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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 4,247.2 $ 3,847.4 $ 13,414.2 $ 10,104.6
Costs and expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 3,008.2 2,636.3 9,292.7 6,857.6
Warehouse, delivery, selling, general and administrative (SG&A) 630.1 606.8 1,890.6 1,688.6
Depreciation and amortization 60.4 56.7 178.8 172.1
Total costs and expenses 3,698.7 3,299.8 11,362.1 8,718.3
Operating income 548.5 547.6 2,052.1 1,386.3
Other (income) expense:        
Interest expense 15.6 15.6 46.8 47.0
Other expense (income), net 8.9 (0.6) 21.5 3.6
Income before income taxes 524.0 532.6 1,983.8 1,335.7
Income tax provision 129.6 135.9 490.9 340.6
Net income 394.4 396.7 1,492.9 995.1
Less: Net income attributable to noncontrolling interests 0.9 1.0 3.3 3.4
Net income attributable to Reliance $ 393.5 $ 395.7 $ 1,489.6 $ 991.7
Earnings per share attributable to Reliance stockholders:        
Basic (in dollars per share) $ 6.55 $ 6.25 $ 24.35 $ 15.61
Diluted (in dollars per share) $ 6.45 $ 6.15 $ 23.98 $ 15.35
Shares used in computing earnings per share:        
Basic (in shares) 60,055 63,275 61,175 63,526
Diluted (in shares) 60,984 64,350 62,114 64,617