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LEASES
 9 Months Ended
Dec. 31, 2022
Leases [Abstract]  
LEASES LEASES:
Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands):
December 31, 2022March 31, 2022
Right-of-use assets included in other assets, net$34,953 $59,459 
Short-term lease liabilities included in other accrued expenses$10,467 $8,984 
Long-term lease liabilities included in other liabilities$39,097 $52,241 
Supplemental balance sheet information:
Weighted average remaining lease term5.8 years6.4 years
Weighted average discount rate3.5 %3.6 %

The Company leases its office facilities under non-cancellable operating leases that expire at various dates through fiscal 2030. Certain leases contain provisions for property-related costs that are variable in nature for which the Company is responsible, including common area maintenance and other property operating services. These costs are calculated based on a variety of factors including property values, tax and utility rates, property service fees, and other factors. Operating lease costs were $9.0 million and $8.1 million for the nine months ended December 31, 2022 and 2021, respectively.

During the nine months ended December 31, 2022, the Company recorded $15.5 million of impairment charges that are included in gains, losses and other items, net in the condensed consolidated statements of operations related to the exit from certain leased office facilities. Please refer to Note 13, Restructuring, Impairment and Other Charges for further details.

Future minimum payments under all operating leases (including operating leases with a duration of one year or less) as of December 31, 2022 are as follows (dollars in thousands):  

Amount
Fiscal 2023$2,809 
Fiscal 20249,987 
Fiscal 20258,514 
Fiscal 20269,027 
Fiscal 20278,017 
Thereafter16,584 
Total undiscounted lease commitments54,938 
Less: Interest and short-term leases5,374 
Total discounted operating lease liabilities$49,564 
Future minimum payments as of December 31, 2022 related to restructuring plans as a result of the Company's exit from certain leased office facilities (see Note 13) are as follows (dollars in thousands): Fiscal 2023: $675; Fiscal 2024: $2,698; Fiscal 2025: $2,698; and Fiscal 2026: $1,799.