XML 30 R17.htm IDEA: XBRL DOCUMENT
v3.22.1

Earnings Per Share | 12 Months Ended
--- | ---
Mar. 31, 2022
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, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Basic Earnings Per Share: |  |  |  |  |  |  |  |  |
Net earnings (loss) attributable to Modine |  | $ | 85.2 |  |  | $ | (210.7 | ) |  | $ | (2.2 | )
Weighted-average shares outstanding – basic |  |  | 52.0 |  |  |  | 51.3 |  |  |  | 50.8 |
Net earnings (loss) per share – basic |  | $ | 1.64 |  |  | $ | (4.11 | ) |  | $ | (0.04 | )
Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) attributable to Modine |  | $ | 85.2 |  |  | $ | (210.7 | ) |  | $ | (2.2 | )
Weighted-average shares outstanding – basic |  |  | 52.0 |  |  |  | 51.3 |  |  |  | 50.8 |
Effect of dilutive securities |  |  | 0.5 |  |  |  | - |  |  |  | - |
Weighted-average shares outstanding – diluted |  |  | 52.5 |  |  |  | 51.3 |  |  |  | 50.8 |
Net earnings (loss) per share – diluted |  | $ | 1.62 |  |  | $ | (4.11 | ) |  | $ | (0.04 | )
For fiscal 2022, 2021 and 2020, the calculation of diluted earnings per share excluded 0.5 million, 1.0 million, and 1.1 million, stock options, respectively, because they were anti-dilutive. For fiscal 2022, 2021 and 2020, the calculation of diluted earnings per share excluded 0.2 million, 0.4 million, and 0.5 million restricted stock awards, respectively, because they were anti-dilutive. For fiscal 2021 and 2020, the total number of potentially-dilutive securities was 0.2 million and 0.3 million, respectively. 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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration