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

Income Per Share (Tables)

6 Months Ended

Sep. 30, 2015

A reconciliation of the numerators and denominators of basic and diluted income per share is presented below:


	Three Months Ended September 30,				Six Months Ended September 30,
	2015		2014		2015		2014
Basic income per share
Numerator:
Net income	$	1,976	$	4,186	$	4,337	$	6,578

Denominator:
Weighted average common shares outstanding		10,078		10,126		10,116		10,116


Basic income per share	$	.20	$	.41	$	.43	$	.65


Diluted income per share
Numerator:
Net income	$	1,976	$	4,186	$	4,337	$	6,578

Denominator:
Weighted average common shares outstanding		10,078		10,126		10,116		10,116
Stock options outstanding		5		22		9		22

Weighted average common and potential common shares outstanding		10,083		10,148		10,125		10,138


Diluted income per share	$	.20	$	.41	$	.43	$	.65