Earnings Per Share

3 Months Ended

Mar. 31, 2016

10. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:


	Three Months Ended
	March 31,
	2016		2015
	(in millions, except share and per share amounts)
Numerator:
Net income attributable to Reliance	$	92.2	$	101.3
Denominator:
Weighted average shares outstanding		71,929,821		77,119,266
Dilutive effect of stock-based awards		778,528		713,054
Weighted average diluted shares outstanding		72,708,349		77,832,320

Earnings per share attributable to Reliance stockholders:
Diluted	$	1.27	$	1.30
Basic	$	1.28	$	1.31

Potentially dilutive securities whose effect would have been antidilutive were not significant for the first quarter of 2016 and 2015.