Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

v3.21.2
Earnings per Share
 3 Months Ended
Jun. 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 June 30,
2021 2020
Net income
 14,253  9,940 
Less: net loss attributable to non-controlling interest (31) — 
Net income attributable to Digital Turbine, Inc. $ 14,284  $ 9,940 
Weighted-average common shares outstanding, basic 91,585  87,386 
Basic net income per common share attributable to Digital Turbine, Inc.
 $ 0.16  $ 0.11 
Weighted-average common shares outstanding, diluted 98,822  93,108 
Diluted net income per common share attributable to Digital Turbine, Inc.
 $ 0.14  $ 0.11