XML 85 R76.htm IDEA: XBRL DOCUMENT v3.22.4
Stockholders' Equity and Noncontrolling Interests - (Other Disclosures) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended
Jan. 01, 2023
Oct. 02, 2022
Jul. 03, 2022
Jan. 02, 2022
Oct. 03, 2021
Jul. 04, 2021
Oct. 02, 2022
Jan. 01, 2023
Jan. 02, 2022
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance $ 1,414,418 $ 1,438,770 $ 1,493,275 $ 1,573,857 $ 1,567,426 $ 1,543,576 $ 1,493,275 $ 1,493,275 $ 1,543,576
Stock-based compensation 6,906 6,534 5,330 6,393 5,765 3,659      
Exercise of stock options 947 115 1 115 771 387      
Shares issued under equity awards (taxes paid related to net share settlement of equity awards), net (128) (5,624) (633) (120) (4,197) (4,803)      
Purchase of common stock 0 0 (22,907) (83,022) 0 (31,512)      
Other 284 304 199 226 226 214      
Net earnings 44,410 34,472 30,978 36,264 35,626 43,929      
Dividends (7,140) (7,138) (7,108) (7,296) (7,456) (7,435)      
Dissolution of joint venture           (47)      
Other comprehensive income:                  
Pension funded status adjustment, net of tax 84 81 89 216 233 240   254 689
Net unrealized gain (loss) on derivative instruments (net of tax) 10,806 2,116 (8,234) (786) (2,233) 3,897   4,688 878
Foreign currency translation adjustment 60,565 (56,175) (52,220) (18,214) (23,658) 15,321   (47,830) (26,551)
Ending balance $ 1,531,346 1,414,418 1,438,770 $ 1,508,014 $ 1,573,857 $ 1,567,426 1,414,418 $ 1,531,346 $ 1,508,014
Dividends per common share (in dollars per share) $ 0.175     $ 0.175 $ 0.175 $ 0.175   $ 0.525 $ 0.525
Pension funded status adjustment, tax benefit (expense) $ 34 34   $ 69 $ 69 $ 68 34    
Net unrealized gain (loss) on derivative instrument, income tax expense (benefit) 3,298 647   241 683 1,187 (2,514)    
Contra equity - adjustment to indemnification receivable for acquisition related tax liability 194 963   381 1,354        
Total EnerSys Stockholders’ Equity                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance 1,410,940 1,435,078 1,489,373 1,570,019 1,563,603 1,539,755 1,489,373 $ 1,489,373 $ 1,539,755
Stock-based compensation 6,906 6,534 5,330 6,393 5,765 3,659      
Exercise of stock options 947 115 1 115 771 387      
Shares issued under equity awards (taxes paid related to net share settlement of equity awards), net (128) (5,624) (633) (120) (4,197) (4,803)      
Purchase of common stock 0 0 (22,907) (83,022) 0 (31,512)      
Other 284 304 199 226 226 214      
Net earnings 44,410 34,472 30,978 36,264 35,626 43,929      
Dividends (7,140) (7,138) (7,108) (7,296) (7,456) (7,435)      
Other comprehensive income:                  
Pension funded status adjustment, net of tax 84 81 89 216 233 240      
Net unrealized gain (loss) on derivative instruments (net of tax) 10,806 2,116 (8,234) (786) (2,233) 3,897      
Foreign currency translation adjustment 60,456 (55,961) (52,010) (18,270) (23,673) 15,272      
Ending balance 1,527,759 1,410,940 1,435,078 1,504,120 1,570,019 1,563,603 1,410,940 1,527,759 1,504,120
Contra equity - adjustment to indemnification receivable for acquisition related tax liability 194 963   381 1,354        
Preferred Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance 0 0 0 0 0 0 0 0 0
Other comprehensive income:                  
Ending balance 0 0 0 0 0 0 0 0 0
Common Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance 559 558 557 557 556 555 557 557 555
Exercise of stock options 1 1 1 0 1 1      
Other comprehensive income:                  
Ending balance 560 559 558 557 557 556 559 560 557
Additional Paid-in Capital                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance 577,520 576,294 571,464 556,202 553,627 554,168 571,464 571,464 554,168
Stock-based compensation 6,906 6,534 5,330 6,393 5,765 3,659      
Exercise of stock options 946 114   115 770 386      
Shares issued under equity awards (taxes paid related to net share settlement of equity awards), net (128) (5,624) (633) (120) (4,197) (4,803)      
Other (30) 28 (41) 31 52 44      
Dividends 193 174 174 184 185 173      
Other comprehensive income:                  
Ending balance 585,407 577,520 576,294 562,805 556,202 553,627 577,520 585,407 562,805
Treasury Stock                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance (741,510) (741,786) (719,119) (594,649) (594,823) (563,481) (719,119) (719,119) (563,481)
Purchase of common stock 0 0 (22,907) (83,022) 0 (31,512)      
Other 314 276 240 195 174 170      
Other comprehensive income:                  
Ending balance (741,196) (741,510) (741,786) (677,476) (594,649) (594,823) (741,510) (741,196) (677,476)
Retained Earnings                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance 1,834,442 1,807,282 1,783,586 1,734,057 1,706,072 1,669,751 1,783,586 1,783,586 1,669,751
Net earnings 44,410 34,472 30,978 36,264 35,626 43,929      
Dividends (7,333) (7,312) (7,282) (7,480) (7,641) (7,608)      
Other comprehensive income:                  
Ending balance 1,871,519 1,834,442 1,807,282 1,762,841 1,734,057 1,706,072 1,834,442 1,871,519 1,762,841
Accumulated Other Comprehensive Income (Loss)                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance (257,414) (203,650) (143,495) (122,147) (96,474) (115,883) (143,495) (143,495) (115,883)
Other comprehensive income:                  
Pension funded status adjustment, net of tax 84 81 89 216 233 240      
Net unrealized gain (loss) on derivative instruments (net of tax) 10,806 2,116 (8,234) (786) (2,233) 3,897      
Foreign currency translation adjustment 60,456 (55,961) (52,010) (18,270) (23,673) 15,272      
Ending balance (186,068) (257,414) (203,650) (140,987) (122,147) (96,474) (257,414) (186,068) (140,987)
Contra-Equity                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance (2,657) (3,620) (3,620) (4,001) (5,355) (5,355) (3,620) (3,620) (5,355)
Other comprehensive income:                  
Ending balance (2,463) (2,657) (3,620) (3,620) (4,001) (5,355) (2,657) (2,463) (3,620)
Contra equity - adjustment to indemnification receivable for acquisition related tax liability 194 963   381 1,354        
Non- redeemable Non- Controlling Interests                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Beginning balance 3,478 3,692 3,902 3,838 3,823 3,821 3,902 3,902 3,821
Dissolution of joint venture           (47)      
Other comprehensive income:                  
Foreign currency translation adjustment 109 (214) (210) 56 15 49      
Ending balance $ 3,587 $ 3,478 $ 3,692 $ 3,894 $ 3,838 $ 3,823 $ 3,478 $ 3,587 $ 3,894