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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended 

 

Six months ended

 

(In U.S. dollars except share data)

September 30, 2019

 

September 30, 2018

 

September 30, 2019

 

September 30, 2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income/(loss)

$

40,711,896

 

$

(8,177,120)

 

$

46,786,955

 

$

(28,773,678)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average number of common shares outstanding

 

54,646,451

 

 

54,431,820

 

 

54,599,978

 

 

54,313,255

 

Effect of dilutive restricted stock and restricted stock units

 

117,183

 

 

 —

 

 

225,205

 

 

 —

 

Diluted weighted average number of common shares outstanding

 

54,763,634

 

 

54,431,820

 

 

54,825,183

 

 

54,313,255

 

EPS:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.75

 

$

(0.15)

 

$

0.86

 

$

(0.53)

 

Diluted

$

0.74

 

$

(0.15)

 

$

0.85

 

$

(0.53)