EARNINGS PER SHARE

3 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Note 5 - EARNINGS PER SHARE

The Company applied ASC Topic 260, Earnings per Share. Basic EPS are computed by dividing net income available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period.  Diluted EPS give effect to all dilutive potential common shares outstanding during a period.  In computing diluted EPS, the average price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options and warrants. Stock options to purchase 626,875 shares at exercise prices ranging from $1.72 to $9.57 per share as of September 30, 2011 were excluded in the computation of diluted EPS because their effect would have been anti-dilutive.

Stock options to purchase 470,500 shares at exercise prices ranging from $1.72 to $9.57 per share were outstanding as of September 30, 2010. Options covering 200,500 shares were excluded in the computation of diluted EPS because the exercise price was greater than the average market price of the common shares and therefore were anti-dilutive.

The following table is a reconciliation of the weighted average shares used in the computation of basic and diluted EPS for the period presented herein: 

	Three Months Ended September 30,
	2011			2010
	(Unaudited)			(Unaudited)
(Loss) / income attributable to Trio-Tech International common shareholders from continuing operations, net of tax	$	(803)	$		493
Loss attributable to Trio-Tech International common shareholders from discontinued operations, net of tax	$	(1)	$		(2)
Net (loss) / income attributable to Trio-Tech International common shareholders	$	(804)	$		491
Basic (loss) / income per share
Basic (loss) / income per share from continuing operations attributable to Trio-Tech International	$	(0.24)	$		0.15
Basic  loss per share from discontinued operation attributable to Trio-Tech International		--			--
Basic  (loss) / earnings per share from net (loss) / income attributable to Trio-Tech International	$	(0.24)		$	0.15
Diluted  (loss) / earnings per share
Diluted  (loss) / earnings per share from continuing operations attributable to Trio-Tech International	$	(0.24)		$	0.14
Diluted loss per share from discontinued operation attributable to Trio-Tech International		--			--
Diluted  (loss) / earnings per share from net (loss) / income attributable to Trio-Tech International	$	(0.24)		$	0.14
Weighted average number of common shares outstanding — basic		3,288			3,227
Dilutive effect of stock options		--			251
Number of shares used to compute earnings per share — diluted		3,288			3,478