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Stockholders' Equity and Noncontrolling Interests
 6 Months Ended
Sep. 28, 2025
Equity [Abstract]  
Stockholders' Equity and Noncontrolling Interests Stockholders’ Equity and Noncontrolling Interests
Common Stock

The following demonstrates the change in the number of shares of common stock outstanding during the six months ended September 28, 2025:
 
Shares outstanding as of March 31, 202539,192,061 
Purchase of treasury stock(2,375,741)
Shares issued under equity-based compensation plans, net of equity awards surrendered for option price and taxes383,834 
Shares outstanding as of September 28, 202537,200,154 

Treasury Stock

During the six months ended September 28, 2025, the Company purchased 2,375,741 shares for $217,784 and purchased 780,849 shares for $75,187 during the six months ended September 29, 2024. At September 28, 2025 and March 31, 2025, the Company held 20,014,721 and 17,647,529 shares as treasury stock, respectively. During the six months ended September 28, 2025, the Company also issued 8,549 shares out of its treasury stock, valued at $62.55 per share to participants under the Company's Employee Stock Purchase Plan. During the six months ended September 29, 2024, the Company issued 6,173 shares out of its treasury stock, valued at $62.55 per share, to participants under the Company's Employee Stock Purchase Plan.
Accumulated Other Comprehensive Income (“AOCI ”)

The components of AOCI, net of tax, as of September 28, 2025 and March 31, 2025, are as follows:
March 31, 2025Before ReclassificationsAmounts Reclassified from AOCISeptember 28, 2025
Pension funded status adjustment$(10,374)$— $245 $(10,129)
Net unrealized gain (loss) on derivative instruments(269)(2,570)2,084 (755)
Foreign currency translation adjustment (1)
(236,836)27,067 — (209,769)
Accumulated other comprehensive (loss) income$(247,479)$24,497 $2,329 $(220,653)
(1) Foreign currency translation adjustment for the six months ended September 28, 2025 includes a $39,411 loss (net of taxes of $12,020) related to the Company's $600,000 cross-currency fixed interest rate swap contracts.

The following table presents reclassifications from AOCI during the second quarter ended September 28, 2025:
Components of AOCI Amounts Reclassified from AOCILocation of (Gain) Loss Recognized on Income Statement
Derivatives in cash flow hedging relationships:
Net unrealized loss on derivative instruments$1,978 Cost of goods sold
Tax benefit(462)
Net unrealized loss on derivative instruments, net of tax$1,516 
Derivatives in net investment hedging relationships:
Net unrealized gain on derivative instruments$(4,076)Interest expense
Tax expense953 
Net unrealized gain on derivative instruments, net of tax$(3,123)
Defined benefit pension costs:
Prior service costs and deferrals$159 Net periodic benefit cost, included in other (income) expense, net - See Note 14
Tax benefit(37)
Net periodic benefit cost, net of tax$122 
The following table presents reclassifications from AOCI during the six months ended September 28, 2025:
Components of AOCI Amounts Reclassified from AOCILocation of (Gain) Loss Recognized on Income Statement
Derivatives in cash flow hedging relationships:
Net unrealized loss on derivative instruments$2,721 Cost of goods sold
Tax benefit(637)
Net unrealized loss on derivative instruments, net of tax$2,084 
Derivatives in net investment hedging relationships:
Net unrealized gain on derivative instruments$(2,903)Interest expense
Tax expense679 
Net unrealized gain on derivative instruments, net of tax$(2,224)
Defined benefit pension costs:
Prior service costs and deferrals$319 Net periodic benefit cost, included in other (income) expense, net - See Note 14
Tax benefit(74)
Net periodic benefit cost, net of tax$245 



The following table presents reclassifications from AOCI during the second quarter ended September 29, 2024:


Components of AOCIAmounts Reclassified from AOCILocation of (Gain) Loss Recognized on Income Statement
Derivatives in cash flow hedging relationships:
Net unrealized gain on derivative instruments$(2,258)Cost of goods sold
Tax expense527 
Net unrealized gain on derivative instruments, net of tax$(1,731)
Derivatives in net investment hedging relationships:
Net unrealized gain on derivative instruments$(711)Interest expense
Tax expense166 
Net unrealized gain on derivative instruments, net of tax$(545)
Defined benefit pension costs:
Prior service costs and deferrals$133 Net periodic benefit cost, included in other (income) expense, net - See Note 14
Tax benefit(32)
Net periodic benefit cost, net of tax$101 
The following table presents reclassifications from AOCI during the six months ended September 29, 2024:


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$(1,639)Cost of goods sold
Tax expense382 
Net unrealized gain on derivative instruments, net of tax$(1,257)
Derivatives in net investment hedging relationships:
Net unrealized gain on derivative instruments$(975)Interest expense
Tax expense229 
Net unrealized gain on derivative instruments, net of tax$(746)
Defined benefit pension costs:
Prior service costs and deferrals$260 Net periodic benefit cost, included in other (income) expense, net - See Note 14
Tax benefit(63)
Net periodic benefit cost, net of tax$197 
The following demonstrates the change in equity attributable to EnerSys stockholders and nonredeemable noncontrolling interests during the second quarter and six months ended September 28, 2025:
(In Thousands, Except Per Share Data)

Preferred
Stock		Common
Stock		Additional Paid-in
Capital		Treasury
Stock		Retained
Earnings		Accumulated
Other
Comprehensive
Income (Loss)		Total
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 
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)
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 
Stock-based compensation— — 4,435 — — — 4,435 — 4,435 
Exercise of stock options— 4 16,944 — — — 16,948 — 16,948 
Shares issued under equity awards (taxes paid related to net share settlement of equity awards), net— — (8,174)— — — (8,174)— (8,174)
Purchase of common stock— — — (67,750)— — (67,750)— (67,750)
Other— — 26 249 — — 275 — 275 
Net earnings— — — — 68,426 — 68,426 — 68,426 
Dividends ($0.2625 per common share)
— — 257 — (10,067)— (9,810)— (9,810)
Other comprehensive income:— 
Pension funded status adjustment (net of tax benefit of $37)
— — — — — 122 122 — 122 
Net unrealized gain (loss) on derivative instruments (net of tax of $289)
— — — — — (948)(948)— (948)
Foreign currency translation adjustment— — — — — (2,722)(2,722)19 (2,703)
Balance at September 28, 2025$— $572 $694,098 $(1,206,205)$2,595,689 $(220,653)$1,863,501 $3,469 $1,866,970 

The following demonstrates the change in equity attributable to EnerSys stockholders and nonredeemable noncontrolling interests during the second quarter and six months ended September 29, 2024:
(In Thousands, Except Per Share Data)

Preferred
Stock		Common
Stock		Additional Paid-in
Capital		Treasury
Stock		Retained
Earnings		Accumulated
Other
Comprehensive
Income (Loss)		Total
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:0
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 
Stock-based compensation— — 5,125 — — — 5,125 — 5,125 
Exercise of stock options— — 479 — — — 479 — 479 
Shares issued under equity awards (taxes paid related to net share settlement of equity awards), net— — (7,934)— — — (7,934)— (7,934)
Shares released under deferred compensation for directors— — 2,404 — — — 2,404 — 2,404 
Purchase of common stock— — — (63,546)— — (63,546)— (63,546)
Other— 2 (67)179 — — 114 — 114 
Net earnings— — — — 82,266 — 82,266 — 82,266 
Dividends ($0.24 per common share)
— — — — (9,555)— (9,555)— (9,555)
Other comprehensive income:— 
Pension funded status adjustment (net of tax benefit of $32)
— — — — — 87 87 — 87 
Net unrealized gain (loss) on derivative instruments (net of tax of $2,392)
— — — — — (7,842)(7,842)— (7,842)
Foreign currency translation adjustment— — — — — 28,685 28,685 124 28,809 
Balance at September 29, 2024$— $567 $644,162 $(910,650)$2,297,431 $(193,443)$1,838,067 $3,529 $1,841,596