Annual report pursuant to Section 13 and 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
 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
Fee and commission income $ 10,796  
Net gain on trading securities 33,746  
Interest income 8,184  
Net gain on derivatives 643  
Net realized gain on investments available for sale 0  
Net gain on sale of fixed assets 5  
Net gain on foreign exchange operations 1,850  
TOTAL REVENUE, NET 55,224  
Expense:    
Interest expense 14,244  
Fee and commission expense 2,066  
Operating expense 18,927  
Other expense, net 275  
TOTAL EXPENSE 35,512  
NET INCOME BEFORE INCOME TAX 19,712  
Income tax (expense)/benefit (479)  
NET INCOME BEFORE NONCONTROLLING INTERESTS 19,233 $ 6,296 [1]
Less: Net income attributable to noncontrolling interest in subsidiary 0  
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 19,233  
OTHER COMPREHENSIVE INCOME    
Change in unrealized gain on investments available-for-sale, net of tax effect 0  
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect 0  
Foreign currency translation adjustments, net of tax (457)  
COMPREHENSIVE INCOME BEFORE NONCONTROLLING INTERESTS 18,776  
Less: Comprehensive income attributable to noncontrolling interest in subsidiary 0  
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 18,776  
BASIC NET INCOME PER COMMON SHARE $ 0.58  
DILUTED NET INCOME PER COMMON SHARE $ 0.58  
Weighted average number of shares (basic) 33,249,013  
Weighted average number of shares (diluted) 33,393,877  
(Recast)    
Revenue:    
Fee and commission income [1]   4,090
Net gain on trading securities [1]   10,806
Interest income [1]   2,006
Net gain on derivatives [1]   1,905
Net realized gain on investments available for sale   276
Net gain on sale of fixed assets [1]   29
Net gain on foreign exchange operations   274
TOTAL REVENUE, NET [1]   19,386
Expense:    
Interest expense [1]   3,807
Fee and commission expense [1]   346
Operating expense [1]   9,251
Other expense, net [1]   210
TOTAL EXPENSE [1]   13,614
NET INCOME BEFORE INCOME TAX [1]   5,772
Income tax (expense)/benefit [1]   524
NET INCOME BEFORE NONCONTROLLING INTERESTS [1]   6,296
Less: Net income attributable to noncontrolling interest in subsidiary [1]   9
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS [1]   6,287
OTHER COMPREHENSIVE INCOME    
Change in unrealized gain on investments available-for-sale, net of tax effect [1]   7
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect [1]   (276)
Foreign currency translation adjustments, net of tax   4,465
COMPREHENSIVE INCOME BEFORE NONCONTROLLING INTERESTS [1]   10,492
Less: Comprehensive income attributable to noncontrolling interest in subsidiary [1]   9
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS [1]   $ 10,483
BASIC NET INCOME PER COMMON SHARE [1]   $ 0.56
DILUTED NET INCOME PER COMMON SHARE [1]   $ 0.56
Weighted average number of shares (basic) [1]   11,213,926
Weighted average number of shares (diluted) [1]   11,213,926
[1] See Notes 1 and 3 for information regarding recast amounts and basis of financial statement presentation.