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Restructuring
 6 Months Ended
Sep. 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. We anticipate the workforce realignment and identification of planned technology changes will be completed in fiscal 2026, and the remaining activities under the restructuring plan, including the technology transitions, are expected to be completed in fiscal 2027. Charges incurred to date relate primarily to severance and associated costs from headcount reductions and stock-based compensation resulting from modifications to existing awards granted to certain employees impacted by the plan. The majority of the workforce realignment costs have been incurred in the first half of fiscal 2026.
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 and six months ended September 30, 2025 and 2024, restructuring charges were comprised of the following:
Three Months Ended September 30,Six Months Ended September 30,
2025202420252024
Employee severance and related costs$1,018 $386 $1,180 $655 
Lease exit costs (1)
— — — 402 
Stock-based compensation411 180 486 4,188 
Total restructuring charges$1,429 $566 $1,666 $5,245 
(1) Lease exit costs relate to one office for the six months ended September 30, 2024.

Restructuring accrual
The accrual activity related to our restructuring plans for the six months ended September 30, 2025 was as follows:
Total (1)
Beginning balance$790 
Employee severance and related costs1,180 
Payments(1,604)
Ending balance$366 
(1) During the six months ended September 30, 2025, there were no new charges incurred and $726 in payments made related to our prior restructuring plan that was completed in fiscal 2025. The amount included in the ending balance as of September 30, 2025 related to the completed plan was not significant.