Acquisitions (Tables) - 2021 Acquisitions

6 Months Ended

Jun. 30, 2022

Acquisitions

Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed

	(in millions)
Cash	$	1.0
Accounts receivable		107.2
Inventories		134.4
Property, plant and equipment		33.6
Operating lease right-of-use assets		29.8
Goodwill		176.5
Intangible assets subject to amortization		116.3
Intangible assets not subject to amortization		51.2
Other current and long-term assets		4.0
Total assets acquired		654.0
Deferred taxes		49.3
Operating lease liabilities		24.6
Other current and long-term liabilities		139.8
Total liabilities assumed		213.7
Net assets acquired	$	440.3

Schedule of pro forma information

	Three Months Ended		Six Months Ended
	June 30, 2021		June 30, 2021
	(in millions, except per share amounts)
Pro forma:
Net sales	$	3,662.3	$	6,679.6
Net income attributable to Reliance	$	371.7	$	655.7
Earnings per share attributable to Reliance stockholders:
Diluted	$	5.74	$	10.13
Basic	$	5.84	$	10.30