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)

9 Months Ended

Dec. 31, 2023

Changes in Accumulated Other Comprehensive Loss by Component

The changes in accumulated other comprehensive loss by component for the nine months ended December 31, 2023 and 2022 are as follows:


	Pension and Other Postretirement Benefit Items			Foreign Currency Items			Total
Balance at April 1, 2023	$	(7,470	)	$	7		$	(7,463	)
Other comprehensive income before reclassifications		—			(173	)		(173	)
Amounts reclassified from accumulated other comprehensive loss		492			—			492
Net current-period other comprehensive income (loss)		492			(173	)		319
Balance at December 31, 2023	$	(6,978	)	$	(166	)	$	(7,144	)


	Pension and Other Postretirement Benefit Items			Foreign Currency Items			Total
Balance at April 1, 2022	$	(6,970	)	$	499		$	(6,471	)
Other comprehensive income before reclassifications		—			(519	)		(519	)
Amounts reclassified from accumulated other comprehensive loss		393			—			393
Net current-period other comprehensive income (loss)		393			(519	)	$	(126	)
Balance at December 31, 2022	$	(6,577	)	$	(20	)	$	(6,597	)

Reclassifications Out of Accumulated Other Comprehensive Loss by Component

The reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended December 31, 2023 and 2022 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
	December 31,
	2023			2022
Pension and other postretirement benefit items:
Amortization of actuarial loss	$	211	(1)	$	169	(1)	Income before benefit for income taxes
Tax effect		47			38		(Benefit) provision for income taxes
	$	164		$	131		Net income


Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss						Affected Line Item in the Condensed Consolidated Statements of Income
	Nine Months Ended
	December 31,
	2023			2022
Pension and other postretirement benefit items:
Amortization of actuarial loss	$	632	(1)	$	505	(1)	Income before benefit for income taxes
Tax effect		140			112		(Benefit) provision for income taxes
	$	492		$	393		Net income