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Earnings per Share
 12 Months Ended
Mar. 31, 2023
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.
Stock options totaling 1,390,650, 559,190, and 62,507 for the years ended March 31, 2023, 2022, and 2021, respectively, were outstanding but not included in the calculation of diluted earnings per share because inclusion of the options in the calculation would be antidilutive due to their exercise prices exceeding the average market price of the common shares during the periods.
The following table sets forth the computation of basic and diluted net income per share of common stock (in thousands, except per share amounts):
 
Year ended March 31,
202320222021
Net income
16,870 35,569 54,884 
Less: net income attributable to non-controlling interest197 23 — 
Net income attributable to Digital Turbine, Inc.$16,673 $35,546 $54,884 
Weighted-average common shares outstanding, basic98,783 95,198 88,514 
Basic net income per common share attributable to Digital Turbine, Inc.
$0.17 $0.37 $0.62 
Weighted-average common shares outstanding, diluted101,816 102,640 96,151 
Diluted net income per common share attributable to Digital Turbine, Inc.
$0.16 $0.35 $0.57