v3.7.0.1

Consolidated Statements of Income - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Mar. 31, 2017 | Mar. 31, 2016 | Mar. 31, 2015
Income Statement [Abstract] |  |  |
Net sales | $ 2,367,149 | $ 2,316,249 | $ 2,505,512
Cost of goods sold | 1,714,367 | 1,704,472 | 1,864,601
Inventory adjustment relating to exit activities - See Note 19 | 2,157 | 0 | 0
Gross profit | 650,625 | 611,777 | 640,911
Operating expenses | 369,863 | 352,767 | 358,381
Restructuring and other exit charges - See Note 19 | 7,160 | 12,978 | 11,436
Impairment of goodwill, indefinite-lived intangibles and fixed assets - See Note 5 | 14,016 | 36,252 | 23,946
Legal proceedings charge / (reversal of legal accrual, net of fees) - See Note 18 | 23,725 | 3,201 | (16,233)
Gain on sale of facility | 0 | (3,420) | 0
Operating earnings | 235,861 | 209,999 | 263,381
Interest expense | 22,197 | 22,343 | 19,644
Other (income) expense, net | 969 | 5,719 | (5,602)
Earnings before income taxes | 212,695 | 181,937 | 249,339
Income tax expense | 54,472 | 50,113 | 67,814
Net earnings | 158,223 | 131,824 | 181,525
Net (losses) earnings attributable to noncontrolling interests | (1,991) | (4,326) | 337
Net earnings attributable to EnerSys stockholders | $ 160,214 | $ 136,150 | $ 181,188
Net earnings per common share attributable to EnerSys stockholders: |  |  |
Basic (usd per share) | $ 3.69 | $ 3.08 | $ 3.97
Diluted (usd per share) | 3.64 | 2.99 | 3.77
Dividends per common share (usd per share) | $ 0.70 | $ 0.70 | $ 0.70
Weighted-average number of common shares outstanding: |  |  |
Basic (in shares) | 43,389,333 | 44,276,713 | 45,606,317
Diluted (in shares) | 44,012,543 | 45,474,130 | 48,052,729

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