Note 18 - (Losses) Earnings Per Share

9 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

18.   (LOSSES) / EARNINGS PER SHARE

Options to purchase 698,875 shares of Common Stock at exercise prices ranging from $3.28 to $7.76 per share were outstanding as of March 31, 2022. 140,500 stock options were excluded in the computation of diluted EPS for the three and nine months ended March 31, 2022, because they were anti-dilutive.

Options to purchase 674,500 shares of Common Stock at exercise prices ranging from $2.53 to $5.98 per share were outstanding as of March 31, 2021. 140,000 stock options were excluded in the computation of diluted EPS for three and nine months ended March 31, 2021 because they were anti-dilutive

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

	Three Months Ended					Nine Months Ended
	Mar. 31,			Mar. 31,		Mar. 31,		Mar. 31,
	2022			2021		2022		2021
	(Unaudited)			(Unaudited)		(Unaudited)		(Unaudited)
(Loss)/income attributable to Trio-Tech International common shareholders from continuing operations, net of tax	$	(167	)	$	177	$	1,603	$	418
Income / (loss) attributable to Trio-Tech International common shareholders from discontinued operations, net of tax		-			1		2		(13	)
Net (loss)/income attributable to Trio-Tech International Common Shareholders	$	(167	)	$	178	$	1,605	$	405
Weighted average number of common shares outstanding - basic		3,949			3,913		3,949		3,913
Dilutive effect of stock options		272			133		191		117
Number of shares used to compute earnings per share - diluted		4,221			4,046		4,140		4,030
Basic (losses) / earnings per share from continuing operations attributable to Trio-Tech International	$	(0.04	)		0.05		0.40		0.11
Basic earnings per share from discontinued operations attributable to Trio-Tech International		-			-		-		-
Basic earnings per share from net income attributable to Trio-Tech International	$	(0.04	)	$	0.05	$	0.40	$	0.11
Diluted earnings per share from continuing operations attributable to Trio-Tech International	$	(0.04	)		0.04		0.38		0.10
Diluted earnings per share from discontinued operations attributable to Trio-Tech International		-			-		-		-
Diluted earnings per share from net income attributable to Trio-Tech International	$	(0.04	)	$	0.04	$	0.38	$	0.10