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Accounts Receivable Discount Programs (Tables)
3 Months Ended
Jun. 30, 2022
Accounts Receivable Discount Programs [Abstract]  
Accounts Receivable Discount Programs
The following is a summary of accounts receivable discount programs:

 
 
Three Months Ended
June 30,
 
 
 
2022
   
2021
 
Receivables discounted
 
$
142,624,000
   
$
146,669,000
 
Weighted average days
   
327
     
329
 
Annualized weighted average discount rate
   
3.7
%
   
1.8
%
Amount of discount recognized as interest expense
 
$
4,874,000
   
$
2,473,000