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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2014
Earnings Per Share |
Computation of basic and diluted earnings per share |
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
|  | 2014 |  | 2013 |  | 2014 |  | 2013 |
|  | (in millions, except share and per share amounts) |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to Reliance |  | $ | 95.5 |  | $ | 95.1 |  | $ | 279.2 |  | $ | 259.8 |
Denominator: |  |  |  |  |  |  |  |  |
Denominator for basic earnings per share: |  |  |  |  |  |  |  |  |
Weighted average shares |  | 77,945,375 |  | 77,049,998 |  | 77,730,965 |  | 76,683,659 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |
Stock options, restricted stock, and RSUs |  | 938,806 |  | 807,508 |  | 943,894 |  | 788,207 |
Denominator for dilutive earnings per share: |  |  |  |  |  |  |  |  |
Adjusted weighted average shares and assumed conversions |  | 78,884,181 |  | 77,857,506 |  | 78,674,859 |  | 77,471,866 |
Net income per share attributable to Reliance shareholders – diluted |  | $ | 1.21 |  | $ | 1.22 |  | $ | 3.55 |  | $ | 3.35 |
Net income per share attributable to Reliance shareholders – basic |  | $ | 1.23 |  | $ | 1.23 |  | $ | 3.59 |  | $ | 3.39 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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