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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share  
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