XML 32 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share  
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