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NET INCOME PER SHARE
 12 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
15. 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,  
    2011     2012     2013  
    $     $     $  
Net income attributable to Highway Holdings                  
   Limited's shareholders, basic and diluted     1,650       184       448  
Shares:                        
  Weighted average common shares used in                        
    computing basic net income per share     3,765,276       3,777,850       3,778,825  
                         
Effect of dilutive securities:                        
  Weighted average shares from assumed exercise                        
    of stock options and issuance of common shares     11,420       10,452       2,482  
Weighted average common shares used in                        
  computing diluted net income per share     3,776,696       3,788,302       3,781,307  
                         
Net income per share, basic     0.44       0.05       0.12  
                         
Net income per share, diluted     0.44       0.05       0.12  

 

95,000, 55,000 and nil options to purchase common shares were excluded in the computation of 2011, 2012 and 2013 diluted net income per share respectively as their effects were anti-dilutive.