XML 48 R38.htm IDEA: XBRL DOCUMENT v3.25.2
Stockholders' Equity and Noncontrolling Interests (Tables)
 3 Months Ended
Jun. 29, 2025
Equity [Abstract]  
Change in Number of Shares of Common Stock Outstanding
The following demonstrates the change in the number of shares of common stock outstanding during the current quarter ended June 29, 2025:
 
Shares outstanding as of March 31, 202539,192,061 
Purchase of treasury stock(1,740,161)
Shares issued under equity-based compensation plans, net of equity awards surrendered for option price and taxes4,708 
Shares outstanding as of June 29, 202537,456,608 
Components of Accumulated Other Comprehensive Income
The components of AOCI, net of tax, as of June 29, 2025 and March 31, 2025, are as follows:
March 31, 2025Before ReclassificationsAmounts Reclassified from AOCIJune 29, 2025
Pension funded status adjustment$(10,374)$— $123 $(10,251)
Net unrealized gain (loss) on derivative instruments(269)(562)1,024 193 
Foreign currency translation adjustment (1)
(236,836)29,789 — (207,047)
Accumulated other comprehensive (loss) income$(247,479)$29,227 $1,147 $(217,105)
(1) Foreign currency translation adjustment for the current quarter ended June 29, 2025 includes a $42,009 loss (net of taxes of $12,812) related to the Company's $600,000 cross-currency fixed interest rate swap contracts.
Reclassification from Accumulated Other Comprehensive Income
The following table presents reclassifications from AOCI during the first quarter ended June 29, 2025:

Components of AOCI Amounts Reclassified from AOCILocation of (Gain) Loss Recognized on Income Statement
Derivatives in cash flow hedging relationships:
Net unrealized gain on derivative instruments$(1,337)Cost of goods sold
Tax expense313 
Net unrealized gain on derivative instruments, net of tax$(1,024)
Derivatives in net investment hedging relationships:
Net unrealized gain on derivative instruments$(1,173)Interest expense
Tax expense274 
Net unrealized gain on derivative instruments, net of tax$(899)
Defined benefit pension costs:
Prior service costs and deferrals$160 Net periodic benefit cost, included in other (income) expense, net - See Note 13
Tax benefit(37)
Net periodic benefit cost, net of tax$123 
The following table presents reclassifications from AOCI during the first quarter ended June 30, 2024:


Components of AOCIAmounts Reclassified from AOCILocation of (Gain) Loss Recognized on Income Statement
Derivatives in cash flow hedging relationships:
Net unrealized loss on derivative instruments$619 Cost of goods sold
Tax benefit(145)
Net unrealized loss on derivative instruments, net of tax$474 
Derivatives in net investment hedging relationships:
Net unrealized gain on derivative instruments$(264)Interest expense
Tax expense62 
Net unrealized gain on derivative instruments, net of tax$(202)
Defined benefit pension costs:
Prior service costs and deferrals$127 Net periodic benefit cost, included in other (income) expense, net - See Note 13
Tax benefit(17)
Net periodic benefit cost, net of tax$110 
Schedule of Change in Stockholders Equity
The following demonstrates the change in equity attributable to EnerSys stockholders and nonredeemable noncontrolling interests during the first quarter ended June 29, 2025:
(In Thousands, Except Per Share Data)

Preferred
Stock		Common
Stock		Additional Paid-in
Capital		Treasury
Stock		Retained
Earnings		Accumulated
Other
Comprehensive
Income (Loss)		Contra-EquityTotal
EnerSys
Stockholders’
Equity		Non-
redeemable
Non-
Controlling
Interests		Total
Equity
Balance at March 31, 2025$— $568 $662,725 $(988,936)$2,489,200 $(247,479)$— $1,916,078 $3,410 $1,919,488 
Stock-based compensation— — 17,601 — — — — 17,601 — 17,601 
Exercise of stock options — — — — — — — — — — 
Shares issued under equity awards (taxes paid related to net share settlement of equity awards), net— — — — — — — — — — 
Purchase of common stock— — — (150,034)— — — (150,034)— (150,034)
Other— — 63 266 — — — 329 — 329 
Net earnings — — — — 57,458 — — 57,458 — 57,458 
Dividends ($0.24 per common share)
— — 221 — (9,328)— — (9,107)— (9,107)
Dissolution of joint venture— — — — — — — — — — 
Other comprehensive income:
Pension funded status adjustment (net of tax benefit of $37)
— — — — — 123 — 123 — 123 
Net unrealized gain (loss) on derivative instruments (net of tax gain of $142)
— — — — — 462 — 462 — 462 
Foreign currency translation adjustment— — — — — 29,789 — 29,789 40 29,829 
Balance at June 29, 2025$— $568 $680,610 $(1,138,704)$2,537,330 $(217,105)$— $1,862,699 $3,450 $1,866,149 
The following demonstrates the change in equity attributable to EnerSys stockholders and nonredeemable noncontrolling interests during the first quarter ended June 30, 2024:
(In Thousands, Except Per Share Data)

Preferred
Stock		Common
Stock		Additional Paid-in
Capital		Treasury
Stock		Retained
Earnings		Accumulated
Other
Comprehensive
Income (Loss)		Contra-EquityTotal
EnerSys
Stockholders’
Equity		Non-
redeemable
Non-
Controlling
Interests		Total
Equity
Balance at March 31, 2024$— $564 $629,879 $(835,827)$2,163,880 $(204,851)$— $1,753,645 $3,427 $1,757,072 
Stock-based compensation— — 7,062 — — — — 7,062 — 7,062 
Exercise of stock options — 1 6,963 — — — — 6,964 — 6,964 
Shares issued under equity awards (taxes paid related to net share settlement of equity awards), net— — — — — — — — — — 
Purchase of common stock— — — (11,641)— — — (11,641)— (11,641)
Other— — 24 185 — — — 209 — 209 
Net earnings — — — — 70,111 — — 70,111 — 70,111 
Dividends ($0.225 per common share)
— — 227 — (9,271)— — (9,044)— (9,044)
Dissolution of joint venture— — — — — — — — — — 
Other comprehensive income:
Pension funded status adjustment (net of tax benefit of $17)
— — — — — 110 — 110 — 110 
Net unrealized gain (loss) on derivative instruments (net of tax expense of $1,117)
— — — — — 3,662 — 3,662 — 3,662 
Foreign currency translation adjustment— — — — — (13,294)— (13,294)(22)(13,316)
Balance at June 30, 2024$— $565 $644,155 $(847,283)$2,224,720 $(214,373)$— $1,807,784 $3,405 $1,811,189