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Restructuring and other related costs | 12 Months Ended
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Mar. 31, 2021
Restructuring and Related Activities [Abstract] |
Restructuring and other related costs | Restructuring and other related costs 2021 Restructuring Plan In March 2021, a restructuring plan (the "2021 Restructuring Plan") was approved to close the Company's manufacturing plant in Rancho Cucamonga, California. Activities associated with the 2021 Restructuring Plan included the closure of the facility; the impairment of plant assets, including equipment and leasehold improvements; the disposal of excess inventory on hand at the plant; and the termination of manufacturing plant employees. The following table presents the restructuring expense incurred during the year ended March 31, 2021 (in thousands) in connection with the 2021 Restructuring Plan:
| March 31, 2021
Property, plant and equipment impairment | $ | 2,097 |
Inventory disposal | 343 |
Employee severance and related expenses | 23 |
Other costs, including other asset write-offs | 178 |
Total | $ | 2,641 |
Liabilities related to the 2021 Restructuring Plan were not material as of March 31, 2021. 2019 Restructuring Plan In February 2019, the Company closed all 22 e.l.f. retail stores and implemented a workforce reduction of employees that operated and managed the e.l.f. retail stores (the “2019 Restructuring Plan”). The following table presents the restructuring (income) expenses incurred for the year ended March 31, 2020 and the three-month transition period ended March 31, 2019, respectively, in connection with the 2019 Restructuring Plan (in thousands):
|  |  | March 31, 2020 |  | Three months ended March 31, (transition period)
|  |  | 2020 |  | 2019
Acceleration of rent expense |  |  | $ | — |  |  | $ | 16,106 |
Acceleration of depreciation expense |  |  | — |  |  | 5,377 |
Gain from extinguishment of lease liabilities |  |  | (7,733) |  |  | (1,866) |
Employee severance and related expenses |  |  | — |  |  | 600 |
Other costs, including other asset write-offs |  |  | 1,751 |  |  | 1,959 |
Total |  |  | $ | (5,982) |  |  | $ | 22,176 |
The acceleration of rent expense is net of a $1.9 million gain related to operating lease liabilities that were extinguished as of March 31, 2019. This gain represents the difference between the aggregate operating lease liability established upon adoption of ASC 842 and the aggregate cash charge incurred to extinguish the aggregate liability. The gross accelerated rent expense of $16.1 million is included in depreciation and amortization in the statement of cash flows in the transition period for the three months ended March 31, 2019. The majority of the other costs incurred during the three-month transition period ended March 31, 2019 and the year ended March 31, 2020 are legal fees related to this extinguishment. As of March 31, 2020, the Company has settled all outstanding lease liabilities related to its e.l.f. retail store closures and does not expect to incur additional costs associated with the 2019 Restructuring Plan. Liabilities related to the 2019 Restructuring Plan are reported within accrued expenses and other current liabilities in the accompanying consolidated balance sheets. There were no costs incurred or cash disbursements made during the year ended March 31, 2021. The following table presents a roll-forward of the Company's restructuring liability for the three-month transition period ended March 31, 2019 and the year ended March 31, 2020, respectively (in thousands):
|  | Employee severance and related expenses |  | Other costs |  | Total
December 31, 2018 |  | $ | — |  |  | $ | — |  |  | $ | — |
Costs incurred |  | 600 |  |  | 1,118 |  |  | 1,718 |
Cash disbursements |  | (504) |  |  | (443) |  |  | (947) |
Other adjustments |  | — |  |  | — |  |  | — |
March 31, 2019 |  | $ | 96 |  |  | $ | 675 |  |  | $ | 771 |
Costs incurred and other adjustments |  | (22) |  |  | 1,634 |  |  | 1,612 |
Cash disbursements |  | (74) |  |  | (2,309) |  |  | (2,383) |
March 31, 2020 |  | $ | — |  |  | $ | — |  |  | $ | — |
Outstanding lease liabilities are not included in the table above, as those liabilities were established upon adoption of ASC 842, not in connection with the 2019 Restructuring Plan

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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