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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Net sales $ 2,297.9 $ 2,050.1 $ 1,808.4
Cost of sales 1,908.5 1,740.8 1,515.0
Gross profit 389.4 309.3 293.4
Selling, general and administrative expenses 234.0 215.1 210.9
Restructuring expenses 5.0 24.1 13.4
Impairment charges (reversals) - net 0.0 (55.7) 166.8
Loss on sale of assets 0.0 6.6 0.0
Operating income (loss) 150.4 119.2 (97.7)
Interest expense (20.7) (15.6) (19.4)
Other expense - net (4.4) (2.1) (2.2)
Earnings (loss) before income taxes 125.3 101.5 (119.3)
Benefit (provision) for income taxes 28.3 (15.2) (90.2)
Net earnings (loss) 153.6 86.3 (209.5)
Net earnings attributable to noncontrolling interest (0.5) (1.1) (1.2)
Net earnings (loss) attributable to Modine $ 153.1 $ 85.2 $ (210.7)
Net earnings (loss) per share attributable to Modine shareholders:      
Basic (in dollars per share) $ 2.93 $ 1.64 $ (4.11)
Diluted (in dollars per share) $ 2.9 $ 1.62 $ (4.11)
Weighted-average shares outstanding:      
Basic (in shares) 52.3 52.0 51.3
Diluted (in shares) 52.8 52.5 51.3