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Earnings Per Share (Tables)
9 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Components of 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,
 
  
2017
  
2016
  
2017
  
2016
 
Net (loss) earnings attributable to Modine
 
$
(28.3
)
 
$
1.7
  
$
4.6
  
$
6.2
 
Less: Undistributed earnings attributable to unvested shares
  
-
   
-
   
-
   
(0.1
)
Net (loss) earnings available to Modine shareholders
 
$
(28.3
)
 
$
1.7
  
$
4.6
  
$
6.1
 
                 
Weighted-average shares outstanding - basic
  
50.0
   
47.9
   
49.8
   
47.3
 
Effect of dilutive securities
  
-
   
0.6
   
0.8
   
0.4
 
Weighted-average shares outstanding - diluted
  
50.0
   
48.5
   
50.6
   
47.7
 
                 
Earnings per share:
                
Net (loss) earnings per share - basic
 
$
(0.57
)
 
$
0.04
  
$
0.09
  
$
0.13
 
Net (loss) earnings per share - diluted
 
$
(0.57
)
 
$
0.04
  
$
0.09
  
$
0.13
 

For both the three and nine months ended December 31, 2017, the calculation of diluted earnings per share excluded 0.2 million stock options because they were anti-dilutive.  For the three and nine months ended December 31, 2016, the calculation of diluted earnings per share excluded 0.9 million and 1.0 million stock options, respectively, because they were anti-dilutive.  For the three months ended December 31, 2017, the total number of potentially dilutive securities was 1.1 million.  However, these securities were not included in the computation of diluted net loss per share since to do so would have decreased the loss per share.