INCOME PER SHARE
 12 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE 19 -
INCOME PER SHARE
 
The following table sets forth the computation of basic and diluted net income per share attributable to Hollysys for the years indicated:
 
  
Year ended June 30,
 
  
2016
  
2017
  
2018
 
          
Numerator:            
Net income attributable to the Company - basic $118,471  $68,944  $107,161 
             
Net income attributable to the Company - diluted
(i)
 $119,121  $69,605  $107,425 
             
Denominator:            
Weighted average ordinary shares outstanding used in computing basic income per share  59,170,050   60,189,004   60,434,019 
Effect of dilutive securities            
Convertible Bond  776,800   784,400   788,800 
Share options  642,184   -   - 
Restricted shares  22,422   38,106   25,746 
Weighted average ordinary shares outstanding used in computing diluted income per share  60,611,456   61,011,510   61,248,565 
             
Income per share - basic $2.00   1.15   1.77 
             
Income per share - diluted $1.97   1.14   1.75 
 
(i) For the year ended June 30, 2016, 2017 and 2018, interest accretion related to the Convertible Bond of $650, $661 and $264, respectively, is added back to derive net income attributable to the Company for computing diluted income per share.
 
Vested and unissued restricted shares of 75,066, 72,263 and 91,920 shares are included in the computation of basic and diluted income per share for the years ended June 30, 2016, 2017 and 2018, respectively. The effects of share options have been excluded from the computation of diluted income per share for the year ended June 30,
2017 and
2018 as their effects would be anti-dilutive.