Thermon group holdings, inc. (THR)
Income statement / Quarterly
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'11Dec'10Sep'10Jun'10
Revenue from Contract with Customer, Excluding Assessed Tax

100,468

102,935

91,712

114,230

119,356

90,154

88,902

102,582

92,660

61,631

51,736

67,582

64,340

68,812

63,396

72,344

74,427

69,934

65,223

74,256

87,622

79,033

67,667

67,475

71,465

72,783

65,600

71,667

76,830

67,849

67,690

70,485

69,197

68,023

64,618

61,975

64,941

63,451

37,513

Cost of sales

56,988

57,503

54,570

69,261

68,473

49,795

49,173

55,759

50,446

30,671

27,922

39,308

35,721

39,888

37,282

40,249

39,298

36,580

34,486

40,151

42,089

37,812

33,822

34,730

35,409

37,428

34,586

39,764

41,879

35,210

34,351

36,001

35,506

36,072

32,629

33,600

35,333

38,119

25,343

Gross profit

43,480

45,432

37,142

44,969

50,883

40,359

39,729

46,823

42,214

30,960

23,814

28,274

28,619

28,924

26,114

32,095

35,129

33,354

30,737

34,105

45,533

41,221

33,845

32,745

36,056

35,355

31,014

31,903

34,951

32,639

33,339

34,484

33,691

31,951

31,989

28,375

29,608

25,332

12,170

Operating expenses:
Marketing, general and administrative and engineering

26,554

28,130

27,718

26,648

28,109

26,191

25,712

27,526

27,251

20,521

19,317

20,026

18,357

20,224

19,108

21,708

20,167

19,005

19,849

18,895

19,631

20,008

18,334

15,653

15,516

18,123

16,171

17,239

16,885

14,494

16,015

16,677

15,300

14,687

29,616

17,404

14,705

13,971

8,550

Amortization of Intangible Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,600

2,683

2,741

2,751

2,741

2,782

2,779

2,788

2,806

2,813

2,798

2,794

2,807

2,809

2,878

2,885

2,904

3,700

6,300

5,126

Amortization of intangible assets

4,460

4,461

4,433

-

4,887

5,496

5,777

-

4,753

3,022

2,939

-

2,963

3,025

2,816

-

3,135

3,028

2,816

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from operations

12,466

12,841

4,991

13,710

17,887

8,672

8,240

13,553

10,210

7,417

1,558

5,280

7,299

5,675

4,190

5,541

11,827

11,321

8,072

12,610

23,219

18,472

12,760

14,351

17,758

14,453

12,055

11,858

15,253

15,347

14,530

15,000

15,582

14,386

-512

8,067

11,203

5,061

-1,506

Other income/(expenses):
Interest income

57

65

51

91

24

48

75

53

161

239

153

200

131

129

106

114

91

111

107

95

138

119

108

105

66

49

26

19

36

30

27

-117

72

76

91

32

7

2

1

Interest expense

3,595

3,951

3,770

4,241

3,885

3,985

3,603

4,608

2,787

787

802

847

862

895

914

915

918

1,291

1,018

985

1,094

1,188

1,298

1,326

1,369

1,323

6,001

3,049

3,116

4,693

4,367

3,561

4,203

5,030

6,790

5,659

5,580

5,687

5,845

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-376

-

-

-

0

-

-

-

-

-

-

-

-

-

-

0

0

0

-15,485

0

0

0

0

-630

-229

-2,336

-630

-

-

-

-

Success fees to owners related to the CHS Transaction

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,022

Other income/(expenses)

-62

-172

233

36

-155

346

-118

-32

-5,492

-103

32

-254

-6

-427

277

1,340

-377

-119

-168

1,728

-496

-855

17

246

118

262

-30

188

274

-93

-44

269

215

1,173

14

557

1,029

938

2,700

Income before provision for income taxes

8,866

8,783

1,505

9,596

13,871

5,081

4,594

8,966

1,716

6,766

941

4,379

6,562

4,482

3,659

4,728

10,623

10,022

6,993

12,660

21,767

16,548

11,587

12,884

16,337

12,917

-9,375

8,640

11,899

10,777

10,234

10,423

11,007

5,923

-7,855

1,253

4,601

-1,562

-13,072

Income tax expense

2,344

1,862

44

2,847

4,154

1,756

1,216

2,372

883

1,688

227

1,030

1,245

808

1,015

1,254

1,954

3,041

2,467

2,159

6,164

4,800

53

3,302

3,754

2,345

-2,437

2,991

4,161

3,790

3,634

4,174

4,074

2,109

-2,889

5,232

1,592

235

-899

Net income

6,522

6,921

1,461

6,749

9,717

3,325

3,378

6,594

833

5,078

714

3,349

5,317

3,674

2,644

3,474

8,669

6,981

4,526

10,501

15,603

11,748

11,534

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,173

Income (loss) attributable to non-controlling interests

0

9

-10

-19

-2

98

336

537

234

300

235

98

-41

168

118

270

189

85

97

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income available to Thermon Group Holdings, Inc.

6,522

6,912

1,471

6,768

9,719

3,227

3,042

6,057

599

4,778

479

3,251

5,358

3,506

2,526

3,204

8,480

6,896

4,429

10,501

15,603

11,748

11,534

9,582

12,583

10,572

-6,938

5,649

7,738

6,987

6,600

6,249

6,933

3,814

-4,966

-

3,009

-1,797

-

Comprehensive income (loss):
Net income available to Thermon Group Holdings, Inc.

6,522

6,912

1,471

6,768

9,719

3,227

3,042

6,057

599

4,778

479

3,251

5,358

3,506

2,526

3,204

8,480

6,896

4,429

10,501

15,603

11,748

11,534

9,582

12,583

10,572

-6,938

5,649

7,738

6,987

6,600

6,249

6,933

3,814

-4,966

-

3,009

-1,797

-

Foreign currency translation adjustment

6,099

-4,813

4,435

1,902

-10,077

3,206

-8,264

-2,427

1,175

7,563

5,719

4,393

-8,069

-678

-182

10,095

-6,047

-9,686

2,396

-17,189

-8,628

-11,468

4,618

-4,212

-3,023

4,548

-4,037

-3,917

-180

5,412

-5,448

4,500

113

-12,525

1,395

-

-

-

-

Other

0

337

-

-

0

0

-

27

0

9

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative valuation, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

495

290

-131

-

373

-239

102

-

-202

407

-292

-

256

-197

0

-

0

0

-

-

-

-

-

-

-

-

-

Comprehensive income

12,621

2,436

5,906

9,495

-358

6,433

-5,222

3,387

1,774

12,350

6,196

7,760

-2,216

3,118

2,213

13,136

2,806

-3,029

6,927

-7,454

6,773

687

15,860

5,381

9,816

14,923

-10,975

1,428

7,558

12,399

1,152

10,597

7,046

-8,711

-3,571

-

-

-

-

Net Income per common share:
Basic (in dollars per share)

0.20

0.21

0.05

0.21

0.30

0.10

0.09

0.19

0.02

0.15

0.01

0.09

0.17

0.11

0.08

0.11

0.26

0.21

0.14

0.32

0.49

0.37

0.36

0.30

0.40

0.34

-0.22

0.18

0.25

0.23

0.22

-

0.23

0.13

-

-0.16

0.12

-0.07

-0.49

Diluted (in dollars per share)

0.20

0.21

0.04

0.21

0.29

0.10

0.09

0.18

0.02

0.15

0.01

0.10

0.16

0.11

0.08

0.10

0.26

0.21

0.14

0.32

0.48

0.36

0.36

0.30

0.39

0.33

-0.22

0.18

0.24

0.22

0.21

-

0.22

0.12

-

-0.15

0.11

-0.07

-0.49

Weighted-average shares used in computing net income per common share:
Basic (in shares)

32,785

32,727

32,635

32,606

32,595

32,571

32,501

32,468

32,447

32,408

32,370

32,365

32,330

32,278

32,232

32,261

32,210

32,133

32,103

32,064

32,066

32,033

31,943

31,861

31,689

31,486

31,342

31,172

30,947

30,725

30,341

-

29,586

29,523

-

24,916

24,908

24,875

24,900

Diluted (in shares)

33,258

33,244

33,051

33,062

33,116

33,102

32,935

32,624

32,914

32,789

32,861

32,576

32,651

32,610

32,694

32,746

32,596

32,535

32,492

32,394

32,455

32,439

32,339

32,943

32,224

32,105

31,342

32,265

31,871

31,640

31,410

-

31,216

31,262

-

22,268

27,557

24,875

24,900