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Earnings/(Loss) Per Share (EPS) (Tables)
3 Months Ended
Jun. 30, 2019
Earnings/(Loss) Per Share ("EPS")  
Schedule of calculations of basic and diluted EPS

 

 

 

 

 

 

 

 

 

Three months ended 

 

(In U.S. dollars except share data)

June 30, 2019

 

June 30, 2018

 

Numerator:

 

 

 

 

 

 

Net income/(loss)

$

6,075,059

 

$

(20,596,558)

 

Denominator:

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

54,552,994

 

 

54,237,237

 

Effect of dilutive restricted stock

 

328,332

 

 

 —

 

Diluted weighted average number of common shares outstanding

 

54,881,326

 

 

54,237,237

 

EPS:

 

 

 

 

 

 

Basic

$

0.11

 

$

(0.38)

 

Diluted

$

0.11

 

$

(0.38)