Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING CHARGES

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RESTRUCTURING CHARGES
 9 Months Ended
Dec. 31, 2019
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES
RESTRUCTURING CHARGES
There were no new restructuring plans initiated during the nine months ended December 31, 2019. In the nine months ended December 31, 2018, management approved two plans to eliminate 66 positions in the U.S. and internationally. The purpose of these plans was to improve operational efficiencies and align with management’s strategic vision for the Company. Severance and benefits costs of approximately $3.6 million were incurred as a result.

The following table summarizes the restructuring activities for the nine months ended December 31, 2019 and 2018 (in thousands):
 
 
Severance and Benefits
  
Facilities
 
Total
Balance as of March 31, 2019
 
$
—

  
$
2,876

 
$
2,876

   Restructuring costs
 
—

  
—

 
—

   Adjustments to prior estimates
 
—

 
1,020

 
1,020

   Cash payments
 
—

  
(3,659
)
 
(3,659
)
   Other non-cash
 
—

 
63

 
63

Balance as of December 31, 2019
 
$
—

  
$
300

 
$
300

 
 
 
 
 
 
 
Balance as of March 31, 2018
 
$
1,430

 
$
4,389

 
$
5,819

   Restructuring costs
 
4,602

 
55

 
4,657

   Adjustments to prior estimates
 
—

 
771

 
771

   Cash payments
 
(5,631
)
 
(1,669
)
 
(7,300
)
Balance as of December 31, 2018
 
$
401

  
$
3,546

 
$
3,947

 
 
 

  
 

 
 


Facility restructuring accruals will be paid by the end of the fiscal year ending March 31, 2020.