Share-Based Compensation |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Share-Based Payment Arrangement [Abstract] | |
| Share-Based Compensation | 10. Share-Based Compensation The Company recognized $12.4 million and $2.9 million of expense related to share-based compensation during the three months ended June 30, 2026 and 2025, respectively, and $12.8 million and $6.2 million during the six months ended June 30, 2026 and 2025, respectively, which was measured based upon the fair value of the awards at the grant date. Included in current period expense was $8.5 million of share-based compensation expense recognized in connection with the accelerated vesting of certain legacy Thermon equity awards triggered by the acquisition. This was recorded to "Acquisition and integration expense" on the Condensed Consolidated Statements of Operations. The Company granted approximately 25,243 and 203,000 restricted stock units during the three months ended June 30, 2026 and 2025, respectively, and approximately 251,712 and 590,000 restricted stock units during the six months ended June 30, 2026 and 2025, respectively. In addition, the Company granted 17,563 and 67,000 stock options during the six months ended June 30, 2026 and 2025, respectively. No stock options were granted during the three months ended June 30, 2026 and 2025. There were no options exercised during the three and six months ended June 30, 2026 or 2025. |