XML 27 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share (Tables)
 9 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Components of basic and diluted earnings per share
The components of basic and diluted earnings per share were as follows:

  
Three months ended
December 31,
  
Nine months ended
December 31,
 
  
2014
  
2013
  
2014
  
2013
 
Earnings (loss) from continuing operations
 
$
9.1
  
$
(3.4
)
 
$
25.2
  
$
12.2
 
Less: Net earnings attributable to noncontrolling interest
  
(0.1
)
  
(0.2
)
  
(0.8
)
  
(1.2
)
Less: Undistributed earnings attributable to unvested shares
  
(0.1
)
  
-
   
(0.3
)
  
(0.1
)
Earnings (loss) from continuing operations available to Modine shareholders
  
8.9
   
(3.6
)
  
24.1
   
10.9
 
Earnings from discontinued operations, net of income taxes
  
0.6
   
-
   
0.6
   
-
 
Net earnings (loss) available to Modine shareholders
 
$
9.5
  
$
(3.6
)
 
$
24.7
  
$
10.9
 
                 
Weighted average shares outstanding - basic
  
47.2
   
46.9
   
47.2
   
46.8
 
Effect of dilutive securities
  
0.5
   
-
   
0.5
   
0.7
 
Weighted average shares outstanding - diluted
  
47.7
   
46.9
   
47.7
   
47.5
 
                 
Basic Earnings Per Share:
                
Earnings (loss) per share - continuing operations
 
$
0.19
  
$
(0.08
)
 
$
0.51
  
$
0.23
 
Earnings per share - discontinued operations
  
0.01
   
-
   
0.01
   
-
 
Net earnings (loss) per share - basic
 
$
0.20
  
$
(0.08
)
 
$
0.52
  
$
0.23
 
                 
Diluted Earnings Per Share:
                
Earnings (loss) per share - continuing operations
 
$
0.19
  
$
(0.08
)
 
$
0.51
  
$
0.23
 
Earnings per share - discontinued operations
  
0.01
   
-
   
0.01
   
-
 
Net earnings (loss) per share - diluted
 
$
0.20
  
$
(0.08
)
 
$
0.52
  
$
0.23