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Segment Information
12 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
The Company reports its results in four business segments: Transportation Americas, Transportation Europe and 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 four 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 shared services and other corporate costs are not allocated or charged to the business groups.

Selected financial information concerning the Company’s reportable segments is as follows:
 
 
 
For the Fiscal Year Ended
 
 
March 31, 2013
 
March 31, 2012
 
March 31, 2011
 
 
(In thousands)
Net sales
 
 
 
 
 
 
Transportation Americas
 
$
879,831

 
$
907,838

 
$
942,014

Transportation Europe & ROW
 
926,978

 
1,014,292

 
922,870

Industrial Energy Americas
 
368,386

 
339,328

 
295,364

Industrial Energy Europe & ROW
 
796,503

 
823,192

 
727,268


 
$
2,971,698

 
$
3,084,650

 
$
2,887,516

Operating income (loss) by segment
 
 
 
 
 
 
Transportation Americas
 
$
(23,158
)
 
$
9,513

 
$
62,368

Transportation Europe & ROW
 
20,335

 
55,928

 
65,792

Industrial Energy Americas
 
28,266

 
41,657

 
25,220

Industrial Energy Europe & ROW
 
21,787

 
14,435

 
23,149

Unallocated corporate
 
(29,096
)
 
(31,780
)
 
(38,470
)

 
18,134

 
89,753

 
138,059

Restructuring and impairments, net
 
(71,495
)
 
(10,878
)
 
(42,286
)

 
$
(53,361
)
 
$
78,875

 
$
95,773

Depreciation & Amortization
 

 

 

Transportation Americas
 
$
28,465

 
$
28,215

 
$
27,365

Transportation Europe & ROW
 
19,052

 
18,590

 
18,991

Industrial Energy Americas
 
10,963

 
11,701

 
11,441

Industrial Energy Europe & ROW
 
17,386

 
21,039

 
19,278

Unallocated corporate
 
4,321

 
4,808

 
6,992


 
$
80,187

 
$
84,353

 
$
84,067

Capital expenditures
 

 

 

Transportation Americas
 
$
32,105

 
$
38,872

 
$
25,011

Transportation Europe & ROW
 
36,323

 
40,195

 
25,768

Industrial Energy Americas
 
9,313

 
7,392

 
19,148

Industrial Energy Europe & ROW
 
16,120

 
15,915

 
14,808

Unallocated corporate
 
7,640

 
7,462

 
3,854


 
$
101,501

 
$
109,836

 
$
88,589





Geographic information is as follows:
 
 
 
Revenues from External Customers
 
 
Fiscal Year Ended
March 31, 2013
 
March 31, 2012
 
March 31, 2011
 
 
(In thousands)
United States
 
$
1,248,217

 
$
1,247,166

 
$
1,072,139

France
 
190,730

 
200,456

 
180,716

Germany
 
382,521

 
434,051

 
363,296

Italy
 
217,403

 
229,271

 
194,231

Spain
 
238,235

 
252,801

 
231,304

Poland
 
105,813

 
107,519

 
112,972

Other
 
588,779

 
613,386

 
732,858

Total
 
$
2,971,698

 
$
3,084,650

 
$
2,887,516


 
 
 
Long-Lived Assets
 
 
March 31, 2013
 
March 31, 2012
 
 
(In thousands)
United States
 
$
235,665

 
$
287,802

France
 
15,807

 
16,356

Germany
 
62,203

 
67,245

Italy
 
55,505

 
59,783

Spain
 
86,267

 
89,234

Poland
 
48,734

 
35,406

Other
 
53,934

 
67,149

Total
 
$
558,115

 
$
622,975