EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Jun. 30, 2019

EARNINGS (lOSS) PER SHARE

Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share for the three  months ended June 30, 2019 and 2018. 57,200 IPO Underwriter Warrants were anti-dilutive for the three  months ended June 30, 2019 and excluded from the EPS calculation. For the three months ended June 30, 2018, there was no dilutive effect.

	Three Months Ended
	June 30,
	(in $000s except share and
	per share information)
	2019		2018
Numerator:
Net income (loss) attributable to Jerash Holdings (US), Inc.'s Common Shareholders	$	1,549	$	(885)
Denominator:
Denominator for basic earnings per share (weighted-average shares)		11,325,000		10,822,143
Dilutive securities – unexercised warrants and options		147,363		—
Denominator for diluted earnings per share (adjusted weighted-average shares)		11,472,363		10,822,143
Basic earnings (loss) per share	$	0.14	$	(0.08)
Diluted earnings (loss) per share	$	0.14	$	(0.08)