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

6 Months Ended

Sep. 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				Six Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
Basic income per share
Numerator:
Net income	$	3,281	$	411	$	6,247	$	3,051
Denominator:
Weighted average common shares outstanding		10,887		10,699		10,875		10,675
Basic income per share	$	0.30	$	0.04	$	0.57	$	0.29

Diluted income per share
Numerator:
Net income	$	3,281	$	411	$	6,247	$	3,051
Denominator:
Weighted average common shares outstanding		10,887		10,699		10,875		10,675
Restricted stock units outstanding		137		111		120		86
Weighted average common and potential common shares outstanding		11,024		10,810		10,995		10,761
Diluted income per share	$	0.30	$	0.04	$	0.57	$	0.28