XML 55 R40.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings Per Share (Tables)
12 Months Ended
Mar. 31, 2023
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,
 
   
2023
   
2022
   
2021
 
Basic Earnings Per Share:
                 
Net earnings (loss) attributable to Modine
 
$
153.1
   
$
85.2
 
$
(210.7
)
                         
Weighted-average shares outstanding – basic
   
52.3
     
52.0
     
51.3
 
                         
Net earnings (loss) per share – basic
 
$
2.93
   
$
1.64
 
$
(4.11
)
                         
Diluted Earnings Per Share:
                       
Net earnings (loss) attributable to Modine
 
$
153.1
   
$
85.2
 
$
(210.7
)
                         
Weighted-average shares outstanding – basic
   
52.3
     
52.0
     
51.3
 
Effect of dilutive securities
   
0.5
     
0.5
     
-
 
Weighted-average shares outstanding – diluted
   
52.8
     
52.5
     
51.3
 
                         
Net earnings (loss) per share – diluted
 
$
2.90
   
$
1.62
 
$
(4.11
)