XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]      
Net sales $ 19,166 $ 19,603 $ 22,935
Cost of sales (12,424) (14,033) (17,007)
Gross profit 6,742 5,570 5,928
Selling, general and administrative expenses (4,804) (4,809) (4,412)
Operating income 1,938 761 1,516
Non-operating income (expense):      
Exchange (loss) gain, net 63 (19) (21)
Interest income 16 8 10
Other income 5 11 2
Gain on disposal of property, plant and equipment 50
Total non-operating (expense) income 134 (9)
Income before income taxes 2,072 761 1,507
Income taxes (note 3) (512) (236) (243)
Net income 1,560 525 1,264
Net (profit) loss attributable to non-controlling interests (10) 2 (13)
Net income attributable to Highway Holdings Limited's shareholders $ 1,550 $ 527 $ 1,251
Net income per share:      
- basic (in dollars per share) $ 0.41 $ 0.14 $ 0.33
- diluted (in dollars per share) $ 0.41 $ 0.14 $ 0.33
Weighted average number of shares outstanding:      
- basic (in shares) 3,801,874 3,801,874 3,801,874
- diluted (in shares) 3,801,874 3,801,874 3,801,874