2.4.0.8023 - Disclosure - Earnings Per Sharetruefalsefalse1false falsefalseContext_FYE__30-Jun-2013http://www.sec.gov/CIK0001362718duration2012-07-01T00:00:002013-06-30T00:00:001true 1us-gaap_EarningsPerShareAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Earnings Per Share [Abstract]2false 2us-gaap_EarningsPerShareTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1falsefalsefalse00<div align="justify" style="margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">Note 16 – Earnings Per Share</div> <div style="display: block; text-indent: 0pt;"> </div> <div align="justify" style="margin-left: 27pt; display: block; margin-right: 0pt; text-indent: 0pt;">The Company presents earnings per share (“EPS”) on a basic and diluted basis. Basic earnings per share have been computed by dividing net earnings by the weighted average number of common shares outstanding. Diluted earnings per share has been computed by dividing net earnings plus convertible preferred dividends and interest expense (after-tax) on convertible debt by the weighted average number of common shares outstanding including the dilutive effect of equity securities. The weighted average number of common shares calculated for Diluted EPS excludes the potential common stock that would be exercised under the options and warrants granted to officers because the inclusion of the potential shares from these options and warrants would cause an antidilutive effect by increasing the net earnings per share.</div> <div align="justify" style="margin-left: 27pt; display: block; margin-right: 0pt; text-indent: 0pt;"> </div> <div align="justify" style="margin-left: 27pt; display: block; margin-right: 0pt; text-indent: 0pt;">  <table style="width: 90%; font-family: times new roman; font-size: 10pt;" cellspacing="0" cellpadding="0"> <tr> <td width="73%" valign="bottom" style="padding-bottom: 2px;"> </td> <td width="1%" valign="bottom" style="padding-bottom: 2px;"> </td> <td width="11%" valign="bottom" style="border-bottom: black 2px solid; text-align: center; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt;" colspan="2"> <div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">June 30, 2013</div> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"> </td> <td width="1%" valign="bottom" style="padding-bottom: 2px;"> </td> <td width="11%" valign="bottom" style="border-bottom: black 2px solid; text-align: center; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt;" colspan="2"> <div style="text-align: center; margin-left: 0pt; display: block; margin-right: 0pt; text-indent: 0pt;">June 30, 2012</div> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"> </td> </tr> <tr> <td width="73%" valign="bottom">  </td> <td width="1%" valign="bottom"> </td> <td width="11%" valign="bottom" colspan="2"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="11%" valign="bottom" colspan="2"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Net income attributed to Tianyin</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;">$</td> <td width="10%" valign="bottom" style="text-align: right;">6,672,151</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;">$</td> <td width="10%" valign="bottom" style="text-align: right;">6,358,690</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom">  (numerator for diluted income per share)</td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom" style="padding-bottom: 2px;"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Less: Dividend attributable to preferred stockholders</div> </td> <td width="1%" valign="bottom" style="padding-bottom: 2px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 2px solid; text-align: left;"> </td> <td width="10%" valign="bottom" style="border-bottom: black 2px solid; text-align: right;">-</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"> </td> <td width="1%" valign="bottom" style="padding-bottom: 2px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 2px solid; text-align: left;"> </td> <td width="10%" valign="bottom" style="border-bottom: black 2px solid; text-align: right;">-</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom">  </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Net income attributable to common stockholders</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> $</td> <td width="10%" valign="bottom" style="text-align: right;">6,672,151</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;">$</td> <td width="10%" valign="bottom" style="text-align: right;">6,358,690</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">  (numerator for basic income per share)</div> </td> <td width="1%" valign="bottom"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom">  </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Weighted average common shares</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;">29,341,695</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;">29,308,442</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">  (denominator for basic income per share)</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom">  </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Effect of diluted securities:</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">  Convertible preferred stock</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;">-</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;">-</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom" style="padding-bottom: 2px;"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">   Warrants</div> </td> <td width="1%" valign="bottom" style="padding-bottom: 2px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 2px solid; text-align: left;"> </td> <td width="10%" valign="bottom" style="border-bottom: black 2px solid; text-align: right;">-</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"> </td> <td width="1%" valign="bottom" style="padding-bottom: 2px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 2px solid; text-align: left;"> </td> <td width="10%" valign="bottom" style="border-bottom: black 2px solid; text-align: right;">-</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 2px; text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom">  </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Weighted average common shares</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;">29,341,695</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;">29,308,442</td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">  (denominator for diluted income per share)</div> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom">  </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> <td width="1%" valign="bottom"> </td> <td width="1%" valign="bottom" style="text-align: left;"> </td> <td width="10%" valign="bottom" style="text-align: right;"> </td> <td width="1%" nowrap="nowrap" valign="bottom" style="text-align: left;"> </td> </tr> <tr bgcolor="#cceeff"> <td width="73%" valign="bottom" style="padding-bottom: 4px;"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Basic net income per share</div> </td> <td width="1%" valign="bottom" style="padding-bottom: 4px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 4px double; text-align: left;">$</td> <td width="10%" valign="bottom" style="border-bottom: black 4px double; text-align: right;">0.23</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 4px; text-align: left;"> </td> <td width="1%" valign="bottom" style="padding-bottom: 4px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 4px double; text-align: left;">$</td> <td width="10%" valign="bottom" style="border-bottom: black 4px double; text-align: right;">0.22</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 4px; text-align: left;"> </td> </tr> <tr bgcolor="white"> <td width="73%" valign="bottom" style="padding-bottom: 4px;"> <div align="justify" style="margin-left: 0pt; display: block; margin-right: -19.6pt; text-indent: 0pt;">Diluted net income per share</div> </td> <td width="1%" valign="bottom" style="padding-bottom: 4px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 4px double; text-align: left;">$</td> <td width="10%" valign="bottom" style="border-bottom: black 4px double; text-align: right;">0.23</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 4px; text-align: left;"> </td> <td width="1%" valign="bottom" style="padding-bottom: 4px;"> </td> <td width="1%" valign="bottom" style="border-bottom: black 4px double; text-align: left;">$</td> <td width="10%" valign="bottom" style="border-bottom: black 4px double; text-align: right;">0.22</td> <td width="1%" nowrap="nowrap" valign="bottom" style="padding-bottom: 4px; text-align: left;"> </td> </tr> </table> </div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for earnings per share.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 false0EARNINGS PER SHAREfalseEarnings Per ShareUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.tianyinpharma.com/role/EarningsPerShare12