OTHER CHARGES (INCOME), NET Other charges (income), net for the fiscal years ended March 31, 2019, 2018 and 2017 are primarily composed of the following: | | | | | | | | | | | | | | Fiscal Year Ended March 31 | | 2019 | | 2018 | | 2017 | | (In thousands) | Gain on deconsolidation of subsidiary (1) | $ | (87,348 | ) | | $ | (151,574 | ) | | $ | — |
| (Gain) loss on sale of non-strategic business (2) | — |
| | (38,689 | ) | | 7,400 |
| Investment impairments and dispositions (3) | 193,063 |
| | 21,895 |
| | — |
|
| | (1) | During fiscal year ended March 31, 2019 the Company recognized other income of approximately $87 million from the deconsolidation of Bright Machines (formally known as AutoLab AI). The fiscal year ended March 31, 2018 includes a $151.6 million gain from the deconsolidation of Elementum. See note 2 for additional information on the deconsolidation of Bright Machines and Elementum. |
| | (2) | The Company recognized other income of $38.7 million from the sale of Wink during fiscal year 2018. See note 2 for additional information on the sale of Wink. Fiscal year 2017 includes a $7.4 million loss attributable to a non-strategic facility sold during the second quarter of that year. |
| | (3) | During fiscal year ended March 31, 2019 the Company recognized investment impairments of $193.1 million, under other charges, which is primarily driven by an $84 million impairment in its investment in Elementum, coupled with a $76 million loss for the portion of its investment in an unrelated third-party venture backed company, also determined to be impaired. See note 2 for additional information on the impairments. The Company recognized $21.9 million of impairment during fiscal year 2018 for certain non-core investments. |
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