Accounts Receivable Discount Programs (Tables)

3 Months Ended

Jun. 30, 2016

Accounts Receivable Discount Programs [Abstract]

Schedule of accounts receivable discount programs

The following is a summary of the Company’s accounts receivable discount programs:

	Three Months Ended June 30,
	2016			2015
Receivables discounted	$	80,649,000		$	79,247,000
Weighted average days		341			342
Annualized weighted average discount rate		2.7	%		2.1	%
Amount of discount as interest expense	$	2,068,000		$	1,579,000