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Segment Information
 9 Months Ended
Dec. 31, 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 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
 
Nine Months Ended
 
 
December 31, 2014
 
December 31, 2013
 
December 31, 2014
 
December 31, 2013
 
 
(In thousands)
 
(In thousands)
Net sales
 
 
 
 
 
 
 
 
Transportation Americas
 
$
179,066

 
$
189,515

 
$
497,722

 
$
564,959

Transportation Europe & ROW
 
243,255

 
283,663

 
657,707

 
689,832

Industrial Energy Americas
 
71,526

 
75,375

 
256,495

 
281,734

Industrial Energy Europe & ROW
 
198,721

 
211,113

 
587,204

 
603,185

 
 
$
692,568

 
$
759,666

 
$
1,999,128

 
$
2,139,710

Operating income (loss)
 
 
 
 
 
 
 
 
Transportation Americas
 
$
(10,242
)
 
$
(280
)
 
$
(39,521
)
 
$
(21,344
)
Transportation Europe & ROW
 
10,296

 
15,986

 
16,751

 
15,957

Industrial Energy Americas
 
4,159

 
4,785

 
14,921

 
22,486

Industrial Energy Europe & ROW
 
7,337

 
4,880

 
16,495

 
15,130

Unallocated corporate expenses
 
(7,719
)
 
(10,015
)
 
(23,323
)
 
(24,964
)
 
 
3,831

 
15,356

 
(14,677
)
 
7,265

Restructuring and impairments, net (a)
 
278

 
3,329

 
17,910

 
14,653

 
 
$
3,553

 
$
12,027

 
$
(32,587
)
 
$
(7,388
)
Depreciation and Amortization
 
 
 
 
 
 
 
 
Transportation Americas
 
$
6,305

 
$
6,186

 
$
17,670

 
$
19,346

Transportation Europe & ROW
 
5,441

 
5,466

 
17,084

 
15,667

Industrial Energy Americas
 
2,726

 
2,869

 
7,955

 
8,732

Industrial Energy Europe & ROW
 
3,870

 
4,574

 
12,422

 
13,104

Unallocated corporate expenses
 
980

 
1,107

 
3,654

 
3,280

 
 
$
19,322

 
$
20,202

 
$
58,785

 
$
60,129

Capital expenditures
 
 
 
 
 
 
 
 
Transportation Americas
 
$
5,519

 
$
5,422

 
$
19,126

 
$
18,406

Transportation Europe & ROW
 
12,675

 
5,079

 
32,360

 
21,075

Industrial Energy Americas
 
5,529

 
585

 
9,233

 
1,977

Industrial Energy Europe & ROW
 
5,991

 
2,809

 
12,243

 
6,406

Unallocated corporate expenses
 
1,254

 
1,219

 
3,974

 
3,514

 
 
$
30,968

 
$
15,114

 
$
76,936

 
$
51,378

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