XML 29 R19.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings Per Share
6 Months Ended
Oct. 02, 2016
Text Block [Abstract]  
Earnings Per Share Earnings Per Share

The following table sets forth the reconciliation from basic to diluted weighted-average number of common shares outstanding and the calculations of net earnings per common share attributable to EnerSys stockholders.
 
 
 
Quarter ended
 
Six months ended
 
 
October 2, 2016
 
September 27, 2015
 
October 2, 2016
 
September 27, 2015
Net earnings attributable to EnerSys stockholders
 
$
45,636

 
$
40,025

 
$
90,209

 
$
88,412

Weighted-average number of common shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
43,426,955

 
44,944,027

 
43,348,449

 
44,588,971

Dilutive effect of:
 
 
 
 
 
 
 
 
Common shares from exercise and lapse of equity awards, net of shares assumed reacquired
 
522,588

 
666,875

 
541,229

 
685,154

3.375% Convertible Notes due 2038 (1)
 

 
394,497

 

 
1,106,762

Diluted weighted-average number of common shares outstanding
 
43,949,543

 
46,005,399

 
43,889,678

 
46,380,887

Basic earnings per common share attributable to EnerSys stockholders
 
$
1.05

 
$
0.89

 
$
2.08

 
$
1.98

Diluted earnings per common share attributable to EnerSys stockholders
 
$
1.04

 
$
0.87

 
$
2.06

 
$
1.91

Anti-dilutive equity awards not included in diluted weighted-average common shares
 
245,199

 
742

 
317,578

 
742



(1) On July 17, 2015, the Company paid $172,388, in aggregate, towards the principal balance of the 3.375% Convertible Notes due 2038, including accreted interest, cash equivalent of fractional shares issued towards conversion premium and settled the conversion premium by issuing, in the aggregate, 1,889,431 shares of its common stock, which were included in the diluted weighted average shares outstanding for the period prior to the extinguishment.