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NET INCOME PER SHARE
 12 Months Ended
Mar. 31, 2014
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,
 
 
 
 
2012
 
 
2013
 
 
2014
 
 
 
 
$
 
 
$
 
 
$
 
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to Highway Holdings
 
 
 
 
 
 
 
 
 
 
Limited's shareholders, basic and diluted
 
 
184
 
 
448
 
 
596
 
 
 
 
 
 
 
 
 
 
 
 
Shares:
 
 
 
 
 
 
 
 
 
 
Weighted average common shares used in
 
 
 
 
 
 
 
 
 
 
computing basic net income per share
 
 
3,777,850
 
 
3,778,825
 
 
3,778,825
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
Weighted average shares from assumed exercise
 
 
 
 
 
 
 
 
 
 
of stock options and issuance of common shares
 
 
10,452
 
 
2,482
 
 
9,779
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares used in
 
 
 
 
 
 
 
 
 
 
computing diluted net income per share
 
 
3,788,302
 
 
3,781,307
 
 
3,788,604
 
 
 
 
 
 
 
 
 
 
 
 
Net income per share, basic
 
 
0.05
 
 
0.12
 
 
0.16
 
 
 
 
 
 
 
 
 
 
 
 
Net income per share, diluted
 
 
0.05
 
 
0.12
 
 
0.16
 
 
55,000, nil and nil options to purchase common shares were excluded in the computation of 2012, 2013 and 2014 diluted net income per share respectively as their effects were anti-dilutive.