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Earnings Per Share | 12 Months Ended
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Mar. 31, 2025
Earnings Per Share |
Earnings Per Share | Note 9: Earnings Per Share The components of basic and diluted earnings per share were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended March 31,
​ |  | 2025 |  | 2024 |  | 2023
Net earnings attributable to Modine | ​ | $ | 184.0 | ​ | $ | 161.5 | ​ | $ | 153.1
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average shares outstanding – basic | ​ |  | 52.6 | ​ |  | 52.4 | ​ |  | 52.3
Effect of dilutive securities | ​ |  | 1.3 | ​ |  | 1.0 | ​ |  | 0.5
Weighted-average shares outstanding – diluted | ​ |  | 53.9 | ​ |  | 53.4 | ​ |  | 52.8
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Earnings per share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net earnings per share – basic | ​ | $ | 3.50 | ​ | $ | 3.08 | ​ | $ | 2.93
Net earnings per share – diluted | ​ | $ | 3.42 | ​ | $ | 3.03 | ​ | $ | 2.90
​ For fiscal 2025 and 2024 there were no securities that were anti-dilutive. For fiscal 2023, the calculation of diluted earnings per share excluded 0.5 million and 0.2 million of stock options and restricted stock awards, respectively, because they were anti-dilutive.

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