Share-Based Compensation (Tables)

12 Months Ended

Mar. 31, 2016

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, 2013		369,400		$	1.44	116
Granted		477,149		$	4.21	120
Exercised		(60,044	)	$	4.08		—
Forfeited		(7,043	)		4.87		—
Outstanding — March 31, 2014		779,462		$	2.92	109
Granted		605,250			8.34	120
Exercised		(137,478	)		2.23		—
Forfeited		(39,116	)		7.93		—
Outstanding — March 31, 2015		1,208,118		$	5.58	103
Granted		404,327			14.71		120
Exercised		(8,712	)		4.72		—
Forfeited		(13,795	)		10.25		—
Outstanding — March 31, 2016		1,589,938		$	7.86		96
Exercisable —March 31, 2016		662,261		$	4.37		88

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

The following table summarizes the options granted in the year ended March 31, 2016 with their exercise prices, the fair value of ordinary shares as of the applicable grant date, and the intrinsic value, if any:

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
February 9, 2016		7,900	$	7.34	$	7.34	$	3.02

Summary of Weighted-Average Assumptions to Share Options Issued

A summary of the weighted-average assumptions applicable to the share options is as follows:

	Year ended March 31,
	2016			2015
Risk-free interest rate		2.26	%		2.64	%
Expected lives (years)		3			3
Volatility		57.38	%		59.62	%
Dividend yield		—			—
Grant date fair value (per share)	$	14.71		$	8.34
Number granted		404,327			605,250