XML 68 R54.htm IDEA: XBRL DOCUMENT v3.19.1
Business Segments (Tables)
 12 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Summary Of Financial Information Related To The Company's Business Segments
Summarized financial information related to the Company’s reportable segments at March 31, 2019, 2018 and 2017 and for each of the fiscal years then ended is shown below. 
 
 
Fiscal year ended March 31,
 
 
2019
 
2018
 
2017
Net sales by segment to unaffiliated customers
 
 
 
 
 
 
Americas
 
$
1,690,912

 
$
1,429,888

 
$
1,332,353

EMEA
 
860,563

 
849,420

 
763,013

Asia
 
256,542

 
302,583

 
271,783

Total net sales
 
$
2,808,017

 
$
2,581,891

 
$
2,367,149

Net sales by product line
 
 
 
 
 
 
Reserve power
 
$
1,416,173

 
$
1,247,900

 
$
1,142,327

Motive power
 
1,391,844

 
1,333,991

 
1,224,822

Total net sales
 
$
2,808,017

 
$
2,581,891

 
$
2,367,149

Intersegment sales
 
 
 
 
 
 
Americas
 
$
28,753

 
$
29,513

 
$
26,039

EMEA
 
123,274

 
133,164

 
93,150

Asia
 
34,531

 
23,375

 
22,584

Total intersegment sales(1)
 
$
186,558

 
$
186,052

 
$
141,773

Operating earnings by segment
 
 
 
 
 
 
Americas
 
$
186,814

 
$
189,466

 
$
191,801

EMEA
 
71,963

 
77,671

 
77,376

Asia
 
3,213

 
12,647

 
14,994

Inventory step up to fair value relating to acquisition - Americas
 
(7,263
)
 
—

 
—

Inventory adjustment relating to exit activities - Americas
 
—

 
(3,457
)
 
—

Inventory adjustment relating to exit activities - EMEA
 
(2,590
)
 
—

 
(2,157
)
Inventory adjustment relating to exit activities - Asia
 
(526
)
 
—

 
—

Restructuring charges - Americas
 
(4,066
)
 
(1,246
)
 
(892
)
Restructuring and other exit charges - EMEA
 
(26,989
)
 
(4,023
)
 
(5,487
)
Restructuring charges - Asia
 
(3,654
)
 
(212
)
 
(781
)
Impairment of goodwill and indefinite-lived intangibles - Americas
 
—

 
—

 
(9,346
)
Impairment of goodwill and indefinite-lived intangibles - EMEA
 
—

 
—

 
(4,670
)
Legal proceedings charge, net - EMEA
 
(4,437
)
 
—

 
(23,725
)
Total operating earnings(2)
 
$
212,465

 
$
270,846

 
$
237,113

Property, plant and equipment, net
 
 
 
 
 
 
Americas
 
$
257,559

 
$
210,998

 
$
190,169

EMEA
 
94,932

 
118,263

 
100,042

Asia
 
56,948

 
60,999

 
58,338

Total
 
$
409,439

 
$
390,260

 
$
348,549

Capital Expenditures
 
 
 
 
 
 
Americas
 
$
45,029

 
$
46,905

 
$
34,809

EMEA
 
18,972

 
18,392

 
13,733

Asia
 
6,371

 
4,535

 
1,530

Total
 
$
70,372

 
$
69,832

 
$
50,072

Depreciation and Amortization
 
 
 
 
 
 
Americas
 
$
40,675

 
$
30,421

 
$
30,204

EMEA
 
15,128

 
16,198

 
15,693

Asia
 
7,545

 
7,698

 
8,048

Total
 
$
63,348

 
$
54,317

 
$
53,945

 
(1)
Intersegment sales are presented on a cost-plus basis which takes into consideration the effect of transfer prices between legal entities.
(2)
The Company does not allocate interest expense or other (income) expense, net, to the reportable segments.