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Goodwill and Other Intangible Assets (Tables) | 6 Months Ended
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Oct. 02, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | Information regarding the Company’s other intangible assets are as follows:
|  | Balance as of
|  | October 2, 2022 |  | March 31, 2022
|  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 144,779 |  |  | $ | (953) |  |  | $ | 143,826 |  |  | $ | 145,808 |  |  | $ | (953) |  |  | $ | 144,855 |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 294,374 |  |  | (120,746) |  |  | 173,628 |  |  | 298,577 |  |  | (109,820) |  |  | 188,757 |
Non-compete |  | 2,825 |  |  | (2,825) |  |  | — |  |  | 2,825 |  |  | (2,825) |  |  | — |
Technology |  | 96,560 |  |  | (43,165) |  |  | 53,395 |  |  | 97,367 |  |  | (38,712) |  |  | 58,655 |
Trademarks |  | 8,925 |  |  | (5,727) |  |  | 3,198 |  |  | 8,947 |  |  | (5,012) |  |  | 3,935 |
Licenses |  | 1,196 |  |  | (1,196) |  |  | — |  |  | 1,196 |  |  | (1,196) |  |  | — |
Total |  | $ | 548,659 |  |  | $ | (174,612) |  |  | $ | 374,047 |  |  | $ | 554,720 |  |  | $ | (158,518) |  |  | $ | 396,202 |
Schedule of Goodwill | The following table presents the amount of goodwill, as well as any changes in the carrying amount of goodwill by segment during the six months of fiscal 2023:
|  | Energy Systems |  | Motive Power |  | Specialty |  | Total
Balance at March 31, 2022 |  | $ | 279,461 |  |  | $ | 323,303 |  |  | $ | 97,876 |  |  | $ | 700,640 |
Foreign currency translation adjustment |  | (29,588) |  |  | (10,223) |  |  | (2,564) |  |  | (42,375) |
Balance as of October 2, 2022 |  | $ | 249,873 |  |  | $ | 313,080 |  |  | $ | 95,312 |  |  | $ | 658,265 |

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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
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- Definition Tabular disclosure of impaired intangible assets excluding goodwill. This may include a description of the facts and circumstances leading to the recording of impairment charges of intangible assets in the period, the amount of the impairment charges, the methods of determining fair value of the associated assets, the caption in the income statement in which the impairment losses are aggregated, and the segment in which the impaired intangible assets are reported. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 + Details
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