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Earnings Per Share (Tables) | 12 Months Ended
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Mar. 31, 2015
Earnings Per Share [Abstract] |
Components of basic and diluted earnings per share | The components of basic and diluted earnings per share are as follows:
|  | Years ended March 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Basic: |  |  |  |  |  |  |  |  |
Earnings (loss) from continuing operations |  | $ | 22.2 |  |  | $ | 131.9 |  |  | $ | (22.8 | )
Less: Net earnings attributable to noncontrolling interest |  |  | (1.0 | ) |  |  | (1.5 | ) |  |  | (1.4 | )
Less: Undistributed earnings attributable to unvested shares |  |  | (0.2 | ) |  |  | (1.7 | ) |  |  | - |
Earnings (loss) from continuing operations available to Modine shareholders |  |  | 21.0 |  |  |  | 128.7 |  |  |  | (24.2 | )
Earnings from discontinued operations, net of income taxes |  |  | 0.6 |  |  |  | - |  |  |  | - |
Net earnings (loss) available to Modine shareholders |  | $ | 21.6 |  |  | $ | 128.7 |  |  | $ | (24.2 | )
Weighted average shares outstanding - basic |  |  | 47.2 |  |  |  | 46.9 |  |  |  | 46.6 |
Basic Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) per share - continuing operations |  | $ | 0.45 |  |  | $ | 2.75 |  |  | $ | (0.52 | )
Earnings per share - discontinued operations |  |  | 0.01 |  |  |  | - |  |  |  | - |
Net earnings (loss) per share - basic |  | $ | 0.46 |  |  | $ | 2.75 |  |  | $ | (0.52 | )
Diluted: |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) from continuing operations |  | $ | 22.2 |  |  | $ | 131.9 |  |  | $ | (22.8 | )
Less: Net earnings attributable to noncontrolling interest |  |  | (1.0 | ) |  |  | (1.5 | ) |  |  | (1.4 | )
Less: Undistributed earnings attributable to unvested shares |  |  | (0.2 | ) |  |  | (0.9 | ) |  |  | - |
Earnings (loss) from continuing operations available to Modine shareholders |  |  | 21.0 |  |  |  | 129.5 |  |  |  | (24.2 | )
Earnings from discontinued operations, net of income taxes |  |  | 0.6 |  |  |  | - |  |  |  | - |
Net earnings (loss) available to Modine shareholders |  | $ | 21.6 |  |  | $ | 129.5 |  |  | $ | (24.2 | )
Weighted average shares outstanding - basic |  |  | 47.2 |  |  |  | 46.9 |  |  |  | 46.6 |
Effect of dilutive securities |  |  | 0.6 |  |  |  | 0.7 |  |  |  | - |
Weighted average shares outstanding - diluted |  |  | 47.8 |  |  |  | 47.6 |  |  |  | 46.6 |
Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) per share - continuing operations |  | $ | 0.44 |  |  | $ | 2.72 |  |  | $ | (0.52 | )
Earnings per share - discontinued operations |  |  | 0.01 |  |  |  | - |  |  |  | - |
Net earnings (loss) per share - diluted |  | $ | 0.45 |  |  | $ | 2.72 |  |  | $ | (0.52 | )

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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