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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

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Three Months Ended

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Six Months Ended

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June 30,

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June 30,

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2022

  

2021

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2022

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2021

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

Numerator:

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Net income attributable to Reliance

$

572.8

   

$

329.1

   

$

1,096.1

   

$

596.0

Denominator:

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Weighted average shares outstanding

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61,657

   

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63,663

   

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61,744

   

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63,654

Dilutive effect of stock-based awards

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937

   

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1,130

   

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944

   

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1,098

Weighted average diluted shares outstanding

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62,594

   

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64,793

   

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62,688

   

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64,752

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Earnings per share attributable to Reliance stockholders:

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Diluted

$

9.15

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$

5.08

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$

17.49

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$

9.20

Basic

$

9.29

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$

5.17

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$

17.75

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$

9.36