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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Net sales $ 908,569 $ 898,971
Inventory adjustment relating to exit activities 3,098 0
Gross profit 240,306 185,535
Operating expenses 144,552 127,078
Restructuring and other exit charges 6,309 8,328
Operating earnings 89,445 50,129
Interest expense 15,244 11,597
Other expense (income), net 668 1,773
Earnings before income taxes 73,533 36,759
Income tax expense 6,736 5,781
Net earnings attributable to EnerSys stockholders $ 66,797 $ 30,978
Net earnings per common share attributable to EnerSys stockholders:    
Basic (in dollars per share) $ 1.63 $ 0.76
Diluted (in dollars per share) 1.60 0.75
Dividends per common share (in dollars per share) $ 0.175 $ 0.175
Weighted average shares of common stock outstanding:    
Basic (in shares) 40,937,334 40,786,336
Diluted (in shares) 41,698,324 41,352,646
Product    
Net sales $ 807,647 $ 799,147
Weighted average shares of common stock outstanding:    
Cost of goods sold 587,203 635,859
Service    
Net sales 100,922 99,824
Weighted average shares of common stock outstanding:    
Cost of goods sold $ 77,962 $ 77,577