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Earnings Per Share
3 Months Ended
Jun. 30, 2019
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,
 
 
 
2019
   
2018
 
Net earnings attributable to Modine
 
$
8.0
   
$
22.0
 
Less: Undistributed earnings attributable to unvested shares
   
-
     
(0.1
)
Net earnings available to Modine shareholders
 
$
8.0
   
$
21.9
 
 
               
Weighted-average shares outstanding - basic
   
50.7
     
50.3
 
Effect of dilutive securities
   
0.4
     
0.9
 
Weighted-average shares outstanding - diluted
   
51.1
     
51.2
 
 
               
Earnings per share:
               
Net earnings per share - basic
 
$
0.16
   
$
0.43
 
Net earnings per share - diluted
 
$
0.16
   
$
0.43
 

For the three months ended June 30, 2019 and 2018, the calculation of diluted earnings per share excluded 0.8 million and 0.4 million stock options, respectively, because they were anti-dilutive.