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Acquisitions (Tables) | 12 Months Ended
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Dec. 31, 2013
Acquisitions |
Schedule of MUSA pro forma information |
|  | Year Ended December 31, 2013 |  | Year Ended December 31, 2012 |
--- | --- | --- | --- | --- | ---
|  | (in millions, except per share amounts) |  | (in millions, except per share amounts) |
Pro forma: |  |  |  |  |  |  |
Net sales |  | $ | 9,753.8 |  | $ | 10,425.9 |
Net income attributable to Reliance |  | $ | 328.9 |  | $ | 444.8 |
Diluted earnings per common share attributable to Reliance shareholders |  | $ | 4.24 |  | $ | 5.88 |
Basic earnings per common share atrributable to Reliance shareholders |  | $ | 4.28 |  | $ | 5.91 |
2013 acquisitions |
Acquisitions |
Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed | As of December 31, 2013, the preliminary allocation of the total purchase price of Metals USA to the fair values of assets acquired and liabilities assumed is as follows:
|  | (in millions) |
--- | --- | --- | ---
Cash |  | $ | 3.2 |
Accounts receivable |  |  | 206.0 |
Inventories |  |  | 379.5 |
Property, plant and equipment |  |  | 242.6 |
Goodwill |  |  | 381.5 |
Intangible assets subject to amortization |  |  | 137.6 |
Intangible assets not subject to amortization |  |  | 203.0 |
Other current and long-term assets |  |  | 9.1 |
​ | ​ | ​ | ​ | ​
Total assets acquired |  |  | 1,562.5 |
​ | ​ | ​ | ​ | ​
Current and long-term debt |  |  | 486.1 |
Deferred taxes |  |  | 184.4 |
Other current and long-term liabilities |  |  | 125.2 |
​ | ​ | ​ | ​ | ​
Total liabilities assumed |  |  | 795.7 |
​ | ​ | ​ | ​ | ​
Net assets acquired |  | $ | 766.8 |
​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​
2012 acquisitions |
Acquisitions |
Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed | The allocation of the total purchase price of our 2012 acquisitions to the fair values of the assets acquired and liabilities assumed is as follows:
|  | (in millions) |
--- | --- | --- | ---
Cash |  | $ | 0.2 |
Accounts receivable |  |  | 32.5 |
Inventories |  |  | 55.0 |
Property, plant and equipment |  |  | 30.7 |
Goodwill |  |  | 68.0 |
Intangible assets subject to amortization |  |  | 45.1 |
Intangible assets not subject to amortization |  |  | 37.9 |
Other current and long-term assets |  |  | 1.2 |
​ | ​ | ​ | ​ | ​
Total assets acquired |  |  | 270.6 |
​ | ​ | ​ | ​ | ​
Current and long-term debt |  |  | 59.4 |
Deferred taxes |  |  | 20.6 |
Other current and long-term liabilities |  |  | 23.5 |
​ | ​ | ​ | ​ | ​
Total liabilities assumed |  |  | 103.5 |
​ | ​ | ​ | ​ | ​
Net assets acquired |  | $ | 167.1 |
​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​
2011 acquisitions |
Acquisitions |
Schedule of allocation of the purchase price of acquisition to the fair value of the assets acquired and liabilities assumed | The allocation of the total purchase price of Continental to the fair values of the assets acquired and liabilities assumed is as follows:
|  | (in millions) |
--- | --- | --- | ---
Cash |  | $ | 22.8 |
Accounts receivable |  |  | 55.7 |
Inventories |  |  | 125.9 |
Property, plant and equipment |  |  | 28.8 |
Goodwill |  |  | 138.5 |
Intangible assets subject to amortization |  |  | 103.7 |
Intangible assets not subject to amortization |  |  | 70.6 |
Other current and long-term assets |  |  | 1.8 |
​ | ​ | ​ | ​ | ​
Total assets acquired |  |  | 547.8 |
​ | ​ | ​ | ​ | ​
Current and long-term debt |  |  | 104.7 |
Deferred taxes |  |  | 56.9 |
Other current and long-term liabilities |  |  | 50.1 |
​ | ​ | ​ | ​ | ​
Total liabilities assumed |  |  | 211.7 |
​ | ​ | ​ | ​ | ​
Net assets acquired |  | $ | 336.1 |
​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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