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

Quarterly report pursuant to Section 13 or 15(d)

Cash Flow Statement

Cash Flow Statement	9 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Cash Flow Statement	NOTE 9 - CASH FLOW STATEMENT: Interest paid was $8 in each of the nine-month periods ended December 31, 2018 and 2017. Income taxes paid (refunded) for the nine months ended December 31, 2018 and 2017 were $(74) and $1,801, respectively. In the nine months ended December 31, 2018 and 2017, non-cash activities included the issuance of treasury stock valued at $79 and $62, respectively, to the Company’s ESPP. At December 31, 2018 and 2017, there were $242 and $29, respectively, of capital purchases that were recorded in accounts payable and are not included in the caption "Purchase of property, plant and equipment" in the Condensed Consolidated Statements of Cash Flows. In the nine months ended December 31, 2018 and 2017, capital expenditures totaling $100 and $0, respectively, were financed through the issuance of capital leases.

Cash Flow Statement

9 Months Ended

Dec. 31, 2018

Supplemental Cash Flow Elements [Abstract]

NOTE 9 - CASH FLOW STATEMENT:

Interest paid was $8 in each of the nine-month periods ended December 31, 2018 and 2017. Income taxes paid (refunded) for the nine months ended December 31, 2018 and 2017 were $(74) and $1,801, respectively.

In the nine months ended December 31, 2018 and 2017, non-cash activities included the issuance of treasury stock valued at $79 and $62, respectively, to the Company’s ESPP.

At December 31, 2018 and 2017, there were $242 and $29, respectively, of capital purchases that were recorded in accounts payable and are not included in the caption "Purchase of property, plant and equipment" in the Condensed Consolidated Statements of Cash Flows.

In the nine months ended December 31, 2018 and 2017, capital expenditures totaling $100 and $0, respectively, were financed through the issuance of capital leases.