EnerSys
For the period ended Jul 5, 2026. Filed Aug 12, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 5, 2026 · Filed Aug 12, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Debt
- Debt
A summary of the Company's short-term borrowings, long term debt and available credit facilities can be found in Note 11 to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for the year ended March 31, 2026.
The following summarizes the Company’s long-term debt as of July 5, 2026 and March 31, 2026:
| July 5, 2026 · March 31, 2026 | |||||
|---|---|---|---|---|---|
| Principal · Unamortized Issuance Costs · Principal · Unamortized Issuance Costs | |||||
| Senior Notes | |||||
| 4.375% Senior Notes due 2027 | $300,000 | $834 | $300,000 | $978 | |
| 6.625% Senior Notes due 2032 | 300,000 | 3,033 | 300,000 | 3,171 | |
| Amended Credit Facility | |||||
| Third Amended Revolver due 2030 (1) | 417,563 | 3,431 | 487,563 | 3,632 | |
| $1,017,563 | $7,298 | $1,087,563 | $7,781 | ||
| Less: Unamortized issuance costs | 7,298 | 7,781 | |||
| Long-term debt, net of unamortized issuance costs | $1,010,265 | $1,079,782 | |||
(1) The Third Amended Revolver bear interest at SOFR plus between 1.250% and 2.25% (currently 1.250% and based on the Company's consolidated net leverage ratio).
Short-Term Debt
As of July 5, 2026 and March 31, 2026, the Company had $28,667 and $29,201, respectively, of short-term borrowings. The weighted average interest rate on these borrowings was approximately 4.0% and 4.0%, respectively, at July 5, 2026 and March 31, 2026.
Letters of Credit
As of July 5, 2026 and March 31, 2026, the Company had $5,872 and $5,856 of standby letters of credit, respectively.
Debt Issuance Costs
Amortization expense, relating to debt issuance costs, included in interest expense was $483 and $479, respectively, for the first quarter ended July 5, 2026 and June 29, 2025.
Available Lines of Credit
As of July 5, 2026 and March 31, 2026, the Company had available and undrawn, under all its lines of credit, $632,896 and $565,015, respectively, including $56,227 and $58,347, respectively, of uncommitted lines of credit.
- Retirement Plans
The following tables present the components of the Company’s net periodic benefit cost related to its defined benefit pension plans:
| United States Plans · International Plans | ||||
|---|---|---|---|---|
| Quarter ended | Quarter ended | |||
| July 5, 2026 · June 29, 2025 · July 5, 2026 · June 29, 2025 | ||||
| Service cost | $— | $— | $255 | $266 |
| Interest cost | — | — | 291 | 690 |
| Expected return on plan assets | — | (10) | (27) | (377) |
| Amortization and deferral | — | — | (2) | 160 |
| Net periodic benefit cost | $— | $(10) | $517 | $739 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.