Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE

v3.24.0.1
EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per common share is computed by dividing income available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share excludes options to purchase common shares and restricted stock units and awards which were outstanding during the period but were anti-dilutive. The following table shows the computation of basic and diluted earnings per share (in thousands, except and per share amounts):
Twelve Months Ended December 31, 2023 Nine Months Ended December 31, 2022 Twelve Months Ended March 31, 2022
Income (loss):
Net income (loss) attributable to Bristow Group Inc. $ (6,780) $ 13,528  $ (15,791)
Shares of common stock:
Weighted average shares of common stock outstanding – basic 28,139  28,066  28,533 
Net effect of dilutive stock —  508  — 
Weighted average shares of common stock outstanding – diluted(1)
28,139  28,574  28,533 
Earnings (losses) per common share - basic $ (0.24) $ 0.48  $ (0.55)
Earnings (losses) per common share - diluted $ (0.24) $ 0.47  $ (0.55)
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(1)Excludes weighted average common shares of 1,920,901 for the twelve months ended December 31, 2023, 1,276,783 for the nine months ended December 31, 2022 and 1,573,745 for the twelve months ended March 31, 2022, for certain share awards as the effect of their inclusion would have been antidilutive.