XML 42 R30.htm IDEA: XBRL DOCUMENT v3.22.1

Earnings Per Share (Tables)

6 Months Ended

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				—

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration