Note 2 - Earnings Per Common Share (As Restated) (Tables)

12 Months Ended

Mar. 31, 2016

Notes Tables

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

	Year Ended March 31,
	2016		2015
	(As Restated)*
Net earnings attributable to Air T, Inc. Stockholders, as previously reported	$	4,943,065	$	2,483,926
Net earnings attributable to Air T, Inc. Stockholders, as restated	$	4,413,910	$	2,483,926
Earnings Per Share:
Basic, as previously reported	$	2.08	$	1.05
Basic, as restated	$	1.86	$	1.05
Diluted, as previously reported	$	2.06	$	1.04
Diluted, as restated	$	1.84	$	1.04
Weighted Average Shares Outstanding:
Basic		2,372,527		2,359,610
Diluted		2,396,824		2,379,928