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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 258,342 $ 346,665
Accounts receivable, net of allowance for doubtful accounts: July 2, 2023 - $9,033; March 31, 2023 - $8,775 566,498 637,817
Inventories, net 809,402 797,798
Prepaid and other current assets 118,804 113,601
Total current assets 1,753,046 1,895,881
Property, plant, and equipment, net 512,970 513,283
Goodwill 688,442 676,715
Other intangible assets, net 354,662 360,412
Deferred taxes 49,153 49,152
Other assets 122,704 121,231
Total assets 3,480,977 3,616,674
Current liabilities:    
Short-term debt 30,962 30,642
Accounts payable 343,336 378,641
Accrued expenses 261,353 309,037
Total current liabilities 635,651 718,320
Long-term debt, net of unamortized debt issuance costs 907,768 1,041,989
Deferred taxes 60,767 61,118
Other liabilities 193,612 191,366
Total liabilities 1,797,798 2,012,793
Commitments and contingencies
Equity:    
Preferred Stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding at July 2, 2023 and at March 31, 2023 0 0
Common Stock, $0.01 par value per share, 135,000,000 shares authorized, 56,129,710 shares issued and 41,030,034 shares outstanding at July 2, 2023; 56,004,613 shares issued and 40,901,059 shares outstanding at March 31, 2023 565 560
Additional paid-in capital 612,295 596,464
Treasury stock at cost, 15,099,676 shares held as of July 2, 2023 and 15,103,554 shares held as of March 31, 2023 (740,742) (740,956)
Retained earnings 1,989,588 1,930,148
Contra equity - indemnification receivable (2,463) (2,463)
Accumulated other comprehensive loss (179,476) (183,474)
Total EnerSys stockholders’ equity 1,679,767 1,600,279
Nonredeemable noncontrolling interests 3,412 3,602
Total equity 1,683,179 1,603,881
Total liabilities and equity $ 3,480,977 $ 3,616,674