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Earnings Per Share (Tables) | 12 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Summary of Computation of Earnings Per Share And Weighted Average Shares Outstanding | The computation of earnings per share and weighted average shares outstanding of the Company’s common stock for the period is presented below:
|  | February 9, 2023 - March 31, 2023 |
(in thousands except share and per share amounts) |  | Income Numerator |  |  | Weighted average shares outstanding Denominator |  |  | Per Share Amount |
BASIC EPS |  |  |  |  |  |  |  |  |  |  |  |
Net income available to Nextracker Inc. common stockholders |  | $ | 1,143 |  |  |  | 45,886,065 |  |  | $ | 0.02 |
Effect of Dilutive impact |  |  |  |  |  |  |  |  |  |  |  |
Common stock equivalents from Options awards |  |  |  |  |  |  | 377,316 |  |  |  |  |
Common stock equivalents from RSUs |  |  |  |  |  |  | 1,291,346 |  |  |  |  |
Common stock equivalents from PSUs |  |  |  |  |  |  | 92,388 |  |  |  |  |
Income attributable to non-controlling interests and common stock equivalent from Class B common stock |  | $ | 2,446 |  |  |  | 98,204,522 |  |  |  |  |
DILUTED EPS |  |  |  |  |  |  |  |  |  |  |  |
Net income available to Nextracker Inc. common stockholders |  | $ | 3,589 |  |  |  | 145,851,637 |  |  | $ | 0.02 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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