The movement in contingent consideration categorized under Level 3 fair value measurement is given below:
| For the year ended | ||||||||
| March 31, 2018 |
March 31, 2017 |
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|
Balance at the beginning of the year |
$ | 19,678 | $ | — | ||||
|
Additions |
— | 19,934 | ||||||
|
Payouts |
(7,000 | ) | — | |||||
|
Gain recognized in the consolidated statement of income |
(1,553 | ) | (279 | ) | ||||
|
Finance expense recognized in the consolidated statement of income |
263 | 23 | ||||||
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|
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|
Balance at the end of the year |
11,388 | 19,678 | ||||||
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