Quarterly report [Sections 13 or 15(d)]

RESTRUCTURING CHARGES

v3.26.1
RESTRUCTURING CHARGES
 3 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
During the quarters ended June 30, 2026 and 2025, the Company approved certain restructuring plans to complete a plan to rationalize its cost structure. All restructuring activities from prior years were completed by the fourth quarter of fiscal 2026. During fiscal year 2026, all employees were notified; however, due to local requirements, not all employees had left employment by the end of the fiscal year.
The following tables show the activity for accrued restructuring (in thousands):
Severance and
benefits
Balance as of March 31, 2025 $ 786 
Restructuring charges 2,423 
Cash payments (1,475)
Other non-cash 45 
Balance as of June 30, 2025 1,779 
Balance as of March 31, 2026 566 
Restructuring charges 23 
Cash payments (521)
Other non-cash 2 
Balance as of June 30, 2026 $ 70