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Earnings Per Share
3 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Note 9: Earnings Per Share

The components of basic and diluted earnings per share were as follows:

  
Three months ended June 30,
 
  
2016
  
2015
 
Net earnings attributable to Modine
 
$
8.6
  
$
5.1
 
Less: Undistributed earnings attributable to unvested shares
  
(0.1
)
  
(0.1
)
Net earnings available to Modine shareholders
 
$
8.5
  
$
5.0
 
         
Weighted-average shares outstanding - basic
  
46.9
   
47.3
 
Effect of dilutive securities
  
0.3
   
0.5
 
Weighted-average shares outstanding - diluted
  
47.2
   
47.8
 
         
Earnings per share:
        
Net earnings per share - basic
 
$
0.18
  
$
0.11
 
Net earnings per share - diluted
 
$
0.18
  
$
0.11
 

For the three months ended June 30, 2016 and 2015, the calculation of diluted earnings per share excluded 1.1 million and 0.9 million stock options, respectively, because they were anti-dilutive.