Share-Based Compensation (Tables)

9 Months Ended

Dec. 31, 2015

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Share Option Activity

The following table summarizes share option activity:

	Number of Share Options Outstanding			Weighted Average Exercise Price		Weighted Average Remaining ContractualLife (Months)
Outstanding — March 31, 2015		1,208,118		$	5.58		103
Granted		396,427			14.86		120
Exercised		(8,612	)		4.66		—
Forfeited		(6,695	)		12.08		—
Outstanding — December 31, 2015		1,589,238		$	7.87		99
Exercisable —December 31, 2015		634,466		$	4.13		91

Summary of Share Option Granted, Exercise Price, Fair Value, Intrinsic Value

The following table summarizes the options granted in the current financial year with their exercise prices, the fair value of ordinary shares as of the applicable grant date, and the intrinsic value:

Grant Date	Number of Options Granted		Exercise Price		Ordinary Shares Fair Value Per Share at Grant Date		Per Share Intrinsic Value of Options
May 20, 2015		312,300	$	15.17	$	15.17	$	6.08
August 5, 2015		8,000	$	16.70	$	16.70	$	6.54
September 2, 2015		25,000	$	16.34	$	16.34	$	6.52
October 31, 2015		39,727	$	11.62	$	11.62	$	4.76
November 4, 2015		11,400	$	13.00	$	13.00	$	5.33

Summary of Assumptions to Share Options Issued

A summary of the assumptions applicable to the share options issued in the current financial year is as follows:

	May 20, 2015			August 5, 2015			September 2, 2015			October 31, 2015			November 4, 2015
Risk-free interest rate		2.29	%		2.27	%		2.18	%		2.14	%		2.23	%
Expected lives (years)		3			3			3			3			3
Volatility		57.14	%		55.67	%		57.01	%		58.86	%		58.86	%
Dividend yield		—			—			—			—			—
Grant date fair value (per share)	$	15.17		$	16.70		$	16.34		$	11.62		$	13.00
Number granted		312,300			8,000			25,000			39,727			11,400