Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS OF OTHER COMPREHENSIVE INCOME (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS OF OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Revenue:        
Fee and commission income $ 1,999   $ 6,412  
Net gain/(loss) on trading securities (8,318)   30,825  
Interest income 2,853   6,442  
Net gain on derivatives 867   687  
Net gain on sale of fixed assets 16   8  
Net gain/(loss) on foreign exchange operations 424   1,957  
TOTAL REVENUE, NET (2,159)   46,331  
Expense:        
Interest expense 4,487   9,499  
Fee and commission expense 795   1,474  
Operating expense 5,983   12,113  
Other expense, net 105   131  
TOTAL EXPENSE 11,370   23,217  
NET INCOME/(LOSS) BEFORE INCOME TAX (13,529)   23,114  
Income tax (expense)/benefit 403   (584)  
Net Income/(Loss) Before Noncontrolling Interests (13,126)   22,530  
Less: Net income attributable to noncontrolling interest in subsidiary 0   0  
Net Income/(Loss) Attributable to Common Shareholders (13,126)   22,530  
OTHER COMPREHENSIVE INCOME        
Change in unrealized gain on investments available-for-sale, net of tax effect 0   0  
Foreign currency translation adjustments, net of tax 1,529   (2,809)  
Comprehensive Income/(Loss) Before Noncontrolling Interests (11,597)   19,721  
Less: Comprehensive income attributable to noncontrolling interest in subsidiary 0   0  
Comprehensive Income/(Loss) Attributable to Common Shareholders $ (11,597)   $ 19,721  
BASIC AND DILUTED NET INCOME/(LOSS) PER COMMON SHARE (In US Dollars) $ (0.29)   $ 0.86  
Weighted average shares outstanding 45,018,578   26,341,542  
(Recast)        
Revenue:        
Fee and commission income [1]   $ 1,116   $ 2,462
Net gain/(loss) on trading securities [1]   1,164   4,583
Interest income [1]   724   1,710
Net gain on derivatives [1]   0   0
Net gain on sale of fixed assets [1]   0   28
Net gain/(loss) on foreign exchange operations [1]   (138)   296
TOTAL REVENUE, NET [1]   2,866   9,079
Expense:        
Interest expense [1]   1,120   2,472
Fee and commission expense [1]   129   216
Operating expense [1]   2,461   6,694
Other expense, net [1]   141   267
TOTAL EXPENSE [1]   3,851   9,649
NET INCOME/(LOSS) BEFORE INCOME TAX [1]   (985)   (570)
Income tax (expense)/benefit [1]   413   960
Net Income/(Loss) Before Noncontrolling Interests [1]   (572)   390
Less: Net income attributable to noncontrolling interest in subsidiary [1]   0   7
Net Income/(Loss) Attributable to Common Shareholders [1]   (572)   383
OTHER COMPREHENSIVE INCOME        
Change in unrealized gain on investments available-for-sale, net of tax effect [1]   (276)   (270)
Foreign currency translation adjustments, net of tax [1]   453   1,933
Comprehensive Income/(Loss) Before Noncontrolling Interests [1]   (395)   2,053
Less: Comprehensive income attributable to noncontrolling interest in subsidiary [1]   0   7
Comprehensive Income/(Loss) Attributable to Common Shareholders [1]   $ (395)   $ 2,046
BASIC AND DILUTED NET INCOME/(LOSS) PER COMMON SHARE (In US Dollars) [1]   $ (0.05)   $ 0.03
Weighted average shares outstanding [1]   11,213,926   11,213,926
[1] See Notes 1 and 3 for information regarding recast amounts and basis of financial statement presentation.