EARNINGS PER SHARE

12 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

EARNINGS PER SHARE

EARNINGS PER SHARE

The following table sets forth the reconciliation of the numerator and the denominator of basic and diluted earnings per share for the years ended March 31, 2023, 2022 and 2021:

	March 31,
(amounts in thousands, except per share data)	2023		2022		2021
Net income	$	96,574	$	67,319	$	40,099
Income attributable to redeemable noncontrolling interest	(139)		(934)		—
Net income attributable to CSW Industrials, Inc.	$	96,435	$	66,385	$	40,099
Weighted average shares:
Common stock	15,401		15,646		14,919
Participating securities	108		109		96
Denominator for basic earnings per common share	15,509		15,755		15,015
Potentially dilutive securities	37		52		111
Denominator for diluted earnings per common share	15,546		15,807		15,126
Basic earnings per common share:	$	6.22	$	4.21	$	2.67
Diluted earnings per common share:	$	6.20	$	4.20	$	2.65