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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Revenue        
Manufacturing $ 3,569 $ 3,045 $ 6,194 $ 6,362
Testing services 3,560 3,887 6,514 8,277
Distribution 1,065 2,014 2,323 4,113
Real estate 7 16 11 33
Total 8,201 8,962 15,042 18,785
Cost of Sales        
Cost of manufactured products sold 2,770 2,383 4,707 4,938
Cost of testing services rendered 2,678 2,918 5,000 6,109
Cost of distribution 861 1,738 1,908 3,545
Cost of real estate 22 18 39 36
Total 6,331 7,057 11,654 14,628
Gross margin 1,870 1,905 3,388 4,157
Operating Expenses        
General and administrative 1,662 1,777 3,322 3,565
Selling 122 176 233 366
Research and development 123 125 198 201
Gain on disposal of property, plant and equipment 0 0 (1) (24)
Total operating expenses 1,907 2,078 3,752 4,108
(Loss)/income from operations (37) (173) (364) 49
Other Income/(Expenses)        
Interest expenses (34) (55) (71) (123)
Gain on sale of asset held for sale 0 1,172 0 1,172
Other income, net 143 40 354 150
Total other income/(expenses) 109 1,157 283 1,199
Income/(loss) from continuing operations before income taxes 72 984 (81) 1,248
Income tax expenses 0 120 7 120
Income/(loss) from continuing operations before non-controlling interest, net of tax 72 864 (88) 1,128
Discontinued Operations        
Income/(loss) from discontinued operations, net of tax (21) 1 (27) 0
Net income/(loss) 51 865 (115) 1,128
Less: net (loss)/income attributable to non-controlling interest (184) 439 (342) 429
Net income attributable to Trio-Tech International common shareholders 235 426 227 699
Amounts Attributable to Trio-Tech International Common Shareholders:        
Income from continuing operations, net of tax 246 425 241 699
(Loss)/income from discontinued operations, net of tax (11) 1 (14) 0
Net income attributable to Trio-Tech International common shareholders $ 235 $ 426 $ 227 $ 699
Basic Earnings per Share:        
Basic earnings per share from continuing operations attributable to Trio-Tech International $ 0.06 $ 0.12 $ 0.06 $ 0.19
Basic earnings per share from discontinued operations attributable to Trio-Tech International .00 .00 .00 .00
Basic earnings per share from net income attributable to Trio-Tech International 0.06 0.12 0.06 0.19
Diluted Earnings per Share:        
Diluted earnings per share from continuing operations attributable to Trio-Tech International 0.06 .11 0.06 0.19
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 $ 0.06 $ .11 $ 0.06 $ 0.19
Weighted average number of common shares outstanding basic (in thousands) 3,710 3,673 3,710 3,673
Dilutive effect of stock options (in thousands) 90 52 83 33
Number of shares used to compute earnings per share diluted (in thousands) 3,800 3,725 3,793 3,706