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Earnings Per Share (Tables)
12 Months Ended
Mar. 31, 2022
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,
 
   
2022
   
2021
   
2020
 
Basic Earnings Per Share:
                 
Net earnings (loss) attributable to Modine
 
$
85.2
   
$
(210.7
)
 
$
(2.2
)
                         
Weighted-average shares outstanding – basic
   
52.0
     
51.3
     
50.8
 
                         
Net earnings (loss) per share – basic
 
$
1.64
   
$
(4.11
)
 
$
(0.04
)
                         
Diluted Earnings Per Share:
                       
Net earnings (loss) attributable to Modine
 
$
85.2
   
$
(210.7
)
 
$
(2.2
)
                         
Weighted-average shares outstanding – basic
   
52.0
     
51.3
     
50.8
 
Effect of dilutive securities
   
0.5
     
-
     
-
 
Weighted-average shares outstanding – diluted
   
52.5
     
51.3
     
50.8
 
                         
Net earnings (loss) per share – diluted
 
$
1.62
   
$
(4.11
)
 
$
(0.04
)