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Earnings Per Share (Tables)

12 Months Ended

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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- References

No definition available.

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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

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