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Earnings Per Share
3 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share
Note 10: Earnings Per Share

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

 
Three months ended
June 30,
 
   
2021
   
2020
 
Net earnings (loss) attributable to Modine
 
$
2.3
   
$
(8.6
)
                 
Weighted-average shares outstanding - basic
   
51.8
     
50.9
 
Effect of dilutive securities
   
0.7
     
-
 
Weighted-average shares outstanding - diluted
   
52.5
     
50.9
 
                 
Earnings (loss) per share:
               
Net earnings (loss) per share - basic
 
$
0.04
   
$
(0.17
)
Net earnings (loss) per share - diluted
 
$
0.04
   
$
(0.17
)

For the three months ended June 30, 2021, the calculation of diluted earnings per share excluded 0.3 million and 0.2 million stock options and restricted stock awards, respectively, because they were anti-dilutive.

For the three months ended June 30, 2020, the calculation of diluted earnings per share excluded 1.4 million and 0.4 million stock options and restricted stock awards, respectively, because they were anti-dilutive.