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Shares Used In Computing Diluted Net Income (Loss) Per Share
6 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Shares Used In Computing Diluted Net Income (Loss) Per Share

Note 4 — Shares Used In Computing Diluted Net Income (Loss) Per Share

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

September 30, 2021

 

 

September 30, 2020

 

 

September 30, 2021

 

 

September 30, 2020

 

 

 

(In thousands)

 

Weighted average:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common shares outstanding used in

   calculating basic net income (loss)

   per share attributable to Viasat, Inc.

   common stockholders

 

 

73,544

 

 

 

66,576

 

 

 

72,549

 

 

 

64,554

 

Options to purchase common stock as

   determined by application of the

   treasury stock method

 

 

10

 

 

 

 

 

 

8

 

 

 

 

TSR performance stock options to

   purchase common stock as

   determined by application of the

   treasury stock method

 

 

178

 

 

 

 

 

 

144

 

 

 

 

Restricted stock units to acquire

   common stock as determined by

   application of the treasury stock

   method

 

 

942

 

 

 

132

 

 

 

809

 

 

 

 

Potentially issuable shares in

   connection with certain terms

   of the Viasat 401(k) Profit

   Sharing Plan and Employee Stock

   Purchase Plan

 

 

198

 

 

 

298

 

 

 

352

 

 

 

 

Shares used in computing diluted net

   income (loss) per share attributable

   to Viasat, Inc. common stockholders

 

 

74,872

 

 

 

67,006

 

 

 

73,862

 

 

 

64,554

 

 

Antidilutive shares excluded from the calculation for the three months ended September 30, 2021 and 2020 consisted of 983,561 and 1,221,537 shares related to stock options (other than TSR performance stock options), respectively, no shares related to TSR performance stock options, 848,711 and 2,539,518 shares related to restricted stock units, respectively, and 8,861 and 15,572 shares related to certain terms of the Employee Stock Purchase Plan, respectively. Antidilutive shares excluded from the calculation for the six months ended September 30, 2021 consisted of 971,884 shares related to stock options (other than TSR performance stock options), zero shares related to TSR performance stock options, 917,918 shares related to restricted stock units, and 6,194 shares related to certain terms of the Employee Stock Purchase Plan.

 

The weighted average number of shares used to calculate basic and diluted net loss per share attributable to Viasat, Inc. common stockholders is the same for the six months ended September 30, 2020, as the Company incurred a net loss attributable to Viasat, Inc. common stockholders for such periods and inclusion of potentially dilutive weighted average shares of common stock would be antidilutive. Potentially dilutive weighted average shares excluded from the calculation for the six months ended September 30, 2020 consisted of 1,223,375 shares related to stock options (other than TSR performance stock options), no shares related to TSR performance stock options, 2,623,634 shares related to restricted stock units and 416,650 shares related to certain terms of the Viasat 401(k) Profit Sharing Plan and Employee Stock Purchase Plan.