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Earnings Per Share
 6 Months Ended
Sep. 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
September 30,
    
Six months ended
September 30,
  
 
  
2019
    
2018
    
2019
    
2018
  
Net (loss) earnings attributable to Modine
  
$
(4.7
)
  
$
38.5
    
$
3.3
    
$
60.5
  
Less: Undistributed earnings attributable to unvested shares
    
-
      
(0.1
)
    
-
      
(0.2
)
Net (loss) earnings available to Modine shareholders
  
$
(4.7
)
  
$
38.4
    
$
3.3
    
$
60.3
  
 
                                
Weighted-average shares outstanding - basic
    
50.8
      
50.5
      
50.8
      
50.4
  
Effect of dilutive securities
    
-
      
0.9
      
0.3
      
0.9
  
Weighted-average shares outstanding - diluted
    
50.8
      
51.4
      
51.1
      
51.3
  
 
                                
(Loss) earnings per share:
                                
Net (loss) earnings per share - basic
  
$
(0.09
)
  
$
0.76
    
$
0.07
    
$
1.19
  
Net (loss) earnings per share - diluted
  
$
(0.09
)
  
$
0.75
    
$
0.06
    
$
1.18
  

For the three and six months ended September 30, 2019, the calculation of diluted earnings per share excluded 0.9 million and 0.8 million stock options, respectively, because they were anti-dilutive. For both the three and six months ended September 30, 2018, the calculation of diluted earnings per share excluded 0.4 million stock options because they were anti-dilutive. For the three months ended September 30, 2019, the total number of potentially-dilutive securities was 0.3 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.