v2.4.0.6

Consolidated Statements of Operations and Other Comprehensive Income (USD $) In Thousands, except Share data, unless otherwise specified | 12 Months Ended
--- | ---
Mar. 31, 2012 | Mar. 31, 2011
Operating revenues: |  |
Net sales to third parties | $ 119,563 | $ 243,814
Cost of sales | (101,716) | (214,456)
Gross income | 17,847 | 29,358
Operating expenses: |  |
Sales, marketing and distribution | (11,629) | (10,882)
General and administrative | (9,295) | (4,138)
Operating (loss) income | (3,077) | 14,338
Other income, net | 860 | 1,782
Impairment loss on property, plant and equipment | (2,857) | 0
Loss on disposal of scrap inventories | (13,896) | (2,328)
Interest income | 1,766 | 483
Interest expense | (8,812) | (3,359)
(Loss) Income before income taxes | (26,016) | 10,916
Income taxes expense | (1,047) | (2,447)
(Loss) Income before extraordinary item | (27,063) | 8,469
Extraordinary gain (less applicable income taxes of US$0) | 13,117 | 2,605
Extraordinary loss (less applicable income taxes of US$0) | (1,848) | 0
Net (loss) income including non-controlling interest | (15,794) | 11,074
Less: Net loss (income) attributable to non-controlling interest | 52 | (8)
Net (loss) income attributable to CIEC common stockholders | (15,742) | 11,066
Amounts attributable to CIEC common stockholders |  |
(Loss) Income before extraordinary item | (27,011) | 8,461
Extraordinary gain (less applicable income taxes of US$0) | 13,117 | 2,605
Extraordinary loss (less applicable income taxes of US$0) | (1,848) | 0
Net (loss) income attributable to CIEC common stockholders | (15,742) | 11,066
Other comprehensive income |  |
Foreign currency translation adjustment | 1,465 | 1,437
Comprehensive (loss) income | $ (14,277) | $ 12,503
(Losses) Earnings per share |  |
Weight average number of common stock outstanding - basic and diluted (in shares) | 500,000,000 | 500,000,000
Net (loss) income per share of common stock outstanding before extraordinary item - basic and diluted (in dollars per share) | $ (0.05) | $ 0.02
Net (loss) income per share of common stock outstanding after extraordinary item - basic and diluted (in dollar per share) | $ (0.03) | $ 0.02

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