During fiscal 2025, we incurred restructuring charges of $10.9 million in employee separation costs due to the elimination of 226 positions throughout the Company. Cash payments for all the employee separation costs will be paid by the end of fiscal 2026.

There were no restructuring charges incurred during fiscal 2024 or 2023.

The following table summarizes our restructuring accrual for employee separation costs. At September 30, 2025, the balance was classified as current liabilities and recorded in other accrued liabilities within the accompanying consolidated balance sheets.


	Year Ended
	September 30, 2025
	(In thousands)
Restructuring accrual, beginning balance	$	—
Expense additions	10,922
Cash payments	(948)
Restructuring accrual, ending balance	$	9,974