Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2013

Earnings Per Share

Computation of basic and diluted earnings per share

	Three Months Ended March 31,
	2013		2012
	(in millions except for share and per share amounts)
Numerator:
Net income attributable to Reliance	$	83.7	$	116.2
Denominator:
Denominator for basic earnings per share – Weighted average shares	76,297,108		74,922,487
Effect of dilutive securities:
Stock options and restricted shares	783,595		504,065
Denominator for dilutive earnings per share:
Adjusted weighted average shares and assumed conversions	77,080,703		75,426,552
Net income per share attributable to Reliance shareholders – diluted	$	1.09	$	1.54
Net income per share attributable to Reliance shareholders – basic	$	1.10	$	1.55