XML 16 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Net sales $ 852,916 $ 908,569
Inventory adjustment relating to exit activities 0 3,098
Gross profit 238,371 240,306
Operating expenses 141,102 144,552
Restructuring and other exit charges 5,938 6,309
Operating earnings 91,331 89,445
Interest expense 10,987 15,244
Other expense (income), net 1,015 668
Earnings before income taxes 79,329 73,533
Income tax expense 9,218 6,736
Net earnings attributable to EnerSys stockholders $ 70,111 $ 66,797
Net earnings per common share attributable to EnerSys stockholders:    
Basic (in dollars per share) $ 1.74 $ 1.63
Diluted (in dollars per share) 1.71 1.60
Dividends per common share (in dollars per share) $ 0.225 $ 0.175
Weighted average shares of common stock outstanding:    
Basic (in shares) 40,204,013 40,937,334
Diluted (in shares) 40,986,116 41,698,324
Product    
Net sales $ 758,531 $ 807,647
Cost of goods sold 535,766 587,203
Service    
Net sales 94,385 100,922
Cost of goods sold $ 78,779 $ 77,962