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, 2026

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,
	2026		2025		2026		2025
Basic income per share
Numerator:
Net income	$	4,637	$	3,090	$	8,549	$	7,685
Denominator:
Weighted average common shares outstanding		11,734		10,985		11,666		10,956
Basic income per share	$	0.40	$	0.28	$	0.73	$	0.70

Diluted income per share
Numerator:
Net income	$	4,637	$	3,090	$	8,549	$	7,685
Denominator:
Weighted average common shares outstanding		11,734		10,985		11,666		10,956
Restricted stock units outstanding		121		150		113		127
Weighted average common and potential common shares outstanding		11,855		11,135		11,779		11,083
Diluted income per share	$	0.39	$	0.28	$	0.73	$	0.69