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Earnings Per Share
 3 Months Ended
Jun. 30, 2017
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,
  
2017
  
2016
Net earnings attributable to Modine
 
$
17.0
  
$
8.6
 
Less: Undistributed earnings attributable to unvested shares
  
(0.2
)
  
(0.1
)
Net earnings available to Modine shareholders
 
$
16.8
  
$
8.5
 
         
Weighted-average shares outstanding - basic
  
49.5
   
46.9
 
Effect of dilutive securities
  
0.6
   
0.3
 
Weighted-average shares outstanding - diluted
  
50.1
   
47.2
 
         
Earnings per share:
        
Net earnings per share - basic
 
$
0.34
  
$
0.18
 
Net earnings per share - diluted
 
$
0.34
  
$
0.18
 

For the three months ended June 30, 2017 and 2016, the calculation of diluted earnings per share excluded 0.5 million and 1.1 million stock options, respectively, because they were anti-dilutive.