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

9 Months Ended

Dec. 31, 2017

Earnings/(Loss) 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, 2017		December 31, 2016		December 31, 2017		December 31, 2016
Numerator:
Net income/(loss)	$	1,670,415	$	5,039,624	$	(16,934,691)	$	(3,397,085)
Denominator:
Basic weighted average number of common shares outstanding		54,086,431		53,845,777		54,013,164		54,153,218
Effect of dilutive restricted stock		156,516		33,568		—		—
Diluted weighted average number of common shares outstanding		54,242,947		53,879,345		54,013,164		54,153,218
EPS:
Basic	$	0.03	$	0.09	$	(0.31)	$	(0.06)
Diluted	$	0.03	$	0.09	$	(0.31)	$	(0.06)