Quarterly report pursuant to Section 13 or 15(d)

EQUITY

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EQUITY
 6 Months Ended
Sep. 30, 2017
Equity [Abstract]  
EQUITY
EQUITY
On April 18, 2017, we effected a 1-for-8 reverse stock split of our issued and outstanding common stock (the "Reverse Stock Split"). Our stock began to trade on a post-split basis on April 19, 2017. Par value of the Company's common stock was unchanged as a result of the Reverse Stock Split, remaining at $0.01 per share, which resulted in reclassification of capital from par value to capital in excess of par value. All share and per share data for comparative periods included within our Condensed Consolidated Financial Statements and related footnotes have been adjusted to account for the effect of the Reverse Stock
Split.
On August 23, 2017, shareholders of the Company approved a reduction in the number of authorized shares of the Company’s common stock from one billion shares to 125.0 million shares which was in proportion to the ratio of the Reverse Stock Split.