General form of registration statement for all companies including face-amount certificate companies

RESTRUCTURING CHARGES

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RESTRUCTURING CHARGES
 6 Months Ended 12 Months Ended
Sep. 30, 2024
Mar. 31, 2024
Restructuring and Related Activities [Abstract]    
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
During the quarters ending September 30, 2024 and 2023, 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) included in other current liabilities:
Severance and Benefits
Balance as of March 31, 2023
$ — 
Restructuring charges
 2,667 
Cash payments
 (2,667)
Balance as of September 30, 2023
$ — 
Balance as of March 31, 2024
$ — 
Restructuring charges
 1,571 
Cash payments
 (1,511)
Other non-cash
 (2)
Balance as of September 30, 2024
$ 58 
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 $ —  $ —