v3.25.2
Earnings per share (Tables)
 3 Months Ended
Jun. 27, 2025
Earnings Per Share [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The computation of earnings per share and weighted average shares outstanding of the Company’s common stock for the period is presented below:
Three-month periods ended
June 27, 2025June 28, 2024
IncomeWeighted average shares outstandingPer shareIncomeWeighted average shares outstandingPer share
NumeratorDenominatorAmountNumeratorDenominatorAmount
(In thousands, except share and per share amounts)
Basic EPS
Net income attributable to Nextracker Inc. common stockholders$157,183 147,631,000 $1.06 $121,700 142,102,503 $0.86 
Effect of Dilutive Impact
Common stock equivalents from options awards (1)1,438,906 1,387,924 
Common stock equivalents from RSUs (2)1,127,229 1,463,182 
Common stock equivalents from PSUs (3)703,561 1,233,025 
Income attributable to non-controlling interests and common stock equivalent from Class B common stock$— — $3,094 3,046,603 
Diluted EPS
Net income$157,183 150,900,696 $1.04 $124,794 149,233,237 $0.84 
(1)During the three-month periods ended June 27, 2025 and June 28, 2024, approximately 0.9 million and 0.8 million options awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(2)During the three-month periods ended June 27, 2025 and June 28, 2024, approximately 0.4 million and 0.3 million RSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.
(3)During the three-month periods ended June 27, 2025 and June 28, 2024, approximately 0.4 million and 0.7 million PSU awards, respectively, were excluded from the computation of diluted earnings per share due to their anti-dilutive impact on the weighted-average ordinary share equivalents.