Income Taxes	9 Months Ended
Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	7. Income Taxes On December 22, 2017, the Tax Cuts and Jobs Act was passed into law (“TCJA”). The TCJA includes a broad range of tax reform including changes to tax rates and deductions that are effective January 1, 2018. The decrease in the enacted corporate tax rate expected to apply when our temporary differences are realized or settled ultimately resulted in a one-time revaluation of our net deferred tax asset of $3.4 million in December 2017 with a corresponding charge to income tax expense. The tax effects of the TCJA increased income tax expense to a level that reduced net income to a net loss for both the three and nine-month periods ending December 31, 2017. The provision for income taxes increased to approximately $3.7 million for the three months ended December 31, 2017 from approximately $1.0 million for the three months ended December 31, 2016. The Company’s effective tax rate increased to 456.48% for the three months ended December 31, 2017 from 37.93% for the three months ended December 31, 2016. The provision for income taxes increased to approximately $4.4 million for the nine months ended December 31, 2017 from approximately $4.0 million for the nine months ended December 31, 2016. The Company’s effective tax rate increased to 164.70% for the nine months ended December 31, 2017 from 38.01% for the nine months ended December 31, 2016.

7. Income Taxes

On December 22, 2017, the Tax Cuts and Jobs Act was passed into law (“TCJA”). The TCJA includes a broad range of tax reform including changes to tax rates and deductions that are effective January 1, 2018. The decrease in the enacted corporate tax rate expected to apply when our temporary differences are realized or settled ultimately resulted in a one-time revaluation of our net deferred tax asset of $3.4 million in December 2017 with a corresponding charge to income tax expense. The tax effects of the TCJA increased income tax expense to a level that reduced net income to a net loss for both the three and nine-month periods ending December 31, 2017.

The provision for income taxes increased to approximately $3.7 million for the three months ended December 31, 2017 from approximately $1.0 million for the three months ended December 31, 2016. The Company’s effective tax rate increased to 456.48% for the three months ended December 31, 2017 from 37.93% for the three months ended December 31, 2016. The provision for income taxes increased to approximately $4.4 million for the nine months ended December 31, 2017 from approximately $4.0 million for the nine months ended December 31, 2016. The Company’s effective tax rate increased to 164.70% for the nine months ended December 31, 2017 from 38.01% for the nine months ended December 31, 2016.