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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2010
Net sales $ 25,370 $ 31,147 $ 21,739
Cost of sales (20,249) (24,594) (17,039)
Gross profit 5,121 6,553 4,700
Selling, general and administrative expenses (4,891) (4,827) (4,369)
Operating income 230 1,726 331
Non-operating income (expense):      
Exchange gain (loss), net 126 (7) 173
Interest expense (24) (57) (47)
Interest income 4 3 6
Other income 34 49 46
Gain on disposal of subsidiaries 0 37 0
Impairment loss on property, plant and equipment 0 0 (97)
Impairment loss on investment in equity method investees 0 0 (2)
Total non-operating income 140 25 79
Income before income taxes 370 1,751 410
Income taxes (note 3) (186) (123) (10)
Net income 184 1,628 400
Net loss attributable to non-controlling interests 0 22 20
Net income attributable to Highway Holdings Limited shareholders 184 1,650 420
Net income per share:      
- basic (in dollars per share) $ 0.05 $ 0.44 $ 0.11
- diluted (in dollars per share) $ 0.05 $ 0.44 $ 0.11
Weighted average number of shares outstanding:      
- basic (in shares) 3,777,850 3,765,276 3,754,988
- diluted (in shares) 3,788,302 3,776,696 3,757,896
Share-based compensation expenses during the related periods included in: Selling, general and administrative expenses $ 0 $ 75 $ 39