XML 90 R69.htm IDEA: XBRL DOCUMENT v2.4.1.9
Earnings Per Share (Details) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Numerator:                      
Net income attributable to Reliance (in dollars) $ 92.3us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 95.5us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 96.5us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 87.2us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 61.8us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 95.1us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 81.0us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 83.7us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 371.5us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 321.6us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 403.5us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Denominator for basic earnings per share:                      
Weighted average shares                 77,682,943us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 76,844,912us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 75,216,955us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Effect of dilutive securities:                      
Stock options, restricted stock, and RSUs (in shares)                 932,996us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 801,280us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements 477,257us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
Denominator for diluted earnings per share:                      
Adjusted weighted average shares and assumed conversions                 78,615,939us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 77,646,192us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 75,694,212us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Net income per share attributable to Reliance shareholders - diluted (in dollars per share) $ 1.18us-gaap_EarningsPerShareDiluted $ 1.21us-gaap_EarningsPerShareDiluted $ 1.22us-gaap_EarningsPerShareDiluted $ 1.11us-gaap_EarningsPerShareDiluted $ 0.79us-gaap_EarningsPerShareDiluted $ 1.22us-gaap_EarningsPerShareDiluted $ 1.05us-gaap_EarningsPerShareDiluted $ 1.09us-gaap_EarningsPerShareDiluted $ 4.73us-gaap_EarningsPerShareDiluted $ 4.14us-gaap_EarningsPerShareDiluted $ 5.33us-gaap_EarningsPerShareDiluted
Net income per share attributable to Reliance shareholders - basic (in dollars per share) $ 1.19us-gaap_EarningsPerShareBasic $ 1.23us-gaap_EarningsPerShareBasic $ 1.24us-gaap_EarningsPerShareBasic $ 1.13us-gaap_EarningsPerShareBasic $ 0.80us-gaap_EarningsPerShareBasic $ 1.23us-gaap_EarningsPerShareBasic $ 1.06us-gaap_EarningsPerShareBasic $ 1.10us-gaap_EarningsPerShareBasic $ 4.78us-gaap_EarningsPerShareBasic $ 4.19us-gaap_EarningsPerShareBasic $ 5.36us-gaap_EarningsPerShareBasic
Diluted shares                      
Shares reserved for issuance upon exercise of outstanding stock options or vesting of restricted shares respectively, not included in the diluted calculation due to their anti-dilutive effect                 24,823us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount 192,293us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount 2,234,568us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount