CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Mar. 31, 2011
Current assets:
Cash and cash equivalents	$ 26,098	$ 32,930
Trade receivables, less allowance for doubtful accounts of $575 and $754	185,867	219,189
Inventories	129,526	122,629
Deferred income taxes and other current assets	56,448	52,877
Total current assets	397,939	427,625
Noncurrent assets:
Property, plant and equipment - net	397,176	430,295
Investment in affiliates	3,813	3,863
Goodwill	29,236	31,572
Intangible assets - net	5,850	6,533
Other noncurrent assets	13,818	17,051
Total noncurrent assets	449,893	489,314
Total assets	847,832	916,939
Current liabilities:
Short-term debt	15,901	8,825
Long-term debt - current portion	61	262
Accounts payable	132,587	177,549
Accrued compensation and employee benefits	43,376	63,163
Income taxes	7,485	3,739
Accrued expenses and other current liabilities	60,930	63,003
Total current liabilities	260,340	316,541
Noncurrent liabilities:
Long-term debt	149,550	138,582
Deferred income taxes	10,774	9,988
Pensions	51,604	62,926
Postretirement benefits	6,003	5,967
Other noncurrent liabilities	14,548	19,983
Total noncurrent liabilities	232,479	237,446
Total liabilities	492,819	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 47,310 and 47,105 shares	29,569	29,440
Additional paid-in capital	170,195	166,359
Retained earnings	226,067	203,686
Accumulated other comprehensive loss	(57,353)	(22,533)
Treasury stock at cost: 589 and 559 shares, respectively	(14,461)	(14,000)
Total Modine shareholders' equity	354,017	362,952
Noncontrolling interest	996	0
Total equity	355,013	362,952
Total liabilities and shareholders' equity	$ 847,832	$ 916,939