Graham Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

Consolidated Statements of Changes in Stockholders' Equity (USD $) In Thousands	Total	Common Stock [Member]	Capital in Excess Par Value [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]
Beginning balance at Mar. 31, 2012	$ 81,620us-gaap_StockholdersEquity	$ 1,030	$ 17,745	$ 74,383	$ (8,160)	$ (3,378)
Beginning balance, shares at Mar. 31, 2012		10,297
Comprehensive income	11,275us-gaap_ComprehensiveIncomeNetOfTax			11,148	127
Issuance of shares	83	3	80
Issuance of shares, shares		34
Stock award tax benefit	43		43
Dividends	(899)us-gaap_DividendsCommonStockCash			(899)
Recognition of equity-based compensation expense	576		576
Issuance of treasury stock	297		152			145
Ending Balance at Mar. 31, 2013	92,995us-gaap_StockholdersEquity	1,033	18,596	84,632	(8,033)	(3,233)
Ending Balance, shares at Mar. 31, 2013		10,331
Comprehensive income	12,413us-gaap_ComprehensiveIncomeNetOfTax			10,145	2,268
Issuance of shares	581	8	573
Issuance of shares, shares		78
Stock award tax benefit	271		271
Dividends	(1,308)us-gaap_DividendsCommonStockCash			(1,308)
Recognition of equity-based compensation expense	639		639
Issuance of treasury stock	317		195			122
Ending Balance at Mar. 31, 2014	105,908us-gaap_StockholdersEquity	1,041	20,274	93,469	(5,765)	(3,111)
Ending Balance, shares at Mar. 31, 2014		10,409
Comprehensive income	11,444us-gaap_ComprehensiveIncomeNetOfTax			14,735	(3,291)
Issuance of shares	47	2	45
Issuance of shares, shares		24
Stock award tax benefit	200		200
Dividends	(2,026)us-gaap_DividendsCommonStockCash			(2,026)
Recognition of equity-based compensation expense	653		653
Issuance of treasury stock	325		226			99
Ending Balance at Mar. 31, 2015	$ 116,551us-gaap_StockholdersEquity	$ 1,043	$ 21,398	$ 106,178	$ (9,056)	$ (3,012)
Ending Balance, shares at Mar. 31, 2015		10,433

- Definition

This element represents the amount of recognized equity-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Alternate captions include the words "stock-based compensation".

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- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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