| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 |
|---|---|---|---|---|---|---|---|---|
Revenue from Contract with Customer, Excluding Assessed Tax | ||||||||
412,642 | 308,609 | 264,130 | 281,928 | 308,578 | 277,323 | 284,036 | 272,323 | 227,880 |
Cost of sales | ||||||||
236,702 | 164,798 | 152,199 | 150,613 | 153,874 | 142,153 | 151,204 | 140,208 | 132,395 |
Gross profit | ||||||||
175,940 | 143,811 | 111,931 | 131,315 | 154,704 | 135,170 | 132,832 | 132,115 | 95,485 |
Operating expenses: | ||||||||
Marketing, general and administrative and engineering | ||||||||
106,660 | 94,615 | 77,715 | 80,729 | 76,868 | 65,463 | 64,633 | 76,280 | 54,630 |
Amortization of Intangible Assets | ||||||||
20,771 | 16,458 | 11,772 | 12,112 | 10,775 | 11,090 | 11,211 | 11,379 | 18,030 |
Impairment of intangible assets and goodwill | ||||||||
- | - | - | 1,713 | 0 | 0 | - | - | - |
Amortization of intangible assets | ||||||||
- | - | - | - | - | 11,090 | - | - | - |
Income from operations | ||||||||
48,509 | 32,738 | 22,444 | 36,761 | 67,061 | 58,617 | 56,988 | 44,456 | 22,825 |
Other income/(expenses): | ||||||||
Interest income | ||||||||
238 | 606 | 566 | 423 | 460 | 246 | 112 | 122 | 42 |
Interest expense | ||||||||
15,714 | 8,984 | 3,518 | 4,142 | 4,565 | 10,019 | 15,225 | 19,584 | 22,771 |
Gain (Loss) on Extinguishment of Debt | ||||||||
0 | -376 | 0 | 0 | - | -15,485 | 0 | -3,825 | -630 |
Success fees to owners related to the CHS Transaction | ||||||||
- | - | - | - | - | - | - | - | 3,022 |
Other income/(expenses) | ||||||||
109 | -5,595 | -410 | 676 | 394 | 596 | 325 | 1,671 | 5,224 |
Income before provision for income taxes | ||||||||
33,142 | 18,389 | 19,082 | 32,366 | 62,562 | 32,763 | 41,550 | 19,498 | -8,780 |
Income tax expense | ||||||||
9,973 | 5,170 | 4,098 | 8,716 | 13,176 | 6,964 | 14,576 | 7,468 | 6,160 |
Net income | ||||||||
23,169 | 13,219 | 14,984 | 23,650 | 49,386 | 25,799 | - | - | - |
Income (loss) attributable to non-controlling interests | ||||||||
413 | 1,306 | 343 | 641 | 0 | 0 | - | - | - |
Net income available to Thermon Group Holdings, Inc. | ||||||||
22,756 | 11,913 | 14,641 | 23,009 | 49,386 | 25,799 | 26,974 | 12,030 | -14,940 |
Comprehensive income (loss): | ||||||||
Net income available to Thermon Group Holdings, Inc. | ||||||||
22,756 | 11,913 | 14,641 | 23,009 | 49,386 | 25,799 | 26,974 | 12,030 | -14,940 |
Foreign currency translation adjustment | ||||||||
-13,233 | 12,030 | -4,536 | -3,242 | -32,667 | -6,724 | -4,133 | -6,517 | 10,031 |
Other | ||||||||
0 | 34 | 791 | -340 | -404 | 70 | 0 | 0 | - |
Other | ||||||||
-825 | 270 | 21 | -413 | 449 | 0 | 304 | 152 | 0 |
Comprehensive income | ||||||||
10,348 | 23,707 | 10,875 | 19,840 | 15,866 | 19,145 | 22,537 | 5,361 | -4,909 |
Net Income per common share: | ||||||||
Basic (in dollars per share) | ||||||||
0.70 | 0.37 | 0.45 | 0.72 | 1.54 | 0.82 | 0.88 | 0.41 | -0.60 |
Diluted (in dollars per share) | ||||||||
0.69 | 0.36 | 0.45 | 0.71 | 1.52 | 0.80 | 0.85 | 0.40 | -0.60 |
Weighted-average shares used in computing net income per common share: | ||||||||
Basic (in shares) | ||||||||
32,568 | 32,423 | 32,301 | 32,176 | 32,027 | 31,595 | 30,796 | 29,083 | 24,900 |
Diluted (in shares) | ||||||||
33,054 | 32,797 | 32,633 | 32,592 | 32,407 | 32,153 | 31,796 | 30,454 | 24,900 |