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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share  
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