Earnings Per Share (Tables)

9 Months Ended

Dec. 31, 2022

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 December 31,								Nine months ended December 31,
		2022				2021				2022				2021
Net earnings attributable to Modine		$	24.5			$	74.1			$	63.2			$	76.8

Weighted-average shares outstanding – basic			52.3				52.0				52.2				51.9
Effect of dilutive securities			0.6				0.4				0.5				0.6
Weighted-average shares outstanding – diluted			52.9				52.4				52.7				52.5

Earnings per share:
Net earnings per share – basic		$	0.47			$	1.42			$	1.21			$	1.48
Net earnings per share – diluted		$	0.46			$	1.41			$	1.20			$	1.46