Earnings Per Share (Tables)

9 Months Ended

Dec. 31, 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 December 31,				Nine months ended December 31,
	2023		2022		2023		2022
Net earnings attributable to Modine	$	44.4	$	24.5	$	135.7	$	63.2
Weighted-average shares outstanding – basic		52.3		52.3		52.4		52.2
Effect of dilutive securities		0.9		0.6		0.8		0.5
Weighted-average shares outstanding – diluted		53.2		52.9		53.2		52.7
Earnings per share:
Net earnings per share – basic	$	0.85	$	0.47	$	2.59	$	1.21
Net earnings per share – diluted	$	0.83	$	0.46	$	2.55	$	1.20