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

Annual report pursuant to Section 13 and 15(d)

Changes in Accumulated Other Comprehensive Loss (Tables)

Changes in Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Mar. 31, 2024

Changes in Accumulated Other Comprehensive Loss by Component

The changes in accumulated other comprehensive loss by component for fiscal 2024 and fiscal 2023 are:


	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		(1,023	)		(492	)		(1,515	)
Amounts reclassified from accumulated other comprehensive loss		523			—			523
Net current-period other comprehensive income		(500	)		(492	)		(992	)
Balance at March 31, 2023		(7,470	)		7			(7,463	)
Other comprehensive income before reclassifications		35			(244	)		(209	)
Amounts reclassified from accumulated other comprehensive loss		659			—			659
Net current-period other comprehensive income		694			(244	)		450
Balance at March 31, 2024	$	(6,776	)	$	(237	)	$	(7,013	)

Reclassifications Out of Accumulated Other Comprehensive Loss by Component

The reclassifications out of accumulated other comprehensive loss by component are as follows:

Year ended March 31, 2024


Details about Accumulated Other Comprehensive Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Loss				Affected Line Item in the Consolidated Statements of Operations
Pension and other postretirement benefit items:
Amortization of unrecognized prior service benefit	$	—
Amortization of actuarial loss		(843	)	(1)
		(843	)		Income before provision for income taxes
		(184	)		Provision for income taxes
	$	(659	)		Net income

Year ended March 31, 2023


Details about Accumulated Other Comprehensive Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Loss				Affected Line Item in the Consolidated Statements of Operations
Pension and other postretirement benefit items:
Amortization of unrecognized prior service benefit	$	—
Amortization of actuarial loss		(672	)	(1)
		(672	)		Income before provision for income taxes
		(149	)		Provision for income taxes
	$	(523	)		Net income

(1)

These accumulated other comprehensive loss components are included within the computation of net periodic pension and other postretirement benefit costs. See Note 12.