Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING CHARGES

v3.21.1
RESTRUCTURING CHARGES
12 Months Ended
Mar. 31, 2021
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
During fiscal years 2021, 2020 and 2019, the Company approved certain restructuring plans to improve operational efficiencies and rationalize its cost structure.
The following tables show the activity and the estimated timing of future payouts for accrued restructuring (in thousands):
Severance and
benefits
Facilities Total
Balance as of March 31, 2018 $ 1,430  $ 4,389  $ 5,819 
Restructuring costs 4,708  862  5,570 
Cash payments (6,138) (2,375) (8,513)
Balance as of March 31, 2019 —  2,876  2,876 
Adjustments of prior estimates —  1,022  1,022 
Cash payments —  (3,961) (3,961)
Other non-cash —  63  63 
Balance as of March 31, 2020 —  —  — 
Restructuring costs 3,701  —  3,701 
Cash payments (3,121) —  (3,121)
Balance as of March 31, 2021 $ 580  $ —  $ 580 
Facility restructuring accruals were paid in accordance with the respective facility lease terms and amounts in the table above were recorded net of estimated sublease amounts.