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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share  
Computation of basic and diluted earnings per share

Three Months Ended

Six Months Ended

June 30,

June 30,

2024

   

2023

   

2024

   

2023

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

Numerator:

Net income attributable to Reliance

$

267.8

$

385.1

$

570.7

$

768.2

Denominator:

Weighted average shares outstanding

56,878

58,688

57,109

58,760

Dilutive effect of stock-based awards

516

658

529

680

Weighted average diluted shares outstanding

57,394

59,346

57,638

59,440

Earnings per share attributable to Reliance stockholders:

Basic

$

4.71

$

6.56

$

9.99

$

13.07

Diluted

$

4.67

$

6.49

$

9.90

$

12.92