Earnings Per Share

6 Months Ended

Sep. 30, 2024

Earnings Per Share

Earnings Per Share

Note 10: Earnings Per Share

The components of basic and diluted earnings per share were as follows:

	Three months ended September 30,				Six months ended September 30,
	2024		2023		2024		2023
Net earnings attributable to Modine	$	46.1	$	46.5	$	93.4	$	91.3
Weighted-average shares outstanding – basic		52.6		52.4		52.5		52.4
Effect of dilutive securities		1.3		1.0		1.4		0.8
Weighted-average shares outstanding – diluted		53.9		53.4		53.9		53.2
Earnings per share:
Net earnings per share – basic	$	0.88	$	0.89	$	1.78	$	1.74
Net earnings per share – diluted	$	0.86	$	0.87	$	1.73	$	1.72

There were no anti-dilutive securities outstanding for the three and six months ended September 30, 2024 and the three months ended September 30, 2023. For the six months ended September 30, 2023, the Company excluded 0.1 million of restricted stock awards for the calculation of diluted earnings per share because they were anti-dilutive.