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Earnings Per Share (Tables)
12 Months Ended
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
)