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Net Loss Per Share (Tables)
9 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Earnings Per Share Basic and Diluted

The following table sets forth the computation of basic and diluted earnings per ordinary share.

 

 

 

Quarter ended

 

 

Nine months ended

 

 

 

December 31

 

 

December 31

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(9,778

)

 

$

(42,303

)

 

$

(24,365

)

 

$

(56,638

)

Net loss available to ordinary shareholders - basic and diluted

 

$

(9,778

)

 

$

(42,303

)

 

$

(24,365

)

 

$

(56,638

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding - basic and diluted

 

 

20,398,132

 

 

 

15,101,441

 

 

 

18,284,708

 

 

 

14,352,476

 

Loss per share - basic and diluted

 

$

(0.48

)

 

$

(2.80

)

 

$

(1.33

)

 

$

(3.95

)

 

Summary of Number of Ordinary Shares Excluded from Computation of Earnings Per Share

The following table sets out the numbers of ordinary shares excluded from the above computation of earnings per share at December 31, 2015 and December 31, 2014 as their inclusion would have been anti-dilutive.

 

 

 

December 31,

2015

 

 

December 31,

2014

 

Ordinary shares issuable on exercise of options to purchase ordinary

   shares

 

 

1,589,238

 

 

 

1,329,659

 

Restricted stock units awarded, including the multi-year performance

   related restricted stock units

 

 

237,695

 

 

 

 

Ordinary shares issuable on exercise of warrants at $16.14 per share

 

 

111,525

 

 

 

 

Ordinary shares issuable on exercise of warrants at $9.37 per share

 

 

64,000

 

 

 

64,000

 

Ordinary shares issuable on exercise of warrants at $8.80 per share

 

 

 

 

 

3,955,028

 

Ordinary shares issuable on exercise of pre-funded warrants at $0.01 per

   share

 

 

850,000

 

 

 

850,000

 

 

 

 

2,852,458

 

 

 

6,198,687