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Earnings Per Share (Tables)
 3 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Components of basic and diluted earnings per share
The computational components of basic and diluted earnings per share are summarized as follows:

 
Three months ended June 30
 
 
2012
 
 
2011
 
Basic:
 
 
 
 
 
 
(Loss) earnings from continuing operations
 
$
(1,055
)
 
$
12,566
 
Less: Net earnings (loss) attributable to noncontrolling interest
 
 
301
 
 
 
(9
)
(Loss) earnings from continuing operations attributable to Modine
 
 
(1,356
)
 
 
12,575
 
Less: Undistributed earnings attributable to unvested shares
 
 
-
 
 
 
(48
)
Net (loss) earnings from continuing operations available to Modine common shareholders
 
 
(1,356
)
 
 
12,527
 
Net earnings from discontinued operations
 
 
177
 
 
 
-
 
Less: Undistributed earnings attributable to unvested shares
 
 
(1
)
 
 
-
 
Net earnings from discontinued operations available to Modine common shareholders
 
 
176
 
 
 
-
 
Net (loss) earnings available to Modine common shareholders
 
$
(1,180
)
 
$
12,527
 
 
 
 
 
 
 
 
 
Basic Earnings Per Share:
 
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
 
 
46,546
 
 
 
46,361
 
 
 
 
 
 
 
 
 
(Loss) earnings from continuing operations per common share
 
$
(0.03
)
 
$
0.27
 
Net earnings from discontinued operations per common share
 
 
-
 
 
 
-
 
Net (loss) earnings per common share - basic
 
$
(0.03
)
 
$
0.27
 

 
Three months ended June 30
 
 
2012
 
 
2011
 
Diluted:
 
 
 
 
 
 
(Loss) earnings from continuing operations
 
$
(1,055
)
 
$
12,566
 
Less: Net earnings (loss) attributable to noncontrolling interest
 
 
301
 
 
 
(9
)
(Loss) earnings from continuing operations attributable to Modine
 
 
(1,356
)
 
 
12,575
 
Less: Undistributed earnings attributable to unvested shares
 
 
-
 
 
 
(31
)
Net (loss) earnings from continuing operations available to Modine common shareholders
 
 
(1,356
)
 
 
12,544
 
Net earnings from discontinued operations
 
 
177
 
 
 
-
 
Less: Undistributed earnings attributable to unvested shares
 
 
(1
)
 
 
-
 
Net earnings from discontinued operations available to Modine common shareholders
 
 
176
 
 
 
-
 
Net (loss) earnings available to Modine common shareholders
 
$
(1,180
)
 
$
12,544
 
 
 
 
 
 
 
 
 
Diluted Earnings Per Share:
 
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
 
 
46,546
 
 
 
46,361
 
Effect of dilutive securities
 
 
-
 
 
 
619
 
Weighted average shares outstanding - diluted
 
 
46,546
 
 
 
46,980
 
 
 
 
 
 
 
 
 
(Loss) earnings from continuing operations per common share
 
$
(0.03
)
 
$
0.27
 
Net earnings from discontinued operations per common share
 
 
-
 
 
 
-
 
Net (loss) earnings per common share - diluted
 
$
(0.03
)
 
$
0.27