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Quarterly Financial Data (Tables)
12 Months Ended
Mar. 31, 2021
Quarterly Financial Information Disclosure [Abstract]  
Summary Of Interim Financial Information
The Company reports interim financial information for 13-week periods, except for the first quarter, which always begins on April 1, and the fourth quarter, which always ends on March 31. The four quarters in fiscal 2021 ended on July 5, 2020, October 4, 2020, January 3, 2021, and March 31, 2021, respectively. The four quarters in fiscal 2020 ended on June 30, 2019, September 29, 2019, December 29, 2019, and March 31, 2020, respectively.
1st Quarter2nd Quarter3rd Quarter4th QuarterFiscal Year
Fiscal year ended March 31, 2021
Net sales$704,924 $708,402 $751,067 $813,539 $2,977,932 
Gross profit(1)
174,977 177,560 189,312 197,301 739,150 
Operating earnings(2)(3)
53,220 55,415 56,071 51,669 216,375 
Net earnings(4)
35,183 35,731 38,624 33,836 143,374 
Net earnings attributable to EnerSys stockholders35,183 35,731 38,624 33,836 143,374 
Net earnings per common share attributable to EnerSys stockholders—basic$0.83 $0.84 $0.91 $0.79 $3.37 
Net earnings per common share attributable to EnerSys stockholders—diluted$0.82 $0.83 $0.89 $0.78 $3.32 
Fiscal year ended March 31, 2020
Net sales$780,230 $762,137 $763,698 $781,803 $3,087,868 
Gross profit(5)(6)
201,512 197,317 185,241 200,796 784,866 
Operating earnings(7)(8)
68,336 58,710 43,084 20,065 190,195 
Net earnings (loss)(9)
48,636 62,698 27,305 (1,523)137,116 
Net earnings (loss) attributable to EnerSys stockholders48,636 62,698 27,305 (1,523)137,116 
Net earnings (loss) per common share attributable to EnerSys stockholders—basic$1.14 $1.48 $0.65 $(0.04)$3.23 
Net earnings (loss) per common share attributable to EnerSys stockholders—diluted$1.13 $1.47 $0.64 $(0.04)$3.20 
 
(1)Included in Gross profit were receipts for business interruption relating to the Richmond, Kentucky motive power production facility, of $3,700, $1,456 and $2,344 for the first, second, and third quarters of fiscal 2021, respectively.
(2)Also included in Operating earnings was a net gain of $4,397, recorded in the third quarter of fiscal 2021, relating to the final settlement of insurance recoveries and finalization of costs related to the replacement of property, plant and equipment of the aforementioned claim.
(3)Included in Operating earnings were restructuring and other exit charges of $1,387, $3,119, $15,196 and $20,672 for the first, second, third and fourth quarters of fiscal 2021, respectively.
(4)Included in net earnings was a tax benefit of $1,883 for the first quarter of fiscal 2021, on account of the Swiss tax reform.
(5)Included in Gross profit were inventory adjustment relating to the inventory step up to fair value relating to the NorthStar acquisition of $3,845 and $(1,991) in the third and fourth quarter of fiscal 2020, respectively.
(6)Included in Gross profit were receipts for business interruption relating to the Richmond, Kentucky motive power production facility, of $5,000 in the fourth quarter of fiscal 2020.
(7)Included in Operating earnings were restructuring and other exit charges of $2,372, $6,282, $9,417 and $2,695 for the first, second, third and fourth quarters of fiscal 2020, respectively.
(8)Included in Operating earnings for the fourth quarter of fiscal 2020 were charges relating to the impairment of goodwill for $39,713 and other indefinite-lived intangibles for $4,549.
(9)Included in net earnings was a tax benefit of $21,000 for the second quarter of fiscal 2020, on account of the Swiss tax reform.