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Earnings Per Share | 12 Months Ended
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Mar. 31, 2019
Earnings Per Share [Abstract] |
Earnings Per Share |
Note 9: | Earnings Per Share
The components of basic and diluted earnings per share were as follows:
|  | Years ended March 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Basic Earnings Per Share: |  |  |  |  |  |  |  |  |
Net earnings attributable to Modine |  | $ | 84.8 |  |  | $ | 22.2 |  |  | $ | 14.2 |
Less: Undistributed earnings attributable to unvested shares |  |  | (0.4 | ) |  |  | (0.2 | ) |  |  | (0.2 | )
Net earnings available to Modine shareholders |  | $ | 84.4 |  |  | $ | 22.0 |  |  | $ | 14.0 |
Weighted-average shares outstanding - basic |  |  | 50.5 |  |  |  | 49.9 |  |  |  | 47.8 |
Net earnings per share - basic |  | $ | 1.67 |  |  | $ | 0.44 |  |  | $ | 0.29 |
Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings attributable to Modine |  | $ | 84.8 |  |  | $ | 22.2 |  |  | $ | 14.2 |
Less: Undistributed earnings attributable to unvested shares |  |  | (0.2 | ) |  |  | (0.1 | ) |  |  | (0.1 | )
Net earnings available to Modine shareholders |  | $ | 84.6 |  |  | $ | 22.1 |  |  | $ | 14.1 |
Weighted-average shares outstanding - basic |  |  | 50.5 |  |  |  | 49.9 |  |  |  | 47.8 |
Effect of dilutive securities |  |  | 0.8 |  |  |  | 1.0 |  |  |  | 0.5 |
Weighted-average shares outstanding - diluted |  |  | 51.3 |  |  |  | 50.9 |  |  |  | 48.3 |
Net earnings per share - diluted |  | $ | 1.65 |  |  | $ | 0.43 |  |  | $ | 0.29 |
For fiscal 2019, 2018 and 2017, the calculation of diluted earnings per share excluded 0.4 million, 0.2 million, and 0.8 million stock options, respectively, because they were anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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