Graham Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Income Per Share

Income Per Share

9 Months Ended

Dec. 31, 2025

NOTE 7 – INCOME PER SHARE:

Basic income per share is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted income per share is calculated by dividing net income 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 per share is presented below:


	Three Months Ended				Nine Months Ended
	December 31,				December 31,
	2025		2024		2025		2024
Basic income per share
Numerator:
Net income	$	2,845	$	1,588	$	10,530	$	7,835
Denominator:
Weighted average common shares outstanding		10,988		10,890		10,967		10,880
Basic income per share	$	0.26	$	0.15	$	0.96	$	0.72

Diluted income per share
Numerator:
Net income	$	2,845	$	1,588	$	10,530	$	7,835
Denominator:
Weighted average common shares outstanding		10,988		10,890		10,967		10,880
Restricted stock units outstanding		169		167		141		136
Weighted average common and potential common shares outstanding		11,157		11,057		11,108		11,016
Diluted income per share	$	0.25	$	0.14	$	0.95	$	0.71