Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share

Computation of basic and diluted earnings per share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
	(in millions, except share and per share amounts)
Numerator:
Net income attributable to Reliance	$	97.3	$	49.5	$	312.0	$	242.6
Denominator:
Weighted average shares outstanding		72,908,979		72,542,873		72,881,000		72,282,537
Dilutive effect of stock-based awards		708,500		737,924		630,427		752,401
Weighted average diluted shares outstanding		73,617,479		73,280,797		73,511,427		73,034,938
Earnings per share attributable to Reliance stockholders:
Diluted	$	1.32	$	0.68	$	4.24	$	3.32
Basic	$	1.33	$	0.68	$	4.28	$	3.36