v3.24.1.1.u2
Earnings Per Share (Tables)
 12 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The components of basic and diluted earnings per share were as follows:

 
Years ended March 31,
  
   
2024
    
2023
    
2022
  
Basic Earnings Per Share:
                  
Net earnings attributable to Modine
  
$
161.5
    
$
153.1
 
$
85.2
                         
Weighted-average shares outstanding – basic
    
52.4
      
52.3
      
52.0
  
                         
Net earnings per share – basic
  
$
3.08
    
$
2.93
 
$
1.64
                         
Diluted Earnings Per Share:
                        
Net earnings attributable to Modine
  
$
161.5
    
$
153.1
 
$
85.2
                         
Weighted-average shares outstanding – basic
    
52.4
      
52.3
      
52.0
  
Effect of dilutive securities
    
1.0
      
0.5
      
0.5
  
Weighted-average shares outstanding – diluted
    
53.4
      
52.8
      
52.5
  
                         
Net earnings per share – diluted
  
$
3.03
    
$
2.90
 
$
1.62