Three Months Ended

Nine Months Ended

September 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

$

393.5

$

395.7

$

1,489.6

$

991.7

Denominator:

Weighted average shares outstanding

60,055

63,275

61,175

63,526

Dilutive effect of stock-based awards

929

1,075

939

1,091

Weighted average diluted shares outstanding

60,984

64,350

62,114

64,617

Earnings per share attributable to Reliance stockholders:

Basic

$

6.55

$

6.25

$

24.35

$

15.61

Diluted

$

6.45

$

6.15

$

23.98

$

15.35