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

Three Months Ended

Nine Months Ended

September 30,

September 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

$

199.2

$

295.0

$

769.9

$

1,063.2

Denominator:

Weighted average shares outstanding

54,691

58,427

56,297

58,648

Dilutive effect of stock-based awards

491

697

516

685

Weighted average diluted shares outstanding

55,182

59,124

56,813

59,333

Earnings per share attributable to Reliance stockholders:

Basic

$

3.64

$

5.05

$

13.68

$

18.13

Diluted

$

3.61

$

4.99

$

13.55

$

17.92