v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Revenue:    
Fee and commission income $ 43,339 $ 22,592
Net gain on trading securities 9,084 2,562
Interest income 4,249 4,131
Net loss on foreign exchange operations (248) (36)
Net loss on derivative (9) 0
TOTAL REVENUE, NET 56,415 29,249
Expense:    
Interest expense 3,744 3,163
Fee and commission expense 9,769 4,031
Operating expense 14,426 13,130
Recovery of impairment losses (378) (1,073)
Other (income)/expense, net (27) 308
TOTAL EXPENSE 27,534 19,559
NET INCOME BEFORE INCOME TAX 28,881 9,690
Income tax expense (4,605) (1,476)
NET INCOME 24,276 8,214
Less: Net income attributable to noncontrolling interest in subsidiary 423 0
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 23,853 8,214
OTHER COMPREHENSIVE INCOME    
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect 71 0
Foreign currency translation adjustments, net of tax effect 8,633 643
COMPREHENSIVE INCOME BEFORE NONCONTROLLING INTERESTS 32,980 8,857
Less: Comprehensive income attributable to noncontrolling interest in subsidiary 423 0
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS $ 32,557 $ 8,857
BASIC NET INCOME PER COMMON SHARE (In US Dollars) $ 0.42 $ 0.14
DILUTED NET INCOME PER COMMON SHARE (In US Dollars) $ 0.42 $ 0.14
Weighted average number of shares (basic) 58,358,212 58,052,656
Weighted average number of shares (diluted) 58,455,675 58,249,344

Source