XML 67 R55.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Information (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | Mar. 31, 2017
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | $ 508.3 | $ 317.7 | $ 1,023.8 | $ 664.9 |
Gross profit | $ 86.1 | $ 48.0 | $ 174.6 | $ 110.3 |
Gross profit (% of sales) | 17.00% | 15.10% | 17.10% | 16.60% |
Operating income (loss) | $ 23.5 | $ (1.1) | $ 51.1 | $ 14.7 |
Total assets | 1,538.0 |  | 1,538.0 |  | $ 1,449.5
Operating Segments [Member] |  |  |  |  |
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | 513.9 | 320.3 | 1,034.4 | 671.1 |
Gross profit | $ 85.9 | $ 47.8 | $ 174.4 | $ 112.7 |
Gross profit (% of sales) | 16.70% | 14.90% | 16.90% | 16.80% |
Operating income (loss) | $ 35.0 | $ 9.5 | $ 72.2 | $ 36.8 |
Operating Segments [Member] | Americas [Member] |  |  |  |  |
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | 141.9 | 126.0 | 290.2 | 266.0 |
Gross profit | $ 21.5 | $ 15.9 | $ 48.0 | $ 41.1 |
Gross profit (% of sales) | 15.20% | 12.60% | 16.60% | 15.50% |
Operating income (loss) | $ 7.8 | $ (1.1) | $ 19.9 | $ 8.5 |
Total assets | 289.9 |  | 289.9 |  | 282.9
Operating Segments [Member] | Europe [Member] |  |  |  |  |
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | 134.5 | 123.9 | 270.8 | 269.9 |
Gross profit | $ 19.6 | $ 16.4 | $ 38.9 | $ 41.7 |
Gross profit (% of sales) | 14.50% | 13.20% | 14.40% | 15.40% |
Operating income (loss) | $ 8.6 | $ 7.0 | $ 16.5 | $ 22.3 |
Total assets | 311.0 |  | 311.0 |  | 269.4
Operating Segments [Member] | Asia [Member] |  |  |  |  |
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | 39.5 | 24.7 | 74.9 | 49.6 |
Gross profit | $ 7.4 | $ 3.7 | $ 13.7 | $ 8.1 |
Gross profit (% of sales) | 18.90% | 14.90% | 18.30% | 16.20% |
Operating income (loss) | $ 4.2 | $ 0.8 | $ 7.5 | $ 2.3 |
Total assets | 125.1 |  | 125.1 |  | 111.3
Operating Segments [Member] | Commercial and Industrial Solutions [Member] |  |  |  |  |
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | 149.2 | 0.0 | 306.7 | 0.0 |
Gross profit | $ 22.5 | $ 0.0 | $ 47.8 | $ 0.0 |
Gross profit (% of sales) | 15.10% | 0.00% | 15.60% | 0.00% |
Operating income (loss) | $ 8.1 | $ 0.0 | $ 18.9 | $ 0.0 |
Total assets | 602.0 |  | 602.0 |  | 576.0
Operating Segments [Member] | Building HVAC [Member] |  |  |  |  |
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | 48.8 | 45.7 | 91.8 | 85.6 |
Gross profit | $ 14.9 | $ 11.8 | $ 26.0 | $ 21.8 |
Gross profit (% of sales) | 30.50% | 25.80% | 28.30% | 25.50% |
Operating income (loss) | $ 6.3 | $ 2.8 | $ 9.4 | $ 3.7 |
Total assets | 92.7 |  | 92.7 |  | 85.2
Corporate and Eliminations [Member] |  |  |  |  |
Segment Reporting Information [Abstract] |  |  |  |  |
Net sales | (5.6) | (2.6) | (10.6) | (6.2) |
Gross profit | $ 0.2 | $ 0.2 | $ 0.2 | $ (2.4) |
Gross profit (% of sales) | 0.00% | 0.00% | 0.00% | 0.00% |
Operating income (loss) | $ (11.5) | $ (10.6) | $ (21.1) | $ (22.1) |
Total assets | $ 117.3 |  | $ 117.3 |  | $ 124.7

X
- Definition Gross profit as a percentage of sales revenue generated by each segment of the entity. + References No definition available. + Details
Name: | mod_GrossProfitAsPercentageOfSales
Namespace Prefix: | mod_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(12)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(11)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_Assets
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1,2) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_GrossProfit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References No definition available. + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 + Details
Name: | us-gaap_SalesRevenueNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationRevenueAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_OperatingSegmentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_AmericasMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_EuropeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_AsiaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=mod_CommercialAndIndustrialSolutionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=mod_BuildingHvacMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ConsolidationItemsAxis=us-gaap_CorporateNonSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |