XML 39 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) [Abstract]    
Net sales $ 346.1 $ 392.5
Cost of sales 289.1 324.8
Gross profit 57.0 67.7
Selling, general and administrative expenses 42.8 42.8
Restructuring expenses 2.6 0.8
Operating income 11.6 24.1
Interest expense (2.8) (3.1)
Other expense - net 0.0 (0.2)
Earnings before income taxes 8.8 20.8
Provision for income taxes (3.3) (6.7)
Net earnings 5.5 14.1
Net earnings attributable to noncontrolling interest (0.4) (0.4)
Net earnings attributable to Modine $ 5.1 $ 13.7
Net earnings per share attributable to Modine shareholders:    
Basic (in dollars per share) $ 0.11 $ 0.29
Diluted (in dollars per share) $ 0.11 $ 0.28
Weighted - average shares outstanding:    
Basic (in shares) 47.3 47.0
Diluted (in shares) 47.8 47.7