Stockholders' Equity and Noncontrolling Interests (Tables)

3 Months Ended

Jul. 05, 2026

Schedule of Change in Stockholders Equity

The following demonstrates the change in the number of shares of common stock outstanding during the current quarter ended July 5, 2026:


Shares outstanding as of March 31, 2026						36,462,211
Purchase of treasury stock						(219,204)
Shares issued under equity-based compensation plans, net of equity awards surrendered for option price and taxes						67,443
Shares outstanding as of July 5, 2026						36,310,450

The following demonstrates the change in equity attributable to EnerSys stockholders and nonredeemable noncontrolling interests during the first quarter ended July 5, 2026:


(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, 2026	$	—	$	576	$	734,922	$	(1,361,585)	$	2,743,635	$	(212,264)	$	1,905,284	$	3,588	$	1,908,872
Stock-based compensation	—		—		7,778		—		—		—		7,778		—		7,778
Exercise of stock options	—		—		5,859		—		—		—		5,859		—		5,859
Purchase of common stock	—		—		—		(49,958)		—		—		(49,958)		—		(49,958)
Other	—		—		(263)		(254)		—		—		(517)		—		(517)
Net earnings	—		—		—		—		116,450		—		116,450		—		116,450
Dividends ($0.2625 per common share)	—		—		245		—		(9,800)		—		(9,555)		—		(9,555)
Other comprehensive income:													—
Pension funded status adjustment (net of tax benefit of $—)	—		—		—		—		—		(2)		(2)		—		(2)
Net unrealized gain (loss) on derivative instruments (net of tax gain of $478)	—		—		—		—		—		1,557		1,557		—		1,557
Foreign currency translation adjustment	—		—		—		—		—		(6,996)		(6,996)		59		(6,937)
Balance at July 5, 2026	$	—	$	576	$	748,541	$	(1,411,797)	$	2,850,285	$	(217,705)	$	1,969,900	$	3,647	$	1,973,547

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)		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 ($0.240 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

Components of Accumulated Other Comprehensive Income

The components of AOCI, net of tax, as of July 5, 2026 and March 31, 2026, are as follows:


	March 31, 2026		Before Reclassifications		Amounts Reclassified from AOCI		July 5, 2026
Pension funded status adjustment	$	(2,636)	$	—	$	(2)	$	(2,638)
Net unrealized gain (loss) on derivative instruments	(4,562)		(142)		1,699		(3,005)
Foreign currency translation adjustment (1)	(205,066)		(6,996)		—		(212,062)
Accumulated other comprehensive (loss) income	$	(212,264)	$	(7,138)	$	1,697	$	(217,705)

(1) Foreign currency translation adjustment for the current quarter ended July 5, 2026 includes a $1,238 gain (net of taxes of $372) 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 July 5, 2026:


Components of AOCI	Amounts Reclassified from AOCI		Location of (Gain) Loss Recognized on Income Statement
Derivatives in cash flow hedging relationships:
Net unrealized loss on derivative instruments	$	2,209	Cost of goods sold
Tax expense	(510)
Net unrealized loss on derivative instruments, net of tax	$	1,699

Derivatives in net investment hedging relationships:
Net unrealized gain on derivative instruments	$	(1,870)	Interest expense
Tax expense	437
Net unrealized gain on derivative instruments, net of tax	$	(1,433)

Defined benefit pension costs:
Prior service costs and deferrals	$	(2)	Net periodic benefit cost, included in other (income) expense, net - See Note 12
Tax benefit	—
Net periodic benefit cost, net of tax	$	(2)

The following table presents reclassifications from AOCI during the first quarter ended June 29, 2025:


Components of AOCI	Amounts Reclassified from AOCI		Location 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 expense	313
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 expense	274
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 12
Tax benefit	(37)
Net periodic benefit cost, net of tax	$	123