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Condensed Consolidated Balance Sheet (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Mar. 31, 2011
Current assets:    
Cash and cash equivalents $ 48,328 $ 32,930
Trade receivables, less allowance for doubtful accounts of $787 and $754 227,986 219,189
Inventories 131,817 122,629
Deferred income taxes and other current assets 58,592 52,877
Total current assets 466,723 427,625
Noncurrent assets:    
Property, plant and equipment - net 434,838 430,295
Investment in affiliates 3,449 3,863
Goodwill 32,180 31,572
Intangible assets - net 6,427 6,533
Other noncurrent assets 16,988 17,051
Total noncurrent assets 493,882 489,314
Total assets 960,605 916,939
Current liabilities:    
Short-term debt 8,969 8,825
Long-term debt - current portion 202 262
Accounts payable 167,718 177,549
Accrued compensation and employee benefits 59,214 63,163
Income taxes 6,091 3,739
Accrued expenses and other current liabilities 60,180 63,003
Total current liabilities 302,374 316,541
Noncurrent liabilities:    
Long-term debt 178,228 138,582
Deferred income taxes 9,894 9,988
Pensions 58,123 62,926
Postretirement benefits 6,039 5,967
Other noncurrent liabilities 20,671 19,983
Total noncurrent liabilities 272,955 237,446
Total liabilities 575,329 553,987
Commitments and contingencies (See Note 19)    
Shareholders' equity:    
Preferred stock, $0.025 par value, authorized 16,000 shares, issued - none 0 0
Common stock, $0.625 par value, authorized 80,000 shares, issued 47,119 and 47,105 shares, respectively 29,449 29,440
Additional paid-in capital 167,337 166,359
Retained earnings 216,812 203,686
Accumulated other comprehensive loss (15,004) (22,533)
Treasury stock at cost: 575 and 559 shares, respectively (14,245) (14,000)
Total Modine shareholders' equity 384,349 362,952
Noncontrolling interest 927 0
Total equity 385,276 362,952
Total liabilities and equity $ 960,605 $ 916,939