IMPAIRMENT LOSSES AND RESTRUCTURING CHARGES

Impairment Losses

During the last quarter of 2018, we closed one of our facilities in US. The closure resulted in the recognition of an impairment loss of $483 related to the disposal of certain assets. No impairment losses were incurred during the year ended March 31, 2018.

Restructuring Charges

The table below summarizes the balance of accrued restructuring costs, which is included in other accrued liabilities in our consolidated balance sheets, and the changes during the nine months ended December 31, 2018:



	Employee-related			Facilities-related			Total
Balance as of March 31, 2018	$	—		$	1,868		$	1,868
Restructuring liability acquired as part of the Aegis Transactions	400			329			$	729
Accruals	1,948			1,531			$	3,479
Payments	(1,588		)	(1,460		)	$	(3,048	)
Balance as of December 31, 2018	$	760		$	2,268		$	3,028

Employee-related charges

In conjunction with the closing of the Aegis Transactions, we eliminated a number of positions which were considered redundant, under a company-wide restructuring plan. We established reserves for employee related costs of $1,948 across a number of geographies. We expect to pay the remaining costs by the end of third quarter 2019.

Facilities-related charges

In conjunction with the closing of the Aegis Transactions, we terminated various leases in the United States and the Philippines. We established a reserve for the remaining costs associated with the leases in the amount of $1,531. We expect to pay the remaining costs by the end of the first quarter of 2021.

The Company has ceased operations in the United Kingdom on January 12, 2018. Upon closure, the Company recorded a reserve for the remaining costs associated with the lease of $1,868 as of March 31, 2018. We expect to pay the remaining costs by the end of the second quarter 2019.