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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share  
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