Accounts Receivable Discount Programs (Tables)

9 Months Ended

Dec. 31, 2018

Accounts Receivable Discount Programs [Abstract]

Accounts Receivable Discount Programs

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

	Nine Months Ended December 31,
	2018			2017
Receivables discounted	$	287,206,000		$	263,833,000
Weighted average days		340			341
Annualized weighted average discount rate		4.2	%		3.2	%
Amount of discount as interest expense	$	11,377,000		$	7,854,000