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Earnings Per Share (Tables) | 6 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
Calculations of Net Income (Loss) Per Common Share | Calculations of net income (loss) per common share attributable to Mesa Air Group were as follows (in thousands, except per share data):
|  | Three Months Ended March 31, |  |  | Six Months Ended March 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Net income (loss) attributable to Mesa Air Group |  | $ | (42,783 | ) |  | $ | 5,689 |  |  | $ | (57,057 | ) |  | $ | 19,807 |
Basic weighted average common shares outstanding |  |  | 36,048 |  |  |  | 35,628 |  |  |  | 36,005 |  |  |  | 35,579 |
Add: Incremental shares for: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dilutive effect of warrants |  |  | — |  |  |  | 3,038 |  |  |  | — |  |  |  | 2,183 |
Dilutive effect of restricted stock |  |  | — |  |  |  | 766 |  |  |  | — |  |  |  | 620 |
Diluted weighted average common shares outstanding |  |  | 36,048 |  |  |  | 39,432 |  |  |  | 36,005 |  |  |  | 38,382 |
Net income (loss) per common share attributable to Mesa Air Group: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (1.19 | ) |  | $ | 0.16 |  |  | $ | (1.58 | ) |  | $ | 0.56 |
Diluted |  | $ | (1.19 | ) |  | $ | 0.14 |  |  | $ | (1.58 | ) |  | $ | 0.52 |
Number of Weighted-Average Potentially Dilutive Shares Excluded from Calculation of Diluted Net Income (Loss) Per Share | The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted net income (loss) per share because the effect of including such potentially dilutive shares would have been anti-dilutive:
|  | Three Months Ended March 31, |  |  | Six Months Ended March 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Warrants |  |  | 818 |  |  |  | — |  |  |  | 1,671 |  |  |  | — |
Restricted stock |  |  | 84 |  |  |  | — |  |  |  | 235 |  |  |  | — |
|  |  | 902 |  |  |  | — |  |  |  | 1,906 |  |  |  | — |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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