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Accounts Receivable Discount Programs (Tables) | 9 Months Ended
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Dec. 31, 2019
Accounts Receivable Discount Programs [Abstract] |
Accounts Receivable Discount Programs | The following is a summary of accounts receivable discount programs:
|  | Nine Months Ended December 31, |
|  | 2019 |  |  | 2018 |
Receivables discounted |  | $ | 341,339,000 |  |  | $ | 287,206,000 |
Weighted average days |  |  | 347 |  |  |  | 340 |
Annualized weighted average discount rate |  |  | 3.5 | % |  |  | 4.2 | %
Amount of discount recognized as interest expense |  | $ | 11,570,000 |  |  | $ | 11,377,000 |

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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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