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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
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

 

 

2022

 

 

 

2021

 

 

 

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

 

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to Ryerson Holding Corporation

 

$

163.6

 

 

$

25.3

 

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

38,391

 

 

 

38,117

 

Dilutive effect of stock-based awards

 

 

833

 

 

 

523

 

Weighted average shares outstanding adjusted for dilutive securities

 

 

39,224

 

 

 

38,640

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

 

 

 

 

 

 

 

Basic

 

$

4.26

 

 

$

0.66

 

Diluted

 

$

4.17

 

 

$

0.66