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Restructuring
3 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
We initiated a restructuring plan in the first quarter of fiscal 2026 intended to optimize our Business Technology organization. The objective of this plan is to realign the workforce, invest in emerging capabilities, modernize the technology landscape, and streamline operations to operate with greater agility and customer focus. These charges relate primarily to severance and related costs associated with headcount reductions and stock-based compensation related to modifications of existing awards granted to certain employees impacted by the plan. We anticipate the restructuring plan will be completed in fiscal 2026. The total costs to be incurred related to the restructuring plan cannot be estimated at this time.
In the fourth quarter of fiscal 2024, we initiated a restructuring plan which was completed in fiscal 2025. It was intended to enhance customer satisfaction through the reorganization and redesign of our customer success functions. The realignment of the customer success structure aimed to optimize operational efficiency and improve continuity for our customers through the pre-sales and post-sales experience. These charges related primarily to severance and related costs associated with headcount reductions, stock-based compensation related to modifications of existing awards granted to certain employees impacted by the plan and office termination and exit charges.
For the three months ended June 30, 2025 and 2024, restructuring charges were comprised of the following:
Three Months Ended June 30,
20252024
Employee severance and related costs$162 $269 
Lease exit costs (1)
— 402 
Stock-based compensation75 4,008 
Total restructuring charges$237 $4,679 
(1) Lease exit costs relate to one office for the three months ended June 30, 2024.

Restructuring accrual
The accrual activity related to our restructuring plans for the three months ended June 30, 2025 was as follows:
Total (1)
Beginning balance$790 
Employee severance and related costs162 
Payments(358)
Ending balance$594 
(1) During the three months ended June 30, 2025, there were no new charges incurred and $353 in payments made related to our prior restructuring plan that was completed in fiscal 2025. The amount included in the ending balance as of June 30, 2025 related to the completed plan was $437.