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Net Earnings Per Share (Tables)
 3 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The computation of basic and diluted earnings per common share is as follows:
 
Three Months Ended June 30,
 
2019
 
2018
Net Income Attributable to Air T, Inc. Stockholders
$
1,782,352

 
$
2,828,694

Income Per Share:
 
 
 
Basic
$
0.79

 
$
0.92

Diluted
$
0.79

 
$
0.92

Weighted Average Shares Outstanding:
 
 
 
Basic
2,252,698

 
3,065,411

Diluted
2,256,868

 
3,074,547
Schedule of Weighted Average Number of Shares
With respect to our March 31, 2019 Annual Report on Form 10-K, the effect of the stock split on per share amounts and weighted average common shares outstanding for each of the two fiscal years ended March 31, 2019 and March 31, 2018 are as follows:

 
 
Fiscal year ended
 
 
2019
 
2018
Net Income Attributable to Air T, Inc. Shareholders
 
1,339,995

 
2,277,109

 
 
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding
 
 
 
 
Basic
 
3,052,124

 
3,064,209

 
 
 
 
 
Diluted
 
3,059,838

 
3,071,528

 
 
 
 
 
Basic earnings per common share
 
$
0.44

 
$
0.74

 
 
 
 
 
Diluted earnings per common share
 
$
0.44

 
$
0.74