XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2017
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, |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Net (loss) earnings attributable to Modine |  | $ | (28.3 | ) |  | $ | 1.7 |  |  | $ | 4.6 |  |  | $ | 6.2 |
Less: Undistributed earnings attributable to unvested shares |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (0.1 | )
Net (loss) earnings available to Modine shareholders |  | $ | (28.3 | ) |  | $ | 1.7 |  |  | $ | 4.6 |  |  | $ | 6.1 |
Weighted-average shares outstanding - basic |  |  | 50.0 |  |  |  | 47.9 |  |  |  | 49.8 |  |  |  | 47.3 |
Effect of dilutive securities |  |  | - |  |  |  | 0.6 |  |  |  | 0.8 |  |  |  | 0.4 |
Weighted-average shares outstanding - diluted |  |  | 50.0 |  |  |  | 48.5 |  |  |  | 50.6 |  |  |  | 47.7 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) earnings per share - basic |  | $ | (0.57 | ) |  | $ | 0.04 |  |  | $ | 0.09 |  |  | $ | 0.13 |
Net (loss) earnings per share - diluted |  | $ | (0.57 | ) |  | $ | 0.04 |  |  | $ | 0.09 |  |  | $ | 0.13 |
For both the three and nine months ended December 31, 2017, the calculation of diluted earnings per share excluded 0.2 million stock options because they were anti-dilutive. For the three and nine months ended December 31, 2016, the calculation of diluted earnings per share excluded 0.9 million and 1.0 million stock options, respectively, because they were anti-dilutive. For the three months ended December 31, 2017, the total number of potentially dilutive securities was 1.1 million. However, these securities were not included in the computation of diluted net loss per share since to do so would have decreased the loss per share.

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

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration