Acquisition (Tables)

12 Months Ended

Mar. 31, 2019

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The acquired assets and assumed liabilities include the following:



Accounts receivable	$	115,467
Inventories	84,297
Other current assets	6,822
Other intangible assets	332,000
Property, plant and equipment	20,987
Other assets	9,005
Total assets acquired	$	568,578
Accounts payable	35,803
Accrued liabilities	41,918
Deferred income taxes	56,331
Other liabilities	12,642
Total liabilities assumed	$	146,694
Net assets acquired	$	421,884

Purchase price:
Cash paid for net assets acquired	$	650,000
Fair value of shares issued for net assets acquired	93,268
Working capital adjustment	(766		)
Total purchase consideration	742,502
Less: Fair value of acquired identifiable assets and liabilities	421,884
Goodwill	$	320,618

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The following table summarizes the estimated fair value of Alpha's identifiable intangible assets and the initial assessment of their respective estimated lives:



	Type	Life in Years	Fair Value
Trademarks	Indefinite-lived	Indefinite	$	56,000
Customer relationships	Finite-lived	14	221,000
Technology	Finite-lived	10	55,000
Total identifiable intangible assets			$	332,000

Business Acquisition, Pro Forma Information

The following unaudited summary information is presented on a consolidated pro forma basis as if the acquisition had occurred on April 1, 2017:



	Fiscal year ended
	March 31, 2019		March 31, 2018
Net sales	$	3,278,646	$	3,124,527
Net earnings attributable to EnerSys stockholders	207,904		126,965
Net earnings per share attributable to EnerSys stockholders - basic	4.79		2.90
Net earnings per share attributable to EnerSys stockholders - assuming dilution	4.71		2.87