Earnings Per Share

3 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 13 – EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share for the three months ended June 30, 2020 and 2019. 1,403,910 warrants and stock options were anti-dilutive for the three months ended June 30, 2020 and excluded from the EPS calculation. For the three months ended June 30, 2019, 57,200 warrants were anti-dilutive. 

	Three Months Ended
	June 30,
	2020		2019
Numerator:
Net income attributable to Jerash Holdings (US), Inc.'s Common Stockholders	$	813,859	$	1,549,488
Denominator:
Denominator for basic earnings per share (weighted-average shares)		11,325,000		11,325,000
Dilutive securities – unexercised warrants and options		5,210		147,363
Denominator for diluted earnings per share (adjusted weighted-average shares)		11,330,210		11,472,363
Basic earnings per share	$	0.07	$	0.14
Diluted earnings per share	$	0.07	$	0.14