Acquisitions and Dispositions (Tables)

6 Months Ended

Sep. 30, 2024

Acquisitions and Dispositions

Allocation of Purchase Price for Acquisition of Scott Springfield Manufacturing

The Company’s purchase price allocation for its acquisition of Scott Springfield Manufacturing is as follows:

Cash and cash equivalents	$	0.3
Trade accounts receivable		27.5
Inventories		20.9
Property, plant and equipment		6.0
Intangible assets		92.7
Goodwill		72.6
Other assets		4.0
Accounts payable		(8.6)
Accrued compensation and employee benefits		(1.3)
Deferred income taxes		(22.2)
Other liabilities		(7.8)
Purchase price	$	184.1

Unaudited Supplemental Pro Forma Information

The following unaudited supplemental pro forma information presents the Company’s consolidated results of operations as though the acquisition of Scott Springfield Manufacturing had occurred at the beginning of fiscal 2023. This pro forma financial information is presented for illustrative purposes only and is not considered to be indicative of the operating results that would have been achieved had the acquisition been completed as of the date indicated or the operating results that may be obtained in the future.

	Three months ended		Six months ended
	September 30, 2023		September 30, 2023
Net sales	$	647.5	$	1,299.2
Net earnings attributable to Modine		46.6		91.1