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Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Sep. 29, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Information regarding the Company’s other intangible assets are as follows:

						Balance as of
						September 29, 2024																		March 31, 2024
						Gross Amount						Accumulated Amortization						Net Amount						Gross Amount						Accumulated Amortization						Net Amount
Indefinite-lived intangible assets:
Trademarks						$	130,262					$	(953)					$	129,309					$	131,167					$	(953)					$	130,214
Finite-lived intangible assets:
Customer relationships						358,616						(157,647)						200,969						295,215						(147,833)						147,382
Non-compete						2,825						(2,825)						—						2,825						(2,825)						—
Technology						119,914						(60,254)						59,660						96,708						(55,969)						40,739
Trademarks						14,894						(9,421)						5,473						9,554						(8,482)						1,072
Licenses						1,196						(1,196)						—						1,196						(1,196)						—
Total						$	627,707					$	(232,296)					$	395,411					$	536,665					$	(217,258)					$	319,407

Schedule of Goodwill

The following table presents the amount of goodwill, as well as any changes in the carrying amount of goodwill by segment during the six months of fiscal 2025:

						Energy Systems						Motive Power						Specialty						Total
Balance at March 31, 2024						$	259,369					$	326,359					$	97,206					$	682,934
Acquisitions during the year																		50,308						50,308
Foreign currency translation adjustment						1,648						2,868						845						5,361
Balance as of September 29, 2024						$	261,017					$	329,227					$	148,359					$	738,603

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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Tabular disclosure of impaired intangible assets excluding goodwill. This may include a description of the facts and circumstances leading to the recording of impairment charges of intangible assets in the period, the amount of the impairment charges, the methods of determining fair value of the associated assets, the caption in the income statement in which the impairment losses are aggregated, and the segment in which the impaired intangible assets are reported.

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