XML 63 R16.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Earnings Per Share | 6 Months Ended
--- | ---
Sep. 30, 2013
Earnings Per Share [Abstract] |
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, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Earnings (loss) from continuing operations |  | $ | 5.0 |  |  | $ | (11.9 | ) |  | $ | 15.6 |  |  | $ | (12.9 | )
Less: Net earnings attributable to noncontrolling interest |  |  | (0.4 | ) |  |  | (0.3 | ) |  |  | (1.0 | ) |  |  | (0.6 | )
Earnings (loss) from continuing operations attributable to Modine |  |  | 4.6 |  |  |  | (12.2 | ) |  |  | 14.6 |  |  |  | (13.5 | )
Less: Undistributed earnings attributable to unvested shares |  |  | - |  |  |  | - |  |  |  | (0.1 | ) |  |  | - |
Earnings (loss) from continuing operations available to Modine shareholders |  |  | 4.6 |  |  |  | (12.2 | ) |  |  | 14.5 |  |  |  | (13.5 | )
Earnings from discontinued operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 0.1 |
Net earnings (loss) available to Modine shareholders |  | $ | 4.6 |  |  | $ | (12.2 | ) |  | $ | 14.5 |  |  | $ | (13.4 | )
Weighted average shares outstanding - basic |  |  | 46.8 |  |  |  | 46.6 |  |  |  | 46.8 |  |  |  | 46.6 |
Effect of dilutive securities |  |  | 0.8 |  |  |  | - |  |  |  | 0.6 |  |  |  | - |
Weighted average shares outstanding - diluted |  |  | 47.6 |  |  |  | 46.6 |  |  |  | 47.4 |  |  |  | 46.6 |
Basic Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) per share - continuing operations |  | $ | 0.10 |  |  | $ | (0.26 | ) |  | $ | 0.31 |  |  | $ | (0.29 | )
Earnings per share - discontinued operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Net earnings (loss) per share - basic |  | $ | 0.10 |  |  | $ | (0.26 | ) |  | $ | 0.31 |  |  | $ | (0.29 | )
Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) per share - continuing operations |  | $ | 0.10 |  |  | $ | (0.26 | ) |  | $ | 0.31 |  |  | $ | (0.29 | )
Earnings per share - discontinued operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Net earnings (loss) per share - diluted |  | $ | 0.10 |  |  | $ | (0.26 | ) |  | $ | 0.31 |  |  | $ | (0.29 | )
For the three and six months ended September 30, 2012, the total number of potential dilutive securities was 0.2 million and 0.3 million, respectively. However, these securities were not included in the computation of diluted net loss per share since to do so would decrease the loss per share. For the three and six months ended September 30, 2013, the calculation of diluted earnings per share excluded 0.7 million stock options because they were anti-dilutive. For the three and six months ended September 30, 2012, the calculation of diluted earnings per share excluded 1.3 million stock options because they were anti-dilutive.

X
- Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration