v3.23.1
Earnings Per Share (Tables)
12 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Summary of Computation of Earnings Per Share And Weighted Average Shares Outstanding
The computation of earnings per share and weighted average shares outstanding of the Company’s common stock for the period is presented below:
 

 
  
February 9, 2023 - March 31, 2023
 
(in thousands except share and per share amounts)
  
Income
Numerator
 
  
Weighted
average
shares
outstanding
Denominator
 
  
Per
Share
Amount
 
BASIC EPS
                          
Net income available to Nextracker Inc. common stockholders
   $ 1,143        45,886,065      $ 0.02  
    
 
 
    
 
 
    
 
 
 
Effect of Dilutive impact
                          
Common stock equivalents from Options awards
              377,316           
Common stock equivalents from RSUs
              1,291,346           
Common stock equivalents from PSUs
              92,388           
Income attributable to
non-controlling
interests and common stock equivalent from Class B common stock
   $ 2,446        98,204,522           
    
 
 
    
 
 
          
DILUTED EPS
                          
Net income available to Nextracker Inc. common stockholders
   $ 3,589        145,851,637      $ 0.02