Earnings Per Share and Equity (Tables)

3 Months Ended

Dec. 31, 2019

Calculations of Net Income Per Common Share

Calculations of net income per common share attributable to Mesa Air Group were as follows (in thousands, except per share data):

	Three Months Ended December 31,
	2019		2018
Net income attributable to Mesa Air Group	$	10,785	$	19,081
Basic weighted average common shares outstanding		35,023		34,518
Add: Incremental shares for:
Dilutive effect of restricted stock		159		595
Diluted weighted average common shares outstanding		35,182		35,113
Net income per common share attributable to Mesa Air Group:
Basic	$	0.31	$	0.55
Diluted	$	0.31	$	0.54

Summary of Basic and Diluted Net Income per Common Share Available to Common Shareholders

The restatement adjustment did not impact our previously reported consolidated balance sheet, consolidated statements of stockholders’ equity, consolidated statements of cash flows, or net income (in thousands, except per share data).

	Three Months Ended December 31, 2018
	As Previously Reported		As Restated
Net income per common share available to common shareholders - Basic	$	0.80	$	0.55
Shares used in computing net income per common share available to common shareholders - Basic		23,903		34,518
Net income per common share available to common shareholders - Diluted	$	0.55	$	0.54
Shares used in computing net income per common share available to common shareholders - Diluted		34,821		35,113