RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

9 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

RESTRUCTURING, IMPAIRMENT AND OTHER CHARGES:

The following table summarizes the Company's restructuring activity for the nine months ended December 31, 2021 (dollars in thousands).

	Employee-related reserves		Lease accruals		Total
Balances at March 31, 2021	$	825	$	3,918	$	4,743
Restructuring charges and adjustments	—		—		—
Payments	(778)		(663)		(1,441)
Balances at December 31, 2021	$	47	$	3,255	$	3,302

Employee-related Restructuring Plans

In fiscal 2021, the Company recorded a total of $1.7 million in employee-related restructuring charges and adjustments. The expense included severance and other employee-related charges in the United States and Europe. The remaining employee-related charges are expected to be paid out during fiscal 2022.

Lease-related Restructuring Plans

In fiscal 2017, the Company made the strategic decision to exit and sub-lease a certain leased office facility under a staggered-exit plan. The full exit was completed in fiscal 2019. We intend to continue subleasing the facility to the extent possible. The liability will be satisfied over the remainder of the leased property's term, which continues through November 2025. Any future changes in the estimates or in the actual sublease income may require future adjustments to the liabilities, which would impact net earnings (loss) in the period the adjustment is recorded. Through December 31, 2021, the Company has recorded a total of $7.3 million of restructuring charges and adjustments related to this lease. Of the amount accrued for this facility lease, $3.3 million remained accrued at December 31, 2021.

Gains, Losses and Other Items, net

The following table summarizes the activity included in gains, losses and other items, net in the condensed consolidated statements of operations for each of the periods presented (dollars in thousands): 

	Three Months Ended December 31,				Nine Months Ended December 31,
	2021		2020		2021		2020
Restructuring plan charges and adjustments	$	—	$	(5)	$	—	$	1,197
Early contract terminations	—		—		1,042		—
Other	—		(1)		254		173
	$	—	$	(6)	$	1,296	$	1,370