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

Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share

Income (Loss) Per Share

6 Months Ended

Sep. 30, 2022

NOTE 6 – INCOME (LOSS) PER SHARE:

Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period. Diluted income (loss) per share is calculated by dividing net income (loss) by the weighted average number

of common shares outstanding and, when applicable, potential common shares outstanding during the period. A reconciliation of the numerators and denominators of basic and diluted income (loss) per share is presented below:


	Three Months Ended						Six Months Ended
	September 30,						September 30,
	2022			2021			2022		2021
Basic income (loss) per share
Numerator:
Net income (loss)	$	(196	)	$	(492	)	$	480	$	(3,618	)
Denominator:
Weighted average common shares outstanding		10,617			10,681			10,614		10,442
Basic income (loss) per share	$	(0.02	)	$	(0.05	)	$	0.05	$	(0.35	)

Diluted income (loss) per share
Numerator:
Net income (loss)	$	(196	)	$	(492	)	$	480	$	(3,618	)
Denominator:
Weighted average common shares outstanding		10,617			10,681			10,614		10,442
Restricted stock units outstanding		—			—			4		—
Weighted average common and potential common shares outstanding		10,617			10,681			10,618		10,442
Diluted income (loss) per share	$	(0.02	)	$	(0.05	)		0.05	$	(0.35	)