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Acquisitions (Details) (USD $) In Millions, except Per Share data, unless otherwise specified | 3 Months Ended |  |  | 0 Months Ended | 3 Months Ended
--- | --- | --- | --- | --- | ---
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | Apr. 12, 2013 Term loan expiring April 4, 2018 | Apr. 12, 2013 Senior unsecured notes due 2023 | Apr. 30, 2013 Travel Main item | Apr. 12, 2013 Metals USA item | Mar. 31, 2014 Metals USA | Mar. 31, 2013 Metals USA | Mar. 31, 2014 Haskins Steel Co., Inc. (Haskins Steel)
Acquisitions |  |  |  |  |  |  |  |  |  |
Net sales | $ 2,553.0 | $ 2,025.3 |  |  |  |  |  | $ 454.5 |  | $ 8.0
Number of real estate properties of acquired entity which were leased by subsidiaries of reporting entity |  |  |  |  |  | 18 |  |  |  |
Total transaction value |  |  |  |  |  | 78.9 | 1,250.0 |  |  |
Value of debt assumed |  |  |  |  |  | 43.8 | 486.1 |  |  |
Number of service centers acquired |  |  |  |  |  |  | 44 |  |  |
Purchase price |  |  |  |  |  |  | 766.8 |  |  |
Acquired debt not refinanced through proceeds from debt |  |  |  |  |  |  | 12.3 |  |  |
Face amount of debt, proceeds from which is used to fund transaction |  |  |  | 500.0 | 500.0 |  |  |  |  |
Transaction related costs |  | 3.1 |  |  |  |  |  |  |  |
Allocation of the total purchase price of acquisitions to the fair value of the assets acquired and liabilities assumed |  |  |  |  |  |  |  |  |  |
Cash |  |  |  |  |  |  |  | 3.2 |  |
Accounts receivable |  |  |  |  |  |  |  | 206.0 |  |
Inventories |  |  |  |  |  |  |  | 379.5 |  |
Property, plant and equipment |  |  |  |  |  |  |  | 242.6 |  |
Goodwill | 1,690.3 |  | 1,691.6 |  |  |  |  | 382.7 |  |
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 |  |  |  |  |  |  |  | 1,563.7 |  |
Current and long-term debt |  |  |  |  |  |  |  | 486.1 |  |
Deferred taxes |  |  |  |  |  |  |  | 184.4 |  |
Other current and long-term liabilities |  |  |  |  |  |  |  | 126.4 |  |
Total liabilities assumed |  |  |  |  |  |  |  | 796.9 |  |
Net assets acquired |  |  |  |  |  |  |  | 766.8 |  |
Pro forma financial information |  |  |  |  |  |  |  |  |  |
Acquisition and related costs |  |  |  |  |  |  |  |  | 5.2 |
Pro forma: |  |  |  |  |  |  |  |  |  |
Net sales |  |  |  |  |  |  |  |  | 2,484.4 |
Net income attributable to Reliance |  |  |  |  |  |  |  |  | $ 88.4 |
Diluted earnings per common share attributable to Reliance shareholders (in dollars per share) |  |  |  |  |  |  |  |  | $ 1.15 |
Basic earnings per common share attributable to Reliance shareholders (in dollars per share) |  |  |  |  |  |  |  |  | $ 1.16 |

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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 25 -Paragraph 23 -URI http://asc.fasb.org/extlink&oid=21917927&loc=d3e1043-128460 + Details
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- Definition Amount of assets acquired at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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- Definition Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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- Definition Amount of deferred tax asset attributable to deductible temporary differences and carryforwards that are expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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- Definition Amount of assets, excluding financial assets and goodwill, that lack physical substance, having a projected indefinite period of benefit, acquired at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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- Definition The amount of identifiable intangible assets recognized as of the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 55 -Paragraph 37 -URI http://asc.fasb.org/extlink&oid=25498275&loc=d3e2207-128464 + Details
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- Definition The amount of inventory recognized as of the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 55 -Paragraph 37 -URI http://asc.fasb.org/extlink&oid=25498275&loc=d3e2207-128464 + Details
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- Definition Amount of liabilities assumed at the acquisition date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472 + Details
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