Earnings Per Share (“EPS”) (Tables)

9 Months Ended

Dec. 31, 2015

Earnings Per Share ("EPS")

Schedule of calculations of basic and diluted EPS

	Three months ended				Nine months ended
(In U.S. dollars except share data)	December 31, 2015		December 31, 2014		December 31, 2015		December 31, 2014
Numerator:
Net income	$	54,661,323	$	8,996,605	$	109,527,470	$	16,432,531
Denominator:
Basic weighted average number of common shares outstanding		56,554,253		57,128,493		56,904,489		55,874,505
Effect of dilutive restricted stock		40,239		—		47,939		—
Diluted weighted average number of common shares outstanding		56,594,492		57,128,493		56,952,428		55,874,505
EPS:
Basic	$	0.97	$	0.16	$	1.92	$	0.29
Diluted	$	0.97	$	0.16	$	1.92	$	0.29