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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2011
Earnings Per Share |
Computation of basic and diluted earnings per share |
|  | Three Months Ended September 30, |  | Nine Months Ended September 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
|  | (in millions, except share and per share amounts) |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to Reliance |  | $ | 84.9 |  | $ | 48.7 |  | $ | 275.9 |  | $ | 154.9 |
Denominator: |  |  |  |  |  |  |  |  |
Denominator for basic earnings per share: |  |  |  |  |  |  |  |  |
Weighted average shares |  | 74,826,968 |  | 74,292,161 |  | 74,740,921 |  | 74,126,497 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |
Stock options and restricted stock |  | 136,159 |  | 108,198 |  | 305,768 |  | 242,579 |
Denominator for diluted earnings per share: |  |  |  |  |  |  |  |  |
Adjusted weighted average shares and assumed conversions |  | 74,963,127 |  | 74,400,359 |  | 75,046,689 |  | 74,369,076 |
Net income per share attributable to Reliance shareholders — diluted |  | $ | 1.13 |  | $ | 0.65 |  | $ | 3.68 |  | $ | 2.08 |
Net income per share attributable to Reliance shareholders — basic |  | $ | 1.13 |  | $ | 0.65 |  | $ | 3.69 |  | $ | 2.09 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations. + Details
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