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Earnings (Loss) Per Share (Tables)
 6 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share are calculated using the following numerators and denominators:

 

 

 

Three months ended

 

 

Six months ended

 

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Basic (loss) earnings per share computation

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to common shareholders of
   Canopy Growth

 

$

(221,806

)

 

$

(11,058

)

 

$

(2,304,954

)

 

$

381,360

 

Weighted average number of common shares outstanding

 

 

471,592,150

 

 

 

393,274,758

 

 

 

435,229,653

 

 

 

388,696,975

 

Basic (loss) earnings per share

 

$

(0.47

)

 

$

(0.03

)

 

$

(5.30

)

 

$

0.98

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted (loss) earnings per share computation

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income used in the computation of basic (loss)
   earnings per share

 

$

(221,806

)

 

$

(11,058

)

 

$

(2,304,954

)

 

$

381,360

 

Numerator adjustments for diluted (loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Adjustment to net loss attributable to noncontrolling
   interests and redeemable noncontrolling interest

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(8,323

)

Removal of fair value changes on unsecured senior notes

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(80,736

)

Adjustment to interest expense on Supreme Cannabis
   convertible debentures

 

 

-

 

 

 

-

 

 

 

-

 

 

 

667

 

Net (loss) income used in the computation of diluted (loss)
   earnings per share

 

$

(221,806

)

 

$

(11,058

)

 

$

(2,304,954

)

 

$

292,968

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding
   used in the computation of basic (loss) earnings per share

 

 

471,592,150

 

 

 

393,274,758

 

 

 

435,229,653

 

 

 

388,696,975

 

Denominator adjustments for diluted (loss) earnings per
   share:

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive impact of assumed exercise or conversion of:

 

 

 

 

 

 

 

 

 

 

 

 

Unsecured senior notes

 

 

-

 

 

 

-

 

 

 

-

 

 

 

12,454,620

 

Redeemable noncontrolling interest

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,501,512

 

Stock options

 

 

-

 

 

 

-

 

 

 

-

 

 

 

923,961

 

Other securities

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,581,847

 

Weighted average number of common shares for
   computation of diluted (loss) earnings per share

 

 

471,592,150

 

 

 

393,274,758

 

 

 

435,229,653

 

 

 

409,158,915

 

Diluted (loss) earnings per share1

 

$

(0.47

)

 

$

(0.03

)

 

$

(5.30

)

 

$

0.72

 

 

1 In computing diluted earnings per share, incremental common shares are not considered in periods in which a net loss is reported, as the inclusion of the common share equivalents would be anti-dilutive.