XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Revenue        
Manufacturing $ 4,230 $ 4,468 $ 11,221 $ 10,884
Testing services 3,977 3,622 12,204 11,106
Distribution 1,581 1,232 4,360 3,566
Others 37 33 115 83
Total 9,825 9,355 27,900 25,639
Cost of Sales        
Cost of manufactured products sold 3,345 3,597 8,762 8,177
Cost of testing services rendered 2,597 2,570 8,069 7,827
Cost of distribution 1,407 1,025 3,899 3,118
Others 29 31 71 92
Total 7,378 7,223 20,801 19,214
Gross Margin 2,447 2,132 7,099 6,425
Operating Expenses        
General and administrative 1,659 1,600 5,178 4,861
Selling 222 158 587 470
Research and development 51 51 156 148
Loss / (gain) on disposal of property, plant and equipment 30 0 38 (4)
Total operating expenses 1,962 1,809 5,959 5,475
Income from Operations 485 323 1,140 950
Other (Expenses) / Income        
Interest expense (43) (47) (149) (151)
Other income / (expenses) , net 45 (97) 358 129
Total other income / (expenses) 2 (144) 209 (22)
Income from Continuing Operations before Income Taxes 487 179 1,349 928
Income Tax Expenses (106) (15) (256) (168)
Income from continuing operations before non-controlling interest, net of tax 381 164 1,093 760
Discontinued Operations (Note 19)        
Loss from discontinued operations, net of tax (1) (1) (4) (5)
NET INCOME 380 163 1,089 755
Less: income attributable to non-controlling interest 30 13 126 156
Net Income Attributable to Trio-Tech International Common Shareholder 350 150 963 599
Amounts Attributable to Trio-Tech International Common Shareholders:        
Income from continuing operations, net of tax 351 155 970 607
Loss from discontinued operations, net of tax (1) (5) (7) (8)
Net Income Attributable to Trio-Tech International Common Shareholders $ 350 $ 150 $ 963 $ 599
Basic Earnings per Share:        
Basic earnings per share from continuing operations attributable to Trio-Tech International $ .10 $ 0.04 $ 0.28 $ 0.17
Basic earnings per share from discontinued operations attributable to Trio-Tech International 0.00 0.00 0.00 0.00
Basic Earnings per Share from Net Income Attributable to Trio-Tech International .10 0.04 0.28 0.17
Diluted Earnings per Share:        
Diluted earnings per share from continuing operations attributable to Trio-Tech International .10 0.04 0.27 0.17
Diluted earnings per share from discontinued operations attributable to Trio-Tech International 0.00 0.00 0.00 0.00
Diluted Earnings per Share from Net Income Attributable to Trio-Tech International $ .10 $ 0.04 $ 0.27 $ 0.17
Weighted average number of common shares outstanding Basic 3,523 3,563 3,523 3,563
Dilutive effect of stock options 116 13 54 12
Number of shares used to compute earnings per share diluted 3,639 3,576 3,577 3,575