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Acquisition (Tables)
12 Months Ended
Mar. 31, 2021
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The final amounts recognized in connection with the Alpha business combination are in the table below.
Accounts receivable$115,467 
Inventories84,297 
Other current assets6,822 
Other intangible assets332,000 
Property, plant and equipment20,987 
Other assets9,005 
Total assets acquired$568,578 
Accounts payable35,803 
Accrued liabilities41,918 
Deferred income taxes54,941 
Other liabilities12,642 
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 acquired93,268 
Working capital adjustment(766)
Total purchase consideration742,502 
Less: Fair value of acquired identifiable assets and liabilities423,274 
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:
TypeLife in YearsFair Value
TrademarksIndefinite-livedIndefinite$56,000 
Customer relationshipsFinite-lived14221,000 
TechnologyFinite-lived1055,000 
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, 2018:

 Fiscal year ended
 March 31, 2019
Net sales $3,250,332 
Net earnings attributable to EnerSys stockholders181,915 
Net earnings per share attributable to EnerSys stockholders - basic 4.19 
Net earnings per share attributable to EnerSys stockholders - assuming dilution 4.12