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Acquisitions and Dispositions (Tables) | 3 Months Ended
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Jun. 30, 2024
Acquisitions and Dispositions [Abstract] |
Allocation of Purchase Price for Acquisition of Scott Springfield Manufacturing | The preliminary purchase price allocation, as of June 30, 2024, was as follows:
Cash and cash equivalents |  | $ | 0.3 |
Trade accounts receivable |  |  | 27.5 |
Inventories |  |  | 20.9 |
Property, plant and equipment |  |  | 6.0 |
Intangible assets |  |  | 92.7 |
Goodwill |  |  | 72.6 |
Other assets |  |  | 4.0 |
Accounts payable |  |  | (8.6 | )
Accrued compensation and employee benefits |  |  | (1.3 | )
Deferred income taxes |  |  | (22.2 | )
Other liabilities |  |  | (7.8 | )
Purchase price |  | $ | 184.1 |
Unaudited Supplemental Pro Forma Information | The following unaudited supplemental pro forma information presents the Company’s consolidated results of operations as though the acquisition of Scott Springfield Manufacturing had occurred at the beginning of fiscal 2023. 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 or the operating results that may be obtained in the future.
|  | Three months ended June 30, 2023 |
Net sales |  | $ | 651.7 |
Net earnings attributable to Modine |  |  | 44.5 |

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