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Earnings Per Share (Tables)
12 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The components of basic and diluted earnings per share were as follows:

 
Years ended March 31,
 
   
2021
   
2020
   
2019
 
Basic Earnings Per Share:
                 
Net (loss) earnings attributable to Modine
 
$
(210.7
)
 
$
(2.2
)
 
$
84.8
 
Less: Undistributed earnings attributable to unvested shares
   
-
     
-
     
(0.4
)
Net (loss) earnings available to Modine shareholders
 
$
(210.7
)
 
$
(2.2
)
 
$
84.4
 
                         
Weighted-average shares outstanding - basic
   
51.3
     
50.8
     
50.5
 
                         
Net (loss) earnings per share - basic
 
$
(4.11
)
 
$
(0.04
)
 
$
1.67
 
                         
Diluted Earnings Per Share:
                       
Net (loss) earnings attributable to Modine
 
$
(210.7
)
 
$
(2.2
)
 
$
84.8
 
Less: Undistributed earnings attributable to unvested shares
   
-
     
-
     
(0.2
)
Net (loss) earnings available to Modine shareholders
 
$
(210.7
)
 
$
(2.2
)
 
$
84.6
 
                         
Weighted-average shares outstanding - basic
   
51.3
     
50.8
     
50.5
 
Effect of dilutive securities
   
-
     
-
     
0.8
 
Weighted-average shares outstanding - diluted
   
51.3
     
50.8
     
51.3
 
                         
Net (loss) earnings per share - diluted
 
$
(4.11
)
 
$
(0.04
)
 
$
1.65