

369,044

354,307

355,142

348,949

337,746

337,140

336,615

340,853

335,894

332,870

319,499

312,502

304,278

305,646

301,883

298,701

284,317

280,465

282,710

271,766

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177,973

-

Total liabilities and equity

646,717

655,690

671,226

655,762

653,800

650,278

645,425

662,477

680,968

467,739

449,445

454,080

445,872

454,660

456,971

468,677

462,614

459,388

452,591

449,757

468,924

461,110

456,728

442,180

444,646

446,112

423,313

435,523

433,421

420,877

411,460

425,579

418,756

412,615

440,569

451,032