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Business Segments (Tables)

12 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Summary Of Financial Information Related To The Company's Business Segments

Summarized financial information related to the Company’s reportable segments at March 31, 2022, 2021 and 2020 and for each of the fiscal years then ended is shown below.

						Fiscal year ended March 31,
						2022						2021						2020
Net sales by segment to unaffiliated customers
Energy Systems						$	1,536,673					$	1,380,278					$	1,357,475
Motive Power						1,361,254						1,163,710						1,348,193
Specialty						459,392						433,944						382,200
Total net sales						$	3,357,319					$	2,977,932					$	3,087,868
Operating earnings by segment
Energy Systems						$	18,531					$	67,060					$	67,809
Motive Power						169,740						143,541						146,814
Specialty						43,491						46,148						42,454
Inventory step up to fair value relating to acquisitions and exit activities - Energy Systems						(186)						—						(304)
Inventory adjustment relating to exit activities - Motive						(2,418)						—						—
Inventory step up to fair value relating to acquisitions - Specialty						—						—						(1,550)
Restructuring and other exit charges - Energy Systems						(2,713)						(3,187)						(7,284)
Restructuring and other exit charges - Motive Power						(17,059)						(36,798)						(2,021)
Restructuring and other exit charges - Specialty						1,016						(389)						(6,020)
Impairment of goodwill (3)						—						—						(39,713)
Impairment of indefinite-lived intangibles - Energy Systems						(501)						—						(1,297)
Impairment of indefinite-lived intangibles - Motive Power						(677)						—						(2,861)
Impairment of indefinite-lived intangibles - Specialty						—						—						(391)
Loss on assets held for sale - Motive Power						(2,973)						—						—
Fixed asset write-off relating to exit activities and other - Energy Systems						—						—						(50)
Fixed asset write-off relating to exit activities and other - Motive Power						—						—						(5,380)
Fixed asset write-off relating to exit activities - Specialty						—						—						(11)
Total operating earnings(2)						$	206,251					$	216,375					$	190,195
Capital Expenditures
Energy Systems						$	33,614					$	34,826					$	40,768
Motive Power						13,887						14,154						22,285
Specialty						26,540						21,040						38,372
Total						$	74,041					$	70,020					$	101,425
Depreciation and Amortization
Energy Systems						$	54,580					$	57,864					$	53,793
Motive Power						24,918						21,706						20,900
Specialty						16,380						14,512						12,651
Total						$	95,878					$	94,082					$	87,344

(1)Reportable segments do not record inter-segment revenues and accordingly there are none to report.

(2)The Company does not allocate interest expense or other (income) expense, net, to the reportable segments.

(3)The impairment of goodwill in fiscal 2020 related to the Company's legacy reportable segments as discussed in Note 7.

The Company's property, plant and equipment by reportable segments as of March 31, 2022 and 2021 are as follows:

						March 31, 2022						March 31, 2021
Property, plant and equipment, net
Energy Systems						$	216,853					$	224,513
Motive Power						145,431						152,468
Specialty						140,980						120,075
Total						$	503,264					$	497,056

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
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