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Acquisition (Tables) | 9 Months Ended
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Dec. 30, 2018
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The acquired assets and assumed liabilities include the following:
Accounts receivable |  | $ | 115,467 |
Inventories |  | 93,262 |
Other current assets |  | 6,822 |
Other intangible assets |  | 319,434 |
Property, plant and equipment |  | 20,507 |
Other assets |  | 7,165 |
Total assets acquired |  | $ | 562,657 |
Short-term debt |  | 264 |
Accounts payable |  | 34,009 |
Accrued liabilities |  | 43,636 |
Deferred income taxes |  | 60,292 |
Other liabilities |  | 10,802 |
Total liabilities assumed |  | $ | 149,003 |
Net assets acquired |  | $ | 413,654 |
Purchase price |  | $ | 750,000 |
Less: Fair value of acquired identifiable assets and liabilities |  | 413,654 |
Goodwill |  | $ | 336,346 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | Information regarding the Company’s other intangible assets are as follows:
|  | Balance as of
|  | December 30, 2018 |  | March 31, 2018
|  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 185,450 |  |  | $ | (953 | ) |  | $ | 184,497 |  |  | $ | 97,444 |  |  | $ | (953 | ) |  | $ | 96,491 |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 254,527 |  |  | (37,102 | ) |  | 217,425 |  |  | 66,973 |  |  | (31,500 | ) |  | 35,473 |
Non-compete |  | 2,998 |  |  | (2,799 | ) |  | 199 |  |  | 2,852 |  |  | (2,759 | ) |  | 93 |
Technology |  | 64,292 |  |  | (10,362 | ) |  | 53,930 |  |  | 22,769 |  |  | (8,872 | ) |  | 13,897 |
Trademarks |  | 2,003 |  |  | (1,212 | ) |  | 791 |  |  | 2,003 |  |  | (1,151 | ) |  | 852 |
Licenses |  | 1,483 |  |  | (1,182 | ) |  | 301 |  |  | 1,491 |  |  | (1,156 | ) |  | 335 |
Total |  | $ | 510,753 |  |  | $ | (53,610 | ) |  | $ | 457,143 |  |  | $ | 193,532 |  |  | $ | (46,391 | ) |  | $ | 147,141 |
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 |  | $ | 88,849 |
Customer relationships |  | Finite-lived |  | 13 |  | 188,805 |
Technology |  | Finite-lived |  | 10 |  | 41,780 |
Total identifiable intangible assets |  |  |  |  |  | $ | 319,434 |
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:
|  | Quarter ended |  | Nine months ended
|  | December 30, 2018 |  | December 31, 2017 |  | December 30, 2018 |  | December 31, 2017
Net sales |  | $ | 805,839 |  |  | $ | 799,416 |  |  | $ | 2,482,137 |  |  | $ | 2,302,525 |
Net earnings (loss) attributable to EnerSys stockholders |  | 62,354 |  |  | (28,713 | ) |  | 181,941 |  |  | 66,724 |
Net earnings (loss) per share attributable to EnerSys stockholders - basic |  | 1.44 |  |  | (0.66 | ) |  | 4.21 |  |  | 1.52 |
Net earnings per share attributable to EnerSys stockholders - assuming dilution |  | 1.42 |  |  | (0.66 | ) |  | 4.14 |  |  | 1.50 |
Schedule of Goodwill | The changes in the carrying amount of goodwill by reportable segment are as follows:
|  | Americas |  | EMEA |  | Asia |  | Total
Balance at March 31, 2018 |  | $ | 151,255 |  |  | $ | 155,825 |  |  | $ | 45,725 |  |  | $ | 352,805 |
Goodwill acquired |  | 336,346 |  |  | — |  |  | — |  |  | 336,346 |
Foreign currency translation adjustment |  | (1,888 | ) |  | (11,194 | ) |  | (3,473 | ) |  | (16,555 | )
Balance as of December 30, 2018 |  | $ | 485,713 |  |  | $ | 144,631 |  |  | $ | 42,252 |  |  | $ | 672,596 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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