BUSINESS REORGANIZATION

12 Months Ended

Mar. 31, 2020

Restructuring and Related Activities [Abstract]

BUSINESS REORGANIZATION

BUSINESS REORGANIZATION

        In the first quarter of fiscal 2018, we announced and initiated actions to implement a strategic reorganization at one of our labels (the "2018 Plan"). In the fourth quarter of fiscal 2018, we announced and initiated a second phase of the 2018 plan. In connection with both phases of this initiative, we incurred business reorganization expenses of $83, $972, and $14,742 during the fiscal year ended March 31, 2020, 2019 and 2018, respectively, due primarily to employee separation costs. Through March 31, 2020, we had paid $9,502 related to these reorganization activities. As of March 31, 2020, $3,862 remained accrued for in Accrued expenses and other current liabilities and $2,493 in Other non-current liabilities. Although we may record additional expense or benefit in future periods to true-up estimates, we do not expect to incur additional reorganization in connection with the 2018 Plan.

        In fiscal 2016, we announced and initiated actions to implement a strategic reorganization at one of our labels (the "2016 Plan"), including reorganizing one development studio and closing two development studios. During fiscal 2016, we incurred business reorganization expenses of $71,285 due primarily to employee separation costs in connection with this initiative and did not incur expenses in fiscal 2017 or 2018. During fiscal 2019, we recognized a benefit of $5,930 as a result of updating our estimate of costs to complete the plan. Through March 31, 2019, we had paid $65,355 related to these reorganization activities. As of March 31, 2019, the 2016 Plan was completed and no further amounts remain accrued or were expected to be incurred.