Right-of-use assets and lease liabilities balances consist of the following (dollars in thousands):



	March 31, 2026			March 31, 2025
Right-of-use assets included in other assets, net	$	16,159		$	19,341
Short-term lease liabilities included in other accrued expenses	$	9,667		$	9,351
Long-term lease liabilities included in other liabilities	$	19,898		$	26,939

Supplemental balance sheet information:
Weighted average remaining lease term	3.5 years			4.5 years
Weighted average discount rate	5.5		%	5.4		%

The Company leases its office facilities under non-cancellable operating leases that expire at various dates through fiscal 2031. 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.

The components of lease cost, net for the twelve months ended March 31, 2026 and 2025, respectively, were as follows (dollars in thousands):


	For the twelve months ended March 31,
	2026		2025
Operating lease costs	$	7,534	$	7,797
Operating sublease income	2,035		1,251
Total leases costs, net	$	5,499	$	6,546

The following table presents future minimum payments under all operating leases and subleases (including operating leases with a duration of one year or less and excluding ASC 840 leases related to restructuring plans) as of March 31, 2026 (dollars in thousands):


Fiscal year:	Operating lease payments		Payments expected under noncancellable subleases		Net operating lease payments
2027	$	9,901	$	(2,303)	7,598
2028	9,457		(2,366)		7,091
2029	9,036		(2,290)		6,746
2030	2,591		(189)		2,402
2031	1,708		—		1,708
Thereafter	—		—		—
Total undiscounted lease payments	32,693		(7,148)		25,545
Less: Interest and short-term leases	3,128		(765)		2,363
Total discounted operating lease liabilities	$	29,565	$	(6,383)	$	23,182