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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings Per Share

The following table sets forth the calculation of basic and diluted earnings per share:

 

 

 

Three Months Ended March 31,

 

Basic and diluted earnings per share

 

 

2020

 

 

 

2019

 

 

 

(In millions, except share and per share data)

 

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to Ryerson Holding Corporation

 

$

16.4

 

 

$

29.5

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

37,783,761

 

 

 

37,449,450

 

Dilutive effect of stock-based awards

 

 

441,568

 

 

 

391,013

 

Weighted average shares outstanding adjusted for dilutive securities

 

 

38,225,329

 

 

 

37,840,463

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

Basic

 

$

0.43

 

 

$

0.79

 

Diluted

 

$

0.43

 

 

$

0.78