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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]        
Net sales $ 502.2 $ 484.3 $ 1,475.7 $ 1,293.5
Cost of sales 427.6 401.6 1,261.6 1,083.9
Gross profit 74.6 82.7 214.1 209.6
Selling, general and administrative expenses 50.3 56.1 161.6 151.6
Restructuring expenses 2.1 0.9 3.0 7.0
Impairment charges (reversals) - net (57.2) 134.4 (55.7) 134.4
Loss on sale of assets 0.0 0.0 6.6 0.0
Operating income (loss) 79.4 (108.7) 98.6 (83.4)
Interest expense (3.8) (4.6) (11.8) (15.2)
Other expense - net (1.1) (0.5) (1.6) (1.0)
Earnings (loss) before income taxes 74.5 (113.8) 85.2 (99.6)
Provision for income taxes (0.1) (81.6) (7.4) (95.3)
Net earnings (loss) 74.4 (195.4) 77.8 (194.9)
Net earnings attributable to noncontrolling interest (0.3) (0.3) (1.0) (0.8)
Net earnings (loss) attributable to Modine $ 74.1 $ (195.7) $ 76.8 $ (195.7)
Net earnings (loss) per share attributable to Modine shareholders:        
Basic (in dollars per share) $ 1.42 $ (3.81) $ 1.48 $ (3.82)
Diluted (in dollars per share) $ 1.41 $ (3.81) $ 1.46 $ (3.82)
Weighted-average shares outstanding:        
Basic (in shares) 52.0 51.3 51.9 51.2
Diluted (in shares) 52.4 51.3 52.5 51.2