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