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Quarterly Financial Data (Unaudited) (Details) $ / shares in Units, $ in Millions | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2017 USD ($) $ / shares | Dec. 31, 2016 USD ($) $ / shares | Sep. 30, 2016 USD ($) $ / shares | Jun. 30, 2016 USD ($) $ / shares | Mar. 31, 2016 USD ($) $ / shares | Dec. 31, 2015 USD ($) $ / shares | Sep. 30, 2015 USD ($) $ / shares | Jun. 30, 2015 USD ($) $ / shares | Mar. 31, 2017 USD ($) Facility $ / shares | Mar. 31, 2016 USD ($) $ / shares | Mar. 31, 2015 USD ($) $ / shares
Selected quarterly financial information [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales | $ 488.3 |  | $ 349.8 |  | $ 317.7 |  | $ 347.2 |  | $ 343.7 |  | $ 328.7 |  | $ 334.0 |  | $ 346.1 |  | $ 1,503.0 |  | $ 1,352.5 |  | $ 1,496.4 |
Gross profit | 84.9 |  | 58.7 |  | 47.7 |  | 62.0 |  | 62.2 |  | 58.6 |  | 45.7 |  | 57.0 |  | 253.3 |  | 223.5 |  | 246.5 |
Earnings (loss) from continuing operations | 8.1 | [1] | 1.9 | [1] | (4.0) | [1] | 8.9 | [1] | 7.8 | [2] | 8.2 | [2] | (22.5) | [2] | 5.5 | [2] | 14.9 | [1] | (1.0) | [2] | 22.2 |
Net earnings (loss) attributable to Modine | $ 8.0 | [1] | $ 1.7 | [1] | $ (4.1) | [1] | $ 8.6 | [1] | $ 7.6 | [2] | $ 8.2 | [2] | $ (22.5) | [2] | $ 5.1 | [2] | $ 14.2 | [1] | $ (1.6) | [2] | $ 21.8 |
Net earnings (loss) per share attributable to Modine shareholders: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic (in dollars per share) | $ / shares | $ 0.16 |  | $ 0.04 |  | $ (0.09) |  | $ 0.18 |  | $ 0.16 |  | $ 0.17 |  | $ (0.47) |  | $ 0.11 |  | $ 0.29 |  | $ (0.03) |  | $ 0.46 |
Diluted (in dollars per share) | $ / shares | $ 0.16 |  | $ 0.04 |  | $ (0.09) |  | $ 0.18 |  | $ 0.16 |  | $ 0.17 |  | $ (0.47) |  | $ 0.11 |  | $ 0.29 |  | $ (0.03) |  | $ 0.45 |
Restructuring expenses | $ 4.9 |  | $ 1.6 |  | $ 2.1 |  | $ 2.3 |  | $ 11.4 |  | $ 1.6 |  | $ 1.0 |  | $ 2.6 |  | $ 10.9 |  | $ 16.6 |  | $ 4.7 |
Gain on sale of assets | 0.8 |  |  |  | 1.2 |  |  |  |  |  | 3.2 |  |  |  |  |  | 2.0 |  | 0.0 |  | 3.2 |
Acquisition- and integration-related costs | 3.2 |  | $ 7.2 |  | $ 3.0 |  | $ 1.4 |  |  |  |  |  |  |  |  |  | 14.8 |  |  |  |  |
Impairment charges |  |  |  |  |  |  |  |  | 9.9 |  |  |  |  |  |  |  | 0.0 |  | 9.9 |  | 7.8 |
Non tax gain (loss) related to pension settlement |  |  |  |  |  |  |  |  | 1.8 |  | $ 1.1 |  | $ 39.2 |  |  |  |  |  | (42.1) |  |  |
Gain (loss) on insurance settlement |  |  |  |  |  |  |  |  | 9.5 |  |  |  |  |  |  |  | $ 0.0 | [3] | 9.5 | [3] | $ 0.0 | [3]
Deferred tax asset, valuation allowance | $ 2.0 |  |  |  |  |  |  |  | $ 3.0 |  |  |  |  |  |  |  |  |  | $ 3.0 |  |  |
Number of closed manufacturing facilities sold | Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2 |  |  |  |  |
[1] | During fiscal 2017, restructuring expenses totaled $2.3 million, $2.1 million, $1.6 million, and $4.9 million for the quarters ended June 30, 2016, September 30, 2016, December 31, 2016, and March 31, 2017, respectively (see Note 5). During fiscal 2017, the Company sold two previously-closed manufacturing facilities in its Americas segment and a facility in its Europe segment and recognized net gains totaling $1.2 million and $0.8 million in the quarters ended September 30, 2016 and March 31, 2017, respectively. During fiscal 2017, acquisition- and integration-related costs totaled $1.4 million, $3.0 million, $7.2 million, and $3.2 million for the quarters ended June 30, 2016, September 30, 2016, December 31, 2016, and March 31, 2017, respectively (see Note 2). During the fourth quarter of fiscal 2017, the Company recorded a deferred tax valuation allowance related to a foreign tax jurisdiction, and, as a result, recorded income tax expense of $2.0 million (see Note 7).
[2] | During fiscal 2016, restructuring expenses totaled $2.6 million, $1.0 million, $1.6 million, and $11.4 million for the quarters ended June 30, 2015, September 30, 2015, December 31, 2015, and March 31, 2016, respectively (see Note 5). During the fourth quarter of fiscal 2016, the Company recorded a $9.9 million asset impairment charge related to a manufacturing facility in Germany (see Note 5). During fiscal 2016, non-cash pension settlement losses totaled $39.2 million, $1.1 million, and $1.8 million for the quarters ended September 30, 2015, December 31, 2015, and March 31, 2016, respectively (see Note 16). During the fourth quarter of fiscal 2016, the Company recorded a $9.5 million gain related to an insurance settlement for equipment losses resulting from the Airedale fire. Also during the fourth quarter of fiscal 2016, the Company reversed a deferred tax asset valuation allowance, and, as a result, recorded an income tax benefit related to a foreign tax jurisdiction of $3.0 million (see Note 7).
[3] | During fiscal 2016, the Company settled an insurance claim related to machinery and equipment destroyed in a fire at its Airedale facility and recorded a gain of $9.5 million. See Note 1 for additional information.

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