Acquisition (Tables)

12 Months Ended

Mar. 31, 2019

Acquisition [Abstract]

Allocation of Purchase Price

The Company’s allocation of the purchase price for its acquisition of Luvata HTS was as follows:

Cash and cash equivalents	$	27.4
Trade accounts receivable		86.1
Inventories		55.0
Property, plant and equipment		120.4
Intangible assets		130.2
Goodwill		151.9
Other assets		39.1
Accounts payable		(73.7	)
Accrued compensation and employee benefits		(24.3	)
Deferred income taxes		(39.5	)
Pensions		(14.3	)
Other liabilities		(42.7	)
Purchase price	$	415.6

Supplemental Pro Forma Information

This pro forma financial information is presented for illustrative purposes only and is not considered to be indicative of the operating results that would have been achieved had the acquisition been completed as of the date indicated.

	Year ended March 31, 2017
Net sales	$	1,881.6
Net earnings attributable to Modine		35.8
Net earnings per share attributable to Modine shareholders:
Basic	$	0.72
Diluted		0.71