XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 805.0 $ 616.8 $ 2,226.7 $ 1,936.3
Cost of sales 618.9 467.2 1,710.3 1,458.5
Gross profit 186.1 149.6 516.4 477.8
Selling, general and administrative expenses 89.3 82.0 258.4 250.6
Restructuring expenses 7.5 8.3 15.4 18.2
Impairment charge     4.1  
Operating income 89.3 59.3 238.5 209.0
Interest expense (8.9) (6.2) (23.0) (21.1)
Pension termination charge (116.1)   (116.1)  
Other (expense) income - net (2.8) 1.1 (8.5) (0.7)
(Loss) earnings before income taxes (38.5) 54.2 90.9 187.2
Provision for income taxes (8.3) (13.0) (41.2) (51.8)
Net (loss) earnings (46.8) 41.2 49.7 135.4
Net earnings attributable to noncontrolling interest (0.6) (0.2) (1.5) (1.0)
Net (loss) earnings attributable to Modine $ (47.4) $ 41.0 $ 48.2 $ 134.4
Net (loss) earnings per share attributable to Modine shareholders:        
Basic (in dollars per share) $ (0.9) $ 0.78 $ 0.91 $ 2.56
Diluted (in dollars per share) $ (0.9) $ 0.76 $ 0.9 $ 2.49
Weighted-average shares outstanding:        
Basic (in shares) 52.8 52.7 52.7 52.6
Diluted (in shares) 52.8 53.9 53.7 53.9