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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 3,880.3 $ 4,681.2 $ 7,845.6 $ 9,167.0
Costs and expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 2,657.6 3,185.8 5,396.9 6,284.5
Warehouse, delivery, selling, general and administrative ("SG&A") 650.6 648.6 1,301.9 1,260.5
Depreciation and amortization 60.8 59.3 121.9 118.4
Total costs and expenses 3,369.0 3,893.7 6,820.7 7,663.4
Operating income 511.3 787.5 1,024.9 1,503.6
Other (income) expense:        
Interest expense 9.7 15.6 20.6 31.2
Other (income) expense, net (9.3) 9.3 (15.1) 12.6
Income before income taxes 510.9 762.6 1,019.4 1,459.8
Income tax provision 124.6 188.7 248.7 361.3
Net income 386.3 573.9 770.7 1,098.5
Less: net income attributable to noncontrolling interests 1.2 1.1 2.5 2.4
Net income attributable to Reliance $ 385.1 $ 572.8 $ 768.2 $ 1,096.1
Earnings per share attributable to Reliance stockholders:        
Basic (in dollars per share) $ 6.56 $ 9.29 $ 13.07 $ 17.75
Diluted (in dollars per share) $ 6.49 $ 9.15 $ 12.92 $ 17.49
Shares used in computing earnings per share:        
Basic (in shares) 58,688 61,657 58,760 61,744
Diluted (in shares) 59,346 62,594 59,440 62,688