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

The Company and Its Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2024

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


	Year ended March 31,
	2024		2023		2022
Basic income (loss) per share:
Numerator:
Net income (loss)	$	4,556	$	367	$	(8,773	)
Denominator:
Weighted average common shares outstanding		10,743		10,614		10,541
Basic income (loss) per share	$	0.42	$	0.03	$	(0.83	)

Diluted income (loss) per share:
Numerator:
Net income (loss)	$	4,556	$	367	$	(8,773	)
Denominator:
Weighted average common shares outstanding		10,743		10,614		10,541
Restricted stock units outstanding		101		40		—
Weighted average common and potential common shares outstanding		10,844		10,654		10,541
Diluted income (loss) per share	$	0.42	$	0.03	$	(0.83	)

Interest and income taxes paid as well as non-cash investing and financing activities are as follows:


	Year ended March 31,
	2024		2023			2022
Interest paid	$	823	$	1,026		$	417
Income taxes paid		425		185			2,012
Pension and other post retirement income (loss) adjustments, net of income tax		694		(500	)		728
Issuance of treasury stock to the Employee Stock Purchase Plan (See Note 13)		—		279			204
Capital purchases recorded in accounts payable		620		483			177
Issuance of treasury shares as part of the consideration of the acquisition		1,930		—			8,964