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Acquisition (Tables) | 12 Months Ended
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Mar. 31, 2019
Acquisition [Abstract] |
Allocation of Purchase Price | The Company’s allocation of the purchase price for its acquisition of Luvata HTS was as follows:
Cash and cash equivalents |  | $ | 27.4 |
Trade accounts receivable |  |  | 86.1 |
Inventories |  |  | 55.0 |
Property, plant and equipment |  |  | 120.4 |
Intangible assets |  |  | 130.2 |
Goodwill |  |  | 151.9 |
Other assets |  |  | 39.1 |
Accounts payable |  |  | (73.7 | )
Accrued compensation and employee benefits |  |  | (24.3 | )
Deferred income taxes |  |  | (39.5 | )
Pensions |  |  | (14.3 | )
Other liabilities |  |  | (42.7 | )
Purchase price |  | $ | 415.6 |
Supplemental Pro Forma Information | This pro forma financial information is presented for illustrative purposes only and is not considered to be indicative of the operating results that would have been achieved had the acquisition been completed as of the date indicated.
|  | Year ended March 31, 2017 |
Net sales |  | $ | 1,881.6 |
Net earnings attributable to Modine |  |  | 35.8 |
Net earnings per share attributable to Modine shareholders: |  |  |  |
Basic |  | $ | 0.72 |
Diluted |  |  | 0.71 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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