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Note 2 - Net Earnings Per Common Share (Tables) | 12 Months Ended
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Mar. 31, 2017
Notes Tables |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
|  | Year Ended March 31, |
|  | 2017 |  |  | 2016 |
Net earnings attributable to Air T, Inc. |  |  |  |  |  |  |  |
Stockholders |  | $ | (3,213,539 | ) |  | $ | 4,413,910 |
Earnings Per Share: |  |  |  |  |  |  |  |
Basic |  | $ | (1.51 | ) |  | $ | 1.86 |
Diluted |  | $ | (1.51 | ) |  | $ | 1.84 |
Weighted Average Shares Outstanding: |  |  |  |  |  |  |  |
Basic |  |  | 2,125,224 |  |  |  | 2,372,527 |
Diluted |  |  | 2,125,224 |  |  |  | 2,396,824 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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