Shareholders' Equity	6 Months Ended
Sep. 30, 2014
Shareholders' Equity	NOTE 3 — SHAREHOLDERS’ EQUITY Outstanding capital stock at September 30, 2014 consisted of common stock and Series A preferred stock. The Series A preferred stock is non-voting, has no dividend preferences and has not been convertible since March 31, 2002; however, it retains a liquidation preference. At September 30, 2014, the Company had no options, warrants or other potentially dilutive securities outstanding. September 30, 2014 Extraordinary Cash Dividend On August 21, 2014, the Special Committee of the Board of Directors of Emerson Radio Corp. (the “Company”) declared an extraordinary cash dividend of $0.70 per common share payable on September 30, 2014 to shareholders of record of the Company at the close of trading on September 12, 2014 and as a result, the Company paid out a net amount to stockholders of approximately $18.5 million on September 30, 2014.

Shareholders' Equity

6 Months Ended

Sep. 30, 2014

NOTE 3 — SHAREHOLDERS’ EQUITY

Outstanding capital stock at September 30, 2014 consisted of common stock and Series A preferred stock. The Series A preferred stock is non-voting, has no dividend preferences and has not been convertible since March 31, 2002; however, it retains a liquidation preference.

At September 30, 2014, the Company had no options, warrants or other potentially dilutive securities outstanding.

September 30, 2014 Extraordinary Cash Dividend

On August 21, 2014, the Special Committee of the Board of Directors of Emerson Radio Corp. (the “Company”) declared an extraordinary cash dividend of $0.70 per common share payable on September 30, 2014 to shareholders of record of the Company at the close of trading on September 12, 2014 and as a result, the Company paid out a net amount to stockholders of approximately $18.5 million on September 30, 2014.