Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

v3.22.1
Earnings per Share
6 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic net income per common share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period.
Diluted net income per common share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period and including the dilutive effects of employee stock-based awards outstanding during the period.
The following table sets forth the computation of basic and diluted net income per share of common stock (in thousands, except per share amounts):
 
Three months ended September 30,
Six months ended September 30,
2021 2020 2021 2020
Net income / (loss)
(5,887) 373  8,366  10,313 
Less: net loss attributable to non-controlling interest (35) —  (66) — 
Net income / (loss) attributable to Digital Turbine, Inc. $ (5,852) $ 373  $ 8,432  $ 10,313 
Weighted-average common shares outstanding, basic 96,157  88,035  93,807  87,712 
Basic net income / (loss) per common share attributable to Digital Turbine, Inc.
$ (0.06) $ —  $ 0.09  $ 0.11 
Weighted-average common shares outstanding, diluted 96,157  96,057  100,457  94,988 
Diluted net income / (loss) per common share attributable to Digital Turbine, Inc.
$ (0.06) $ —  $ 0.08  $ 0.11 
Common stock equivalents excluded from net loss per diluted share because their effect would have been anti-dilutive 6,563  —  —  —