XML 27 R17.htm IDEA: XBRL DOCUMENT
v3.23.1

Earnings Per Share | 6 Months Ended
--- | ---
Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 10. Earnings Per Share Calculations of net 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, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Net loss attributable to Mesa Air Group |  | $ | (35,122 | ) |  | $ | (42,783 | ) |  | $ | (44,211 | ) |  | $ | (57,057 | )
Basic weighted average common shares outstanding |  |  | 39,932 |  |  |  | 36,048 |  |  |  | 38,135 |  |  |  | 36,005 |
Diluted weighted average common shares outstanding |  |  | 39,932 |  |  |  | 36,048 |  |  |  | 38,135 |  |  |  | 36,005 |
Net loss per common share attributable to Mesa Air Group: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.88 | ) |  | $ | (1.19 | ) |  | $ | (1.16 | ) |  | $ | (1.58 | )
Diluted |  | $ | (0.88 | ) |  | $ | (1.19 | ) |  | $ | (1.16 | ) |  | $ | (1.58 | )
Basic income or loss per common share is computed by dividing net income or loss attributable to Mesa Air Group by the weighted average number of common shares outstanding during the period. The number of incremental shares from the assumed issuance of shares relating to restricted stock and exercise of warrants is calculated by applying the treasury stock method. Share-based awards and warrants whose impact is anti-dilutive under the treasury stock method are excluded from the diluted net income or loss per share calculation. In loss periods, these incremental shares are excluded from the calculation of diluted loss per share, as the inclusion of unvested restricted stock and warrants would have an anti-dilutive effect. The following number of weighted-average potentially dilutive shares were excluded from the calculation of diluted net 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, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration