XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.2.2
Acquisitions (Tables) - 2021 Acquisitions
9 Months Ended
Sep. 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

177.0

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

654.5

Deferred taxes

49.3

Operating lease liabilities

24.6

Other current and long-term liabilities

140.3

Total liabilities assumed

214.2

Net assets acquired

$

440.3

Schedule of pro forma information

Three Months Ended

Nine Months Ended

September 30, 2021

    

September 30, 2021

(in millions, except per share amounts)

Pro forma:

Net sales

$

4,100.8

$

10,780.4

Net income attributable to Reliance

$

435.5

$

1,091.2

Earnings per share attributable to Reliance stockholders:

Basic

$

6.88

$

17.18

Diluted

$

6.77

$

16.89