v3.26.1
RESTRUCTURING AND RELATED CHARGES (Tables)
 12 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
The following table summarizes the costs recorded during the periods indicated in connection with the 2025 restructuring plan:
Year Ended March 31,Estimated Restructuring and
Related Charges
20262025Remaining to be incurredTotal to be incurred
Costs recorded in cost of goods sold:
Inventory-related costs(1)
$13,193 $— 
Total costs recorded in cost of goods sold$13,193 $— $— $13,193 
Costs recorded in restructuring charges:
Employee-related costs $9,081 $14,767 
Facility-related costs(2)
35,938 25,495 
Other restructuring costs(3)
82,700 17,707 
Total costs recorded in restructuring charges$127,719 $57,969 $34,045 $219,733 
Costs recorded in selling, general and administrative expenses:
Employee-related costs$5,639 $9,460 
Other transformation initiatives24,956 21,733 
Total costs recorded in selling, general and administrative expenses$30,595 $31,193 $10,286 $72,074 
Total restructuring and related charges$171,507 $89,162 $44,331 $305,000 
(1) Inventory-related costs for Fiscal 2026 include non-cash inventory reserves relating to the separation of the Curry Brand.
(2) Facility-related costs for Fiscal 2026 include an impairment charge of $15.9 million relating to the previously disclosed decision to exit the Company's distribution facility in Rialto, California.
(3) Other restructuring costs for Fiscal 2026 include $69.7 million of non-cash contract termination costs, primarily relating to the separation of the Curry Brand.
Schedule of Activity in the Restructuring Reserve
A summary of the activity in the restructuring reserve related to the Company's 2025 restructuring plan for Fiscal 2026 is as follows:
Employee-Related CostsFacility-Related CostsOther Restructuring Related CostsTotal
Balance as of March 31, 2025$3,935 $712 $10,698 $15,345 
Net additions (recoveries) charged to expense (1)
9,081 6,493 12,892 28,466 
Cash payments (12,284)(6,652)(21,670)(40,606)
Foreign exchange and other(11)(2)(34)(47)
Balance as of March 31, 2026$721 $551 $1,886 $3,158 
(1) Amounts exclude $29.4 million of non-cash facility-related charges and $83.0 million of non-cash other restructuring-related charges recorded during Fiscal 2026.