Note 4 - Net Earnings Per Share (As Restated) (Tables)

9 Months Ended

Dec. 31, 2015

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended December 31,				Nine Months Ended December 31,
	2015		2014		2015		2014
	(As Restated)*				(As Restated)*
Net earnings attributable to Air T, Inc. Stockholders, as previously stated	$	2,971,340	$	1,448,453	$	6,029,260	$	3,339,551
Net earnings attributable to Air T, Inc. Stockholders, as restated	$	2,725,710	$	1,448,453	$	5,783,630	$	3,339,551
Earnings Per Share:
Basic, as previously stated	$	1.25	$	0.61	$	2.54	$	1.42
Basic, as restated	$	1.15	$	0.61	$	2.44	$	1.42
Diluted, as previously stated	$	1.24	$	0.61	$	2.52	$	1.41
Diluted, as restated	$	1.14	$	0.61	$	2.41	$	1.41
Weighted Average Shares Outstanding:
Basic		2,372,527		2,357,637		2,372,527		2,355,901
Diluted		2,396,999		2,381,214		2,396,645		2,373,500