12.RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

The Company records costs associated with employee terminations and other exit activity in accordance with applicable accounting standards when those costs become probable and are reasonably estimable. The following table summarizes the restructuring activity for the nine months ended December 31, 2015 (dollars in thousands):

	Associate-related reserves			Ongoing contract costs			Total
Continuing operations:
Balance at March 31, 2015	$	7,211		$	5,228		$	12,439
Charges and adjustments	4,961			1,968			6,929
Payments	(10,555		)	(3,974		)	(14,529		)

Balance at December 31, 2015	$	1,617		$	3,222		$	4,839


Discontinued operations:
Balance at March 31, 2015				$	8,422
Charges and adjustments				—
Disposal				(7,946		)
Payments				(476		)

Balance at December 31, 2015				$	—

The above balances from continuing operations are included in accrued expenses and other liabilities on the condensed consolidated balance sheet.

Restructuring Plans

In the nine months ended December 31, 2015, the Company recorded a total of $7.3 million in restructuring charges and adjustments included in gains, losses and other items, net in the condensed consolidated statement of operations. The expense included severance and other associate-related charges of $5.0 million, lease termination charges and accruals of $2.0 million, and leasehold improvement write offs of $0.3 million.

The associate-related accruals of $5.0 million relate to the termination of associates in the United States, Europe, Brazil, and Australia. Of the amount accrued for 2016, $0.8 million remained accrued as of December 31, 2015. These costs are expected to be paid out in fiscal 2016.

The lease termination charges and accruals of $2.0 million included a $1.4 million lease early-termination fee in France, a lease accrual of $0.3 million, and a $0.3 million increase to the fiscal 2015 lease restructuring plans. The lease early-termination fee was fully paid during the quarter ended December 31, 2015. Of the amount accrued during the current fiscal year, $0.2 million remained accrued as of December 31, 2015.

In fiscal 2015, the Company recorded a total of $21.8 million in restructuring charges and adjustments included in gains, losses and other items, net in the condensed consolidated statement of operations. The expense included severance and other associate-related charges of $13.3 million, lease accruals of $6.5 million, and the write-off of leasehold improvements of $2.0 million.

The associate-related accruals of $13.3 million related to the termination of associates in the United States, Europe, Australia, and China and included an increase of $0.7 million to the fiscal 2014 restructuring plan. Of the amount accrued for 2015, $0.8 million remained accrued as of December 31, 2015. These costs are expected to be paid out in fiscal 2016.

The lease accruals of $6.5 million were determined in accordance with the accounting standards which govern exit costs. These accounting standards require the Company to accrue for lease costs that will continue to be incurred without economic benefit to the Company upon the date that the Company ceases using the leased properties. The Company has ceased using certain leased office facilities. The Company intends to attempt to sublease the facilities to the extent possible. The Company established a liability for the fair value of the remaining lease payments, partially offset by the estimated sublease payments to be received over the course of the leases. The fair value of these liabilities is based on a net present value model using a credit-adjusted risk-free rate. The liability will be paid out over the remainder of the leased properties’ terms, which continue through November 2025. Actual sublease terms may differ from the estimates originally made by the Company. Any future changes in the estimates or in the actual sublease income could require future adjustments to the liabilities, which would impact net earnings (loss) in the period the adjustment is recorded. Of the amount accrued for 2015, $3.0 million remained accrued as of December 31, 2015.

Gains, Losses and Other Items

The following table presents the components of gains, losses and other items for each of the periods presented (dollars in thousands):

	For the quarter ended December 31				For the nine months ended December 31
	2015		2014		2015		2014
Restructuring plan charges and adjustments	$	4,008	$	3,381	$	7,310	$	10,522
LiveRamp acquisition-related costs	—		—		—		820
Impairment of goodwill and other assets	—		—		706		—
Other	50		—		82		—

	$	4,058	$	3,381	$	8,098	$	11,342