Three Months Ended

Six Months Ended

June 30,

2023

2022

2023

2022

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

Numerator:

Net income attributable to Reliance

$

385.1

$

572.8

$

768.2

$

1,096.1

Denominator:

Weighted average shares outstanding

58,688

61,657

58,760

61,744

Dilutive effect of stock-based awards

658

937

680

944

Weighted average diluted shares outstanding

59,346

62,594

59,440

62,688

Earnings per share attributable to Reliance stockholders:

Basic

$

6.56

$

9.29

$

13.07

$

17.75

Diluted

$

6.49

$

9.15

$

12.92

$

17.49