EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of earnings per common share is as follows (in thousands, except per share data):

	Year Ended March 31,
	2020		2019
Net income from continuing operations	$	3,168	$	4,207
Net income from continuing operations attributable to non-controlling interests	(3,577)		(1,861)
Net (loss) income from continuing operations attributable to Air T, Inc. Stockholders	(409)		2,346
(Loss) income from continuing operations per share:
Basic	$	(0.15)	$	0.77
Diluted	$	(0.15)	$	0.77
Antidilutive shares Excluded from Computation of income (loss) per share from continuing operations (in shares)	7		—
Loss from discontinued operations, net of tax	(114)		(1,006)
Gain on sale of discontinued operations, net of tax	8,179		—
Gain (loss) from discontinued operations attributable to Air T, Inc. stockholders	8,065		(1,006)
Income (loss) from discontinued operations per share:
Basic	$	2.89	$	(0.33)
Diluted	$	2.88	$	(0.33)
Antidilutive shares Excluded from Computation of income (loss) per share from discontinued operations (in shares)	—		8
Income per share:
Basic	$	2.74	$	0.44
Diluted	$	2.73	$	0.44
Antidilutive shares Excluded from Computation of income (loss) per share (in shares)	—		—
Weighted Average Shares Outstanding:
Basic	2,791		3,052
Diluted	2,798		3,060