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Earnings Per Share (Tables)
3 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The components of basic and diluted earnings per share were as follows:

 
Three months ended June 30,
 
   
2024
   
2023
 
Net earnings attributable to Modine
 
$
47.3
   
$
44.8
                 
Weighted-average shares outstanding – basic
   
52.5
     
52.3
 
Effect of dilutive securities
   
1.4
     
0.7
 
Weighted-average shares outstanding – diluted
   
53.9
     
53.0
 
                 
Earnings per share:
               
Net earnings per share – basic
 
$
0.90
   
$
0.86
Net earnings per share – diluted
 
$
0.88
   
$
0.85