Quarterly report [Sections 13 or 15(d)]

RESTRUCTURING CHARGES

v3.26.3
RESTRUCTURING CHARGES
6 Months Ended
Sep. 30, 2026
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGES RESTRUCTURING CHARGES
During the six months ended September 30, 2026, the Company continued to carry out existing restructuring plans 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 5,616 
Cash payments (5,599)
Other non-cash 52 
Balance as of September 30, 2025 855 
Balance as of March 31, 2026 566 
Restructuring charges 315 
Cash payments (854)
Other non-cash 2 
Balance as of September 30, 2026 $ 29