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Earnings Per Share | 6 Months Ended
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Jun. 30, 2015
Earnings Per Share |
Earnings Per Share | 10. Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share:
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2015 |  | 2014 |  | 2015 |  | 2014 |
|  | (in millions, except share and per share amounts) |
Numerator: |  |  |  |  |  |  |  |  |
Net income attributable to Reliance |  | $ | 90.2 |  | $ | 96.5 |  | $ | 191.5 |  | $ | 183.7 |
Denominator: |  |  |  |  |  |  |  |  |
Weighted average shares outstanding |  | 74,316,582 |  | 77,735,301 |  | 75,710,182 |  | 77,621,983 |
Dilutive effect of stock-based awards |  | 777,480 |  | 1,042,451 |  | 745,267 |  | 946,439 |
Weighted average diluted shares outstanding |  | 75,094,062 |  | 78,777,752 |  | 76,455,449 |  | 78,568,422 |
Earnings per share attributable to Reliance stockholders: |  |  |  |  |  |  |  |  |
Diluted |  | $ | 1.20 |  | $ | 1.22 |  | $ | 2.50 |  | $ | 2.34 |
Basic |  | $ | 1.21 |  | $ | 1.24 |  | $ | 2.53 |  | $ | 2.37 |
The computations of earnings per share for the three months ended June 30, 2015 and 2014 do not include 39,834 and 46,255 weighted average shares for RSUs and stock options, respectively, because their inclusion would have been anti-dilutive. The computations of earnings per share for the six months ended June 30, 2015 and 2014 do not include 123,617 and 31,940 weighted average shares for RSUs and stock options, respectively, because their inclusion would have been anti-dilutive.

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