Bristow Group Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2023

Basic earnings per common share is computed by dividing income available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share excludes options to purchase common stock and restricted stock units and awards which were outstanding during the period but were anti-dilutive. The following table shows the computation of basic and diluted earnings per share (in thousands, except per share amounts):


	Three Months Ended March 31,
	2023		2022
Income (loss):
Net loss attributable to Bristow Group Inc.	$	(1,522)	$	(4,313)


Shares of common stock:
Weighted average shares of common stock outstanding – basic	27,983		28,222


Weighted average shares of common stock outstanding – diluted(1)	27,983		28,222

Losses per common share - basic	$	(0.05)	$	(0.15)
Losses per common share - diluted	$	(0.05)	$	(0.15)

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(1)Excludes weighted average shares of common stock of 1,898,771 and 1,620,849 for the three months ended March 31, 2023 and 2022, respectively, for certain share awards as the effect of their inclusion would have been antidilutive.