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Business Segments
 3 Months Ended
Jun. 29, 2025
Segment Reporting [Abstract]  
Business Segments Business Segments
The Company's chief operating decision maker, or CODM (the Company's Chief Executive Officer), reviews financial information for purposes of assessing business performance and allocating resources, by focusing on the lines of business on a global basis. The Company identifies the following as its four operating segments, based on lines of business:

•Energy Systems - uninterruptible power systems, or “UPS” applications for computer and computer-controlled systems, as well as telecommunications systems, switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage and energy pipelines. Energy Systems also includes highly integrated power solutions and services to broadband, telecom, data center, and industrial customers, as well as thermally managed cabinets and enclosures for electronic equipment and batteries.
•Motive Power - power for electric industrial forklifts, AGVs other material handling equipment used in manufacturing, and warehousing operations, as well as equipment used in floor care, mining, rail and airport ground support applications.
•Specialty - premium starting, lighting and ignition applications in transportation, energy solutions for satellites, spacecraft, commercial aircraft, military, aircraft, submarines, ships, other tactical vehicles, defense applications and portable power solutions for soldiers in the field, as well as medical devices and equipment.
•New Ventures - energy storage and management systems for demand charge reduction, utility back-up power, and dynamic fast charging for electric vehicles.

The operating segments of Energy Systems, Motive Power, and Specialty also represent the Company's reportable segments under ASC 280, Segment Reporting. The results of New Ventures include start-up and operating expenses captured within the "Corporate and other" category of operating earnings.

Summarized financial information related to the Company’s reportable segments at June 29, 2025 and June 30, 2024.
Quarter ended
June 29, 2025
Energy SystemsMotive PowerSpecialtyTotal
Net Sales by segment to unaffiliated customers (1)
$391,371 $349,078 $148,511 $888,960 
Net sales from corporate and other4,064 
Total Net Sales$893,024 
Less:
Other segment items(4)
$364,031 $302,410 $138,872 $809,377 
Segment income$27,340 $46,668 $9,639 $83,647 
Less:
Restructuring and other exit charges1,055 4,807 — 5,862 
Amortization of intangible assets5,843 121 2,393 8,357 
Accelerated stock compensation expense5,374 3,367 1,457 10,198 
Other1,186 607 1,545 3,338 
Total operating earnings by segment$13,882 $37,766 $4,244 $55,892 
Corporate and other(3)
$30,588 
Operating earnings(2)
$86,480 
(1)Reportable segments do not record inter-segment revenues and accordingly there are none to report.
(2)The Company does not allocate interest expense or other (income) expense, net, to the reportable segments.
(3)     Corporate and other includes amounts managed on a company-wide basis and not directly allocated to any reportable segments, primarily relating to IRA production tax credits. Also, included are start-up costs for exploration of a new lithium plant as well as start-up operating expenses from the New Ventures operating segment.
(4) Primarily includes cost of sales and operating expenses

Quarter ended
June 30, 2024
Energy SystemsMotive PowerSpecialtyTotal
Net Sales by segment to unaffiliated customers (1)
$361,051 $366,155 $125,710 $852,916 
Net sales from corporate and other
Total Net Sales$852,916 
Less:
Other segment items(4)
$342,051 $310,189 $120,810 $773,050 
Segment income$19,000 $55,966 $4,900 $79,866 
Less:
Restructuring and other exit charges3,777 1,395 766 5,938 
Amortization of intangible assets6,001 183 702 6,886 
Other176 8 1,352 1,536 
Total operating earnings by segment$9,046 $54,380 $2,080 $65,506 
Corporate and other(3)
$25,825 
Operating earnings(2)
$91,331 
(1)Reportable segments do not record inter-segment revenues and accordingly there are none to report.
(2)The Company does not allocate interest expense or other (income) expense, net, to the reportable segments.
(3)     Corporate and other includes amounts managed on a company-wide basis and not directly allocated to any reportable segments, primarily relating to IRA production tax credits. Also, included are start-up costs for exploration of a new lithium plant as well as start-up operating expenses from the New Ventures operating segment.
(4) Primarily includes cost of sales and operating expenses
Quarter endedQuarter ended
June 29, 2025June 30, 2024
Capital Expenditures
Energy Systems$13,678 $8,776 
Motive Power9,187 6,445 
Specialty8,562 11,576 
Other1,592 9,340 
Total$33,019 $36,137 
Depreciation and Amortization
Energy Systems$13,151 $12,502 
Motive Power6,375 5,845 
Specialty7,356 5,193 
Other12 10 
Total$26,894 $23,550 
The Company's property, plant and equipment by reportable segments as of June 29, 2025 and June 30, 2024 are as follows:

June 29, 2025June 30, 2024
Property, plant and equipment, net
Energy Systems$202,796 $181,992 
Motive Power134,403 132,209 
Specialty255,561 223,153 
Other 14,369 9,716 
Total$607,129 $547,070