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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 4,681.2 $ 3,418.8 $ 9,167.0 $ 6,257.2
Costs and expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 3,185.8 2,336.6 6,284.5 4,221.3
Warehouse, delivery, selling, general and administrative (SG&A) 648.6 563.3 1,260.5 1,081.8
Depreciation and amortization 59.3 58.5 118.4 115.4
Total costs and expenses 3,893.7 2,958.4 7,663.4 5,418.5
Operating income 787.5 460.4 1,503.6 838.7
Other expense:        
Interest expense 15.6 15.7 31.2 31.4
Other expense, net 9.3 0.6 12.6 4.2
Income before income taxes 762.6 444.1 1,459.8 803.1
Income tax provision 188.7 113.9 361.3 204.7
Net income 573.9 330.2 1,098.5 598.4
Less: net income attributable to noncontrolling interests 1.1 1.1 2.4 2.4
Net income attributable to Reliance $ 572.8 $ 329.1 $ 1,096.1 $ 596.0
Earnings per share attributable to Reliance stockholders:        
Diluted (in dollars per share) $ 9.15 $ 5.08 $ 17.49 $ 9.20
Basic (in dollars per share) $ 9.29 $ 5.17 $ 17.75 $ 9.36
Shares used in computing earnings per share:        
Diluted (in shares) 62,594 64,793 62,688 64,752
Basic (in shares) 61,657 63,663 61,744 63,654