Acquisitions (Tables)

6 Months Ended

Jun. 30, 2013

Acquisitions

Schedule of allocation of the total purchase price of Metals USA to the fair value of the assets acquired and liabilities assumed

	(in millions)
Cash	$	3.2
Accounts receivable	205.9
Inventories	382.6
Property, plant and equipment	248.7
Goodwill	349.1
Intangible assets subject to amortization	182.0
Intangible assets not subject to amortization	220.0
Other current and long-term assets	9.0
Total assets acquired	1,600.5
Current and long-term debt	486.1
Deferred taxes	235.9
Other current and long-term liabilities	111.7
Total liabilities assumed	833.7
Net assets acquired	$	766.8

Schedule of pro forma information

	Three Months EndedJune 30, 2013			Three Months EndedJune 30, 2012
	(in millions, except per share amounts)			(in millions, except per share amounts)
Pro forma:
Net sales		$	2,519.2		$	2,746.8
Net income attributable to Reliance		$	84.7		$	125.2
Diluted earnings per common share attributable to Reliance shareholders		$	1.09		$	1.66
Basic earnings per common share attributable to Reliance shareholders		$	1.10		$	1.67

	Six Months EndedJune 30, 2013			Six Months EndedJune 30, 2012
	(in millions, except per share amounts)			(in millions, except per share amounts)
Pro forma:
Net sales		$	5,003.6		$	5,560.4
Net income attributable to Reliance		$	172.2		$	255.2
Diluted earnings per common share attributable to Reliance shareholders		$	2.23		$	3.38
Basic earnings per common share attributable to Reliance shareholders		$	2.25		$	3.40