Earnings Per Share

3 Months Ended

Mar. 31, 2017

Earnings Per Share

Earnings Per Share

10.  Earnings Per Share

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

	Three Months Ended
	March 31,
	2017		2016
	(in millions, except share and per share amounts)
Numerator:
Net income attributable to Reliance	$	111.7	$	92.2
Denominator:
Weighted average shares outstanding		72,841,878		71,929,821
Dilutive effect of stock-based awards		573,487		778,528
Weighted average diluted shares outstanding		73,415,365		72,708,349
Earnings per share attributable to Reliance stockholders:
Diluted	$	1.52	$	1.27
Basic	$	1.53	$	1.28

Potentially dilutive securities whose effect would have been antidilutive were not significant for the first quarters of 2017 and 2016.