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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2012
Earnings Per Share |
Computation of basic and diluted earnings per share |
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
|  | (in millions, except share and per share amounts) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Reliance |  | $ | 108.8 |  |  | $ | 98.7 |  |  | $ | 225.0 |  |  | $ | 191.0 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Denominator for basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares |  | 75,087,057 |  |  | 74,773,715 |  |  | 75,004,840 |  |  | 74,697,185 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock |  | 424,192 |  |  | 377,083 |  |  | 464,129 |  |  | 390,572 |
Denominator for diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |
Adjusted weighted average shares and assumed conversions |  | 75,511,249 |  |  | 75,150,798 |  |  | 75,468,969 |  |  | 75,087,757 |
Net income per share attributable to Reliance shareholders – diluted |  | $ | 1.44 |  |  | $ | 1.31 |  |  | $ | 2.98 |  |  | $ | 2.54 |
Net income per share attributable to Reliance shareholders – basic |  | $ | 1.45 |  |  | $ | 1.32 |  |  | $ | 3.00 |  |  | $ | 2.56 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations. + References No definition available. + Details
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