Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

v3.22.1
Earnings per Share
 9 Months Ended
Dec. 31, 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 December 31,
Nine months ended December 31,
2021 2020 2021 2020
Net income
 7,062  14,515  15,428  24,828 
Less: net income / (loss) attributable to non-controlling interest 48  —  (18) — 
Net income attributable to Digital Turbine, Inc. $ 7,014  $ 14,515  $ 15,446  $ 24,828 
Weighted-average common shares outstanding, basic 96,548  89,003  94,620  88,140 
Basic net income per common share attributable to Digital Turbine, Inc.
 $ 0.07  $ 0.16  $ 0.16  $ 0.27 
Weighted-average common shares outstanding, diluted 103,287  96,976  101,346  95,563 
Diluted net income per common share attributable to Digital Turbine, Inc.
 $ 0.07  $ 0.15  $ 0.15  $ 0.26