Graham Corporation Quarterly report pursuant to Section 13 or 15(d)

Income Per Share (Tables)

3 Months Ended

Jun. 30, 2018

A reconciliation of the numerators and denominators of basic and diluted income per share is presented below:

	Three Months Ended
	June 30,
	2018		2017
Basic income per share
Numerator:
Net income	$	2,323	$	935
Denominator:
Weighted average common shares outstanding		9,790		9,748
Basic income per share	$	.24	$	.10
Diluted income per share
Numerator:
Net income	$	2,323	$	935
Denominator:
Weighted average common shares outstanding		9,790		9,748
Stock options outstanding		14		10
Weighted average common and potential common shares outstanding		9,804		9,758
Diluted income per share	$	.24	$	.10