Income Taxes	3 Months Ended
Jun. 30, 2015
Income Taxes
Income Taxes	Note H—Income Taxes The provision for income taxes is based on federal, New York State and New York City income taxes. The effective income tax rate for the Company for the three months ended June 30, 2015 was (0.3)%. On a quarterly basis the Company evaluates the realizability of its deferred tax assets and consider all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance will be required to reduce the deferred tax asset to the amount that is more likely than not to be realized in future periods. As of June 30, 2015, the Company did not have any significant uncertain tax positions. ASI will file its initial federal, state and local income tax returns for the fiscal year ended March 31, 2015. The Company is subject to tax examinations for fiscal year 2015 and forward in all applicable tax jurisdictions.

Income Taxes

3 Months Ended

Jun. 30, 2015

Note H—Income Taxes

The provision for income taxes is based on federal, New York State and New York City income taxes. The effective income tax rate for the Company for the three months ended June 30, 2015 was (0.3)%.

On a quarterly basis the Company evaluates the realizability of its deferred tax assets and consider all available evidence, both positive and negative, to determine whether, based on the weight of that evidence, a valuation allowance will be required to reduce the deferred tax asset to the amount that is more likely than not to be realized in future periods.

As of June 30, 2015, the Company did not have any significant uncertain tax positions.

ASI will file its initial federal, state and local income tax returns for the fiscal year ended March 31, 2015. The Company is subject to tax examinations for fiscal year 2015 and forward in all applicable tax jurisdictions.