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Business Segments (Tables) | 3 Months Ended
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Jul. 05, 2026
Segment Reporting [Abstract] |
Selected Financial Data for Reportable Business Segments and Product Lines | The following table presents summarized financial information for the reportable segments at July 5, 2026 and June 29, 2025. The Company does not allocate assets to its segments as the CODM does not evaluate the performance of segments using asset information.
| Quarter ended
| July 5, 2026
| Network & Infrastructure Solutions |  | Industrial Mobility Solutions |  | Precision Power Solutions |  | Corporate and other unallocated (3) |  | Total
Net Sales by segment to unaffiliated customers (1) | $ | 428,334 |  |  | $ | 406,851 |  |  | $ | 100,456 |  |  | $ | — |  |  | $ | 935,641 |
Less: |  |  |  |  |  |  |  |  |
Other segment items(4) | $ | 383,280 |  |  | $ | 369,181 |  |  | $ | 82,183 |  |  |  |  | $ | 834,644 |
Segment income | $ | 45,054 |  |  | $ | 37,670 |  |  | $ | 18,273 |  |  |  |  | $ | 100,997 |
Less: |  |  |  |  |  |  |  |  |
Restructuring and other exit charges | 6,211 |  |  | 4,498 |  |  | (1) |  |  |  |  | 10,708 |
Amortization of intangible assets | 5,827 |  |  | 368 |  |  | 2,080 |  |  |  |  | 8,275 |
Stock-based Compensation | 2,845 |  |  | 3,738 |  |  | 1,195 |  |  |  |  | 7,778 |
Other | 16 |  |  | 34 |  |  | 598 |  |  |  |  | 648 |
Total operating earnings (2) | $ | 30,155 |  |  | $ | 29,032 |  |  | $ | 14,401 |  |  | $ | 77,826 |  |  | $ | 151,414 |
Depreciation | $ | 8,390 |  |  | $ | 11,078 |  |  | $ | 2,752 |  |  | $ | 0 |  |  | $ | 22,220 |
Capital Expenditures | $ | 4,867 |  |  | $ | 4,961 |  |  | $ | 1,986 |  |  | $ | 608 |  |  | $ | 12,422 |
(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 unallocated includes amounts managed on a company-wide basis and not directly allocated to any reportable segments, primarily relating to IRC 45X production tax credits and refunds of IEEPA tariffs recognized relating to amounts paid in prior periods. Also, included are start-up costs for exploration of a new lithium plant. (4) Primarily includes cost of sales and operating expenses.
| Quarter ended
| June 29, 2025
| Network & Infrastructure Solutions |  | Industrial Mobility Solutions |  | Precision Power Solutions |  | Corporate and other unallocated (3) |  | Total
Net Sales by segment to unaffiliated customers (1) | $ | 391,371 |  |  | $ | 420,403 |  |  | $ | 81,250 |  |  | $ | — |  |  | $ | 893,024 |
Less: |  |  |  |  |  |  |  |  |
Other segment items(4) | $ | 361,411 |  |  | $ | 378,303 |  |  | $ | 68,882 |  |  |  |  | $ | 808,596 |
Segment income | $ | 29,960 |  |  | $ | 42,100 |  |  | $ | 12,368 |  |  |  |  | $ | 84,428 |
Less: |  |  |  |  |  |  |  |  |
Restructuring and other exit charges | 1,054 |  |  | 4,808 |  |  | — |  |  |  |  | 5,862 |
Amortization of intangible assets | 5,843 |  |  | 407 |  |  | 2,107 |  |  |  |  | 8,357 |
Stock-based Compensation | 7,948 |  |  | 8,770 |  |  | 883 |  |  |  |  | 17,601 |
Other | 1,032 |  |  | 754 |  |  | 1,399 |  |  |  |  | 3,185 |
Total operating earnings (2) | $ | 14,083 |  |  | $ | 27,361 |  |  | $ | 7,979 |  |  | $ | 37,057 |  |  | $ | 86,480 |
Depreciation | $ | 7,308 |  |  | $ | 9,691 |  |  | $ | 1,526 |  |  | $ | 12 |  |  | $ | 18,537 |
Capital Expenditures | $ | 13,822 |  |  | $ | 15,388 |  |  | $ | 2,217 |  |  | $ | 1,592 |  |  | $ | 33,019 |
(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 IRC 45X production tax credits. Also, included are start-up costs for exploration of a new lithium plant. (4) Primarily includes cost of sales and operating expenses. Goodwill Concurrent with the change in reporting segments effective May 28, 2026, goodwill was reassigned to the affected reporting units that have been identified within each operating segment, using a relative fair value approach outlined in ASC 350, Intangibles - Goodwill and Other. The following table presents the amount of goodwill that has been reassigned to each of the Company's reportable segments as of May 28, 2026, using the relative fair value approach, as well as any changes in the carrying amount of goodwill by segment during the first quarter of fiscal 2027:
|  | Energy Systems |  | Motive Power |  | Specialty |  | Network & Infrastructure Solutions |  | Industrial Mobility Solutions |  | Precision Power Solutions |  | Total
Balance at March 31, 2026 |  | $ | 255,722 |  |  | $ | 331,018 |  |  | $ | 165,684 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 752,424 |
Reassigned |  | (255,722) |  |  | (331,018) |  |  | (165,684) |  |  | 255,722 |  |  | 362,341 |  |  | 134,361 |  |  | — |
Foreign currency translation adjustment |  | — |  |  | — |  |  | — |  |  | (4,074) |  |  | 1,034 |  |  | (1,170) |  |  | (4,210) |
Balance as of July 5, 2026 |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 251,648 |  |  | $ | 363,375 |  |  | $ | 133,191 |  |  | $ | 748,214 |

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- Definition Tabular disclosure of segment reporting. Includes, but is not limited to, reconciliation of reportable segment amount to corresponding consolidated total. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26A Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 + Details
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