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, 2024

NOTE 7 – 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,
	2024		2023
Basic income per share
Numerator:
Net income	$	2,966	$	2,640
Denominator:
Weighted average common shares outstanding		10,862		10,653
	$	0.27	$	0.25

Diluted income per share
Numerator:
Net income	$	2,966	$	2,640
Denominator:
Weighted average common shares outstanding		10,862		10,653
Restricted stock units outstanding		96		66
Weighted average common and potential common shares outstanding		10,958		10,719
Diluted income per share	$	0.27	$	0.25