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Business Segments
 3 Months Ended
Jul. 02, 2023
Segment Reporting [Abstract]  
Business Segments Business Segments
Effective April 1, 2023, the Company created a new line of business and operating segment named New Ventures in addition to the existing lines of businesses: Energy Systems, Motive Power, and Specialty. The results of New Ventures include start-up operating expenses captured within the "Corporate and other" category of operating earnings. New Ventures provides energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles.

Summarized financial information related to the Company's reportable segments for the first quarter ended July 2, 2023 and July 3, 2022, is shown below:
 Quarter ended
July 2, 2023July 3, 2022
Net sales by segment to unaffiliated customers (1)
Energy Systems$424,548 $408,579 
Motive Power350,781 367,851 
Specialty133,240 122,541 
Total net sales$908,569 $898,971 
Operating earnings by segment
Energy Systems$29,649 $15,014 
Motive Power50,368 42,406 
Specialty9,817 9,231 
Corporate and other (3)
17,403 — 
Inventory adjustment relating to exit activities - Specialty(3,098)— 
Restructuring and other exit charges - Energy Systems(488)(162)
Restructuring and other exit charges - Motive Power(1,559)(8,166)
Restructuring and other exit charges - Specialty(4,262)— 
Amortization - Energy Systems(6,217)(7,330)
Amortization - Motive(111)(110)
Amortization - Specialty(702)(735)
Other - Energy Systems(749)(10)
Other - Motive(468)(9)
Other - Specialty$(138)$— 
Total operating earnings (2)
$89,445 $50,129 

(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) Corporate and other includes amounts managed on a company-wide basis and not directly allocated to any reportable segments, primarily relating to IRA production tax credits. Also, included are start up costs for exploration of a new lithium plant as well as start-up operating expenses from the New Ventures operating segment.