8. INCOME (LOSS) PER SHARE

12 Months Ended

Mar. 31, 2013

Income Loss Per Share

NOTE 8 - INCOME (LOSS) PER SHARE

NOTE 8 - INCOME (LOSS) PER SHARE

Income (loss) per share is calculated under two different methods, basic and diluted. Basic income (loss) per share is calculated by dividing the net income (loss) by the weighted average shares of common stock outstanding during the period. Diluted income (loss) per share is calculated by dividing the net income (loss) by the weighted average shares of common stock outstanding during the period and dilutive potential shares of common stock. Dilutive potential shares of common stock, as determined under the treasury stock method, consist of shares of common stock issuable upon exercise of stock warrants or options, net of shares of common stock assumed to be repurchased by the Company from the exercise proceeds.

Since the Company incurred a loss for the year ended March 31, 2013, the potential shares of common stock consisting of approximately 413 million shares issuable under warrants and stock options were not included in the diluted calculations since they were anti-dilutive.

Income per share for the year ended March 31, 2012 was computed as shown below. Stock options and warrants aggregating approximately 411 million shares were not included in the diluted calculation since they were anti-dilutive.

	Year ended March 31,
	2013			2012
Numerator:
Net income attributable to
Integrated Healthcare Holdings, Inc.	$	(15,537	)	$	7,452
Denominator:
Weighted average common shares		255,307			255,307
Dilutive options		–			1,533
Denominator for diluted calculation		255,307			256,840
Income per share - basic	$	(0.06	)	$	0.03
Income per share - diluted	$	(0.06	)	$	0.03