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

Quarterly report pursuant to Section 13 or 15(d)

Changes in Accumulated Other Comprehensive Loss (Tables)

Changes in Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Sep. 30, 2021

Changes in Accumulated Other Comprehensive Loss by Component

The changes in accumulated other comprehensive loss by component for the six months ended September 30, 2021 and 2020 are as follows:

	Pension and Other Postretirement Benefit Items			Foreign Currency Items		Total
Balance at April 1, 2021	$	(7,698	)	$	301	$	(7,397	)
Other comprehensive income before reclassifications		68			93		161
Amounts reclassified from accumulated other comprehensive loss		353			—		353
Net current-period other comprehensive income		421			93		514
Balance at September 30, 2021	$	(7,277	)	$	394	$	(6,883	)

	Pension and Other Postretirement Benefit Items			Foreign Currency Items			Total
Balance at April 1, 2020	$	(9,472	)	$	(84	)	$	(9,556	)
Other comprehensive loss before reclassifications		—			155			155
Amounts reclassified from accumulated other comprehensive loss		409			—			409
Net current-period other comprehensive income (loss)		409			155			564
Balance at September 30, 2020	$	(9,063	)	$	71		$	(8,992	)

Reclassifications Out of Accumulated Other Comprehensive Loss by Component

The reclassifications out of accumulated other comprehensive loss by component for the three and six months ended September 30, 2021 and 2020 are as follows:

Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss								Affected Line Item in the Condensed Consolidated Statements of Income
	Three Months Ended
	September 30,
	2021				2020
Pension and other postretirement benefit items:
Amortization of actuarial loss	$	(236	)	⁽¹⁾	$	(267	)	⁽¹⁾	Loss before benefit for income taxes
		(53	)			(63	)		Benefit for income taxes
	$	(183	)		$	(204	)		Net loss

Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss								Affected Line Item in the Condensed Consolidated Statements of Income
	Six Months Ended
	September 30,
	2021				2020
Pension and other postretirement benefit items:
Amortization of actuarial loss	$	(455	)	⁽¹⁾	$	(533	)	⁽¹⁾	Loss before benefit for income taxes
		(102	)			(124	)		Benefit for income taxes
	$	(353	)		$	(409	)		Net loss

⁽¹⁾	These accumulated other comprehensive loss components are included within the computation of pension and other postretirement benefit costs. See Note 10.