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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Net sales $ 22,373 $ 22,936 $ 21,933
Cost of sales (16,656) (17,484) (17,029)
Gross profit 5,717 5,452 4,904
Selling, general and administrative expenses (4,446) (4,659) (4,549)
Operating income 1,271 793 355
Non-operating income (expense):      
Exchange gain (loss), net (125) (31) (27)
Interest expense 0 (1) (9)
Interest income 18 17 14
Other income 3 12 0
Gain (loss) on disposal of property, plant and equipment 110 (23) 78
Total non-operating income (expense) 6 (26) 56
Income before income taxes 1,277 767 411
Income taxes (note 3) (134) (172) 37
Net income 1,143 595 448
Less: Net loss attributable to non-controlling interests (7) (1) 0
Net income attributable to Highway Holdings Limited's shareholders $ 1,150 $ 596 $ 448
Net income per share:      
- basic (in dollars per share) $ 0.3 $ 0.16 $ 0.12
- diluted (in dollars per share) $ 0.3 $ 0.16 $ 0.12
Weighted average number of shares outstanding:      
- basic (in shares) 3,786,542 3,778,825 3,778,825
- diluted (in shares) 3,794,801 3,788,604 3,781,307