XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.23.2

Derivative Financial Instruments (Tables) | 3 Months Ended
--- | ---
Jul. 02, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Fair Value of Derivative Instruments | Presented below in tabular form is information on the location and amounts of derivative fair values in the Consolidated Condensed Balance Sheets and derivative gains and losses in the Consolidated Condensed Statements of Income: Fair Value of Derivative Instruments July 2, 2023 and March 31, 2023
|  | Derivatives and Hedging Activities Designated as Cash Flow Hedges |  | Derivatives and Hedging Activities Designated as Net Investment Hedges |  | Derivatives and Hedging Activities Not Designated as Hedging Instruments
|  | July 2, 2023 |  | March 31, 2023 |  | July 2, 2023 |  | March 31, 2023 |  | July 2, 2023 |  | March 31, 2023
Prepaid and other current assets: |  |  |  |  |  |  |  |  |  |  |  |
Lead forward contracts |  | $ | 409 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Foreign currency forward contracts |  | 764 |  |  | 723 |  |  | — |  |  | — |  |  | — |  |  | 200 |
Net investment hedges |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other assets: |  |  |  |  |  |  |  |  |  |  |  |
Interest Rate Swaps |  | 3,057 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net investment hedges |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total assets |  | $ | 4,230 |  |  | $ | 723 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 200 |
Accrued expenses: |  |  |  |  |  |  |  |  |  |  |  |
Lead forward contracts |  | $ | — |  |  | $ | 89 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Foreign currency forward contracts |  | — |  |  | — |  |  | — |  |  | — |  |  | 960 |  |  | — |
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Interest Rate Swaps |  | — |  |  | 1,162 |  |  | — |  |  | — |  |  | — |  |  | — |
Net investment hedges |  | — |  |  | — |  |  | 18,661 |  |  | 15,760 |  |  | — |  |  | — |
Total liabilities |  | $ | — |  |  | $ | 1,251 |  |  | $ | 18,661 |  |  | $ | 15,760 |  |  | $ | 960 |  |  | $ | — |
The Effect of Derivative Instruments on Consolidated Condensed Statements of Income | The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income For the quarter ended July 2, 2023
Derivatives Designated as Cash Flow Hedges |  | Pretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion) |  | Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |  | Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts |  | $ | 475 |  |  | Cost of goods sold |  | $ | 630 |
Foreign currency forward contracts |  | 899 |  |  | Cost of goods sold |  | 3,095 |
Interest rate swaps |  | 4,849 |  |  | Interest expense |  | 171 |
Total |  | 6,223 |  |  |  |  | 3,896 |
Derivatives Designated as Net Investment Hedges |  | Pretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion) |  | Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |  | Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps |  | $ | (2,790) |  |  | Interest expense |  | $ | 112 |
Total |  | (2,790) |  |  |  |  | 112 |
Derivatives Not Designated as Hedging Instruments | Location of Gain (Loss) Recognized in Income on Derivatives |  | Pretax Gain (Loss)
Foreign currency forward contracts | Other (income) expense, net |  | $ | (503) |
Total |  |  | $ | (503) |
The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income For the quarter ended July 3, 2022
Derivatives Designated as Cash Flow Hedges |  | Pretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion) |  | Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |  | Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts |  | $ | (10,862) |  |  | Cost of goods sold |  | $ | 695 |
Foreign currency forward contracts |  | 1,255 |  |  | Cost of goods sold |  | 446 |
Total |  | $ | (9,607) |  |  |  |  | $ | 1,141 |
Derivatives Designated as Net Investment Hedges |  | Pretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion) |  | Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) |  | Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps |  | $ | 23,595 |  |  | Interest expense |  | $ | 1,258 |
Total |  | 23,595 |  |  |  |  | 1,258 |
Derivatives Not Designated as Hedging Instruments | Location of Gain (Loss) Recognized in Income on Derivatives |  | Pretax Gain (Loss)
Foreign currency forward contracts | Other (income) expense, net |  | $ | 216 |
Total |  |  | $ | 216 |

X
- Definition Schedule of Derivative Instruments Effect on Other Comprehensive Income Loss and Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) Reclassified to Earnings [Table Text Block] + References No definition available. + Details
Name: | ens_ScheduleOfDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossAndCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossReclassifiedToEarningsTableTextBlock
Namespace Prefix: | ens_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=125515794&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5579240-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration