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Business Segments (Tables)

3 Months Ended

Jun. 29, 2025

Segment Reporting [Abstract]

Selected Financial Data for Reportable Business Segments and Product Lines

Summarized financial information related to the Company’s reportable segments at June 29, 2025 and June 30, 2024.

			Quarter ended
			June 29, 2025
			Energy Systems						Motive Power						Specialty						Total
Net Sales by segment to unaffiliated customers (1)			$	391,371					$	349,078					$	148,511					$	888,960
Net sales from corporate and other																					4,064
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 charges			1,055						4,807						—						5,862
Amortization of intangible assets			5,843						121						2,393						8,357
Accelerated stock compensation expense			5,374						3,367						1,457						10,198
Other			1,186						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 Systems						Motive Power						Specialty						Total
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 charges			3,777						1,395						766						5,938
Amortization of intangible assets			6,001						183						702						6,886
Other			176						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 ended						Quarter ended
						June 29, 2025						June 30, 2024
Capital Expenditures
Energy Systems						$	13,678					$	8,776
Motive Power						9,187						6,445
Specialty						8,562						11,576
Other						1,592						9,340
Total						$	33,019					$	36,137
Depreciation and Amortization
Energy Systems						$	13,151					$	12,502
Motive Power						6,375						5,845
Specialty						7,356						5,193
Other						12						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, 2025						June 30, 2024
Property, plant and equipment, net
Energy Systems						$	202,796					$	181,992
Motive Power						134,403						132,209
Specialty						255,561						223,153
Other						14,369						9,716
Total						$	607,129					$	547,070

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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