Net Earnings (Loss) Per Share (Tables)

9 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computation of basic and diluted earnings per common share is as follows (in thousands, except for per share figures):

	Three Months Ended December 31,				Nine Months Ended December 31,
	2021		2020		2021		2020
Net (loss) income from continuing operations	$	(1,189)	$	1,763	$	7,141	$	(2,550)
Net (income) loss from continuing operations attributable to non-controlling interests	(73)		335		(559)		884
Net (loss) income from continuing operations attributable to Air T, Inc. Stockholders	(1,262)		2,098		6,582		(1,666)
(Loss) Income from continuing operations per share:
Basic	$	(0.44)	$	0.73	$	2.28	$	(0.58)
Diluted	$	(0.44)	$	0.73	$	2.28	$	(0.58)
Antidilutive shares excluded from computation of loss per share from continuing operations	11		—		—		5
Gain on sale of discontinued operations, net of tax	—		—		—		4
Income from discontinued operation attributable to Air T, Inc. stockholders	—		—		—		4
Income from discontinued operations per share:
Basic	$	—	$	—	$	—	$	—
Diluted	$	—	$	—	$	—	$	—
(Loss) Income per share:
Basic	$	(0.44)	$	0.73	$	2.28	$	(0.58)
Diluted	$	(0.44)	$	0.73	$	2.28	$	(0.58)
Antidilutive shares excluded from computation of loss per share	11		—		—		5
Weighted Average Shares Outstanding:
Basic	2,882		2,882		2,882		2,882
Diluted	2,882		2,887		2,893		2,882