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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share  
Computation of basic and diluted earnings per share

Three Months Ended

Six Months Ended

June 30,

June 30,

2022

  

2021

2022

2021

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

Numerator:

   

   

   

Net income attributable to Reliance

$

572.8

   

$

329.1

   

$

1,096.1

   

$

596.0

Denominator:

   

   

   

Weighted average shares outstanding

61,657

   

63,663

   

61,744

   

63,654

Dilutive effect of stock-based awards

937

   

1,130

   

944

   

1,098

Weighted average diluted shares outstanding

62,594

   

64,793

   

62,688

   

64,752

Earnings per share attributable to Reliance stockholders:

Diluted

$

9.15

$

5.08

$

17.49

$

9.20

Basic

$

9.29

$

5.17

$

17.75

$

9.36