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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share  
Computation of basic and diluted earnings per share

Three Months Ended March 31,

2023

   

2022

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

Numerator:

Net income attributable to Reliance

$

383.1

$

523.3

Denominator:

Weighted average shares outstanding

58,832

61,833

Dilutive effect of stock-based awards

702

951

Weighted average diluted shares outstanding

59,534

62,784

Earnings per share attributable to Reliance stockholders:

Basic

$

6.51

$

8.46

Diluted

$

6.43

$

8.33