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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
Current assets:    
Cash and cash equivalents $ 332,714 $ 346,665
Accounts receivable, net of allowance for doubtful accounts: December 31, 2023 - $10,312; March 31, 2023 - $8,775 498,499 637,817
Inventories, net 755,163 797,798
Prepaid and other current assets 185,901 113,601
Total current assets 1,772,277 1,895,881
Property, plant, and equipment, net 523,558 513,283
Goodwill 691,172 676,715
Other intangible assets, net 334,972 360,412
Deferred taxes 53,406 49,152
Other assets 127,253 121,231
Total assets 3,502,638 3,616,674
Current liabilities:    
Short-term debt 30,937 30,642
Accounts payable 342,066 378,641
Accrued expenses 289,892 309,037
Total current liabilities 662,895 718,320
Long-term debt, net of unamortized debt issuance costs 880,833 1,041,989
Deferred taxes 60,065 61,118
Other liabilities 168,818 191,366
Total liabilities 1,772,611 2,012,793
Commitments and contingencies
Equity:    
Preferred Stock, $0.01 par value, 1,000,000 shares authorized, no shares issued or outstanding at December 31, 2023 and at March 31, 2023 0 0
Common Stock, $0.01 par value per share, 135,000,000 shares authorized, 56,347,317 shares issued and 40,399,131 shares outstanding at December 31, 2023; 56,004,613 shares issued and 40,901,059 shares outstanding at March 31, 2023 563 560
Additional paid-in capital 620,408 596,464
Treasury stock at cost, 15,948,186 shares held as of December 31, 2023 and 15,103,554 shares held as of March 31, 2023 (822,658) (740,956)
Retained earnings 2,112,259 1,930,148
Contra equity - indemnification receivable (1,988) (2,463)
Accumulated other comprehensive loss (182,050) (183,474)
Total EnerSys stockholders’ equity 1,726,534 1,600,279
Nonredeemable noncontrolling interests 3,493 3,602
Total equity 1,730,027 1,603,881
Total liabilities and equity $ 3,502,638 $ 3,616,674