| 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 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 | |
Treasury Stock
During the current quarter ended July 5, 2026, the Company purchased 219,204 shares for $49,958 and purchased 1,740,161 shares for $150,034 during the three months ended June 29, 2025. At July 5, 2026 and March 31, 2026, the Company held 21,305,909 and 21,089,229 shares as treasury stock, respectively. During the current quarter ended July 5, 2026, the Company also issued 2,524 shares out of its treasury stock, valued at $62.55 per share to participants under the Company's Employee Stock Purchase Plan. During the prior quarter ended June 29, 2025, the Company issued 4,154 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 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. 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 | | | |
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 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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