v3.25.1
BUSINESS REORGANIZATION
12 Months Ended
Mar. 31, 2025
Restructuring and Related Activities [Abstract]  
BUSINESS REORGANIZATION BUSINESS REORGANIZATION
We have implemented a cost reduction program to identify efficiencies across our business (the "2024 Plan"), which includes eliminating several projects in development and streamlining our organizational structure. The 2024 Plan was largely completed as of March 31, 2025, and we do not anticipate any additional actions from this plan. Immaterial, additional costs relating to certain actions may be incurred during the fiscal year ending 2026.
We incurred business reorganization expenses of $106.5, $104.6, and $14.6 during the fiscal year ended March 31, 2025, 2024, and 2023, respectively.
In connection with the 2024 Plan, we incurred the following expenses:
Fiscal Year Ended March 31,
20252024
Employee-related costs$51.5 $3.2 
Title cancellations (1)
35.1 88.2 
Loss on divestitures 11.4 — 
Impairment loss of ROU asset (office closures)3.9 — 
Other4.6 1.9
Total business reorganization expenses$106.5 $93.3 
(1) Refer to Note 7 - Software Development Costs and Licenses
Through March 31, 2025 and 2024, respectively, we paid $62.9 and $1.9, related to these reorganization activities and $11.2 and $13.1 remained accrued for in Accrued expenses and other current liabilities.