| Disposal Groups, Including Discontinued Operations |
The following table summarizes the activities included in Restructuring and realignment expense for the fiscal year ended March 31, 2026: | | | | | | | (Amounts in thousands) | 2026 | Loss (gain) on disposal of assets and costs from exit and disposal activities: | | Accelerated depreciation and impairment of property, plant and equipment | $ | 28,786 | | | Severance | 2,743 | | | Impairment of right-of-use assets | 2,448 | | | Other exit and disposal costs | 2,273 | | | Selling, general and administrative expenses: | | | Realignment expenses | 12,049 | | | Total 2026 Restructuring Plan activities | $ | 48,299 | |
| | | | | | | (Amounts in thousands) | | | Cash | $ | 9,184 | | | Accounts receivable | 6,957 | | | Inventory | 6,848 | | | Other current assets | 1,284 | | | Property, plant and equipment | 18,645 | | | Other assets | 533 | | | Total assets held for sale | $ | 43,451 | | | | | Current maturities of debt obligations | $ | 562 | | | Accounts payable | 2,776 | | | Accrued expenses | 8,669 | | | Other liabilities | 3,132 | | | Total liabilities held for sale | $ | 15,139 | |
The following table summarizes the major classes of items constituting the results from discontinued operations for presented in the Consolidated Statement of Operations for fiscal year 2026: | | | | | | | (Amounts in thousands) | | | Net sales | $ | 4,701 | | | Cost of goods sold | 3,427 | | | Gross profit | 1,274 | | | Selling, general and administrative | 2,364 | | | Net loss from discontinued operations | $ | (1,090) | |
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| Restructuring and Related Costs |
The following table summarizes the restructuring liability for the periods presented: | | | | | | | | | (Amounts in thousands) | 2026 | | | | Accrual balance at April 1 | $ | — | | | | | Costs incurred | 48,299 | | | | | Non-cash charges | (31,234) | | | | | Expenses paid | (15,864) | | | | | Accrual balance at end of period | $ | 1,201 | | | |
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