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Segment Information
 3 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
The Company reports its results in four business segments: Transportation Americas; Transportation Europe and Rest of World (“ROW”); Industrial Energy Americas; and Industrial Energy Europe and ROW. The Company is a global producer and recycler of lead-acid batteries. The Company’s four business segments provide a comprehensive range of stored electrical energy products and services for transportation and industrial applications.
Transportation markets include original equipment and aftermarket batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, marine, and other applications. Industrial markets include batteries for Motive Power and Network Power applications. Motive Power batteries are used in the materials handling industry for electric forklift trucks, and in other industries, including floor cleaning machinery, powered wheelchairs, railroad locomotives, mining, and the electric road vehicles market. Network Power batteries are used for backup power for use with telecommunications systems, computer installations, hospitals, air traffic control, security systems, utility, railway, and military applications.
The Company’s reportable segments are determined based upon the nature of the markets served and the geographic regions in which they operate. The Company’s chief operating decision-maker monitors and manages the financial performance of these four business groups. Costs of certain shared services and other corporate costs are not allocated or charged to the business groups.
Selected financial information concerning the Company’s reportable segments were as follows:
 
Three Months Ended
 
June 30, 2014
 
June 30, 2013
 
(In thousands)
Net sales



Transportation Americas
$
158,754


$
190,212

Transportation Europe & ROW
191,331


186,437

Industrial Energy Americas
107,847


101,617

Industrial Energy Europe & ROW
193,653


203,976


$
651,585


$
682,242

Operating income (loss)
 

 
Transportation Americas
$
(20,652
)

$
(15,944
)
Transportation Europe & ROW
448


(4,527
)
Industrial Energy Americas
5,348


4,627

Industrial Energy Europe & ROW
4,427


6,078

Unallocated corporate expenses
(5,107
)

(6,364
)

(15,536
)

(16,130
)
Restructuring and impairments, net (a)
(2,682
)

(8,724
)

$
(18,218
)

$
(24,854
)
Depreciation and Amortization
 

 
Transportation Americas
$
6,208


$
6,980

Transportation Europe & ROW
5,959


5,223

Industrial Energy Americas
2,614


2,979

Industrial Energy Europe & ROW
4,349


4,345

Unallocated corporate expenses
1,354


964


$
20,484


$
20,491

Capital expenditures
 

 
Transportation Americas
$
8,660


$
5,386

Transportation Europe & ROW
9,047


10,757

Industrial Energy Americas
1,318


986

Industrial Energy Europe & ROW
3,090


1,584

Unallocated corporate expenses
1,476


217


$
23,591


$
18,930

(a) See Note 13 to the Consolidated Financial Statements.