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Acquisitions (Tables) - 2024 Acquisitions
12 Months Ended
Dec. 31, 2024
Acquisitions  
Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed

   

(in millions)

Cash

$

5.6

Accounts receivable

44.9

Inventories

109.9

Prepaid expenses and other current assets

1.0

Property, plant and equipment

107.5

Operating lease right-of-use assets

19.2

Goodwill

56.0

Intangible assets subject to amortization

39.5

Intangible assets not subject to amortization

41.4

Total assets acquired

425.0

Deferred income taxes

6.7

Operating lease liabilities

15.1

Other current and long-term liabilities

32.7

Total liabilities assumed

54.5

Noncontrolling interest

0.3

Net assets acquired

$

370.2

Schedule of pro forma information

Year Ended December 31,

2023

(in millions, except per share amounts)

Pro forma:

Net sales

$

15,312.8

Net income attributable to Reliance

$

1,361.7

Earnings per share attributable to Reliance stockholders:

Basic

$

23.35

Diluted

$

23.07