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Earnings Per Share (Tables)
12 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Components of basic and diluted earnings per share
The components of basic and diluted earnings per share were as follows:

 
 
Years ended March 31,
 
 
 
2018
  
2017
  
2016
 
Basic Earnings Per Share:
         
Net earnings (loss) attributable to Modine
 
$
22.2
  
$
14.2
  
$
(1.6
)
Less: Undistributed earnings attributable to unvested shares
  
(0.2
)
  
(0.2
)
  
-
 
Net earnings (loss) available to Modine shareholders
 
$
22.0
  
$
14.0
  
$
(1.6
)
 
            
Weighted-average shares outstanding - basic
  
49.9
   
47.8
   
47.3
 
 
            
Net earnings (loss) per share - basic
 
$
0.44
  
$
0.29
  
$
(0.03
)
 
            
Diluted Earnings Per Share:
            
Net earnings (loss) attributable to Modine
 
$
22.2
  
$
14.2
  
$
(1.6
)
Less: Undistributed earnings attributable to unvested shares
  
(0.1
)
  
(0.1
)
  
-
 
Net earnings (loss) available to Modine shareholders
 
$
22.1
  
$
14.1
  
$
(1.6
)
 
            
Weighted-average shares outstanding - basic
  
49.9
   
47.8
   
47.3
 
Effect of dilutive securities
  
1.0
   
0.5
   
-
 
Weighted-average shares outstanding - diluted
  
50.9
   
48.3
   
47.3
 
 
            
Net earnings (loss) per share - diluted
 
$
0.43
  
$
0.29
  
$
(0.03
)