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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Net sales $ 3,581,871 $ 3,708,579 $ 3,357,319
Inventory adjustment relating to exit activities 20,173 681 2,604
Gross profit 982,891 840,138 749,968
Operating expenses 589,599 544,858 520,810
Restructuring and other exit charges 28,103 16,439 18,756
Impairment of indefinite-lived intangibles 13,619 480 1,178
Loss on assets held for sale 0 0 2,973
Operating earnings 351,570 278,361 206,251
Interest expense 49,954 59,529 37,777
Other (income) expense, net 9,431 8,193 (5,465)
Earnings before income taxes 292,185 210,639 173,939
Income tax expense 23,089 34,829 30,028
Net earnings attributable to EnerSys stockholders $ 269,096 $ 175,810 $ 143,911
Net earnings per common share attributable to EnerSys stockholders:      
Basic (usd per share) $ 6.62 $ 4.31 $ 3.42
Diluted (usd per share) 6.50 4.25 3.36
Dividends per common share (usd per share) $ 0.85 $ 0.70 $ 0.70
Weighted-average number of common shares outstanding:      
Basic (in shares) 40,669,392 40,809,235 42,106,337
Diluted (in shares) 41,371,439 41,326,755 42,783,373
Product      
Net sales $ 3,161,862 $ 3,307,781 $ 3,004,231
Cost of goods sold 2,248,859 2,597,296 2,360,150
Service      
Net sales 420,009 400,798 353,088
Cost of goods sold $ 329,948 $ 270,464 $ 244,597