Graham Corporation Annual report pursuant to Section 13 and 15(d)

The Company and Its Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2023

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


	Year ended March 31,
	2023		2022			2021
Basic income (loss) per share:
Numerator:
Net income (loss)	$	367	$	(8,773	)	$	2,374
Denominator:
Weighted average common shares outstanding		10,614		10,541			9,959
Basic income (loss) per share	$	0.03	$	(0.83	)	$	0.24

Diluted income (loss) per share:
Numerator:
Net income(loss)	$	367	$	(8,773	)	$	2,374
Denominator:
Weighted average common shares outstanding		10,614		10,541			9,959
Restricted stock units outstanding		40		—			—
Weighted average common and potential common shares outstanding		10,654		10,541			9,959
Diluted income (loss) per share	$	0.03	$	(0.83	)	$	0.24

Interest and income taxes paid as well as non-cash investing and financing activities are as follows:


	Year ended March 31,
	2023			2022		2021
Interest paid	$	1,026		$	417	$	11
Income taxes paid		185			2,012		200
Pension and other post retirement income (loss) adjustments, net of income tax		(500	)		728		1,774
Issuance of treasury stock to the Employee Stock Purchase Plan (See Note 12)		279			204		222
Capital purchases recorded in accounts payable		483			177		173
Issuance of treasury shares as part of the consideration of the acquisition		—			8,964		—