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

Changes in Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Mar. 31, 2015

The changes in accumulated other comprehensive loss by component for fiscal 2015 and fiscal 2014 are:


	Pension and Other Postretirement Benefit Items			Foreign Currency Items			Total
Balance at April 1, 2013	$	(8,443	)	$	410		$	(8,033	)

Other comprehensive income before reclassifications		1,702			(7	)		1,695
Amounts reclassified from accumulated other comprehensive loss		573			—			573

Net current-period other comprehensive income		2,275			(7	)		2,268

Balance at March 31, 2014		(6,168	)		403			(5,765	)

Other comprehensive income before reclassifications		(3,626	)		3			(3,623	)
Amounts reclassified from accumulated other comprehensive loss		332			—			332

Net current-period other comprehensive income		(3,294	)		3			(3,291	)

Balance at March 31, 2015	$	(9,462	)	$	406		$	(9,056	)

The reclassifications out of accumulated other comprehensive loss by component are as follows:


Year ended March 31, 2015
Details about Accumulated Other Comprehensive Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Loss			Affected Line Item in the Consolidated Statements of Operations
Pension and other postretirement benefit items:
Amortization of unrecognized prior service benefit	$	102	(1)
Amortization of actuarial loss		(616	)(1)

		(514	)	Income before provision for income taxes
		(182	)	Provision for income taxes

	$	(332	)	Net income


Year ended March 31, 2014
Details about Accumulated Other Comprehensive Loss Components	Amounts Reclassified from Accumulated Other Comprehensive Loss			Affected Line Item in the Consolidated Statements of Operations
Pension and other postretirement benefit items:
Amortization of unrecognized prior service benefit	$	162	(1)
Amortization of actuarial loss		(1,048	)(1)

		(886	)	Income before provision for income taxes
		(313	)	Provision for income taxes

	$	(573	)	Net income

(1)	These accumulated other comprehensive loss components are included within the computation of net periodic pension and other postretirement benefit costs. See Note 10.