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Earnings Per Share

12 Months Ended

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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The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
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-Name Accounting Standards Codification
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-Publisher FASB
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-Topic 260
-Name Accounting Standards Codification
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-SubTopic 10
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