XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.5.0.2

25. EARNINGS PER SHARE | 12 Months Ended
--- | ---
Jun. 30, 2016
Notes to Financial Statements |
EARNINGS PER SHARE (IN THOUSANDS, EXCEPT EARNINGS PER SHARE AND NUMBER OF SHARES) | The Company adopted ASC Topic 260, Earnings Per Share. Basic earnings per share (“EPS”) are computed by dividing net income available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period. Diluted EPS give effect to all dilutive potential common shares outstanding during a period. In computing diluted EPS, the average price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options and warrants. Options to purchase 366,250 shares of Common Stock at exercise prices ranging from $2.07 to $3.26 per share were outstanding as of June 30, 2016. All the other outstanding options were excluded in the computation of diluted EPS for fiscal year 2016 since they were anti-dilutive. Options to purchase 430,000 shares of Common Stock at exercise prices ranging from $3.10 to $4.35 per share were outstanding as of June 30, 2015. All the outstanding options were excluded in the computation of diluted EPS for fiscal year 2015 since they were anti-dilutive. The following table is a reconciliation of the weighted average shares used in the computation of basic and diluted EPS for the years presented herein:
|  |  | For the Year Ended June 30, |
|  |  | 2016 |  |  |  | 2015 |
Income attributable to Trio-Tech International common shareholders from continuing operations, net of tax |  | $ | 788 |  |  | $ | 517 |
Income / (loss) attributable to Trio-Tech International common shareholders from discontinued operations, net of tax |  | $ | (9 | ) |  | $ | 4 |
Net income attributable to Trio-Tech International common shareholders |  | $ | 779 |  |  | $ | 521 |
Weighted average number of common shares outstanding - basic |  |  | 3,513 |  |  |  | 3,513 |
Dilutive effect of stock options |  |  | 22 |  |  |  | 16 |
Number of shares used to compute earnings per share - diluted |  |  | 3,535 |  |  |  | 3,529 |
Basic and diluted earnings per share from continuing operations attributable to Trio-Tech International |  | $ | 0.22 |  |  | $ | 0.15 |
Basic and diluted earnings per share from discontinued operations attributable to Trio-Tech International |  | $ | - |  |  | $ | - |
Basic and diluted earnings per share from net income attributable to Trio-Tech International |  | $ | 0.22 |  |  | $ | 0.15 |

X
- References No definition available. + Details
Name: | TRT_NotesToFinancialStatementsAbstract
Namespace Prefix: | TRT_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64863997&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=65016374&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration