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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
Net sales $ 901,033 $ 899,437 $ 1,809,602 $ 1,798,408
Inventory adjustment relating to exit activities 0 1,544 3,098 1,544
Gross profit 239,619 194,891 479,925 380,426
Operating expenses 143,771 137,357 288,323 264,435
Restructuring and other exit charges 7,234 3,265 13,543 11,593
Operating earnings 88,614 54,269 178,059 104,398
Interest expense 12,217 15,461 27,461 27,058
Other expense (income), net 2,979 (1,446) 3,647 327
Earnings before income taxes 73,418 40,254 146,951 77,013
Income tax expense 8,189 5,782 14,925 11,563
Net earnings attributable to EnerSys stockholders $ 65,229 $ 34,472 $ 132,026 $ 65,450
Net earnings per common share attributable to EnerSys stockholders:        
Basic (in dollars per share) $ 1.59 $ 0.85 $ 3.23 $ 1.61
Diluted (in dollars per share) 1.56 0.84 3.17 1.59
Dividends per common share (in dollars per share) $ 0.225 $ 0.175 $ 0.40 $ 0.35
Weighted average shares of common stock outstanding:        
Basic (in shares) 40,922,959 40,740,989 40,930,146 40,763,663
Diluted (in shares) 41,684,634 41,167,622 41,691,479 41,260,134
Product        
Net sales $ 789,312 $ 798,447 $ 1,596,959 $ 1,597,594
Cost of goods sold 574,143 622,845 1,161,346 1,258,704
Service        
Net sales 111,721 100,990 212,643 200,814
Cost of goods sold $ 87,271 $ 80,157 $ 165,233 $ 157,734