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Earnings Per Share
 12 Months Ended
Dec. 31, 2018
Earnings Per Share  
Earnings Per Share

Note 16. Earnings Per Share

 

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

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

2018

 

2017

 

2016

 

(in millions, except share amounts which are reflected in thousands  and per share amounts)

Numerator:

 

 

 

 

 

 

 

 

Net income attributable to Reliance 

$
633.7

 

$
613.4

 

$
304.3

Denominator:

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 
71,621

 

 
72,851

 

 
72,363

Dilutive effect of stock-based awards

 
820

 

 
688

 

 
758

Weighted average diluted shares outstanding

 
72,441

 

 
73,539

 

 
73,121

 

 

 

 

 

 

 

 

 

Earnings per share attributable to Reliance stockholders:

 

 

 

 

 

 

 

 

Diluted

$
8.75

 

$
8.34

 

$
4.16

Basic

$
8.85

 

$
8.42

 

$
4.21

 

Potentially dilutive securities whose effect would have been antidilutive were not significant for all years presented.