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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Per Share

Computation of basic and diluted earnings per share

		Year Ended December 31,
		2012			2011			2010
		(in millions, except share and per share amounts)
Numerator:
Net income attributable to Reliance		$	403.5		$	343.8		$	194.4
Denominator:
Denominator for basic earnings per share—Weighted average shares			75,216,955			74,767,988			74,230,452
Effect of dilutive securities:
Stock options			477,257			273,765			241,928
Denominator for dilutive earnings per share:
Adjusted weighted average shares and assumed conversions			75,694,212			75,041,753			74,472,380
Net income per share attributable to Reliance shareholders—diluted		$	5.33		$	4.58		$	2.61
Net income per share attributable to Reliance shareholders—basic		$	5.36		$	4.60		$	2.62

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations.

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