EARNINGS PER SHARE

9 Months Ended

Mar. 31, 2018

Notes to Financial Statements

EARNINGS PER SHARE

The Company adopted ASC Topic 260, Earnings Per Share. Basic earnings per share (“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.

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

	Three Months Ended						Nine Months Ended
	Mar. 31,			Mar. 31,			Mar. 31,			Mar. 31,
	2018			2017			2018			2017
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Income attributable to Trio-Tech International common shareholders from continuing operations, net of tax	$	(736	)		351			520			970
Loss attributable to Trio-Tech International common shareholders from discontinued operations, net of tax		(3	)		(1	)		(11	)		(7	)
Net Income Attributable to Trio-Tech International Common Shareholders	$	(739	)		350			509			963
Weighted average number of common shares outstanding - basic		3,553			3,523			3,553			3,523
Dilutive effect of stock options		219			116			225			54
Number of shares used to compute earnings per share - diluted		3,772			3,639			3,778			3,577
Basic earnings per share from continuing operations attributable to Trio-Tech International	$	(0.21	)		0.10			0.15			0.28
Basic earnings per share from discontinued operations attributable to Trio-Tech International		-			-			-			-
Basic earnings per share from net income attributable to Trio-Tech International	$	(0.21	)	$	0.10		$	0.15		$	0.28
Diluted earnings per share from continuing operations attributable to Trio-Tech International	$	(0.20	)		0.10			0.14			0.27
Diluted earnings per share from discontinued operations attributable to Trio-Tech International		-			-			-
Diluted earnings per share from net income attributable to Trio-Tech International	$	(0.20	)	$	0.10		$	0.14		$	0.27