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EARNINGS PER COMMON SHARE | 12 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
EARNINGS PER COMMON SHARE | EARNINGS PER COMMON SHARE Basic earnings per share has been calculated by dividing net income (loss) attributable to Air T, Inc. stockholders by the weighted average number of common shares outstanding during each period. For purposes of calculating diluted earnings per share, shares issuable under stock options were considered potential common shares and were included in the weighted average common shares unless they were anti-dilutive. The computation of earnings per common share is as follows (in thousands, except per share data):
| Year Ended March 31,
| 2023 |  | 2022
Net (loss) income from operations | $ | (11,785) |  |  | $ | 12,227 |
Net income from operations attributable to non-controlling interests | (510) |  |  | (1,299) |
Net (loss) income from operations attributable to Air T, Inc. Stockholders | (12,295) |  |  | 10,928 |
(Loss) income from operations per share: |  |  |
Basic | $ | (4.32) |  |  | $ | 3.79 |
Diluted | $ | (4.32) |  |  | $ | 3.78 |
Antidilutive shares excluded from computation of (loss) income per share | 5 |  |  | — |
Weighted Average Shares Outstanding: |  |  |
Basic | 2,847 |  | 2,880
Diluted | 2,847 |  | 2,888

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -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 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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