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

Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share

Income (Loss) Per Share

9 Months Ended

Dec. 31, 2022

NOTE 6 – INCOME (LOSS) PER SHARE:

Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted income (loss) per share is calculated by dividing net income (loss) by the weighted average number

of common shares outstanding and, when applicable, potential common shares outstanding during the period. A reconciliation of the numerators and denominators of basic and diluted income (loss) per share is presented below:


	Three Months Ended					Nine Months Ended
	December 31,					December 31,
	2022		2021			2022		2021
Basic income (loss) per share
Numerator:
Net income (loss)	$	368	$	(3,730	)	$	848	$	(7,348	)
Denominator:
Weighted average common shares outstanding		10,611		10,638			10,613		10,507
Basic income (loss) per share	$	0.03	$	(0.35	)	$	0.08	$	(0.70	)

Diluted income (loss) per share
Numerator:
Net income (loss)	$	368	$	(3,730	)	$	848	$	(7,348	)
Denominator:
Weighted average common shares outstanding		10,611		10,638			10,613		10,507
Restricted stock units outstanding		49		—			19		—
Weighted average common and potential common shares outstanding		10,660		10,638			10,632		10,507
Diluted income (loss) per share	$	0.03	$	(0.35	)		0.08	$	(0.70	)