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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share  
Computation of basic and diluted earnings per share

 

 

 

 

Three Months Ended March 31,

 

 

 

2015

 

2014

 

 

 

(in millions, except share and per share amounts)

 

Numerator:

 

 

 

 

 

Net income attributable to Reliance

 

$

101.3 

 

$

87.2 

 

Denominator:

 

 

 

 

 

Weighted average shares outstanding

 

77,119,266 

 

77,507,406 

 

Dilutive effect of share-based awards

 

713,054 

 

850,426 

 

Weighted average diluted shares outstanding

 

77,832,320 

 

78,357,832 

 

 

 

 

 

 

 

Earnings per share attributable to Reliance shareholders:

 

 

 

 

 

Diluted

 

$

1.30 

 

$

1.11 

 

Basic

 

$

1.31 

 

$

1.13