XML 36 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net sales $ 2,288.3 $ 1,912.7
Costs and expenses:    
Cost of sales (exclusive of depreciation and amortization shown below) 1,710.5 1,406.4
Warehouse, delivery, selling, general and administrative 357.7 318.5
Depreciation and amortization 35.5 33.0
Total costs and expenses 2,103.7 1,757.9
Operating income 184.6 154.8
Other income (expense):    
Interest (14.5) (14.6)
Other income, net 6.5 0.2
Income before income taxes 176.6 140.4
Income tax provision 58.7 46.8
Net income 117.9 93.6
Less: Net income attributable to noncontrolling interests 1.7 1.3
Net income attributable to Reliance $ 116.2 $ 92.3
Earnings per share:    
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share) $ 1.54 $ 1.23
Basic earnings per common share attributable to Reliance shareholders (in dollars per share) $ 1.55 $ 1.24
Cash dividends per share (in dollars per share) $ 0.15 $ 0.12