Earnings/(Loss) Per Share (EPS) (Tables)

12 Months Ended

Mar. 31, 2017

Earnings/(Loss) Per Share ("EPS")

Schedule of calculations of basic and diluted EPS

	Year ended
(In U.S. dollars except share data)	March 31, 2017		March 31, 2016		March 31, 2015
Numerator:
Net income/(loss)	$	(1,441,815)	$	129,688,382	$	25,260,782
Denominator:
Basic weighted average number of common shares outstanding		54,079,139		56,657,570		56,183,707
Effect of dilutive restricted stock		—		49,524		—
Diluted weighted average number of common shares outstanding		54,079,139		56,707,094		56,183,707
EPS:
Basic	$	(0.03)	$	2.29	$	0.45
Diluted	$	(0.03)	$	2.29	$	0.45