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NET INCOME PER SHARE
 12 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
12.
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,
 
 
 
2013
 
2014
 
2015
 
 
 
$
 
$
 
$
 
Net income attributable to Highway Holdings Limited's shareholders, basic and diluted
 
 
448
 
 
596
 
 
1,150
 
 
 
 
 
 
 
 
 
 
 
 
Shares:
 
 
 
 
 
 
 
 
 
 
Weighted average common shares used in computing basic net income per share
 
 
3,778,825
 
 
3,778,825
 
 
3,786,542
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
Weighted average shares from assumed exercise of stock options and issuance of common shares
 
 
2,482
 
 
9,779
 
 
8,259
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares used in computing diluted net income per share
 
 
3,781,307
 
 
3,788,604
 
 
3,794,801
 
 
 
 
 
 
 
 
 
 
 
 
Net income per share, basic
 
 
0.12
 
 
0.16
 
 
0.30
 
 
 
 
 
 
 
 
 
 
 
 
Net income per share, diluted
 
 
0.12
 
 
0.16
 
 
0.30
 
 
No option to purchase common shares was excluded in the computation of 2013 and 2014 diluted net income per share as the effect was anti-dilutive. No share option is outstanding for the year ended March 31, 2015.