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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CONSOLIDATED STATEMENTS OF INCOME    
Net sales $ 2,572.9 $ 2,956.6
Costs and expenses:    
Cost of sales (exclusive of depreciation and amortization shown below) 1,792.2 2,089.7
Warehouse, delivery, selling, general and administrative 522.7 532.1
Depreciation and amortization 57.0 54.0
Impairment of long-lived assets 97.7  
Total costs and expenses 2,469.6 2,675.8
Operating income 103.3 280.8
Other expense:    
Interest expense 16.9 24.2
Other expense, net 3.3 1.1
Income before income taxes 83.1 255.5
Income tax provision 20.2 63.9
Net income 62.9 191.6
Less: Net income attributable to noncontrolling interests 1.2 1.5
Net income attributable to Reliance $ 61.7 $ 190.1
Earnings per share attributable to Reliance stockholders:    
Diluted (in dollars per share) $ 0.92 $ 2.80
Basic (in dollars per share) $ 0.93 $ 2.83
Shares used in computing earnings per share:    
Diluted (in shares) 67,248 67,926
Basic (in shares) 66,337 67,127
Cash dividends per share (in dollars per share) $ 0.625 $ 0.55