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NET INCOME PER SHARE
 12 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
14. NET INCOME PER SHARE

 

The following table sets forth the computation of basic and diluted net income per share for years indicated:

 

    Year ended March 31,  
    2010     2011     2012  
    $     $     $  
Net income attributable to Highway Holdings Limited's shareholders, basic and diluted     420       1,650       184  
                         
Shares:                        
Weighted average common shares used in computing basic net income per share     3,754,988       3,765,276       3,777,850  
                         
Effect of dilutive securities:                        
Weighted average shares from assumed exercise of stock options and issuance of common shares     2,908       11,420       10,452  
                         
Weighted average common shares used in computing diluted net income per share     3,757,896       3,776,696       3,788,302  
                         
Net income per share, basic     0.11       0.44       0.05  
                         
Net income per share, diluted     0.11       0.44       0.05  

 

164,500, 95,000 and 55,000 options to purchase common shares were excluded in the computation of 2010, 2011 and 2012 diluted net income per share respectively as their effects were anti-dilutive.