Annual report pursuant to Section 13 and 15(d)

RESTRUCTURING CHARGES

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RESTRUCTURING CHARGES
12 Months Ended
Mar. 31, 2024
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
During fiscal years 2024, 2023 and 2022, the Company approved certain restructuring plans to improve operational efficiencies and rationalize its cost structure. All restructuring activities were completed by the fourth quarter of fiscal 2024, and no asset impairments occurred as a result.
The following tables show the activity and the estimated timing of future payouts for accrued restructuring (in thousands):
Severance and
benefits
Total
Balance as of March 31, 2021 $ 580  $ 580 
Adjustments of prior estimates 850  850 
Other non-cash (1,430) (1,430)
Balance as of March 31, 2022 —  — 
Restructuring costs 1,605  1,605 
Cash payments (1,605) (1,605)
Balance as of March 31, 2023 —  — 
Restructuring costs 3,280  3,280 
Cash payments (3,280) (3,280)
Balance as of March 31, 2024 $ —  $ —