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EARNINGS PER SHARE
 12 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 13. EARNINGS PER SHARE

The following table sets forth the computation for basic and diluted earnings per share (EPS):

 
  
Year Ended June 30,
  
(dollars in thousands, except per share data)
  
2017
    
2016
    
2015
  
Net Loss
                  
Loss from continuing operations
  
$
(544
)
  
$
(3,685
)
  
$
(3,895
)
Less:  Income (loss) attributable to non-controlling interest in subsidiary
    
(31
)
    
(28
)
    
54
  
Loss from continuing operations attributable to U.S. Global Investors, Inc.
    
(513
)
    
(3,657
)
    
(3,949
)
Loss from discontinued operations attributable to U.S. Global Investors, Inc.
    
-
      
(18
)
    
(81
)
Net loss attributable to U.S. Global Investors, Inc.
  
$
(513
)
  
$
(3,675
)
  
$
(4,030
)
 
                        
Weighted average number of outstanding shares
                        
     Basic
    
15,212,008
      
15,294,893
      
15,399,831
  
Effect of dilutive securities
                        
     Employee stock options
    
-
      
-
      
-
  
     Diluted
    
15,212,008
      
15,294,893
      
15,399,831
  
 
                        
Net loss per share attributable to U.S. Global Investors, Inc.
                        
Basic
                        
Loss from continuing operations
  
$
(0.03
)
  
$
(0.24
)
  
$
(0.25
)
Loss from discontinued operations
    
-
      
-
      
(0.01
)
Net loss attributable to U.S. Global Investors, Inc.
  
$
(0.03
)
  
$
(0.24
)
  
$
(0.26
)
Diluted
                        
Loss from continuing operations
  
$
(0.03
)
  
$
(0.24
)
  
$
(0.25
)
Loss from discontinued operations
    
-
      
-
      
(0.01
)
Net loss attributable to U.S. Global Investors, Inc.
  
$
(0.03
)
  
$
(0.24
)
  
$
(0.26
)

The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period. For the years ended June 30, 2017, 2016, and 2015, employee stock options for 2,000; 2,000; and 22,000 shares were excluded from diluted EPS.

During fiscal years 2017, 2016, and 2015, the Company repurchased class A shares on the open market. Repurchased shares are classified as treasury shares and are deducted from outstanding shares in the earnings per share calculation.