XML 53 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Mar. 31, 2013
Assets:    
Cash and cash equivalents $ 86.3 $ 23.8
Trade accounts receivable - net 177.4 194.5
Inventories 118.9 118.8
Other current assets 81.9 61.9
Total current assets 464.5 399.0
Property, plant and equipment - net 352.8 355.9
Investment in affiliate 3.5 3.3
Intangible assets - net 7.9 8.3
Goodwill 28.2 28.7
Other noncurrent assets 32.6 23.6
Total assets 889.5 818.8
Liabilities:    
Short-term debt 35.9 30.6
Long-term debt - current portion 1.0 0.5
Accounts payable 133.5 150.7
Accrued compensation and employee benefits 65.1 51.2
Other current liabilities 91.1 47.1
Total current liabilities 326.6 280.1
Long-term debt 131.4 132.5
Deferred income taxes 6.6 8.6
Pensions 101.6 108.0
Postretirement benefits 6.5 6.7
Other noncurrent liabilities 22.3 14.6
Total liabilities 595.0 550.5
Commitments and contingencies (see Note 17)      
Shareholders' equity:    
Preferred stock, $0.025 par value, authorized 16.0 million shares, issued - none 0 0
Common stock, $0.625 par value, authorized 80.0 million shares, issued 48.2 million and 47.8 million shares 30.2 29.9
Additional paid-in capital 174.8 171.2
Retained earnings 218.6 207.6
Accumulated other comprehensive loss (117.5) (128.4)
Treasury stock, at cost, 0.7 million and 0.6 million shares (15.2) (14.6)
Total Modine shareholders' equity 290.9 265.7
Noncontrolling interest 3.6 2.6
Total equity 294.5 268.3
Total liabilities and equity $ 889.5 $ 818.8