During the second quarter of fiscal year 2023, the Company initiated a restructuring plan to realign its business group and engineering structure with its go-to-market strategy to more effectively compete within the enterprise market and to better serve end-users. During the fourth quarter of fiscal year 2023, the Company undertook further actions to remove organization layers as well as streamline its marketing organization to increase efficiency. These actions resulted in charges related to employee severance and other termination benefits as well as contract termination and other costs. These restructuring activities were substantially completed during fiscal year 2024.

During the fourth quarter of fiscal year 2025, the Company initiated a restructuring plan to reorganize certain functions to enable increased productivity and efficiency. This plan resulted in charges related to employee severance and other termination benefits. The Company has substantially completed these restructuring activities as of March 31, 2026.



	Termination Benefits		Contract Termination and Other		Total






Accrued restructuring liability at March 31, 2023 (1)	$	14,177	$	5,357	$	19,534
Charges, net	6,011		(2,145)		3,866
Cash payments	(18,375)		(1,757)		(20,132)
Accrued restructuring liability at March 31, 2024 (1)	$	1,813	$	1,455	$	3,268
Charges, net	9,846		(231)		9,615
Cash payments	(2,562)		(241)		(2,803)
Accrued restructuring liability at March 31, 2025 (1)	$	9,097	$	983	$	10,080
Charges, net	7,584		2,276		9,860
Cash payments	(13,558)		(2,299)		(15,857)
Accrued restructuring liability at March 31, 2026 (1)	$	3,123	$	960	$	4,083