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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CONSOLIDATED STATEMENTS OF INCOME      
Net sales $ 10,973.8 $ 11,534.5 $ 9,721.0
Costs and expenses:      
Cost of sales (exclusive of depreciation and amortization shown below) 7,644.4 8,253.0 6,933.2
Warehouse, delivery, selling, general and administrative 2,095.4 2,091.8 1,902.8
Depreciation and amortization 219.3 215.2 218.4
Impairment of long-lived assets 1.2 37.0 4.2
Total costs and expenses 9,960.3 10,597.0 9,058.6
Operating income 1,013.5 937.5 662.4
Other (income) expense:      
Interest 85.0 86.2 73.9
Other (income) expense, net (0.8) 0.7 4.7
Income before income taxes 929.3 850.6 583.8
Income tax provision (benefit) 223.2 208.8 (37.2)
Net income 706.1 641.8 621.0
Less: Net income attributable to noncontrolling interests 4.6 8.1 7.6
Net income attributable to Reliance $ 701.5 $ 633.7 $ 613.4
Earnings per share attributable to Reliance stockholders:      
Diluted earnings per common share (in dollars per share) $ 10.34 $ 8.75 $ 8.34
Basic earnings per common share (in dollars per share) $ 10.49 $ 8.85 $ 8.42
Shares used in computing earning per share:      
Diluted (in shares) 67,855 72,441 73,539
Basic (in shares) 66,885 71,621 72,851
Cash dividends per share (in dollars per share) $ 2.20 $ 2.00 $ 1.80