Restructuring and Exit Charges

12 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

Restructuring and Exit Charges

RESTRUCTURING AND EXIT CHARGES

In February 2023, we announced and began implementing a restructuring plan that included a reduction in workforce and other exit costs.

The following table summarizes restructuring reserve activity (in thousands):

	Employee Severance and Benefits		Third Party Costs		Total
Accrued liability as of March 31, 2022	$	—	$	—	$	—
Charges / Accruals	1,657		892		2,549
(Payments)	(547)		(769)		(1,316)
Accrued liability as of March 31, 2023	$	1,110	$	123	$	1,233

The charges incurred due to the restructuring plan are included within Restructuring and exit charges in the Consolidated Statements of Operations and the accrued employee severance and benefits as of March 31, 2023 is included in Accrued Liabilities on our Consolidated Balance Sheets.