EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Mar. 31, 2022

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


	Year Ended March 31,
	2022		2021
Net income (loss) from continuing operations	$	12,227	$	(8,394)
Net (income) loss from continuing operations attributable to non-controlling interests	(1,299)		1,113
Net income (loss) from continuing operations attributable to Air T, Inc. Stockholders	10,928		(7,281)

Income (loss) from continuing operations per share:
Basic	$	3.79	$	(2.53)
Diluted	$	3.78	$	(2.53)
Antidilutive shares excluded from computation of income (loss) per share from continuing operations	—		6

Gain on sale of discontinued operations, net of tax	—		4
Gain from discontinued operations attributable to Air T, Inc. stockholders	—		4

Income from discontinued operations per share:
Basic	$	—	$	—
Diluted	$	—	$	—
Antidilutive shares excluded from computation of income per share from discontinued operations	—		—

Income (loss) per share:
Basic	$	3.79	$	(2.53)
Diluted	$	3.78	$	(2.53)
Antidilutive shares excluded from computation of income (loss) per share	—		6

Weighted Average Shares Outstanding:
Basic	2,880		2,882
Diluted	2,888		2,882