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Shares Used In Computing Diluted Net (Loss) Income Per Share
12 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Shares Used In Computing Diluted Net (Loss) Income Per Share

Note 7 — Shares Used In Computing Diluted Net (Loss) Income Per Share

 

 

 

Fiscal Years Ended

 

 

 

March 31, 2018

 

 

March 31, 2017

 

 

March 31, 2016

 

 

 

(In thousands)

 

Weighted average:

 

 

 

 

 

 

 

 

 

 

 

 

Common shares outstanding used in calculating basic

   net (loss) income per share attributable to Viasat,

   Inc. common stockholders

 

 

58,438

 

 

 

52,318

 

 

 

48,464

 

Options to purchase common stock as determined by

   application of the treasury stock method

 

 

 

 

 

246

 

 

 

281

 

TSR performance options to purchase common stock

   as determined by application of the treasury stock

   method

 

 

 

 

*

 

 

*

 

Restricted stock units to acquire common stock as

   determined by application of the treasury stock

   method

 

 

 

 

 

658

 

 

 

533

 

Potentially issuable shares in connection with certain

   terms of the ViaSat 401(k) Profit Sharing Plan and

   Employee Stock Purchase Plan

 

 

 

 

 

174

 

 

 

167

 

Shares used in computing diluted net (loss) income per

   share attributable to Viasat, Inc. common

   stockholders

 

 

58,438

 

 

 

53,396

 

 

 

49,445

 

 

*

The Company began granting TSR performance stock options to executive officers in the third quarter of fiscal year 2018 (see Note 6).

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 fiscal year ended 2018, as the Company incurred a net loss attributable to Viasat, Inc. common stockholders for such period and inclusion of potentially dilutive weighted average shares of common stock would be antidilutive. Potentially dilutive weighted average shares of common stock excluded from the calculation for fiscal year ended 2018 were 1,358,275 relating to stock options (other than TSR performance stock options), 175,598 relating to TSR performance stock options, 1,053,649 relating to restricted stock units, and 193,608 relating to certain terms of the ViaSat 401(k) Profit Sharing Plan and Employee Stock Purchase Plan, respectively.

Antidilutive shares relating to stock options excluded from the calculation comprised 582,315 and 810,231 shares for the fiscal years ended March 31, 2017 and March 31, 2016, respectively. Antidilutive shares relating to restricted stock units excluded from the calculation comprised 24 and 4,138 for the fiscal years ended March 31, 2017 and March 31, 2016, respectively.