Earnings Per Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share

Earnings Per Share

11.  Earnings Per Share

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

	Three Months Ended
	March 31,
	2018		2017
	(in millions, except share and per share amounts)
Numerator:
Net income attributable to Reliance	$	169.0	$	111.7
Denominator:
Weighted average shares outstanding		72,818,336		72,841,878
Dilutive effect of stock-based awards		632,029		573,487
Weighted average diluted shares outstanding		73,450,365		73,415,365
Earnings per share attributable to Reliance stockholders:
Diluted	$	2.30	$	1.52
Basic	$	2.32	$	1.53

Potentially dilutive securities whose effect would have been antidilutive were not significant for the first quarters of 2018 and 2017.