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Acquisition (Tables) | 9 Months Ended
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Dec. 31, 2019
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed |
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 |  | 54,941 |
Other liabilities |  | 12,642 |
Total liabilities assumed |  | $ | 145,304 |
Net assets acquired |  | $ | 423,274 |
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 |  | 423,274 |
Goodwill |  | $ | 319,228 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The following table summarizes the fair value of Alpha's identifiable intangible assets and their respective 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 Alpha acquisition had occurred on April 1, 2017:
| Quarter ended | Nine Months Ended
|  | December 30, 2018 |  | December 30, 2018
Net sales |  | $ | 800,118 |  |  | $ | 2,453,729 |
Net earnings attributable to EnerSys stockholders |  | 47,343 |  |  | 163,327 |
Net earnings per share attributable to EnerSys stockholders - basic |  | 1.10 |  |  | 3.78 |
Net earnings per share attributable to EnerSys stockholders - assuming dilution |  | 1.08 |  |  | 3.72 |
Schedule of Intangible Assets | Information regarding the Company’s other intangible assets are as follows:
|  | Balance as of
|  | December 29, 2019 |  | March 31, 2019
|  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 152,465 |  |  | $ | (953 | ) |  | $ | 151,512 |  |  | $ | 152,484 |  |  | $ | (953 | ) |  | $ | 151,531 |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 343,110 |  |  | (60,181 | ) |  | 282,929 |  |  | 286,664 |  |  | (42,704 | ) |  | 243,960 |
Non-compete |  | 3,142 |  |  | (2,811 | ) |  | 331 |  |  | 3,025 |  |  | (2,807 | ) |  | 218 |
Technology |  | 91,844 |  |  | (17,940 | ) |  | 73,904 |  |  | 77,779 |  |  | (12,229 | ) |  | 65,550 |
Trademarks |  | 16,151 |  |  | (2,471 | ) |  | 13,680 |  |  | 2,003 |  |  | (1,236 | ) |  | 767 |
Licenses |  | 1,196 |  |  | (1,196 | ) |  | — |  |  | 1,477 |  |  | (1,187 | ) |  | 290 |
Total |  | $ | 607,908 |  |  | $ | (85,552 | ) |  | $ | 522,356 |  |  | $ | 523,432 |  |  | $ | (61,116 | ) |  | $ | 462,316 |

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