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

6 Months Ended

Sep. 30, 2023

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					Six Months Ended
	September 30,					September 30,
	2023		2022			2023		2022
Basic income (loss) per share
Numerator:
Net income (loss)	$	411	$	(196	)	$	3,051	$	480
Denominator:
Weighted average common shares outstanding		10,699		10,617			10,675		10,614
Basic income (loss) per share	$	0.04	$	(0.02	)	$	0.29	$	0.05

Diluted income (loss) per share
Numerator:
Net income (loss)	$	411	$	(196	)	$	3,051	$	480
Denominator:
Weighted average common shares outstanding		10,699		10,617			10,675		10,614
Restricted stock units outstanding		111		—			86		4
Weighted average common and potential common shares outstanding		10,810		10,617			10,761		10,618
Diluted income (loss) per share	$	0.04	$	(0.02	)	$	0.28	$	0.05