Graham Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Income Per Share

Income Per Share

6 Months Ended

Sep. 30, 2025

NOTE 6 – 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,
	2025		2024		2025		2024
Basic income per share
Numerator:
Net income	$	3,090	$	3,281	$	7,685	$	6,247
Denominator:
Weighted average common shares outstanding		10,985		10,887		10,956		10,875
Basic income per share	$	0.28	$	0.30	$	0.70	$	0.57

Diluted income per share
Numerator:
Net income	$	3,090	$	3,281	$	7,685	$	6,247
Denominator:
Weighted average common shares outstanding		10,985		10,887		10,956		10,875
Restricted stock units outstanding		150		137		127		120
Weighted average common and potential common shares outstanding		11,135		11,024		11,083		10,995
Diluted income per share	$	0.28	$	0.30	$	0.69	$	0.57