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Accounts Receivable Discount Programs (Tables) | 3 Months Ended
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Jun. 30, 2019
Accounts Receivable Discount Programs [Abstract] |
Accounts Receivable Discount Programs | The following is a summary of accounts receivable discount programs:
|  | Three Months Ended June 30, |
|  | 2019 |  |  | 2018 |
Receivables discounted |  | $ | 96,854,000 |  |  | $ | 86,785,000 |
Weighted average days |  |  | 346 |  |  |  | 334 |
Annualized weighted average discount rate |  |  | 3.9 | % |  |  | 4.1 | %
Amount of discount recognized as interest expense |  | $ | 3,649,000 |  |  | $ | 3,324,000 |

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- Definition Tabular disclosure of accounts receivable factored out to banks. Disclosure includes amounts factored, weighted average days, weighted average discount rate and amount of discount. + References No definition available. + Details
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