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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 3,623.0 $ 4,247.2 $ 11,468.6 $ 13,414.2
Costs and expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 2,546.0 3,008.2 7,942.9 9,292.7
Warehouse, delivery, selling, general and administrative ("SG&A") 626.9 630.1 1,928.8 1,890.6
Depreciation and amortization 60.6 60.4 182.5 178.8
Total costs and expenses 3,233.5 3,698.7 10,054.2 11,362.1
Operating income 389.5 548.5 1,414.4 2,052.1
Other (income) expense:        
Interest expense 9.7 15.6 30.3 46.8
Other (income) expense, net (8.2) 8.9 (23.3) 21.5
Income before income taxes 388.0 524.0 1,407.4 1,983.8
Income tax provision 92.0 129.6 340.7 490.9
Net income 296.0 394.4 1,066.7 1,492.9
Less: net income attributable to noncontrolling interests 1.0 0.9 3.5 3.3
Net income attributable to Reliance $ 295.0 $ 393.5 $ 1,063.2 $ 1,489.6
Earnings per share attributable to Reliance stockholders:        
Basic (in dollars per share) $ 5.05 $ 6.55 $ 18.13 $ 24.35
Diluted (in dollars per share) $ 4.99 $ 6.45 $ 17.92 $ 23.98
Shares used in computing earnings per share:        
Basic (in shares) 58,427 60,055 58,648 61,175
Diluted (in shares) 59,124 60,984 59,333 62,114