“Other income, net decreased by $42.7 million during the nine months ended March 31, 2026, as compared to the prior year period, primarily due to the following: • a $40.6 million decrease due to a gain on debt extinguishment recognized in prior year periods resulting from the partial repurchase of our 2025 Notes and 2027 Notes (each as defined in Liquidity and Capital Resources below); • a $5.4 million decrease due to interest expense from the new 2025 Credit Facility (as defined in Liquidity and Capital Resources below); partially offset by • a $4.0 million increase in interest income, primarily due to a higher average balance of corporate funds, partially offset by lower yield driven by the decrease in interest rates.”
“Research and Development Expenses Research and development expenses decreased by $12.2 million during the three months ended March 31, 2026 as compared to the prior year period, primarily due to: • a $10.9 million decrease due to a higher number of initiatives subject to capitalization of internal-use software costs; and • a $2.7 million decrease in personnel-related expense, including stock-based compensation expense, primarily driven by the decrease from our RIFs executed during the current fiscal year; partially offset by • a $1.1 million increase in other costs, primarily from higher software licenses and subscriptions and an increase in shared overhead.”
“Restructuring, other exit costs, and facility reductions 30 (75) (71) % 105 The decrease is due to the restructuring plan initiated during the first quarter of fiscal 2026 which was substantially complete as of January 31, 2026.”