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Earnings Per Share
3 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share
Note 9: Earnings Per Share

The components of basic and diluted earnings per share were as follows:

 
 
Three months ended
June 30,
 
 
 
2020
   
2019
 
Net (loss) earnings attributable to Modine
 
$
(8.6
)
 
$
8.0
 
 
               
Weighted-average shares outstanding - basic
   
50.9
     
50.7
 
Effect of dilutive securities
   
-
     
0.4
 
Weighted-average shares outstanding - diluted
   
50.9
     
51.1
 
 
               
(Loss) earnings per share:
               
Net (loss) earnings per share - basic
 
$
(0.17
)
 
$
0.16
 
Net (loss) earnings per share - diluted
 
$
(0.17
)
 
$
0.16
 

For the three months ended June 30, 2020 and 2019, the calculation of diluted earnings per share excluded 1.4 million and 0.8 million stock options, respectively, because they were anti-dilutive. For the three months ended June 30, 2020 and 2019, the calculation of diluted earnings per share excluded 0.4 million and 0.2 million restricted stock awards, respectively, because they were anti-dilutive.