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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The components of basic and diluted earnings per share were as follows:

 
Three months ended June 30,
 
   
2023
   
2022
 
Net earnings attributable to Modine
 
$
44.8
   
$
14.3
                 
Weighted-average shares outstanding – basic
   
52.3
     
52.2
 
Effect of dilutive securities
   
0.7
     
0.2
 
Weighted-average shares outstanding – diluted
   
53.0
     
52.4
 
                 
Earnings per share:
               
Net earnings per share – basic
 
$
0.86
   
$
0.27
Net earnings per share – diluted
 
$
0.85
   
$
0.27