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Shares Used In Computing Diluted Net (Loss) Income Per Share
12 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Shares Used In Computing Diluted Net (Loss) Income Per Share

Note 8 — Shares Used In Computing Diluted Net (Loss) Income Per Share

 

 

 

Fiscal Years Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

 

March 31, 2020

 

 

 

(In thousands)

 

Weighted average:

 

 

 

 

 

 

 

 

 

Common shares outstanding used in calculating basic
   net (loss) income per share attributable to Viasat,
   Inc. common stockholders

 

 

73,397

 

 

 

66,444

 

 

 

61,632

 

Restricted stock units to acquire common stock as
   determined by application of the treasury stock
   method

 

 

 

 

 

170

 

 

 

 

Potentially issuable shares in connection with certain
   terms of the Viasat 401(k) Profit Sharing Plan and
   Employee Stock Purchase Plan

 

 

 

 

 

406

 

 

 

 

Shares used in computing diluted net (loss) income per
   share attributable to Viasat, Inc. common
   stockholders

 

 

73,397

 

 

 

67,020

 

 

 

61,632

 

 

The weighted average number of shares used to calculate basic and diluted net loss per share attributable to Viasat, Inc. common stockholders is the same for the fiscal years ended March 31, 2022 and 2020, as the Company incurred a net loss attributable to Viasat, Inc. common stockholders for such periods and inclusion of potentially dilutive weighted average shares of common stock would be antidilutive. Potentially dilutive weighted average shares excluded from the calculation for fiscal years 2022 and 2020, respectively, consisted of 848,791 and 591,396 shares related to stock options (other than TSR performance stock options), 264,645 and 138,026 shares related to TSR performance stock options, 2,150,449 and 841,890 shares related to restricted stock units, and 417,308 and 446,603 shares related to certain terms of the Viasat 401(k) Profit Sharing Plan and Employee Stock Purchase Plan.

Antidilutive shares excluded from the calculation for the fiscal year ended March 31, 2021 consisted of 1,119,819 shares related to stock options (other than TSR performance stock options), 475,371 shares related to TSR performance stock options and 2,205,085 shares related to restricted stock units.