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Restructuring
 12 Months Ended
Mar. 31, 2023
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
The following table summarizes restructuring-related activities during fiscal years 2023 and 2022 (in thousands):
 Termination
Benefits		Contract Termination and Other Total
Accrued restructuring liability at March 31, 2021 (1)
$627 $— $627 
Charges, net879 1,286 2,165 
Cash payments(945)(390)(1,335)
Accrued restructuring liability at March 31, 2022 (1)
$561 $896 $1,457 
Charges, net27,631 6,942 34,573 
Cash payments(14,015)(2,481)(16,496)
Accrued restructuring liability at March 31, 2023 (1)
$14,177 $5,357 $19,534 
(1) The accrual balances are included in accrued and other current liabilities on the Company’s consolidated balance sheets.

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. The Company recorded pre-tax charges totaling $34.6 million in restructuring charges, net in the consolidated statement of operations for the year ended March 31, 2023. The Company expects to substantially complete these restructuring activities within the next twelve months.

During the third quarter of fiscal year 2022, as part of the Company's strategic review, the Company decided to cease future product launches under the Jaybird brand within the Audio & Wearables product category. As a result, the Company recorded $7.6 million in cost of goods sold related to write-offs for excess inventories, $7.0 million impairment to the intangible assets acquired as part of the Jaybird acquisition (see Note 11), and $2.2 million in restructuring charges, net, related to production cancellation costs and employee severance and other termination benefits, for the year ended March 31, 2022. This restructuring plan has been substantially completed during fiscal year 2023.