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

Quarterly report pursuant to Section 13 or 15(d)

Income Per Share

Income Per Share

3 Months Ended

Jun. 30, 2023

NOTE 6 – INCOME PER SHARE:

Basic income per share is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted income per share is calculated by dividing net income 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 per share is presented below:


	Three Months Ended
	June 30,
	2023		2022
Basic income per share
Numerator:
Net income	$	2,640	$	676
Denominator:
Weighted average common shares outstanding		10,653		10,610
Basic income per share	$	0.25	$	0.06

Diluted income per share
Numerator:
Net income	$	2,640	$	676
Denominator:
Weighted average common shares outstanding		10,653		10,610
Restricted stock units outstanding		66		20
Weighted average common and potential common shares outstanding		10,719		10,630
Diluted income per share	$	0.25	$	0.06