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Earnings Per Share and Equity (Tables)
 3 Months Ended
Dec. 31, 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 December 31,

 

 

 

 

2020

 

 

2019

 

 

Net income attributable to Mesa Air Group

 

$

14,118

 

 

$

10,785

 

 

Basic weighted average common shares outstanding

 

 

35,531

 

 

 

35,023

 

 

Add: Incremental shares for:

 

 

 

 

 

 

 

 

 

Dilutive share adjustment - UST Warrant

 

 

800

 

 

 

—

 

 

Dilutive share adjustment - Restricted Shares

 

 

316

 

 

 

159

 

 

Diluted weighted average common shares outstanding

 

 

36,647

 

 

 

35,182

 

 

Net income per common share attributable to  Mesa Air Group:

 

 

 

 

 

 

 

 

 

Basic

 

$

0.40

 

 

$

0.31

 

 

Diluted

 

$

0.39

 

 

$

0.31