Graham Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

The Company and Its Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2025

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


	Years ended March 31,
	2025		2024		2023
Basic income per share:
Numerator:
Net income	$	12,230	$	4,556	$	367
Denominator:
Weighted average common shares outstanding		10,884		10,743		10,614
Basic income per share	$	1.12	$	0.42	$	0.03

Diluted income per share:
Numerator:
Net income	$	12,230	$	4,556	$	367
Denominator:
Weighted average common shares outstanding		10,884		10,743		10,614
Restricted stock units outstanding		182		101		40
Weighted average common and potential common shares outstanding		11,066		10,844		10,654
Diluted income per share	$	1.11	$	0.42	$	0.03

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


	Year ended March 31,
	2025		2024		2023
Interest paid	$	298	$	823	$	1,026
Income taxes paid		3,982		425		185
Pension and other post retirement income (loss) adjustments, net of income tax		105		694		(500	)
Issuance of treasury stock to the Employee Stock Purchase Plan (See Note 13)		—		—		279
Capital purchases recorded in accounts payable		3,951		620		483
Issuance of treasury shares as part of the consideration of the acquisition		—		1,930		—