XML 43 R31.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Share and Equity (Tables)
9 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
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 June 30,

 

 

Nine Months Ended June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Net income attributable to Mesa Air Group

 

$

3,419

 

 

$

3,007

 

 

$

16,089

 

 

$

35,337

 

Basic weighted average common shares outstanding

 

 

35,299

 

 

 

34,835

 

 

 

35,154

 

 

 

34,683

 

Add: Incremental shares for: (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive effect of restricted stock

 

 

 

 

 

277

 

 

 

94

 

 

 

368

 

Diluted weighted average common shares outstanding

 

 

35,299

 

 

 

35,112

 

 

 

35,248

 

 

 

35,051

 

Net income per common share attributable to  Mesa Air Group:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.10

 

 

$

0.09

 

 

$

0.46

 

 

$

1.02

 

Diluted

 

$

0.10

 

 

$

0.09

 

 

$

0.46

 

 

$

1.01