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Consolidated Condensed Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 29, 2024
Dec. 31, 2023
Dec. 29, 2024
Dec. 31, 2023
Net sales $ 906,152 $ 861,548 $ 2,642,737 $ 2,671,150
Inventory step up to fair value relating to recent acquisitions 1,069 0 2,952 0
Inventory adjustment relating to exit activities 0 16,067 0 19,165
Gross profit 298,176 248,648 788,693 728,573
Operating expenses 154,314 143,961 445,951 432,284
Restructuring and other exit charges 1,213 6,070 9,375 19,613
Impairment of indefinite-lived intangibles 0 6,020 0 6,020
Operating earnings 142,649 92,597 333,367 270,656
Interest expense 14,853 11,718 38,331 39,179
Other expense (income), net 1,102 2,221 4,823 5,868
Earnings before income taxes 126,694 78,658 290,213 225,609
Income tax expense 11,882 2,500 23,024 17,425
Net earnings 114,812 76,158 267,189 208,184
Net earnings attributable to noncontrolling interests 0 0    
Net earnings attributable to EnerSys stockholders $ 114,812 $ 76,158 $ 267,189 $ 208,184
Net earnings per common share attributable to EnerSys stockholders:        
Basic (in dollars per share) $ 2.92 $ 1.88 $ 6.70 $ 5.11
Diluted (in dollars per share) 2.88 1.86 6.58 5.02
Dividends per common share (in dollars per share) $ 0.24 $ 0.225 $ 0.705 $ 0.625
Weighted average shares of common stock outstanding:        
Basic (in shares) 39,305,035 40,451,279 39,891,376 40,770,524
Diluted (in shares) 39,922,913 41,047,893 40,590,745 41,476,950
Product        
Net sales $ 817,435 $ 751,856 $ 2,365,934 $ 2,348,815
Cost of goods sold 533,361 511,014 1,622,891 1,672,360
Service        
Net sales 88,717 109,692 276,803 322,335
Cost of goods sold $ 73,546 $ 85,819 $ 228,201 $ 251,052