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Consolidated Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 30, 2018
Dec. 31, 2019
Dec. 30, 2018
Net sales $ 763,698 $ 680,022 $ 2,306,065 $ 2,011,414
Cost of goods sold 574,612 511,729 1,718,150 1,516,381
Inventory step up to fair value relating to acquisitions 3,845 3,747 3,845 4,273
Gross profit 185,241 164,546 584,070 490,760
Operating expenses 132,740 112,046 395,869 307,864
Restructuring, exit and other charges 9,417 5,392 18,071 8,252
Legal proceedings settlement income 0 (2,843) 0 (2,843)
Operating earnings 43,084 49,951 170,130 177,487
Interest expense 11,089 7,082 32,084 20,011
Other (income) expense, net (606) (55) (1,559) (1,052)
Earnings before income taxes 32,601 42,924 139,605 158,528
Income tax expense (benefit) 5,296 (5,690) 966 16,447
Net earnings $ 27,305 48,614 138,639 142,081
Net earnings attributable to noncontrolling interests   197 0 380
Net earnings attributable to EnerSys stockholders   $ 48,417 $ 138,639 $ 141,701
Net earnings per common share attributable to EnerSys stockholders:        
Basic earnings per common share attributable to EnerSys stockholders (in dollars per share) $ 0.65 $ 1.14 $ 3.27 $ 3.36
Diluted earnings per common share attributable to EnerSys stockholders (in dollars per share) 0.64 1.12 3.23 3.31
Dividends per common share (in dollars per share) $ 0.175 $ 0.175 $ 0.525 $ 0.525
Weighted average shares of common stock outstanding:        
Basic weighted-average number of common shares outstanding (in shares) 42,286,641 42,337,459 42,445,006 42,161,163
Diluted weighted-average number of common shares outstanding (in shares) 42,838,969 43,102,598 42,888,495 42,816,762
Nonredeemable Noncontrolling Interests        
Net earnings attributable to noncontrolling interests $ 0