Earnings per Share

3 Months Ended

Jun. 30, 2021

Basic net income per common share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period.

Diluted net income per common share is calculated by dividing net income by the weighted-average number of shares of common stock outstanding during the period and including the dilutive effects of employee stock-based awards outstanding during the period.

The following table sets forth the computation of basic and diluted net income per share of common stock (in thousands, except per share amounts):


	Three months ended June 30,
	2021		2020
Net income	14,253		9,940
Less: net loss attributable to non-controlling interest	(31)		—
Net income attributable to Digital Turbine, Inc.	$	14,284	$	9,940
Weighted-average common shares outstanding, basic	91,585		87,386
Basic net income per common share attributable to Digital Turbine, Inc.	$	0.16	$	0.11
Weighted-average common shares outstanding, diluted	98,822		93,108
Diluted net income per common share attributable to Digital Turbine, Inc.	$	0.14	$	0.11