Graham Corporation Quarterly report pursuant to Section 13 or 15(d)

Product Warranty Liability (Tables)

9 Months Ended

Dec. 31, 2014

The reconciliation of the changes in the product warranty liability is as follows:


	Three Months Ended December 31,						Nine Months Ended December 31,
	2014			2013			2014			2013

Balance at beginning of period	$	347		$	299		$	308		$	408
Expense for product warranties		436			(47	)		573			11
Product warranty claims paid		(63	)		(29	)		(161	)		(196	)

Balance at end of period	$	720		$	223		$	720		$	223