3. EARNINGS PER SHARE (Tables)

9 Months Ended

Feb. 28, 2014

Earnings Per Share

EARNINGS PER SHARE

The following table presents the computation of basic and diluted net income (loss) per share attributable to Aehr Test Systems common shareholders (in thousands, except per share data):

	Three Months Ended					Nine Months Ended
	February 28,					February 28,
	2014		2013			2014		2013
Numerator: Net income (loss)	$	212	$	(1,458	)	$	183	$	(2,565	)
Denominator for basic net income (loss) per share:
Weighted-average shares outstanding		10,982		9,363			10,807		9,276
Shares used in basic net income (loss) per share calculation		10,982		9,363			10,807		9,276
Effect of dilutive securities		1,295		--			776		--
Denominator for diluted net income (loss) per share		12,277		9,363			11,583		9,276
Basic net income (loss) per share	$	0.02	$	(0.16	)	$	0.02	$	(0.28	)
Diluted net income (loss) per share	$	0.02	$	(0.16	)	$	0.02	$	(0.28	)