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Loss Per Share (Tables)
6 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Loss Per Share
The following summarizes the computation of (loss) earnings per share:

SuccessorPredecessor
(in thousands, except per share data)One month ended September 30, 2020Two months ended August 31, 2020Three months ended September 30, 2019
Basic (loss) earnings per share:
Net (loss) income attributable to Pyxus International, Inc.$(5,313)$111,198 $(16,518)
Shares:
Weighted average number of shares outstanding(1)
25,000 9,976 9,144 
Basic (loss) earnings per share$(0.21)$11.15 $(1.81)
Diluted (loss) earnings per share:
Net (loss) income attributable to Pyxus International, Inc.$(5,313)$111,198 $(16,518)
Shares:
Weighted average number of shares outstanding(1)
25,000 9,976 9,144 
Plus: Restricted shares issued and shares applicable to stock options and restricted stock units, net of shares assumed to be purchased from proceeds at average market price(2)
— 23 — 
Adjusted weighted average number of shares outstanding25,000 9,999 9,144 
Diluted (loss) earnings per share$(0.21)$11.12 $(1.81)
(1) 0, 0, and 785 shares of common stock were owned by a wholly owned subsidiary as of August 31, 2020 and September 30, 2020 and 2019, respectively.
(2) Outstanding restricted shares, shares applicable to stock options, and restricted stock units are excluded because their inclusion would have an antidilutive effect on the loss per share. The dilutive shares would have been 20 for the three months ended September 30, 2019.
SuccessorPredecessor
(in thousands, except per share data)One month ended September 30, 2020Five months ended August 31, 2020Six months ended September 30, 2019
Basic (loss) earnings per share:
Net (loss) income attributable to Pyxus International, Inc.$(5,313)$19,037 $(78,315)
Shares:
Weighted average number of shares outstanding(1)
25,000 9,976 9,123 
Basic (loss) earnings per share$(0.21)$1.91 $(8.58)
Diluted (loss) earnings per share:
Net (loss) income attributable to Pyxus International, Inc.$(5,313)$19,037 $(78,315)
Shares:
Weighted average number of shares outstanding(1)
25,000 9,976 9,123 
Plus: Restricted shares issued and shares applicable to stock options and restricted stock units, net of shares assumed to be purchased from proceeds at average market price(2)
— 16 — 
Adjusted weighted average number of shares outstanding25,000 9,992 9,123 
Diluted (loss) earnings per share$(0.21)$1.91 $(8.58)
(1) 0, 0, and 785 shares of common stock were owned by a wholly owned subsidiary as of August, 31, 2020 and September 30, 2020 and 2019, respectively.
(2) Outstanding restricted shares, shares applicable to stock options, and restricted stock units are excluded because their inclusion would have an antidilutive effect on the loss per share. The dilutive shares would have been 39 for the six months ended September 30, 2019.
Schedule of Antidilutive Securities excluded from Computation of Earnings (Loss) per Share The number of potential shares outstanding that were considered antidilutive and that were excluded from the computation of diluted loss per share, weighted for the portion of the period they were outstanding were as follows:
SuccessorPredecessor
One month ended September 30, 2020Two months ended August 31, 2020Three months ended September 30, 2019
Antidilutive stock options and other awards— 427 450 
Weighted average exercise price$— $56.86 $56.98 

SuccessorPredecessor
One month ended September 30, 2020Five months ended August 31, 2020Six months ended September 30, 2019
Antidilutive stock options and other awards— 427 430 
Weighted average exercise price$— $56.86 $59.63