Earnings Per Share

3 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Note 9: Earnings Per Share

The components of basic and diluted earnings per share were as follows:

	Three months ended June 30,
	2015			2014
Net earnings attributable to Modine	$	5.1		$	13.7
Less: Undistributed earnings attributable to unvested shares		(0.1	)		(0.2	)
Net earnings available to Modine shareholders	$	5.0		$	13.5
Weighted-average shares outstanding - basic		47.3			47.0
Effect of dilutive securities		0.5			0.7
Weighted-average shares outstanding - diluted		47.8			47.7
Earnings per share:
Net earnings per share - basic	$	0.11		$	0.29
Net earnings per share - diluted	$	0.11		$	0.28

For the three months ended June 30, 2015 and 2014, the calculation of diluted earnings per share excluded 0.9 million and 0.6 million stock options, respectively, because they were anti-dilutive.