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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings (Loss) Per Share

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

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

Basic and diluted earnings (loss) per share

 

 

2021

 

 

 

2020

 

 

 

2021

 

 

 

2020

 

 

 

(In millions, except number of shares which are reflected in thousands and per share data)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Ryerson Holding Corporation

 

$

49.7

 

 

$

(39.9

)

 

$

187.9

 

 

$

(49.1

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

38,470

 

 

 

38,117

 

 

 

38,350

 

 

 

37,994

 

Dilutive effect of stock-based awards

 

 

621

 

 

 

 

 

 

472

 

 

 

 

Weighted average shares outstanding adjusted for dilutive securities

 

 

39,091

 

 

 

38,117

 

 

 

38,822

 

 

 

37,994

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.29

 

 

$

(1.05

)

 

$

4.90

 

 

$

(1.29

)

Diluted

 

$

1.27

 

 

$

(1.05

)

 

$

4.84

 

 

$

(1.29

)