Stockholders' Equity (Tables)

9 Months Ended

Dec. 27, 2015

Change In Number Of Shares Of Common Stock Outstanding

The following demonstrates the change in the number of shares of common stock outstanding during the nine months ended December 27, 2015:



Shares outstanding as of March 31, 2015	44,068,588
Purchase of treasury stock	(2,009,896	)
Shares issued to Convertible Notes holders	1,889,431
Shares issued towards equity-based compensation plans, net of equity awards surrendered for option price and taxes	448,137
Shares outstanding as of December 27, 2015	44,396,260

Components Of Accumulated Other Comprehensive Income

The following table presents reclassifications from AOCI during the third quarter ended December 27, 2015:



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	$	4,744		Cost of goods sold
Tax benefit	(1,753		)
Net unrealized loss on derivative instruments, net of tax	$	2,991

Defined benefit pension costs:
Prior service costs and deferrals	$	421		Net periodic benefit cost, included in cost of goods sold and operating expenses - See Note 10
Tax benefit	(129		)
Net periodic benefit cost, net of tax	$	292

The following table presents reclassifications from AOCI during the third quarter ended December 28, 2014:



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	$	(2,474	)	Cost of goods sold
Tax expense	912
Net unrealized gain on derivative instruments, net of tax	$	(1,562	)

Defined benefit pension costs:
Prior service costs and deferrals	$	230		Net periodic benefit cost, included in cost of goods sold and operating expenses - See Note 10
Tax benefit	(75		)
Net periodic benefit cost, net of tax	$	155

The following table presents reclassifications from AOCI during the nine months ended December 27, 2015:



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	$	3,806		Cost of goods sold
Tax benefit	(1,404		)
Net unrealized loss on derivative instruments, net of tax	$	2,402

Defined benefit pension costs:
Prior service costs and deferrals	$	1,316		Net periodic benefit cost, included in cost of goods sold and operating expenses - See Note 10
Tax benefit	(386		)
Net periodic benefit cost, net of tax	$	930

The following table presents reclassifications from AOCI during the nine months ended December 28, 2014:



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	$	(871	)	Cost of goods sold
Tax expense	320
Net unrealized gain on derivative instruments, net of tax	$	(551	)

Defined benefit pension costs:
Prior service costs and deferrals	$	756		Net periodic benefit cost, included in cost of goods sold and operating expenses - See Note 10
Tax benefit	(235		)
Net periodic benefit cost, net of tax	$	521

The components of AOCI, net of tax, as of December 27, 2015 and March 31, 2015, are as follows:



	March 31, 2015			Before Reclassifications			Amounts Reclassified from AOCI		December 27, 2015
Pension funded status adjustment	$	(23,719	)	$	—		$	930	$	(22,789	)
Net unrealized (loss) gain on derivative instruments	(95		)	(3,818		)	2,402		(1,511		)
Foreign currency translation adjustment	(85,161		)	(19,329		)	—		(104,490		)
Accumulated other comprehensive income (loss)	$	(108,975	)	$	(23,147	)	$	3,332	$	(128,790	)

Equity Attributable To Parent And Noncontrolling Interests [Table Text Block]

The following demonstrates the change in equity attributable to EnerSys stockholders and nonredeemable noncontrolling interests during the nine months ended December 27, 2015:



	Equity Attributable to EnerSys Stockholders			Nonredeemable Noncontrolling Interests			Total Equity
Balance as of March 31, 2015	$	1,038,900		$	5,540		$	1,044,440
Total comprehensive income:
Net earnings (losses)	126,890			(53		)	126,837
Net unrealized loss on derivative instruments, net of tax	(1,416		)	—			(1,416		)
Pension funded status adjustment, net of tax	930			—			930
Foreign currency translation adjustment	(19,329		)	(214		)	(19,543		)
Total other comprehensive loss, net of tax	(19,815		)	(214		)	(20,029		)
Total comprehensive income (loss)	107,075			(267		)	106,808
Other changes in equity:
Purchase of treasury stock including ASR	(120,637		)	—			(120,637		)
Reissuance of treasury stock to Convertible Notes holders	114,449			—			114,449
Adjustment to equity on debt extinguishment	(84,140		)	—			(84,140		)
Cash dividends - common stock ($0.525 per share)	(23,322		)	—			(23,322		)
Reclassification of redeemable equity component of Convertible Notes	1,330			—			1,330
Other, including activity related to equity awards	3,485			—			3,485
Balance as of December 27, 2015	$	1,037,140		$	5,273		$	1,042,413