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UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME        
Net sales $ 3,643.3 $ 3,880.3 $ 7,288.1 $ 7,845.6
Costs and expenses:        
Cost of sales (exclusive of depreciation and amortization shown below) 2,557.3 2,657.6 5,073.9 5,396.9
Warehouse, delivery, selling, general and administrative 667.7 650.6 1,339.2 1,301.9
Depreciation and amortization 66.6 60.8 130.2 121.9
Total costs and expenses 3,291.6 3,369.0 6,543.3 6,820.7
Operating income 351.7 511.3 744.8 1,024.9
Other (income) expense:        
Interest expense 9.7 9.7 19.4 20.6
Other income, net (7.7) (9.3) (20.5) (15.1)
Income before income taxes 349.7 510.9 745.9 1,019.4
Income tax provision 81.4 124.6 173.8 248.7
Net income 268.3 386.3 572.1 770.7
Less: net income attributable to noncontrolling interests 0.5 1.2 1.4 2.5
Net income attributable to Reliance $ 267.8 $ 385.1 $ 570.7 $ 768.2
Earnings per share attributable to Reliance stockholders:        
Basic (in dollars per share) $ 4.71 $ 6.56 $ 9.99 $ 13.07
Diluted (in dollars per share) $ 4.67 $ 6.49 $ 9.90 $ 12.92
Shares used in computing earnings per share:        
Basic (in shares) 56,878 58,688 57,109 58,760
Diluted (in shares) 57,394 59,346 57,638 59,440